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Global Organ Preservation Market worth $262.06 million and CAGR 8.2% by 2022

08-21-2017 02:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: zion market research

Organ Preservation Market

Organ Preservation Market

Zion Market Research has published a new report titled “Organ preservation Market By Technique (Static Cold Storage, Hypothermic Perfusion Preservation And Other Techniques), By Preservation Solution (Viaspan, Custodiol HTK, Renograf, Perfadex, Human Biosystem (HBS) Solution, Lifor and Others) For Kidney, Lung, Liver, Heart And Other Organs: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the global Organ Preservation Market accounted for USD 163.32 million in 2016 and is expected to reach USD 262.06 million by 2022, growing at a CAGR of around 8.2% between 2017 and 2022.

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Organ preservation is the supply line for organ transplantation. Organ preservation is utilized to maintain organs’ quality before transplantation as these organs are powerless in outside atmosphere and ended up broken once taken out from the human body. Organ preservation plays a key role in efforts to overcome the shortage of organ donors while addressing changing demographics of the donor pool by making organs viable for transplantation that was previously not utilized.

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The major drivers for organ preservation market include rising solid organ transplantation procedures. In addition, increasing geriatric population globally coupled with rising multi-organ breakdown cases is also expected to boost this market in coming five years. Furthermore, increasing government initiatives to promote organ donation will also fuel the growth in this market. However, the high cost of purchase and limited scope at the level of end users are expected to hamper the market growth in coming five years. In spite of these restrains, research and development in the organ preservation market are expected to be an opportunity for this market in the forecast period.

In technique segment of global preservation market, hypothermic perfusion preservation (HPP) is expected to witness a significant growth in coming five years because the static cold storage method is constrained by restrictive cold ischemia times that vary according to the type of organ (e.g. 24 hours for kidney, 12–15 hours for liver, a max of 8 hours for lung and

About Us: Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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