Membrane Oxygenators Market size is expected to reach USD 141.5 million by 2028
Membrane Oxygenators Industry Overview The global membrane oxygenators market size was valued at USD 118.8 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 1.5% from 2021 to 2028. The increasing prevalence of respiratory and cardiovascular diseases, growing number of extracorporeal membrane oxygenator centers, rising adoption of membrane oxygenators as a bridge to lung transplantation are some of the major factors augmenting the market growth. In addition, training and conferences programs to increase awareness, technological advancements are anticipated to foster market growth. Membrane oxygenators were actively used in severe COVID-19 cases in the first two waves of the pandemic. The applications of membrane oxygenators are expanding rapidly. Membrane oxygenators are useful in providing required oxygen to a patient’s tissues. Some of the heart disorders in which membrane oxygenators are used are acute myocardial infar...