Organ Care Products Market Size

Organ Care Products Market Size

Organ Care Products Market size valued at over USD 106 million in 2021 and is estimated to grow at around 15.8% CAGR between 2022 and 2028. The market growth is poised to proceed at significant rate due to the increasing number of organ donors coupled with growing awareness about organ donation in developing and developed countries. Moreover, rising incidence of organ failure among patients suffering from chronic and infectious diseases will positively impact the demand for organ care products.

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Technological developments in the field of organ care products will accelerate the overall market demand. Introduction of technologically advanced products have offered reliability, ease and convenience to the professionals performing organ transplants. Product development with regards to design, functioning and features is anticipated to influence adoption rate among professionals. Fully portable systems providing higher mobility and designs allowing healthcare workers to monitor organs along with other operational activities will benefit the industry growth.

COVID-19 pandemic has moderately impacted the market expansion. The disruptions in supply chain, delayed shipping or ban on import export services has impacted operational capabilities of the manufacturers. This had negative impact on business operations for shorter period. However, the companies continued to witness overall revenue growth with management of available resources.