Title: Organ Preservation Market forecast to witness phenomenal growth opportunities by 2024
1Organ Preservation Market Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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2Regional Analysis of Organ Preservation Market
- U.S. will witness significant growth over the
forecast period due increasing incidences of
organ failures including kidney, heart and liver
failure. - As per the National Kidney Foundation, in 2013,
around 26 million American have chronic kidney
diseases. - U.S. population shows positive attitude towards
body part donation and consider it as an
altruistic act which will further have positive
impact on organ preservation market. - Static cold storage is most widely used
technique. The reason behind this widespread use
can be attributed to the favorable transport
requirement and ideal organ quality.
3Application Analysis of Organ Preservation
Market
- UW solution, developed by University of Wisconsin
through the experiments designed to understand
organ damage, is the most widely used solution
for the body part preservation. - The solution is applicable in the preservation of
kidney, liver, pancreas and heart. However, the
potential disadvantages such as poor initial
perfusion of the graft and excessive cost
associated with the use of UW solution can hinder
the product share. - Kidney transplantation segment will show the
robust growth due to the high number of kidney
transplantation procedures. As per the National
Institute of Diabetes and Digestive and Kidney
Diseases, in 2013, around 47,000 Americans died
of kidney diseases.
4Competitive Market Share of Organ Preservation
Market
- Some of the industry players are Essential
Pharmaceuticals, Waters Medical System, Dr. Franz
Kohler Chemie, XVIVO Perfusion, Organ Recovery
Systems, Bristol-Myers Squibb and
BioLifeSolutions. - 21st Century Medicine. The companies are
adopting organic as well as inorganic growth
strategies including strategic alliance and new
product launch to garner higher market share. - For instance, in January 2016, a newly developed
PrimECC product from Xvivo Perfusion recieved CE
mark approval.
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