| Product Code: ETC10619837 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Between 2020-2024, the Armenia membrane oxygenators market witnessed a negative Compound Annual Growth Rate (CAGR) of -24.24%. However, in 2023-2024, there was a significant year-on-year growth rate of 30.97%, indicating a notable increase in imports during that period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Membrane Oxygenators Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Membrane Oxygenators Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Membrane Oxygenators Market - Industry Life Cycle |
3.4 Armenia Membrane Oxygenators Market - Porter's Five Forces |
3.5 Armenia Membrane Oxygenators Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Armenia Membrane Oxygenators Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Armenia Membrane Oxygenators Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Armenia Membrane Oxygenators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in Armenia |
4.2.2 Growing adoption of membrane oxygenators in cardiac surgeries |
4.2.3 Technological advancements in membrane oxygenator designs and materials |
4.3 Market Restraints |
4.3.1 High cost associated with membrane oxygenator devices |
4.3.2 Limited awareness and accessibility of advanced healthcare facilities in some regions of Armenia |
5 Armenia Membrane Oxygenators Market Trends |
6 Armenia Membrane Oxygenators Market, By Types |
6.1 Armenia Membrane Oxygenators Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Membrane Oxygenators Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Armenia Membrane Oxygenators Market Revenues & Volume, By Hollow Fiber, 2022 - 2032F |
6.1.4 Armenia Membrane Oxygenators Market Revenues & Volume, By Flat Sheet, 2022 - 2032F |
6.2 Armenia Membrane Oxygenators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Membrane Oxygenators Market Revenues & Volume, By Respiratory Support, 2022 - 2032F |
6.2.3 Armenia Membrane Oxygenators Market Revenues & Volume, By Extracorporeal Membrane Oxygenation (ECMO), 2022 - 2032F |
6.2.4 Armenia Membrane Oxygenators Market Revenues & Volume, By Cardiac Surgery, 2022 - 2032F |
6.3 Armenia Membrane Oxygenators Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Membrane Oxygenators Market Revenues & Volume, By Hospitals, 2022 - 2032F |
6.3.3 Armenia Membrane Oxygenators Market Revenues & Volume, By Clinics, 2022 - 2032F |
6.3.4 Armenia Membrane Oxygenators Market Revenues & Volume, By Ambulatory Surgical Centers, 2022 - 2032F |
7 Armenia Membrane Oxygenators Market Import-Export Trade Statistics |
7.1 Armenia Membrane Oxygenators Market Export to Major Countries |
7.2 Armenia Membrane Oxygenators Market Imports from Major Countries |
8 Armenia Membrane Oxygenators Market Key Performance Indicators |
8.1 Average utilization rate of membrane oxygenators in cardiac procedures |
8.2 Number of hospitals equipped with advanced membrane oxygenator technology |
8.3 Rate of successful outcomes in cardiac surgeries utilizing membrane oxygenators |
9 Armenia Membrane Oxygenators Market - Opportunity Assessment |
9.1 Armenia Membrane Oxygenators Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Armenia Membrane Oxygenators Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Armenia Membrane Oxygenators Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Armenia Membrane Oxygenators Market - Competitive Landscape |
10.1 Armenia Membrane Oxygenators Market Revenue Share, By Companies, 2025 |
10.2 Armenia Membrane Oxygenators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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