ECMO Markets: Global Forecast Analyses - Modality, Age, and COVID-19 Implications

What is the Expected Growth Trajectory of ECMO Markets Globally?

Extracorporeal Membrane Oxygenation (ECMO) markets are projected to demonstrate robust growth globally, underpinned by an expanding ageing population and increasing cases of cardiovascular and respiratory diseases. The rising demand for ECMO procedures showcases a sound investment opportunity in healthcare infrastructure across the globe.

How Does Modality Influence the Market Dynamics?

ECMO markets are segmented by their modality into venovenous and venoarterial types. The selection of an ECMO modality critically depends on medical needs, which vary based on the nature and severity of the disease. The venovenous type is preferred for respiratory support, while the venoarterial type is utilized for both respiratory and hemodynamic support. Market dynamics are strongly influenced by these preferences, dictating the utilization ratios and consequently, the supply-demand balance.

What are the Implications of COVID-19 on the ECMO Market?

The COVID-19 pandemic has led to a surge in demand for ECMO systems due to severe respiratory conditions manifested in the affected patients. High morbidity rates, along with the prolonged nature of the pandemic, have accelerated the need for ECMO procedures worldwide. While this has posed immense challenges to healthcare systems, it concurrently widens the market for ECMO, creating potential for greater sales and technological innovation.