"Designing Growth Strategies is in our DNA"

Extracorporeal Carbon Dioxide Removal (ECCO2R) Devices Market Size, Share and Global Trend By Product (Extracorporeal CO2 Machines, Disposables), Application (Chronic Pulmonary Obstructive Disease, Acute Respiratory Distress Syndrome, Bridge to Transplant), Access (Venovenous Access, Arteriovenous Access), End Users (Clinics, Ambulatory Surgery Centres, Hospitals) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100353 | Status : Ongoing

 

KEY MARKET INSIGHTS

According to The Intensive Care Society, extracorporeal CO2 removal device is used to expedite artificial respiration for patients suffering from acute respiratory failure. Constantly increasing prevalence of acute respiratory failure, respiratory distress syndrome, severe asthma and chronic obstructive pulmonary disease combined with the ability of extracorporeal CO2 removal device to provide robust respiratory support is propelling the adoption of these devices. In 2017, ALung Technologies closed series C funds of US$ 36 Mn with the aim to conduct US based pivotal trail for FDA approval of Hemolung Respiratory Assist System (RAS), which removes carbon dioxide from the lungs with the help of respiratory dialysis.


An aging population, the growing prevalence of acute respiratory distress and rising incidence of the chronic pulmonary obstructive disease are prominently expected to drive the growth of the global extracorporeal CO2 removal devices market by 2026. According to data published by the World Health Organization (WHO), in 2016, 251 million people were affected by chronic pulmonary obstructive disorder worldwide. Moreover, according to projections given by the World Health Organization (WHO), the prevalence of the chronic pulmonary obstructive disease is expected to grow due to higher smoking prevalence and aging population in the forecast period. Combined with this, clinical benefits offered by extracorporeal CO2 removal devices such as robust lung support, vitalizing blood flow, and efficient gas exchange are expected to offer higher potential for growth of the global extracorporeal CO2 removal devices market during the forecast period.

To gain extensive insights into the market, Request for Customization


Increased risks of side effects of applications of extracorporeal CO2 removal device such as thrombosis due to minimal blood flow through circuit and risk of hypoxemia are deterring the growth of the global extracorporeal CO2 removal devices market.

Key Players Covered:


Some of the major companies that are present in the global extracorporeal carbon dioxide removal (ECCO2R) devices market are ALung Technologies, Inc., Getinge AB., Medtronic, ESTOR S.P.A, XENIOS AG, MEDICA S.p.A. and other players.

SEGMENTATION






























 ATTRIBUTES


 DETAILS


By Product


·      Extracorporeal CO2 Machines

·      Disposables

·      Others


By Application


·      Chronic Pulmonary Obstructive Disease

·      Acute Respiratory Distress Syndrome

·      Bridge to Transplant

·      Others


By Access


·      Venovenous Access

·      Arteriovenous Access


By End User


·      Clinics

·      Ambulatory Surgery Centres

·      Hospitals

·      Others


By Geography


·      North America (USA and Canada)

·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

·      Latin America (Brazil, Mexico and Rest of Latin America)

·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)


                               

Among the products, disposables accounted for the largest proportion of the global extracorporeal carbon dioxide removal (ECCO2R) market in 2018, due to increasing adoption of ECCO2 devices, supported by higher replacement rate of disposables.

Key Insights



  • Epidemiology of Acute Respiratory Distress Syndrome - For Key Countries, 2018

  • Key Mergers and Acquisitions


Regional Analysis:


The global extracorporeal carbon dioxide removal (ECCO2R) devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global extracorporeal CO2 removal devices market owing to the rise in prevalence of acute asthma, exponentially increasing air pollution due to the rapid pace of industrialization and adoption of a sedentary lifestyle. Moreover, growth in certain conditions such as growth in smoking, an aging population, and adoption of sedentary lifestyle is expected to rise the prevalence of respiratory distress conditions, resulting into increased adoption of extracorporeal CO2 removal devices. The Asia Pacific and Middle East and Africa also hold huge potential for growth of the global extracorporeal CO2 removal devices owing to rising prevalence of respiratory distress conditions. Also, growing healthcare infrastructure and rise in per capita expenditure is projected to accelerate the growth of the global extracorporeal CO2 removal devices market in these particular regions

Key Industry Developments



  • In February 2013, Hemolung Respiratory Assist System (RAS) which was manufactured by ALung Technologies got CE approval and initially it was available for hospitals under ALung’s Hemolung Reference Centre Program.

  • In September 2017, Hemolung Respiratory Assist System (RAS) got IDE (Investigational Device Exemption) approval for conducting VENT-AVOID trials of the system.

  • In December 2018, ALung Technologies announced the significant progress in clinical trial programs regarding Hemolung Respiratory Assist System (RAS), a catheter that plays major role in extracorporeal Co2 removal process.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Healthcare Clients
abbvie
Ipsos
Ansell
3M
Jubilant
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X