Market Forecast by Countries (United States, Canada), By Solution (University of Wisconsin (UW), Custodial HTK, Perfadex, Others), By Organ Type (Kidneys, Liver, Lung, Heart, Others), By Preservation Technology (Static Cold Storage, Hypothermic Machine Perfusion, Normothermic Machine Perfusion, Others) And Competitive Landscape
Product Code: ETC075192 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Organ Preservation Market is expected to witness growth in the coming years. holds a substantial share for organ preservation market globally. The major factors driving the growth of the market in this region are availability of better organ preservation facilities, rise in research & development activities, and availability of skilled professionals. Additionally, rising geriatric population who are more prone to chronic diseases, further augments growth of the market. Furthermore, increasing adoption of advanced medical technology and rising development by companies operating on organ preservation and growing awareness among people regarding organ transplants and government initiatives are further contributing to its market growth. However, high cost of organ donation, religious misconceptions affects organ donation in the region. Further, various studies have shown that there is mistrust among the citizens towards the medical professionals in North American region which restraints them from donating organs. Further, Covid-19 outbreak had a negative impact on organ preservation market in North American region. Donor Evaluation became a routine before transplant. Almost all the transplant centres in US suspended living donor transplant when cases surged back in previous year.
According to 6Wresearch, North America Organ Preservation Market is anticipated to register growth throughout the forecast period 2021-2027. The growth of the organ preservation market is due to the increasing incidence of multi-organ failure, the growing geriatric population, the rising number of organ transplants and organ donors, and increasing initiatives to encourage organ donations. Additionally, increasing number of government and non-government policies and initiatives further promote organ donation in the region. In addition, Advancement in health infrastructure, introduction of new technologies in organ preservation, enhancements in research and development are some key drivers leading to growth of the market. Countries like Canada and United States have stable performance in organ donation. Various initiatives been taken by the government, NGOs to promote organ donation in Canada. The United States is also doing great in organ donation. American government is playing important role to promote organ donation in the country. However, the high cost of organ transplantations and religious concerns in specific countries limit market growth to a certain extent. Additionally, lack of knowledge or misinformation about organ donation among the masses also inhibits the growth of organ preservation in the region. Some of the key players are XVIVO Perfusion, TransMedics, 21st Century Medicine, CryoLife, Inc., and Bridge to Life Ltd.
Based on types of preservation solution, the organ preservation market is segmented into, Perfadex Plus, Belzer UW, and Custodiol HTK. Perfadex solution is widely used for the preservation and perfusion of Lungs, making it the gold standard for lung storage. UW solution accounts for a substantial share in preservation solution market. All the above-mentioned solutions intended for the flushing and storage of kidneys, liver, and pancreas. Further, Based on Technique of preservation, the Organ Preservation Market is categorised into Hypothermic Machine Perfusion, Norm thermic Machine Perfusion, and Static Cold Storage. Static cold storage is most preferred and is the most common organ preservation technique because of its simplicity and lower cost. Various organ transplantation centres In US and Canada make use of static cold storage technique to preserve donated organs.
The organ preservation report thoroughly covers the market by organ preservation solution and organ preservation technique, and countries including Canada and United States. The Organ Preservation market outlook report provides an unbiased and detailed analysis of the on-going Organ Preservation market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Organ Preservation Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Organ Preservation Market Revenues & Volume, 2020 & 2027F |
3.3 North America Organ Preservation Market - Industry Life Cycle |
3.4 North America Organ Preservation Market - Porter's Five Forces |
3.5 North America Organ Preservation Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Organ Preservation Market Revenues & Volume Share, By Solution, 2020 & 2027F |
3.7 North America Organ Preservation Market Revenues & Volume Share, By Organ Type, 2020 & 2027F |
3.8 North America Organ Preservation Market Revenues & Volume Share, By Preservation Technology, 2020 & 2027F |
4 North America Organ Preservation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Organ Preservation Market Trends |
6 North America Organ Preservation Market, 2017 - 2027 |
6.1 North America Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
6.2 North America Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
6.3 North America Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
7 United States Organ Preservation Market, 2017 - 2027 |
7.1 United States Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
7.2 United States Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
7.3 United States Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
8 Canada Organ Preservation Market, 2017 - 2027 |
8.1 Canada Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
8.2 Canada Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
8.3 Canada Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
9 North America Organ Preservation Market Key Performance Indicators |
10 North America Organ Preservation Market - Opportunity Assessment |
10.1 North America Organ Preservation Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Organ Preservation Market Opportunity Assessment, By Solution, 2020 & 2027F |
10.3 North America Organ Preservation Market Opportunity Assessment, By Organ Type, 2020 & 2027F |
10.4 North America Organ Preservation Market Opportunity Assessment, By Preservation Technology, 2020 & 2027F |
11 North America Organ Preservation Market - Competitive Landscape |
11.1 North America Organ Preservation Market Revenue Share, By Companies, 2020 |
11.2 North America Organ Preservation Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |