North America is expected to account for largest share of global organ preservation market, followed by Europe, Asia-Pacific, & Rest of the World (RoW). Its large share can be attributed to growing cases of kidney failure, rising organ transplants, favorable reimbursements scenario within some provinces in Canada, and novel technological advancements by U.S. players.
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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%. Over years, organ preservation market, has witnessed various technological advancements.
These advancements have led to a growth in number of transplants across globe.
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Some of other factors driving growth of market are rising multi-organ failure cases in aging population, rising solid organ transplantation procedures, & increasing government initiatives to promote organ donation.
- Preservation Solutions and Devices Providers
- Life Sciences Companies
- Medical Device Manufacturers
- Market Research and Consulting Firms
- Healthcare Service Providers
- Medical Research Institutes
- Regulatory Bodies
- Venture Capitalists
Major players in Organ Preservation Market include Organ Recovery Systems (U.S.), Xvivo Perfusion AB (Sweden), Essential Pharmaceuticals LLC (U.S.), Dr. Franz Kohler Chemie GmbH (Germany), and Waters Medical Systems LLC (U.S.), among others.
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Report segments organ preservation market based on preservation solution, technique & organ type. University of Wisconsin solution segment expected to account for largest share of organ preservation market, by preservation solution in 2016 & is expected to grow at highest CAGR.
This large share can be attributed to its prolific usage in storage of kidney, liver, & pancreas, better transplantation outcomes, less histological damage, and improved physiological function of organs.
2 Competitive Situation and Trends
3 Product Deployments
4 Approvals and Certifications
Global organ preservation market witnesses various product offerings offered by big and small firms. Client acquisitions, approvals, market expansions were key developments undertaken by companies to increase their market shares and to establish a strong foothold in the global market.
Connect for More Details for More Information “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) - Analysis & Forecasts to 2021” report @ www.rnrmarketresearch.com/contacts…ount?rname=643064 .
The key factors expected to spur growth of transplantable organ preservation & transport market are rising multi-organ failure cases in aging population, technological advancements, rising number of solid-organ procedures, and increasing government initiatives to promote organ donation. However, high cost of organ transplantation is likely to restrain growth of this market.
In 2016, Kidneys segment is expected to account for largest share of organ preservation market and grow at highest rate. Growth of this segment can be attributed to factors such as rising cases of kidney failure, improvements in graft survival, and long-term graft function.
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