Dr. Franz Köhler Chemie GmbH, 21st Century Medicine, Bridge to Life Limited, Teva Pharmaceuticals etc., are some of the major key players.
Organ Preservation Technology Market Value and CAGR
The Organ Preservation Technology Market refers to the market for technologies and solutions aimed at preserving organs for transplantation purposes. Organ transplantation is a life-saving procedure that involves replacing a diseased or damaged organ with a healthy one from a donor. Organ preservation technology plays a crucial role in ensuring that organs remain viable and functional during the transportation process from the donor to the recipient. It involves methods and devices designed to maintain the organ's condition, reduce damage, and extend its preservation time outside the body. The primary goal is to minimize ischemic injury, which occurs when organs are deprived of oxygen and nutrients.
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Various techniques and technologies are used in organ preservation, including cold storage, hypothermic machine perfusion, and normothermic machine perfusion. Cold storage involves placing the organ in a complicated solution to slow down its metabolism and reduce the risk of damage. Hypothermic and normothermic machine perfusion consists in using a specialized device to provide a continuous supply of oxygen, nutrients, and other substances to the organ, mimicking its natural environment. The organ preservation technology market encompasses a range of products, such as preservation solutions, perfusion systems, and organ transport solutions. These products are developed and supplied by companies and research institutions involved in the field of organ transplantation and preservation.
The market is caused by the increasing demand for organ transplantation due to the rising prevalence of organ failure and chronic diseases. Technological advancements in organ preservation techniques, such as the development of improved preservation solutions and machine perfusion systems, are also contributing to market growth. Additionally, the growing emphasis on expanding the pool of available organs and improving transplant outcomes is fueling the adoption of organ preservation technologies.
Organ Preservation Technology Market Growth Drivers and Risks
Here are some of the main drivers:
There are also certain risks and challenges to consider:
Organ Preservation Technology Market Keyplayers
By Company
Organ Preservation Technology Market Segmentations
Segment by Type
Segment by Application
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