Press release
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
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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