oxygenators-market

The global oxygenators market is anticipated to register a CAGR of 5.47% by 2028, generating a revenue of $336.1 million. The base year considered for the market study is 2020 and the forecast years are from 2021 to 2028. Oxygenators are medical devices used during surgical procedures. They have the ability to exchange oxygen and carbon dioxide while the patient undergoes a surgical procedure.

GLOBAL OXYGENATORS MARKET FORECAST 2021-2028

Global Oxygenators Market by Product Type (Membrane Oxygenators, Bubble Oxygenators) Market by Application (Respiratory, Cardiac, Extracorporeal Cardiopulmonary Resuscitation (ECPR)) by Geography.

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Report Summary

The global oxygenators market is anticipated to register a CAGR of 5.47% by 2028, generating a revenue of $336.1 million. The base year considered for the market study is 2020 and the forecast years are from 2021 to 2028. Oxygenators are medical devices used during surgical procedures. They have the ability to exchange oxygen and carbon dioxide while the patient undergoes a surgical procedure. oxygenators-market

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Key factors propelling the global oxygenators market growth:

  • Prevalence of aging population
    • The older population is often susceptible to chronic obstructive pulmonary disease (COPD) and various cardiovascular disorders.
    • This aspect indicates the rising demand for oxygenators required for disease treatment and management.
  • Incidence of various cardiopulmonary diseases
  • Advancements in technology
  • Growing healthcare expenditure

Major growth restraining factors:

  • Risk of morbidity and severe complications
  • Stringent regulations
    • Oxygenators fall under the class II category in the United States Food and Drug Administration (FDA) regulatory framework.
    • Gaining the United States FDA approval for oxygenators is a very time-consuming and complicated process. Hence, this factor is likely to hinder market growth.
  • Presence of alternative to oxygenators

The report scope of the global oxygenators market includes the segmentation analysis of product type and application. The application segment is further classified to provide a detailed assessment of the studied market.

Market by Application:

  • Respiratory
    • The respiratory segment under the application category is set to grow with the highest CAGR.
    • The major factor responsible for the growth of the oxygenators market is the increasing burden of respiratory diseases across the world.
    • The SARS-CoV-2, a coronavirus, causes COVID-19. It primarily affects the lungs and causes difficulty in breathing, thereby increasing the demand for oxygenators during the forecast period.
  • Extracorporeal Cardiopulmonary Resuscitation (ECPR)
  • Cardiac

Geographically, the global oxygenators market has been segmented based on four major regions, which includes:

  • North America: The United States and Canada
    • North America dominated the global market in 2020.
    • The availability of well-developed primary, secondary, tertiary care hospitals supports the market growth in the North American region.
    • Moreover, the rising burden of cardiopulmonary and respiratory diseases, as well as the increasing technological advancements, are expected to drive the region’s oxygenators market growth.
  • Asia-Pacific: India, Australia & New Zealand, China, South Korea, Japan, Thailand, Indonesia, Vietnam, and Rest of Asia-Pacific
    • The Asia-Pacific is set to be the fastest-growing region during the forecast period.
    • A huge population base with low per capita income in the Asia-Pacific leads to an increased demand for affordable treatment options.
    • China is a major country for the oxygenators market, owing to the high burden of cardiopulmonary diseases, which plays a vital role in boosting the demand for oxygenators across the region.
  • Europe: Germany, Belgium, France, the United Kingdom, Italy, Russia, Poland, and Rest of Europe
  • Rest of World: Latin America, the Middle East & Africa

Key market players in the global oxygenators market:

  • Medtronic PLC
  • Nipro Corporation
  • Getinge AB
  • Microport Scientific Corporation
  • Terumo Medical Corporation

Key strategies adopted by some of these companies:

In May 2021, Medtronic launched a new pediatric monitor that alerts clinicians about potential airway obstructions during ventilation.

Key findings of the global oxygenators market:

  • The presence of favorable reimbursement policies offers lucrative opportunities for market growth.
  • The prevailing burden of chronic disorders plays an important role in driving market growth.
  • Membrane oxygenator is the fastest-growing and dominating product type.

 

Frequently Asked Questions & Answers (FAQs):

  • How do technological advancements create an increased demand for oxygenators?

A: Improvement of oxygenators provides practitioners with the ability to progress their perfusion technique. Moreover, future pediatric membrane oxygenators may also provide a sleeker design, smaller surface area, and reduced prime volume. A breakthrough in pediatric membrane oxygenator technology was observed with the introduction of integrated arterial line filtration (IALF). Thus, the abovementioned advancements in technologies are set to create an extensive demand for oxygenators during the forecast period.

  • Why are membrane oxygenators mostly preferred in clinical settings?

A: Membrane oxygenators have become the preferred clinical choice over the years since the devices have an equal capacity for oxygenating venous blood compared to other types of oxygenators.

Table of Contents

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • KEY DRIVERS
      • PREVALENCE OF AGING POPULATION
      • INCIDENCE OF VARIOUS CARDIOPULMONARY DISEASES
      • ADVANCEMENTS IN TECHNOLOGY
      • GROWING HEALTHCARE EXPENDITURE
    • KEY RESTRAINTS
      • RISK OF MORBIDITY AND SEVERE COMPLICATIONS
      • STRINGENT REGULATIONS
      • PRESENCE OF ALTERNATIVE TO OXYGENATORS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON OXYGENATORS MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRY
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY PRODUCT TYPE
    • MEMBRANE OXYGENATORS
    • BUBBLE OXYGENATORS
  3. MARKET BY APPLICATION
    • RESPIRATORY
    • CARDIAC
    • EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR)
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • GERMANY
        • FRANCE
        • UNITED KINGDOM
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • AUSTRALIA & NEW ZEALAND
        • SOUTH KOREA
        • THAILAND
        • INDONESIA
        • VIETNAM
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS & AGREEMENTS
      • BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
    • COMPANY PROFILES
      • BRAILE BIOMEDICA
      • CHALICE MEDICAL LTD
      • EUROSETS
      • GEN WORLD MEDICAL DEVICES
      • GETINGE AB
      • LIVANOVA PLC
      • MC3 CARDIOPULMONARY
      • MEDTRONIC PLC
      • MICROPORT SCIENTIFIC CORPORATION
      • NIPRO CORPORATION
      • ORIGEN BIOMEDICAL INC
      • OWGELS GROUP
      • SENKO MEDICAL INSTRUMENT MFG CO LTD (MERA)
      • TERUMO MEDICAL CORPORATION
      • XENIOS AG (FRESENIUS MEDICAL COMPANY)

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – OXYGENATORS

TABLE 2: NUMBER OF PERSONS AGED 65 YEARS OR OVER, BY GEOGRAPHIC REGION, 2019 AND 2050

TABLE 3: GLOBAL OXYGENATORS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 4: GLOBAL OXYGENATORS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 5: GLOBAL MEMBRANE OXYGENATORS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 6: GLOBAL MEMBRANE OXYGENATORS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 7: GLOBAL BUBBLE OXYGENATORS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 8: GLOBAL BUBBLE OXYGENATORS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 9: GLOBAL OXYGENATORS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 10: GLOBAL OXYGENATORS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 11: GLOBAL RESPIRATORY MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 12: GLOBAL RESPIRATORY MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 13: GLOBAL CARDIAC MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 14: GLOBAL CARDIAC MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 15: GLOBAL EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR) MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 16: GLOBAL EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR) MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 17: GLOBAL OXYGENATORS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 18: GLOBAL OXYGENATORS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 19: NORTH AMERICA OXYGENATORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 20: NORTH AMERICA OXYGENATORS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 21: LEADING PLAYERS OPERATING IN NORTH AMERICA OXYGENATORS MARKET

TABLE 22: EUROPE OXYGENATORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 23: EUROPE OXYGENATORS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 24: LEADING PLAYERS OPERATING IN EUROPE OXYGENATORS MARKET

TABLE 25: ASIA-PACIFIC OXYGENATORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 26: ASIA-PACIFIC OXYGENATORS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 27: LEADING PLAYERS OPERATING IN ASIA-PACIFIC OXYGENATORS MARKET

TABLE 28: REST OF WORLD OXYGENATORS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 29: REST OF WORLD OXYGENATORS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 30: LEADING PLAYERS OPERATING IN REST OF WORLD OXYGENATORS MARKET

TABLE 31: LIST OF MERGERS & ACQUISITIONS

TABLE 32: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 33: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 34: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: NUMBER OF TOBACCO SMOKERS, BY REGION, 2015-2025 (IN MILLION)

FIGURE 2: KEY MARKET TRENDS

FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: GLOBAL OXYGENATORS MARKET, BY PRODUCT TYPE, IN 2020

FIGURE 7: GLOBAL OXYGENATORS MARKET, BY MEMBRANE OXYGENATORS, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL OXYGENATORS MARKET, BY BUBBLE OXYGENATORS, 2021-2028 (IN $ MILLION)

FIGURE 9: GLOBAL OXYGENATORS MARKET, BY APPLICATION, IN 2020

FIGURE 10: GLOBAL OXYGENATORS MARKET, BY RESPIRATORY, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL OXYGENATORS MARKET, BY CARDIAC, 2021-2028 (IN $ MILLION)

FIGURE 12: GLOBAL OXYGENATORS MARKET, BY EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR), 2021-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA OXYGENATORS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

FIGURE 14: UNITED STATES OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 15: PREVALENCE OF CHRONIC DISEASES IN THE UNITED STATES

FIGURE 16: CANADA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 17: EUROPE OXYGENATORS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

FIGURE 18: GERMANY OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 19: FRANCE OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 20: UNITED KINGDOM OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: ITALY OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: RUSSIA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: BELGIUM OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: POLAND OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: REST OF EUROPE OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: ASIA-PACIFIC OXYGENATORS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

FIGURE 27: CHINA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 28: JAPAN OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: INDIA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: AUSTRALIA & NEW ZEALAND OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: SOUTH KOREA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: THAILAND OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: INDONESIA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: VIETNAM OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: REST OF ASIA-PACIFIC OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 36: REST OF WORLD OXYGENATORS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 37: LATIN AMERICA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

FIGURE 38: MIDDLE EAST & AFRICA OXYGENATORS MARKET, 2021-2028 (IN $ MILLION)

Segmentation

  1. MARKET BY TYPE
    • ACTIVE DOSIMETERS
    • PASSIVE DOSIMETERS
  2. MARKET BY END-USER
    • NUCLEAR INDUSTRY
    • MEDICAL INDUSTRY
    • RESEARCH INSTITUTIONS
    • SAFETY & SECURITY INDUSTRY
    • HEALTH PHYSICS INDUSTRY
    • MINING
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

 

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