openPR Logo
Press release

Organ Preservation Solutions Market: Growing Awareness of Organ Transplants through Mobile Applications to Benefit Demand for Organ Preservation Solutions

01-11-2017 05:35 AM CET | Health & Medicine

Press release from: TMR - Research Reports

Organ Preservation Solutions Market: Growing Awareness

The mounting cases of organ failures indicate that the world is on the brink of global emergency for the demand for organ transplants. Increasing organ transplant procedures call for organ preservation that aids in maintaining organs’ viability through the duration of donation and transplant, thereby propelling the growth of the global organ preservation solutions market.

As per a research report by Transparency Market Research (TMR), the global organ preservation solutions market is poised to reach a value of US$0.20 billion by 2019, expanding at a CAGR of 16.50% from 2013 to 2019. TMR analysts estimate that the market is likely to flourish due to the rising global geriatric population. According to the U.S. Department of Health and Human Service, in 2014, 61.6% of the total people who received transplants were above the age of 50.

Research Report: http://www.transparencymarketresearch.com/organ-preservation-solutions.html

Why is technological advancement a vital factor in the growth of the global organ preservation solutions market?

The growth of the global organ preservation solutions market is positively influenced by the growing awareness regarding organ transplants through mobile applications and social media. For instance, in July 2016, Tinder, in partnership with Organize, has announced an organ donor registration drive slated to be effective from September 2016. Organize, which is a nonprofit group, is also partnering with Facebook to launch social media campaigns to bolster registrations for organ donations. Other than this, there are apps that make the registration for organ donation easier. All these are technological milestones in the development of the organ transplant sector.

Another factor driving the growth of the market is the rising per capita healthcare expenditure that increases the affordability of organ transplant procedures. The greater adoption of organ transplant surgeries will lead to higher uptake of organ preservation solutions.

What are the challenges faced by the vendors in the global organ preservation solutions market?

The high cost of organ transplantation procedures tends to decrease the number of enrollments for these procedures. This trend has negatively affected the players in the global organ preservation solutions market. Moreover, a shortage of organ donors has posed a threat to the growth of the global organ preservation solutions market. According to the National Kidney Foundation, there are currently 121,678 patients in the U.S. waiting for lifesaving organ transplants. This has shifted the preferences of surgeons towards artificial organs.

Download exclusive Sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1786

Why is the demand for organ preservation solutions higher in developed countries?

The awareness regarding organ transplant is on a rise in developed countries. Moreover, the rate of increase in geriatric population is higher in developed regions than in developing regions. These factors have made developed countries more lucrative markets for organ transplant solutions. Geographically, Europe is the leading regional market for the organ preservation solutions. Countries such as Spain have a policy where a person will be considered organ donor after death if he has not opted for denial of organ donation while alive. This will boost the number of organ donors in the region, thereby fuelling the growth of the regional organ preservation solutions market.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Organ Preservation Solutions Market: Growing Awareness of Organ Transplants through Mobile Applications to Benefit Demand for Organ Preservation Solutions here

News-ID: 409747 • Views:

More Releases from TMR - Research Reports

Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to

All 5 Releases


More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when