GMI Organ Preservation Market | Page 2

Kidney transplantation segment will show the robust growth due to the high number of kidney transplantation procedures. As per the National Institute of Diabetes and Digestive and Kidney Diseases, in 2013, around 47,000 Americans died of kidney diseases. Increasing incidences of chronic kidney diseases leading to the kidney failure will fuel the need for preservation solutions. Browse key industry insights from the report “Organ Preservation Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Poland, China, India, Japan, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/organ-preservation-market Static cold storage is most widely used technique. The reason behind this widespread use can be attributed to the favorable transport requirement and ideal organ quality. However, hypothermic machine perfusion technique will show a robust growth in the coming years due to the advantages such as improved preservation, ex-vivo conditioning of the graft and continuous graft evaluation. U.S. will witness significant growth over the forecast period due increasing incidences of organ failures including kidney, heart and liver failure. As per the National Kidney Foundation, in 2013, around 26 million American have chronic kidney diseases. U.S. population shows positive attitude towards body part donation and consider it as an altruistic act which will further have positive impact on organ preservation market. Some of the industry players are Essential Pharmaceuticals, Waters Medical System, Dr. Franz Kohler Chemie, XVIVO Perfusion, Organ Recovery Systems, Bristol-Myers Squibb, BioLifeSolutions, and 21st Century Medicine. The companies are adopting organic as well as inorganic growth strategies including strategic alliance and new product launch to garner higher market share. For instance, in January 2016, a newly developed PrimECC product from Xvivo Perfusion recieved CE mark approval. About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. 2 | Page