Extracorporeal Membrane Oxygenation Systems Market Analysis and Forecast by 2032

The global extracorporeal membrane oxygenation machine market was worth $531 million in 2021 and is expected to grow at a steady CAGR of 5% from 2022 to 2032, reaching a valuation of US$ 908 billion by the end of 2032. Recent advancements in extracorporeal membrane oxygenation systems market innovations, such as miniaturisation of ECMO components such as hollow pumps, which are used in various surgeries, aid in the transportation of critically ill patients, thereby increasing the size of the ECOM systems market. According to the ECOM systems market study, the increased use of ECMO has fueled technological advancements in extracorporeal membrane oxygenation machines, with oxygenators and heparin-coated cannulas being two major emerging trends in the ECOM systems market. Extracorporeal membrane oxygenation devices are used in life-threatening situations when other forms of supportive care have failed, according to the study. Furthermore, due to its wide range of applications, the ...