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Organic Pet Food Market is Projected to Grow up to USD 2.8 Billion by 2032, Driven by Technological Advancements | TransMedics, XVIVO, OrganOx Limited, Organ Recovery Systems

07-27-2023 02:40 PM CET | Health & Medicine

Press release from: Global Insight Services

Organic Pet Food Market is Projected to Grow up to USD 2.8 Billion

The global Organ Care Products Market was valued at USD 1.4 Billion in 2022 and it is anticipated to grow up to USD 2.8 Billion by 2032, at a CAGR of 7.2% during the forecast period.

Organ care products are medical devices developed for storing donor organs for a longer period while providing the necessary nutrients to the organ. This device is used to store organs for a specified period. Organs must be kept in optimal conditions and can be entirely managed before an organ transplant. This technology aids in monitoring organs such as kidney, liver, heart, and lungs to ensure optimum conditions. Organ care products contain one or more pump units, thermo units, and trolleys. Furthermore, organ care products can be customized for different types of organs.

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Market Trends and Drivers

Technological advancements in the organ care products market will further create significant growth opportunities. Product developments have improved the quality of organ care, thereby increasing procedural success rate. New technologies providing advanced features and enabling easy functioning will boost the product acceptance rate. Furthermore, benefits associated with organ care systems such as organ preservation at optimal condition, easy transportation and convenience in workflow will propel the industry growth. However, high cost of transplantation procedures restricts the preference in low and middle-income groups.

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Global Organ Care Products Market Segmentation

By Type
• Trolly-based
• Portable

By Organ Type
• Kidney
• Liver
• Heart
• Lungs
• Others

By End-user
• Hospitals
• Ambulatory Surgical Centers
• Others

By Region

• North America
o The U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Spain
o Rest of Europe

• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific

• Rest of World
o Latin America
o Middle East
o Africa

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Major Players

The Organ Care Products Marketis moderately competitive and consists of numerous prominent players. In terms of market share, few of these significant players with substantial market share currently dominate the market and are focusing on increasing their customer base across overseas locations. The companies are also leveraging strategic collaborative initiatives to capture more market share and improve their profitability.
The key players in the Organ Care Products Market are Bridge to life Ltd., TransMedics, Inc., XVIVO, OrganOx Limited, Organ Recovery Systems, Paragonix Technologies, Inc., INSTITUT GEORGES LOPEZ, Preservation Solution Inc., Organ assist BV, and Water Medical System, among others.

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In-depth segmentation which can be customized as per your requirements
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Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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