Organ Preservation Market– Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2017 – 2024: Global Market Insights Inc.
Organ Preservation Market size should foresee significant growth due to consistent
increase in the demand for body part transplantation over the last few years. The
successful survival and high success rates of transplanted body parts including liver,
kidney, and heart has elevated the global demand for transplantation surgeries.
Transplantation is the only available procedure for the patients with end-stage organ
failure. Increasing incidences of kidney, hearth, and lung failure will fuel the demand.
The risk of failures further rises with the increasing age and presence of various clinical
condition including diabetic nephropathy and cardiovascular diseases. According to the
Australian Government, Department of Health, in 2014 around 203,400 Australians
reported to have kidney disease out of which 10,143 people received kidney transplant.
Growing government initiatives to promote the body part donation to bridge the
demand and supply gap will influence the organ preservation market size over the
forecast period. Mass communication methods targeting the people to educate them
about the donation of body parts is most common method that will increase the number
of donations in future. Moreover, several technological advancements coupled with the
increasing disposable income will further fuel the business growth.
R&D focused at developing alternatives to the transplantation will act as a restraint. For
instance, efforts are being taken to develop the organs for transplantation from stem
cells. The advent of 3D bioprinting technologies to develop human body parts such as
heart, brains and arteries will act as a barrier. The limited number of donors coupled
and excessive cost pertaining to the transplantation procedure may further limit the
growth.
UW solution, developed by University of Wisconsin through the experiments designed
to understand organ damage, is the most widely used solution for the body part
preservation. The solution is applicable in the preservation of kidney, liver, pancreas
and heart. However, the potential disadvantages such as poor initial perfusion of the
graft and excessive cost associated with the use of UW solution can hinder the product
share.
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