The global liver preservation systems market was valued at USD 174.2 million in 2021 and expected to reach USD 1,949.5 million by the end of 2028, recording a CAGR of 41.2% during the forecast period 2022-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Liver Preservation Systems Market By Preservation Technique (Hypothermic Perfusion Preservation (HPP), Static Cold Storage (SCS), Others), By Preservation Solution (Custodiol HTK – (Histidine-Tryptophan-Ketoglutarate) Solution, Human Biosystem (HBS) Solution, Renograf, Viaspen, Lifor, Perfadex, Others), By End User (Hospitals, Clinics, Others), and Geography- Global/Region/Country Forecast to 2028",
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Increasing Government Initiatives for the organ transplantations procedures are expected to drive the Global Liver Preservation Systems Market
Liver preservation involves the process to protect and maintain the liver of donor from liver procurement up to the implantation in the desired recipients. Oxygenation, temperature and other appropriate storage conditions is maintained for the prevention of liver injury during the preservation time and liver function after the transplantation to the recipients. In order to slow down the liver deterioration process from normal metabolic process, liver may also be stored in the temperature-cooled preservation solution for slowing down the liver deterioration process from normal metabolic process. Liver procurement is generally carried out after the death of cardiac or brain of the patients.
One of the major factors fuelling the global liver preservation systems market is increasing cases of brain death because of the growing number of traumatic injuries and accidents. Furthermore, increasing cases of liver damage and injuries because of the increasing alcohol consumption, favorable reimbursement policies, government initiatives for the organ transplantation procedures, growing consciousness regarding organ donation amid the people and sophisticated healthcare infrastructure in the developed economies are projected to spur the global market over the evaluation time span. But, restricted scope at the end user level, high procedure cost and lack of skilled experts in underdeveloped regions are the factors restraining the global liver preservation systems market.
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Regional Analysis – Global Liver Preservation Systems Market
On the basis of regional analysis, global liver preservation systems market is categorized into different regions such as Asia Pacific, North America, Latin America, Middle East, Latin America and Africa. North America market is poised to grow because of the well-developed healthcare infrastructure and growing liver transplantation procedures in Canada and U.S. Europe market also witnesses significant growth due to the presence of skilled experts, increasing recipients for liver transplantation and increasing healthcare expenditure. Asia Pacific market is fuelled by the factors such as growing consciousness regarding organ donation amid people, increasing medical tourism in different countries of Asia Pacific for liver transplantation and entry of key players into the region.
Competitive Analysis - Global Liver Preservation Systems Market
A few major players working in the global preservation systems market such as Franz Kohler Chemie GmbH (Germany), Organ Recovery Systems (U.S.), Waters Medical Systems LLC (U.S.), Xvivo Perfusion AB (Sweden), BioLife Solutions, Inc. (U.S.), Preservation Solutions, Inc. (U.S.), Transmedics, Inc. (U.S.) and CryoLife, Inc. (U.S.).
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