New York, US, April 28, 2022 (GLOBE NEWSWIRE) — Organ Preservation Market Overview:
According to a Comprehensive Research Report by Market Research Future (MRFR), “Organ Preservation Market Information by Solution, Preservation Techniques, Organ Type, End User, Region – Forecast till 2027“, the market is touted to surpass USD 304.68 million by 2027, assesses Market Research Future (MRFR). MRFR further reveals that the worldwide market size will be expanding at a rate of 6.48% from 2021 to 2027.
Market Scope:
Organ preservation is organ transplantation’s supply line. At present, liver, kidney and pancreas can be preserved for at least two days by rinsing these using the University of Wisconsin (UW) organ preservation solution or by storing these at hypothermia/0-5 degrees C.
The UW solution is highly effective since it uses numerous cell impermeant agents like lactobionic acid, hydroxyethyl starch and raffinose, which bring down inflammation of the cells during cold ischemic storage. Mounting number of organ transplant procedures will ensure smooth progress of the organ preservation market between 2021 and 2027.
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Market Competitive Analysis:
The prominent firms in the organ preservation market include:
- TransMedics Group, Inc (US)
- Bristol Myers Squibb (US)
- Artivion, Inc (US)
- Xvivo Perfusion AB (US)
- Accord Healthcare Limited (UK)
- Franz Köhler Chemie GmbH (Germany)
- 21st Century Medicine (US)
- BioLife Solutions, Inc (US)
- Shanghai Genext Medical Technology Co., Ltd (China)
- Paragonix Technologies Inc (US)
- Waters Medical Systems (US)
Market USP Covered
Market Drivers
The surging number of organ transplantation procedures worldwide along with the heightened instances of multiple organ failure are propelling the growth of the organ preservation market. A report posted by the Health Resources & Services Administration reveals that in 2020, close to 40,650 organ transplantation surgeries were conducted…
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