Report ID: SQMIG35D2061
Report ID:
SQMIG35D2061 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
117 |
Figures:
79
The global organ preservation market is primarily centered within North America, primarily due to the presence of advanced healthcare facilities and infrastructures, a high rate of organ transplant, and sufficient investment for research and development purposes. The region is characterized by the presence of well-established well, government support, and advanced preservation techniques like machine perfusion. Moreover, the presence of leading players in the market plus better understanding of organ donation also enhances the growth of the organ preservation market. Further, the age structure in the region as well as the growing number of chronic diseases increases the need for organ transplant which maintains the region's parameter of leadership. There is ongoing innovation, favorable regulations and strategic partnerships which keep North America at the top of the global organ preservation market share.
Among all geographic entities, Europe is the region expanding at the highest rate in the global organ preservation market owing to the growing rates of organ donation, futuristic health care policies, and high uptake of technologies such as machine perfusion for organ preservation. For example, Spain and France are among the countries with the best programs in organ donation, whereas there is a good regulatory environment in the European Union, which enhances creativity and organ donation programs in other countries. Furthermore, increasing public awareness, better provision of healthcare services, and an upsurge in chronic diseases necessitate organ transplants. In Europe, it cuts across improvement of the techniques of preservation in the form of research backed funding and clinch developments. This will make the region experience fast growth in the global organ preservation market.
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Report ID: SQMIG35D2061