The market size of the Organ Preservation Market in the European region is valued at USD 53.71 million in 2022 and estimated to grow at a CAGR of 7%, to reach USD 75.34 million by 2027 during the forecast period 2022to 2027.
Increasing people with various health disorders is a major factor leveling up the growth of the market. The organ preservation market is propelled by the growing geriatric population with organ failure cases. The rise in the incidences of road accidents and the need for replacement of organs in very less time is also boosting up the growth of the market to the extent.
In addition, the rising success rate of transplantation outcomes is greatly influencing the demand of the market in Europe. Growing awareness through campaigns and digital platforms over the benefits in the donation of an organ that can save a life is accelerating the demand of the Europe Organ Preservation Market.
However, the lack of complete knowledge over the process of preservation is slowly restraining the demand of the market. Increasing risk in surgeries is also hindering the growth of the Europe organ preservation market. The cost for installation and maintenance of the equipment needed in the procedure is a little high and this remained a challenging factor for the market developers.
The emergence of latest technologies and launch of various techniques in the preservation of organ for the long term is to surge growth opportunities for the market. Increasing concern towards health among individuals and rising awareness over the availability of treatment procedures are fueling the demand of the market. Growing demand for transplantation of kidney in case of failure is leveraging the growth of the market. Furthermore, increasing initiative steps by the government in favor of the common people are also gearing up the demand of the organ preservation Europe Organ Preservation Market.
Europe Organ Preservation Market has been segmented and sub-segmented into the following categories
On the basis of region, in Spain, rising expenditure on health care, especially in urban areas, is likely to outshine the demand of the market. Rise in the investments on the research institutes is escalating the demand of the UK Organ Preservation market.
Prominent Companies leading the Europe Organ Preservation Market Profiled in the Report are Essential Pharmaceuticals, Dr. Franz Kohler Chemie GmbH (Germany), Organ Recovery Systems, Xvivo Perfusion AB, Waters Medical Systems LLC.
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