IMARC Group, a leading market research company, has recently releases report titled “Europe Organ Preservation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the europe organ preservation market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the europe organ preservation market?
|Market Size in 2022
|US$ 65.1 Million
|Market Forecast in 2028
|US$ 94.8 Million
|Growth rate (2023 to 2028)
|CAGR of 6.34%
|Base Year of the Analysis
What is organ preservation?
Organ preservation represents the process of maintaining the viability of harvested organs and the ability to restore normal organ function post-transplantation. The process involves the removal of an organ from the body of the donor, storing, and transporting it to transplant into the body of the receiver. The procedure of organ preservation includes numerous techniques, such as normothermic machine perfusion (NMP), hypothermic machine perfusion, static cold storage (SCS), etc. This maintains the temperature and oxygen levels of the organ while increasing the survival rate of the receiver.
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What are the growth prospects and trends in the europe organ preservation?
The growing prevalence of organ failures and the expanding healthcare sector are among the key factors stimulating the Europe organ preservation market. Moreover, the launch of improved reimbursement policies by government bodies and the widespread adoption of innovative medical technologies, which directly influence the morbidity and survival rates of a patient after transplantation, are acting as significant growth-inducing factors. Apart from this, these techniques aid in decreasing the probability of reperfusion injury during the process and exhibit improved results in cold storage for clinical and experimental studies, which is positively influencing the regional market.
Furthermore, the increasing consumer awareness towards the benefits of organ donation via campaigns and digital platforms is propelling the market growth. Besides this, the rising number of accomplished medical professionals and the reduced costs of organ transplantations are also bolstering the regional market. Additionally, extensive investments in R&D activities by key market players are anticipated to fuel the Europe organ preservation market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Preservation Solution:
- UW Solution
- Custodiol HTK
Breakup by Organ Donation Type:
- Living Organ Donation
- Deceased Organ Donation
Breakup by Technique:
- Static Cold Storage Technique
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
Breakup by Organ Type:
Breakup by End-User:
- Hospitals and Clinics
- Organ Banks
Breakup by Geography:
- United Kingdom
Who are the key players operating in the industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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