India Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
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India extracorporeal membrane oxygenation machine market highlights
- The India extracorporeal membrane oxygenation machine market generated a revenue of USD 9.6 million in 2023 and is expected to reach USD 15.1 million by 2030.
- The India market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, oxygenators was the largest revenue generating component in 2023.
- Oxygenators is the most lucrative component segment registering the fastest growth during the forecast period.
Extracorporeal membrane oxygenation machine market data book summary
| Market revenue in 2023 | USD 9.6 million |
| Market revenue in 2030 | USD 15.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Oxygenators |
| Fastest growing segment | Oxygenators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Pumps, Oxygenators, Heater - cooler unit, Tubing |
| Key market players worldwide | Medtronic PLC, Getinge AB Class B, MicroPort Scientific Corp, Terumo Corp, Nipro Corp, LivaNova PLC, CytoSorbents Corp |
Other key industry trends
- In terms of revenue, India accounted for 3.1% of the global extracorporeal membrane oxygenation machine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan extracorporeal membrane oxygenation machine market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 28.0 million by 2030.
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Extracorporeal Membrane Oxygenation Machine Market Scope
Extracorporeal Membrane Oxygenation Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CytoSorbents Corp | View profile | 186 | 305 College Road East, Princeton, NJ, United States, 08540 | https://www.cytosorbents.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Nipro Corp | View profile | 39713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | http://www.nipro.co.jp |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Getinge AB Class B | View profile | 11862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | https://www.getinge.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
India extracorporeal membrane oxygenation machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to extracorporeal membrane oxygenation machine market will help companies and investors design strategic landscapes.
Oxygenators was the largest segment with a revenue share of 35.42% in 2023. Horizon Databook has segmented the India extracorporeal membrane oxygenation machine market based on blood pumps, oxygenators, heater - cooler unit, tubing covering the revenue growth of each sub-segment from 2018 to 2030.
Low production cost, increasing geriatric population, and favorable regulatory policies provide a competitive edge to the country. Factors such as increasing healthcare spending and growing prevalence of chronic diseases are expected to drive the ECMO market.
According to the Global Burden on Disease Study, the prevalence of Cardiovascular Diseases (CVDs) in India was 54.5 million in 2016. CVDs contribute to around 28.1% of total deaths in the country. In 2017, the India Hypertension Management Initiative (IHMI) was launched to help strengthen the country’s healthcare system.
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Horizon Databook provides a detailed overview of country-level data and insights on the India extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This country databook contains high-level insights into India extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India extracorporeal membrane oxygenation machine market size, by component, 2018-2030 (US$M)
India Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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