(PharmaNewsWire.Com, February 20, 2018 ) According to the report Europe Organ Preservation Market, published by Market Data Forecast, the market is projected to reach USD 53 million by 2021, at a CAGR of 7% from 2016 to 2021.
Organ preservation is used to maintain the organs' quality prior to transplantation since the organs are susceptible to the air and can be broken if removed from the body. Organ preservation holds importance in the efforts to overcome the lack of organ benefactors while trying to change the socioeconomics of the donor pool by making organs which were not used earlier, easy for transplantation.
Europe Organ Preservation Market: Drivers & Restraints
Major drivers for this market are the growing innovative advancements, the increase in medicinal facilities used in different countries, and rising population. However, the high cost of strategies and the lack of organ donors are the key factors that may hinder the development of the market in the coming years.
The Europe Organ Preservation Market was valued at USD 37 million as of 2016. The market is expected to grow at a fast pace in the coming years due to latest development in the medical sector.
Europe Organ Preservation Market: Region-wise Outlook
On the basis of region the Europe market is analyzed under U.K, Germany, France, Spain and Italy. The European region is expected to exhibit high CAGR during the forecast period owing to favourable government policies.
Key Questions Answered
• What is the current and future Europe Organ Preservation Market outlook? What trends are affecting the market?
• What is the competitive landscape and market share of major players in the Organ Preservation Market space?
• What are the key, high growth markets that Organ Preservation Market manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Organ Preservation currently on the market? How will emerging technologies fulfil these unmet needs?
• What is End-User perception and market outlook of Organ Preservation?
• What are the challenges and barriers that have hindered widespread adoption of Organ Preservation?
Europe Organ Preservation Market: Key Players
The major players dominating the Organ Preservation market are Essential Pharmaceuticals (U.S.), Dr. Franz Kohler Chemie GmbH (Germany), Organ Recovery Systems (U.S.), Xvivo Perfusion AB (Sweden), and Waters Medical Systems LLC (U.S.), among others are the leaders in the Europe Organ Preservation market.
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