The global warm blood perfusion system market is segmented into organ type such as Heart, Lung and Liver. Among these segments, lever segment is expected to witness the significant growth in near future. The growth of liver segment can be attributed to increasing number of liver transplant surgeries across the globe. Around 6,000 liver transplant surgeries are performed every year in United States.
Global warm blood perfusion system market is expected to flourish at robust CAGR over the forecast period. Moreover, the global warm blood perfusion system market is expected to reach at notable revenue by the end of 2024. The market is expected to expand on the back of increasing incidence of cardiovascular transplantation across the globe.
The North America segment by region is likely to grow at remarkable pace during the forecast period. A number of factors such as better healthcare infrastructure, increasing organ transplants and rising number of organ donors are envisioned to drive the growth of North America warm blood perfusion system market in near future. Apart from this, increasing healthcare expenditure by governments on the back of positive GDP growth is also anticipated to foster the growth of market in future.
Technological Advancements in Healthcare Sector
Increasing adoption of advanced and potential technologies in healthcare sector is a key factor which is likely to fuel the demand for warm blood perfusion system in near future. Ability of warm blood perfusion system to keep organs alive outside the human body for longer time, allows doctor to evaluate and perform organ transplant procedure safely. Moreover, rising number of deaths due to organ failure is expected to increase the demand for organ transplant surgeries which in turn likely to fuel the demand for warm blood perfusion system in near future.
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Increasing Number of Organ Transplants
Increasing number of organ transplantation such as kidney transplantation, heart transplantation and liver transplantation across the globe is likely to fuel the demand for warm blood perfusion system globally. Additionally, rising demand for cost-effective solution for organ preservation is also predicted to propel the growth of market in near future.
Although, unavailability of organ donors to meet the increasing demand for organ transplants is a key factor which is likely to obstruct the growth of warm blood perfusion system market during the forecast period.
The report titled “Warm Blood Perfusion System Market : Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global warm blood perfusion system market in terms of market segmentation by organ type and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global warm blood perfusion system market which includes company profiling of TransMedics Inc. Some other key potential companies that may enter into manufacturing of warm blood perfusion system are XVIVO Perfusion AB, Organ Assist B.V., Organ Recovery Systems Inc., Organ Transport System Inc., Water Medical System LLC, Paragonix Technologies Inc., OrganOx Limited, Preservation Solution Inc. and Bridge to Life Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global warm blood perfusion system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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