According to the latest report by IMARC Group, titled “Europe Organ Preservation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Europe Organ Preservation Market is expected to continue its moderate growth during the forecast period (2021-2026).
Organ preservation is the process by which the viability of harvested organs is maintained to ensure that the organ functions normally after transplantation. This procedure involves removing an organ from the donor’s body, followed by its storage and transportation, to finally its transplantation into the receiver’s body. The process of organ preservation utilizes various techniques, such as hypothermic machine perfusion, normothermic machine perfusion (NMP), static cold storage (SCS), etc. These techniques help in maintaining the temperature and oxygen levels of the organ while increasing the receiver’s chances of survival.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Europe Organ Preservation Market Trends:
The rising geriatric population and increasing rate of organ failures are primarily driving the market for organ preservation in Europe. Moreover, the growing cases of organ damage due to road accidents requiring immediate attention are further propelling the demand for donated organs in the region. Besides this, the rising number of individuals volunteering to donate organs for research and transplant purposes is also positively influencing the market growth. Furthermore, the implementation of several reimbursement policies and the growing adoption of innovative healthcare technologies are acting as other growth-inducing factors. In the coming years, the increasing number of medical experts and the lowering cost of organ transplantation procedures are expected to further strengthen the market for organ preservation in Europe.
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Europe Organ Preservation Market 2021-2026 Analysis and Segmentation:
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 Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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