The rising demand for organ transplantation due to organ failure has boosted the requirement for organ care products. These products allow the storage of organs for a longer period and transport organs over long distances in favorable working conditions. The fast-changing healthcare dynamics and rising prevalence of organ failure and donation have created the demand for effective organ care products. In response to such prominent demand, various market players focus on offering better organ care products. Additionally, the approvals of such products from regulatory bodies allow the safe storage and transportation of donor organs over long distances. Hence rising demand for organ transplantation expected to contribute to the growth of organ care products.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe organ care products market. The Europe organ care products market is expected to grow at a good CAGR during the forecast period.
Europe Organ Care Products Market Segmentation
The Europe organ care products market is segmented into modality, organ type, end user, and country. Based on modality, the market is segmented into trolley and portable. In 2021, the trolley segment held a larger share of the market. In terms of organ type, the market is segmented into kidney, liver, heart, lungs, and others. In 2021, the kidney segment held the largest market share. Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others. In 2021, the hospitals segment held the largest share of the market. Based on country, the Europe organ care products market is segmented into France, Germany, Italy, Spain, the UK, and the Rest of Europe.
Accord Healthcare; Dr. Franz Koehler Chemie GmbH; Organ Recovery Systems; OrganOx Limited; Paragonix Technologies, Inc; TransMedics; and XVIVO Perfusion are among the leading companies in the Europe organ care products market.