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Normothermic Machine Perfusion: A New Paradigm for Organ Preservation
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.
The demand for organ preservation solutions and transport devices has been on the rise due to the growing organ transplants across the globe and better transplant outcomes for end-stage diseases. The technological advancements in the organ preservation technique have enabled better transplant outcomes and spurred the demand for preservation solutions and transport devices for transplantation.
The Organ Preservation Market is segmented on the basis of preservation solution, technique, organ type and region. By preservation solution, the transplantable organ preservation & transport market comprises of University of Wisconsin (UW) solution, Custodiol HTK, Perfadex and Others (Euro-Collins & Celsior). In 2016, the University of Wisconsin solution segment is estimated to account for the largest share of the transplantable organ preservation & transport market and is expected to grow at the highest rate during the forecast period. 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.
By technique, organ preservation market comprises static cold storage, hypothermic machine perfusion and normothermic machine perfusion. In 2016, the static cold storage segment is estimated to account for the largest share of the transplantable organ preservation & transport market and hypothermic machine perfusion is expected to grow at the highest rate during the forecast period. The growth of this segment can be attributed to factors such as better long-term graft survival rates, decreased vasospasm, and ability to provide metabolic support.
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On the basis of organ type, the transplantable organ preservation & transport market is divided into kidneys, liver, lung, heart and others (Pancreas & Intestine). In 2016, the Kidneys segment is expected to account for the largest share of the market and grow at the highest rate. 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
The key factors expected to spur the growth of the organ preservation market are rising multi-organ failure cases in aging population, technological advancements, rising number of solid-organ procedures, and increasing government initiatives to promote organ donation. However, the high cost of organ transplantation is likely to restrain the growth of this market.
On the basis of region, organ preservation market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is expected to grow at the fastest rate during the forecast period due to the new regulatory framework in China, and increasing organ donations in Asia-Pacific.
The major players in organ preservation market include Organ 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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