Global heart preservation systems market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Heart Preservation Systems Market
Heart preservation involves the removal of the heart from the donor body and stored for the transportation. Heart preservation systems are extensively prepared and maintained according to the required temperature, oxygen and other condition to maintain the anatomy and physiological conditions. There are very important parameters should be considered for preservation of the heart such as donor heart and patient suitability, then the heart is stored and transported. The heart usually stored at very low temperatures such as 4-8 degree centigrade.
Market Dynamics: Heart Preservation Systems Market
Global heart preservation systems market primarily driven by rise in incidence of heart related diseases, ageing population and raising awareness among the population regarding organ donation. Furthermore, advancements in the organ preservation and transportation systems such as normo, hypothermic perfusion and sub normo techniques which improves the transportation and saving life of many people. However, high demand and low number of donors, problems with suitability of the donor heart with patient, lack of skilled professionals specially in under developed regions are expected to hamper the market growth over the forecast period.
Market Scope: Heart Preservation Systems Market
Heart preservation systems market is segmented based on type, solution
Based on type, the market is segmented into the following:
- Static Cold Storage
- Normothermic Machine Perfusion
- Hypothermic Machine Perfusion
Based on solution, the market is segmented into the following:
- University of Wisconsin solution
- Citrate Solution
- Celsior Solution
Based on end user, market is segmented into
Regional Analysis: Heart Preservation Systems Market
Geographically, global heart preservation systms market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Europe heart preservation system market expected to grow at significant rates owing increase in the prevalence of heart related diseases and ageing population. According to the European Commission, there were 3,450 patients are on waiting list for heart transplant as of 2013. North America heart preservation market projected to have the significant growth rate owing to the well-established organ banks, healthcare infrastructure and increase in number of heart preservation system companies. Furthermore, market players are involved in the development of the new preservation technologies to preserve heart. Asia Pacific heart preservation systems market expected to have the notable growth opportunity owing to raise in awareness among the people and developing healthcare infrastructure in the region. Furthermore, high prevalence rates of heart diseases such as coronary heart failure projected to positively impact the growth of regional market.
Competition Assessment: Heart Preservation Systems Market
Some of the players in the global hear preservation systems market include:
- Organ Recovery Systems (U.S.)
- Essential Pharmaceuticals LLC (U.S.)
- Xvivo Perfusion AB (Sweden)
- Waters Medical Systems LLC (U.S.)
- Dr. Franz Kohler Chemie GmbH (Germany)