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Organ Care Products Market Trends

Report ID: GMI5026
Published Date: Jan 2022
Report Format: PDF

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Organ Care Products Market Trends

The industry value is highly attributable to increasing product approvals and launches providing advanced organ preservation technologies. Extensive R&D efforts by the prominent market players will further favour new product launches that will positively impact the adoption rate in facilities. Thus, expanding availability of advanced products across emerging economies will impel the global industry expansion during the forecast period.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size of organ care products surpassed USD 106 million in 2021 and is expected to expand at a CAGR of nearly 15.8% from 2022 to 2028 with rising awareness regarding organ donation in developed and developing countries.

Kidney care accounted for around 25% of the revenue share in 2021 and will grow with surging incidence of kidney failure and subsequent escalation in kidney transplants.

North America market recorded around 55% of the total revenue share in 2021 and is expected to grow with soaring number of organ donations in the region.

Major companies across the market are Organ Recovery System, TransMedics Inc., XVIVO, IGL, Preservation solution Inc., Bridge to life Ltd., Paragonix technologies, and others.