North America Organ Care Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Modality (Trolley and Portable), Organ Type (Kidney, Liver, Heart, Lungs, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)
The organ care products market in North America is expected to grow from US$ 40.72 million in 2021 to US$ 114.36 million by 2028; it is estimated to grow at a CAGR of 15.9% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. There has been a constant increase in organ failure incidence across the region, owing to various chronic health conditions such as cardiovascular disorders, genetic conditions, and diabetes. As per Health Resources and Service Administration report 2020, 106,247 people, including men, women, and children, are on the national transplant waiting list. Every 9 minutes, another person is added to the transplant list in the US. Thus, the rising incidence of organ failure has created the demand for organ transplant procedures, which, in turn, is driving the organ care products market.
Over the period, there has been a significant increase in organ donation, owing to a rise in awareness among people and rapidly developing health facilities. According to the Health Resources and Service Administration report 2020, 22,817 kidney transplantations have been performed in the US, accounting for 83% of the total transplant procedures in the US. Furthermore, development in healthcare facilities to enhance the success rates of transplant procedures and reduce organ rejection rates has increased the organ transplantation procedures, fueling the demand for organ care products and contributing to the growth of organ care products markets
On the other hand, timing, storage, and transportation have an important role in transplant procedures, especially in the case of circulatory death. Timely removal of organs, transportation, and implantation are expected to increase the success rates; this requires efficient organ care products to keep the organ safe until implantation. For this purpose, several market players such as TransMedics and OrganOx Limited have designed various systems with advanced technology to keep the organs safe, eliminating the use of organ transport cooler boxes. For instance, TransMedics Group, Inc. has launched its organ care system, which allows the beating donor heart to be maintained in a warm (34°C) perfused oxygenated state during the transfer from donor to recipient hospitals. This allows for an extended “out of body” time and minimizes the detrimental effects of cold ischemic storage. Moreover, technological advancements in organ care products and the high adoption rate among healthcare professionals due to the increase in reliability, convenience, and portability drive the organ care products market.
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 North America organ care products market. The North America organ care products market is expected to grow at a good CAGR during the forecast period.
North America Organ Care Products Market Revenue and Forecast to 2028 (US$ Million)
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North America Organ Care Products Market Segmentation
The North America 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 North America organ care products market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2021.
Accord Healthcare; Bridge to Life Ltd; Dr. Franz Koehler Chemie GmbH; Organ Recovery Systems; OrganOx Limited; Paragonix Technologies, Inc; Preservation Solutions, Inc.; TransMedics; Waters Medical Systems LLC; and XVIVO Perfusion are among the leading companies in the North America organ care products market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Organ Care Products Market– By Modality
1.3.2 North America Organ Care Products Market– By Organ Type
1.3.3 North America Organ Care Products Market– By End User
1.3.4 North America Organ Care Products Market– By Country
2. North America Organ Care Products Market– Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Organ Care Products Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Experts Opinion
5. North America Organ Care Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Significant Rise in Organ Failures and Transplant Procedures
5.1.2 New Product Launches and Product Approvals in Organ Care Products
5.2 Market Restraints
5.2.1 High Cost of Organ Transplantation and Cultural Barriers
5.3 Market Opportunities
5.3.1 Various Government Steps and Different Collaborations
5.4 Future Trends
5.4.1 Technological Advancements and Increase in Research & Development Activities
5.5 Impact analysis
6. Organ Care Products Market– North America Analysis
6.1 North America Organ Care Products Market Revenue Forecast and Analysis
7. North America Organ Care Products Market Revenue and Forecasts To 2028– by Modality
7.1 Overview
7.2 North America Organ Care Products Market Share, by Modality - 2021 & 2028 (%)
7.3 Trolley
7.3.1 Overview
7.3.2 Trolley: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Portable
7.4.1 Overview
7.4.2 Portable: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Organ Care Products Market Revenue and Forecasts To 2028– By Organ Type
8.1 Overview
8.2 North America Organ Care Products Market Share, by Organ Type - 2021 & 2028 (%)
8.3 Kidney
8.3.1 Overview
8.3.2 Kidney: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Liver
8.4.1 Overview
8.4.2 Liver: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
8.5 Heart
8.5.1 Overview
8.5.2 Heart: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
8.6 Lungs
8.6.1 Overview
8.6.2 Lungs: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
9. North America Organ Care Products Market Analysis By End User
9.1 Overview
9.2 North America Organ Care Products Market Share, by End User- 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10. North America Organ Care Products Market– Country Analysis
10.1 North America: Organ Care Products Market
10.1.1 Overview
10.1.2 North America: Organ Care Products Market, by Country, 2021 & 2028 (%)
10.1.2.1 US: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 US: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.2 US: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.2.1.3 US: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.2.1.4 US: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.2.2 Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.2 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.2.2.3 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.2.2.4 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.2.3 Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.2 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.2.3.3 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.2.3.4 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
11. Organ Care Products Market –Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Organ Care Products Market
11.3 Inorganic Growth Strategies
11.3.1 Overview
11.4 Organic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 TransMedics
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 XVIVO Perfusion
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Bridge to Life Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Paragonix Technologies, Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OrganOx Limited
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Waters Medical Systems LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Organ Recovery Systems
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Accord Healthcare
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Dr. Franz Koehler Chemie GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Preservation Solutions, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. US: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 2. US: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 3. US: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 4. Canada Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 5. Canada Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 6. Canada Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 7. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 8. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 9. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 10. Recent Inorganic Growth Strategies in the Organ Care Products Market
Table 11. Recent Organic Growth Strategies in the Organ Care Products Market
Table 12. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Organ Care Products Market Segmentation
Figure 2. North America Organ Care Products Market– By Country
Figure 3. North America Organ Care Products Market Overview
Figure 4. Kidney Segment Held Largest Share of North America Organ Care Products Market by Organ Type
Figure 5. US to Show Significant Growth During Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. North America Organ Care Products Market impact analysis of driver and restraints
Figure 9. North America Organ Care Products Market – Revenue Forecast and Analysis – 2019- 2028
Figure 10. North America Organ Care Products Market Share, by Modality - 2021 & 2028 (%)
Figure 11. North America Trolley: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. North America Portable: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. North America Organ Care Products Market Share, by Organ Type - 2021 & 2028 (%)
Figure 14. North America Kidney: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. North America Liver: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. North America Heart: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. North America Lungs: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. North America Others: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. North America Organ Care Products Market Share, by End User- 2021 & 2028 (%)
Figure 20. North America Hospitals: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Ambulatory Surgical Centers: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Others: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Organ Care Products Market, by Key Country – Revenue (2021) (US$ Million)
Figure 24. North America: Organ Care Products Market, by Country, 2021 & 2028 (%)
Figure 25. US: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Growth Strategies in the Organ Care Products Market
- Accord Healthcare
- Bridge to Life Ltd
- Dr. Franz Koehler Chemie GmbH
- Organ Recovery Systems
- OrganOx Limited
- Paragonix Technologies, Inc
- Preservation Solutions, Inc.
- TransMedics
- Waters Medical Systems LLC
- XVIVO Perfusion
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America organ care products market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America organ care products market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the organ care products market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution