Global Organ Preservation Solutions Market Size, Share, Forecast Report, 2020-2027
The global Organ Preservation Solutions market garnered revenue around USD 192.6 Million in 2019 and projected to reach USD 507.1 Million in 2027, with at a compound annual growth rate (CAGR) 10.5% throughout the estimate period from 2020 to 2027.
Organ Preservation solutions are used for preserving organs before transplantation surgeries. This solutions maintains organ viability, rapidly cool down the organ and minimizes cellular injury. This solutions enables the organ for proper storage, transportation, and transplantation into the recipient.
Europe dominated the global organ preservation solutions market in 2019 and the trend is anticipated to continue during the forecast period. Rise in organ failure and growing need of organ transplantation in the region are expected to drive the market in Europe.
North America is the second major revenue generating region in organ preservation solution market. As per Organ Donation Statistics, 36,528 organ transplantation were performed in the year 2018 in the United States. Also, more than 113,000 people in the United States, are in the waiting list in the July 2019 for organ transplantation. Asia Pacific is likely to be a highly lucrative market for organ preservation solution expected to expand at a high CAGR during the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Organ Preservation Solutions market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Organ Preservation Solutions market growth.
The global Organ Preservation Solutions market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
- Franz Köhler Chemie GmbH
- Bristol-Myers Squibb
- XVIVO Perfusion AB
- Teva Pharmaceutical Industries Ltd
- BioLife Solutions, Inc.
- ToleroTech, Inc.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
- Global Organ Preservation Solutions Market , by Solution Type
- Custodiol HTK
- HBS Solution
- siRNA Transplant Solutions
- Global Organ Preservation Solutions Market , by Preservation Technique
- Hypothermic Perfusion Preservation
- Static Cold Storage
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- United States
- United Kingdom
- Rest of EU
- Asia Pacific
- Southeast Asia
- Rest of APAC
- Central & South America
- Rest of Central & South America
- Middle East and Africa
- Saudi Arabia
- Rest of MEA