United States Extracorporeal Membrane Oxygenation ECMO Service Market
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market Size By Patient Type (Adult and Pediatric), By Application (Rеѕріrаtоrу, Саrdіас, Ехtrасоrроrеаl Саrdіорulmоnаrу Rеѕuѕсіtаtіоn (ЕСРR)), By Service Type (Patient Monitoring, ECMO Staffing, Consultation) And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market Size And Forecast
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market size was valued at USD 47.93 Million in 2020 and is projected to reach USD 71.18 Million by 2028, growing at a CAGR of 5.81% from 2021 to 2028.
The rising geriatric population along with the increasing incidence of coronary heart disease is propelling the adoption of ECMO machines which in turn propels the ECMO service market. The United States report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market Definition
Think of ECMO as a life-saver – Extracorporeal Membrane Oxygenation. It's used when someone is really, really sick and their heart or lungs just aren't working right, making it hard to breathe. Basically, the ECMO machine takes over, acting like a heart and lung. A pump moves the blood through an artificial lung and then back into the body. People on ECMO get super close attention in the hospital's ICU. This support acts like a heart-lung bypass, and can even help people waiting for a heart or lung transplant. How long someone needs ECMO varies a lot, from hours or days to even weeks, depending on how they're doing. And, just so you know, how ECMO is used can be different for adults and kids, depending on what's going on.
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market Overview
We're seeing more and more older folks these days, and sadly, with age often comes coronary heart disease. This is a big reason why more hospitals are turning to ECMO machines, and why the whole ECMO service market is booming. Heart disease is a major killer in the US, especially as people get older. Speaking of which, we're all living longer! That's great, but it also means more people are past their childbearing years. And, let's face it, our immune systems aren't what they used to be as we age. Now, when doctors are doing heart surgery, they're relying on things like oxygenators, hollow pumps, and heparin-coated cannulas. What's really cool is that ECMO machines are getting smaller and easier to move around, which means they can be used in emergencies more easily.
The cool thing is, these ECMO machines are now so light, one person can actually carry them! This means they can be rushed to remote areas in an ambulance or even a helicopter when emergencies strike. This opens up tons of opportunities and will really boost the ECMO services market. But, it's not all sunshine and roses. ECMO comes with complications, and bleeding is a big one. It's usually caused by Heparin, that blood-thinning drug they use. In fact, a 2013 study published by NCBI found that about 23% of ECMO patients had serious bleeding issues. Finding the right balance between preventing bleeding and preventing blood clots (thrombosis) is tricky because everyone's different. Things like their illness, the type of extracorporeal support, and their body's inflammatory responses all play a role.
United States Extracorporeal Membrane Oxygenation (ECMO) Service MarketSegmentation Analysis
The United States Extracorporeal Membrane Oxygenation (ECMO) Service Market is segmented on the basis of Patient Type, Application, and Service Type.
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market, By Patient Type
• Adult• Pediatric
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When we look at patients, the market splits into two main groupsAdults and Kids. Now, adults? They made up the biggest chunk of the market back in 2020, and guess what? We're expecting them to keep growing the fastest, at a rate of 6.77% each year! One of the big reasons for this is hypertension, or high blood pressure. It's a major cause of cardiovascular diseases and strokes, which, sadly, are the leading causes of sickness and death worldwide. Back in 2013, get this, about a billion people globally were estimated to have hypertension - that's like 40% of the world! And in the US alone, it was around 35% of adults. It's a serious problem. Also, according to the WHO, chronic obstructive pulmonary disease (COPD) caused roughly 3 million deaths (5% of all deaths) in 2015. Things like tobacco smoking, especially in adults, and air pollution alongside asthma are big contributors to COPD's rise. And, sadly, we expect COPD to keep increasing as more people use tobacco.
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market, By Application
Okay, so when we look at how ECMO is used in the US, we can break it down by Application. The big categories are R????r?t?r?, ??rd???, and ??tr???r??r??l ??rd??pulm?n?r? R??u???t?t??n (???R). Right now, R????r?t?r? applications are the biggest piece of the pie, and they're expected to keep growing the fastest, around 5.84% each year. What's driving all this growth? Well, things like more people dealing with heart and lung problems, doctors using ECMO more often to help people get to lung transplants, and more ECMO centers popping up with better training – all of that's making a difference. Plus, the technology is getting better all the time. Heart issues are a major problem in the US, causing around 9.4 million deaths annually. High blood pressure is a big part of why we're seeing more heart problems and strokes, which are sadly some of the biggest killers in the country. ECMO steps in to help folks with severe heart and lung issues. Basically, the ECMO machine does the job of the heart and lungs, adding oxygen and getting rid of carbon dioxide when those organs aren't working right. It's used for adults, but also for newborns and kids who have problems with their heart or lungs because of birth defects, injuries, or serious infections.
United States Extracorporeal Membrane Oxygenation (ECMO) Service Market, by Service Type
• Patient Transport Services• Patient Monitoring• ECMO Staffing• Consultation• Other Services
When we talk about ECMO services in the US, we can break them down into a few areasPatient Transport, Patient Monitoring, ECMO Staffing, Consultation, and, well, other stuff. Right now, getting patients from one place to another makes up the biggest chunk of the market. And guess what? It's expected to keep growing, maybe even at a rate of 6.13% each year! Why? Because it's the best way to help folks in really critical situations. Think about itflying someone with severe lung problems or heart failure in an ambulance (plane or helicopter!) equipped with ECMO can literally save their life. ECMO is proving its worth with tough cases like trauma and after-surgery complications. These air ambulance companies are like mini-NICUs in the sky, zipping patients around the country and even the world. They've seen it all and are equipped to handle emergencies, with a crew of top-notch doctors, skilled medical assistants, and the latest ECMO gear. Ultimately, the goal of transporting a patient on ECMO is simpleget them from where they are to a hospital or clinic as quickly and safely as possible.
Key Players
Want to know what's happening in the "United States Extracorporeal Membrane Oxygenation (ECMO) Service Market?" Our study dives deep, giving you the inside scoop, especially on the big players like Specialty Care, Keystone Perfusion Services, P.C., Legacy Health, Emory Healthcare, John Hopkins Medicine, Comprehensive Care Services, and ICATT. We've even got a whole section dedicated to these key companies, with our analysts breaking down their financial statements, comparing their products, and doing a full SWOT analysis. Plus, we'll show you how they're stacking up against each other with key development strategies, market share data, and a clear market ranking.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Specialty Care, Keystone Perfusion Services, P.C., Legacy Health, Emory Healthcare, John Hopkins Medicine, Comprehensive Care Services, and ICATT.
SEGMENTS COVERED
Patient Type
Application
Service Type
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Sample Report for United States Extracorporeal Membrane Oxygenation (ECMO) Service Market Size By Patient Type (Adult and Pediatric), By Application (Rеѕріrаtоrу, Саrdіас, Ехtrасоrроrеаl Саrdіорulmоnаrу Rеѕuѕсіtаtіоn (ЕСРR)), By Service Type (Patient Monitoring, ECMO Staffing, Consultation) And Forecast