Extracorporeal Carbon Dioxide Removal (ECCO2R) Devices Market Outlook
According to the report by Expert Market Research (EMR), the global extracorporeal carbon dioxide removal (ECCO2R) devices market growth, is projected to grow at a CAGR of 6.9% between 2023 and 2028. Aided by the escalating need for efficient respiratory support devices and the expanding use of ECCO2R in various healthcare settings, the market is expected to grow significantly by 2028.
ECCO2R devices are an integral part of modern medical care, used to provide partial respiratory support by removing carbon dioxide from the blood in patients with acute respiratory failure. This minimally invasive procedure offers an alternative to traditional invasive mechanical ventilation methods, reducing complications such as ventilator-associated lung injury. In addition to their respiratory functions, ECCO2R devices can also be used for therapeutic hypothermia in cardiac arrest patients, further expanding their clinical applications.
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The rising prevalence of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory distress syndrome, is a major factor driving the global extracorporeal carbon dioxide removal (ECCO2R) devices market growth. With the growing understanding of the complications associated with prolonged mechanical ventilation, there has been a considerable shift towards less invasive ventilation support methods, leading to a surge in demand for ECCO2R devices.
Moreover, the expanding applications of ECCO2R devices in various healthcare settings are accelerating the extracorporeal carbon dioxide removal (ECCO2R) devices market development. In the intensive care units, ECCO2R devices are increasingly being used for managing hypercapnic patients who do not respond well to non-invasive ventilation. Similarly, in the operating rooms, ECCO2R devices are used to maintain normocapnia during minimally invasive procedures, providing stable respiratory support.
The advancement of ECCO2R technology is another key factor contributing to the extracorporeal carbon dioxide removal (ECCO2R) devices market expansion. Improvements in device design, such as miniaturisation and the development of biocompatible materials, have increased the efficiency and safety of ECCO2R devices. These advancements have not only improved patient outcomes but have also broadened the clinical applications of ECCO2R devices, further driving their demand.
The growth of the ECCO2R devices market is also supported by the increasing research activities in the field. Several clinical trials are underway to explore new applications of ECCO2R devices, such as their use in the management of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) infection, which could potentially open up new avenues for the extracorporeal carbon dioxide removal (ECCO2R) devices market.
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Extracorporeal Carbon Dioxide Removal (ECCO2R) Devices Market Segmentation
The market can be divided based on product, access, end use, application, and region.
Market Breakup by Product
- Extracorporeal CO2 Machines
Market Breakup by Access
Market Breakup by End Use
- Ambulatory Surgical Centres
Market Breakup by Application
- Chronic Obstructive Pulmonary Disease (COPD)
- Bridge to Lung Transplant
- Acute Respiratory Distress Syndrome (ARDS)
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global extracorporeal carbon dioxide removal (ECCO2R) devices companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Baxter International, Inc.
- Aferetica s.r.l.
- Getinge AB
- XENIOS AG
- Estor SpA
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