(EMAILWIRE.COM, August 14, 2020 ) The study involved four major activities in estimating the current size of the Organ Transplant Market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.

Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

The growth of the organ preservation market is mainly driven by the increasing incidence of multi-organ failure, the growing geriatric population, the rising number of organ transplants and organ donors, and increasing initiatives to encourage organ donations.

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Market Size Estimation:

Both top-down and bottom-up approaches were used to estimate and validate the total size of the organ preservation market. These methods were also used extensively to determine the extent of various subsegments in the market. The research methodology used to estimate the market size includes the following:

# The key players in the industry and markets have been identified through extensive secondary research.

# The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.

# All percentage shares split, and breakdowns have been determined using secondary sources and verified through primary sources.

Static cold storage was the leading technique in 2019 but normothermic machine perfusion is expected to grow at a faster rate.

By technique, the segment witnessed a significant market share of Static cold storage in 2019. This technique is used for the preservation of the kidneys, liver, lung, pancreas, and heart. The low cost and requirements of SCS ensure its adoption among end-users. The advantages of normothermic machine perfusion provide its high growth rate in the solutions market in the forecast period of 2019 to 2024.

“The Asia Pacific to witness the highest growth during the forecast period.”

Asia Pacific is expected to grow at the highest CAGR during the forecast period of 2019–2024. The major factors driving the growth of the Asia Pacific market include favorable government initiatives, increased awareness in people and increased organ donations.

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XVIVO Perfusion AB (Sweden), Paragonix Technologies (US), Dr. Franz Kohler Chemie GMBH (Germany) are the leading players in the Organ Transplant Market.

The growth of these players can be attributed to various product launches & approvals, acquisitions, agreements, partnerships, and collaborations to increase their shares in the organ preservation market.

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