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Recent research: Middle East and Africa's organ preservation market to hit USD 17.2 million by 2021

Medical Market Research

Middle East And Africa Organ Preservation Market By Preservation Solution(UW/Custodiol HTK/Perfadex), Transportation Technique (Static Cold Storage/Hypothermic Machine Perfusion/Normothermic Machine Perfusion) & Organ Type(Kidneys/liver/lung) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

The Middle East and Africa Organ Preservation Market is worth USD 14.4 million in 2016 and estimated to grow at a CAGR of 3.6%, to reach USD 17.2 million by 2021. The Middle East and Africa Organ Preservation market is developing at a slower pace.

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Organ preservation solutions are utilized to safeguard organs before transplantation strategy as these organs in outside atmosphere are powerless furthermore ended up broken once taken out from the human body. Expanding interest for organ transplantation strategies over theglobe is relied upon to drive the development of Organ preservation solutions.

What’s more, maturing populace will likewise push the development of Organ preservation solutions market as the danger of organ disappointment in elderly individuals expands that enlarges the interest for organ transplants. In like manner, improvement of mechanically propelled answers for saving organs will advance complements the development of Organ preservation solutions market.

According to the report, the expanding innovative advancements are among the key variables fuelling the development of the market. For example, Lifeblood Medical, Inc's.

dispatch of Lifor, otherwise called blood surrogate, being by and by utilized for look into purposes, may adequately be utilized for the preservation of veterinary and human organs in the coming years. Furthermore, the rise in per capita medicinal services use in various countries comprehensively will likewise positively affect the market for organ preservation arrangements.

Moreover, the expanding maturing populace internationally will likewise increase the improvement of the market. Then again, the taking off cost of strategies and the inaccessibility of organ contributors are among the central factors that may obstruct the development of the market in the pending years.

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The Middle East and Africa market for Organ Preservation is segmented on the basis of Preservation Solution, Transportation Technique, Organ Type and region. Based on Preservation Solution, the market is segmented into UW,Custodiol HTK andPerfadex.

Based on Transportation Technique, the market is segmented into Static Cold Storage,Hypothermic Machine Perfusion, and Normothermic Machine Perfusion. Based on Organ Type, the market is segmented into Kidneys, liver and lung.

Preservation of kidney accounted for the biggest market share in 2016 owing to the increasing aging population coupled with increasing prevalence of kidney failures. According to National kidney foundation, more than 80% of all patients who receive treatment for kidney failure are in affluent countries with universal access to health care and large elderly populations.

Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.

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Essential Pharmaceuticals (U.S.), Dr. Franz Kohler Chemie GmbH (Germany), Organ Recovery Systems (U.S.), Xvivo Perfusion AB (Sweden), and Waters Medical Systems LLC (U.S.), among others.are the leaders in the Middle East and Africa Organ Preservation market.

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