The global Organ Preservation market study of 127 pages expands Organ Preservation market size, share, trends, growth, demand, and industry forecast to 2021. Report explores Organ Preservation Market by Preservation Solution.
The organ preservation market is expected to reach USD 241.2 million in 2021 from USD 165.9 million in 2015 at a CAGR of 7.8%.
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The Organ Preservation market is broadly segmented into products and end users. By products, the Organ Preservation market is segmented into implantable cardioverter Organ Preservation (ICDs) and external Organ Preservation.
The external Organ Preservation segment is categorized into manual external Organ Preservation, automated external Organ Preservation (AEDs), and wearable cardioverter Organ Preservation (WCDs).
The AEDs segment is further divided into semi-automated external Organ Preservation and fully automated external Organ Preservation. The ICDs segment is ec.urpected to account for the largest share of the global Organ Preservation market in 2016.
However, automated external Organ Preservation segment is projected to grow at the highest CAGR during the forecast period due to a number of new product launches, increasing prevalence of cardiovascular diseases, rising government initiatives, and growing number of public access defibrillation programs.
On the basis of end users, the Organ Preservation market is divided into five major segments, namely, hospitals, clinics, & cardiac centers; prehospital; public access markets; alternate care markets; and home care. The hospitals, clinics, & cardiac centers segment is expected to account for the largest share of the Organ Preservation market in 2016.
However, the public access markets segment is expected to grow at the highest CAGR in the next five years due to increasing awareness on the use of Organ Preservation at public places, focus of key market players on this segment, and increasing support from public and private organizations.
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Geographically, the report covers four major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to command the largest share of the global Organ Preservation market in 2016, followed by Europe.
The Asia-Pacific Organ Preservation market is projected to witness the highest growth rate during the forecast period from 2016 to 2021 due to a number of factors, including improving healthcare infrastructure, favorable government initiatives, and growing focus of market players on the Asia-Pacific Organ Preservation market.
As of 2015, the global Organ Preservation market was dominated by Medtronic PLC (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co.
KG (Germany), Koninklijke Philips N.V. (Netherlands), and ZOLL Medical Corporation (U.S.), which together held a share of ~90% of the overall Organ Preservation market.
New product launches & product approvals; agreements, collaborations, contracts, & partnerships; geographic expansions; strategic acquisitions; and others (launch of defibrillation & training programs, deployment of public access Organ Preservation, and investments) are the major strategies adopted by most market players to achieve growth in the global Organ Preservation market.
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Scope of the Report
This report categorizes the global Organ Preservation market into the following segments:
- Global Organ Preservation Market, by Product
- Implantable Cardioverter Organ Preservation (ICDs)
- Transvenous Implantable Cardioverter Organ Preservation (T-ICDs)
- Single-chamber ICDs
- Dual-chamber ICDs
- Biventricular ICDs/Cardiac Resynchronization Therapy Organ Preservation (CRT-Ds)
- Subcutaneous Implantable Cardioverter Organ Preservation (S-ICDs)
- External Organ Preservation
- Manual External Organ Preservation
- Automated External Organ Preservation (AEDs)
- Semi-automated External Organ Preservation
- Fullyautomated External Organ Preservation
- Wearable Cardioverter Organ Preservation (WCDs)
- Global Organ Preservation Market, by End User
- Hospitals, Clinics, & Cardiac Centers
- Public Access Markets
- Alternate Care Markets
- Home Care
Global Organ Preservation Market, by Region
North America, U.S., Canada, Europe, Germany, U.K, France, Rest of Europe, Asia-Pacific, Japan, China, India, Rest of Asia-Pacific, Rest of the World, Latin America, Middle East, and Africa.