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Organ Preservation Market worth 241.2 Million USD by 2021

08-01-2016 11:47 AM CET | Health & Medicine

Press release from: MarketsandMarkets.com

The report "Organ Preservation Market by Preservation Solution(UW/Custodiol HTK/Perfadex), Transportation Technique (Static Cold Storage/Hypothermic Machine Perfusion/Normothermic Machine Perfusion) & by Organ Type(Kidneys/liver/lung) - Analysis & Forecasts to 2021", This report studies the global organ preservation market for the forecast period of 2016 to 2021. The market is expected to reach USD 241.2 Million by 2021 from USD 165.9 Million in 2016 at a CAGR of 7.8% during the forecast period.

Browse 70 market data Tables and 31 Figures spread through 127 Pages and in-depth TOC on "Organ Preservation Market"
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The global organ preservation market is segmented on the basis of preservation solutions, transportation techniques, organ type and region.

Based on preservation solutions, the market is segmented into university of wisconsin solution, custodiol HTK, perfadex and others (celsior & euro-collins). In 2016, the university of wisconsin solution segment is estimated to account for the major share of the organ preservation market. This large share can be attributed to its prolific usage in the storage of kidney, liver, and pancreas, better transplantation outcomes, less histological damage, and improved physiological function of organs.

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Based on transportation technique, the market is segmented into static cold storage, hypothermic machine perfusion and normothermic machine perfusion. In 2016, the static cold storage segment is estimated to account for the major share of the organ preservation market. The largest share of static cold storage can be attributed to the simplicity, low cost, and less requirement of equipment and trained personnel

Based on organ type, the market is segmented into kidneys, liver, lung, heart and others (pancreas & intestine). In 2016, the kidneys segment is estimated to account for the major share of the organ preservation market. The 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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On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2016, North America is expected to account for the largest share of the organ preservation market. 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. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period due to the new regulatory framework in China, and increasing organ donations in Asia-Pacific and serve as a revenue pocket for companies offering organ preservation solutions and transport systems

The major players in organ preservation market includeOrgan 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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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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