PUBLISHER: Value Market Research | PRODUCT CODE: 1547473
PUBLISHER: Value Market Research | PRODUCT CODE: 1547473
The global demand for Organ Care Products Market is presumed to reach the market size of nearly USD 680.07 Million by 2032 from USD 174.85 Million in 2023 with a CAGR of 16.29% under the study period 2024-2032.
Organ care products are special equipments designed for preserving the organs, outside the body, for an extended period of time or till they are transplanted. It helps in increasing the timeframe of preservation. Such products typically consist of pump units, thermos units, trolleys or work benches along with tools for preserving, preconditioning and reconditioning. It is advantageous for both doctors and patients, as it protects and preserves donor organs at proper temperature and also allows supervision of organs before transplantation. The method of conservation conforms to conventional method of organ preservation, such as freezing or storing the organs in an environment which is same as the human body.
Adoption of unhealthy lifestyle, rapidly growing cases of chronic cardiovascular disease, increasing occurrence of organ failure, particularly kidney failure, are some of the key factors driving organ care products market. Furthermore, technological advancements in the field of organ transplantation and preservation, increasing incidence of obesity and increasing environmental pollution will also boost organ care product market. However, factors such as high expenditure associated with organ transplant, insufficient knowledge regarding organ donation, scarcity of human donors, stringent laws related to organ donation and transplantation, length of time required for approval of new organ care products and the ongoing Covid-19 crisis will hamper the growth of organ care product market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Organ Care Products. The growth and trends of Organ Care Products industry provide a holistic approach to this study.
This section of the Organ Care Products market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Organ Care Products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Organ Care Products market include TransMedics Inc., Bridge To Life Ltd., XVIVO, OrganOx Limited, Organ Recovery System, Preservation Solution Inc., Paragonix Technologies And IGL. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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