Industry Outlook and Trend Analysis
The Organ Preservation Market was worth USD 148.23 billion in the year of 2014 and is expected to reach approximately USD 285.63 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.56% during the forecast period. The development of the general preservation market can be credited to advancements in technology, rising multi-organ failure cases in aging population, expanding government activities to advance organ donation and rising number of strong organ transplant methods. In the coming years, the organ preservation market is anticipated to witness the most significant development rate in the Asia-Pacific locale. North America is foreseen to represent the biggest offer of the worldwide organ preservation market. However, high cost of transplantation is probably going to limit the development of the market amid the estimate time frame.
Preservation solution Outlook and Trend Analysis
By preservation solution, the transplantable organ safeguarding and transport advertise involves Perfadex , University of Wisconsin (UW) solution, Custodiol HTK and Others (Euro-Collins and Celsior). The University of Wisconsin solution section is evaluated to represent the biggest share of the transplantable organ preservation & transport market in 2016 and is foreseen to develop at the most elevated rate amid the estimate time frame.
Technique Outlook and Trend Analysis
On the basis of technique, the static cool storage portion is foreseen to represent the biggest share of the organ conservation market in 2016 and hypothermic machine perfusion is anticipated to develop at most astounding CAGR. The development of hypothermic machine perfusion can be credited to components, for example, decreased vasospasm, ability to provide metabolic support, and better long-term graft survival rates.
Organ type Outlook and Trend Analysis
On the basis of organ type, Kidney is foreseen to represent the biggest share of the organ safeguarding market in 2016 and is foreseen to develop at a significant CAGR. The development of this portion can be ascribed to elements, for example, improvements in graft survival, rising cases of kidney failure, and long-term graft function.
Regional outlook and Trend Analysis
Geographically, the market is segmented into North America, Asia Pacific, Europe and Rest of the world. Asia-Pacific is foreseen to develop at the most elevated rate amid the forecast period because of the new regulatory system in China, and rising organ donations in Asia-Pacific. North America is anticipated to represent the largest share of the global organ preservation market.
The market is extensively competitive with the presence of some leading organizations. Xvivo Perfusion, Organ Recovery Systems, Essential Pharmaceuticals LLC, Waters Medical Systems LLC and Dr. Franz Köhler Chemie GmbH are some of the leading companies of the Organ Preservation Market.
The Organ Preservation Market is segmented as follows-
Hypothermic Machine Perfusion
Normothermic Machine Perfusion
Static Cold Storage
By Organ Type:
By preservation Solution:
University of Wisconsin (UW)
Other Preservation Solutions
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?