South America Organ Preservation Solutions Market Growth and Recent Trends by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028South America Organ Preservation Solutions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Solution [University of Wisconsin Solution (UW), Custodiol HTK, Perfadex, and Others], Technique (Static Cold Storage, Hypothermic Machine Perfusion, Normothermic Machine Perfusion, and Others), and Organ Type (Kidneys, Liver, Lungs, Heart, and Others)
- Report Date : Nov 2021
- Report Code : TIPRE00025795
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 102
The organ preservation solutions market in SAM is expected to grow from US$ 17.08 million in 2021 to US$ 25.15 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.
Brazil and Argentina are major economies in SAM. Increasing number of organ transplantation surgeries is the major factor driving the growth of the SAM organ preservation solutions market. Organ transplantation is a surgical procedure used when a patient's organ no longer functions properly. Organ transplantation is most for heart, liver, and kidney. However, the rising prevalence of chronic diseases is necessitating organ transplantation for organs such as the lung, pancreas, cornea, and vascular tissues. Organ transplantation is regarded as one of the most significant advances in modern medicine. Rise in chronic diseases that cause damage to the functions of the heart, lung, liver, kidney, and other organs is leading to an increase in the number of organ transplants. Moreover, excessive alcohol consumption leads to liver cirrhosis and ultimately needs liver transplant and a poor diet contribute to the development of renal and hepatic illnesses, which can lead to organ failure. This is yet another factor contributing to the growth of the organ transplantation and therefore preservation solutions market. Transplantation surgeries are becoming more common. The public-private partnership in collaboration with transplant coordinators has made a significant contribution to the improvement of organ transplantation. Both developing and developed countries have seen an increase in the number of organ transplant surgeries.
The COVID-19 pandemic has stringently affected medical services in SAM. Also, countries in this region are famous for medical tourism. Brazil, Argentina, Uruguay, Chile, Peru, Colombia are affected by the second wave of the COVID-19 infection. Amongst these, Brazil has registered the majority of the deaths. In the most affected countries, COVID-19 had an immediate impact on donation and transplantation efforts. In Brazil, the donor rate decreased by 13% in 2020 compared to 2019. This fall in donation rates was caused by a decrease in possible donor notification as well as an increase in the number of transplant contraindications. In Brazil, in 2020, there were decline in the transplantation rates for liver (10%), pancreas (13%), heart (17%), kidney (25%) and lung transplants (39%). There was greater decrease in the number of kidney transplants with a living donor (64%) than the reduction in the number of liver transplants (13%). As the outbreak hit different Brazilian states at different time points and affected different geographic locations, there was a difference in the timing of decrease in the organ transplantation rates. kidney transplantation rate decreased by 8% in the central-western region and by 80% in the northern region, which has been worst affected by the pandemic. Thus, organ transplantation has also been dramatically affected by COVID-19, with regard both to transplantation activities and the severity of cases (with elevated morbidity and mortality) and poor response to vaccination among transplant patients.
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 SAM organ preservation solutions market. The SAM organ preservation solutions market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
SAM Organ Preservation Solutions Market Segmentation
SAM Organ Preservation Solutions Market – By Solution
- University of Wisconsin Solution (UW)
- Custodiol HTK
- Perfadex
- Others
SAM Organ Preservation Solutions Market – By Technique
- Static Cold Storage
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
- Others
SAM Organ Preservation Solutions Market – By Organ Type
- Kidneys
- Liver
- Lungs
- Heart
- Others
SAM Organ Preservation Solutions Market, by Country
- Brazil
- Argentina
- Rest of SAM
SAM Organ Preservation Solutions Market - Companies Mentioned
- Accord Healthcare
- Bridge to Life Ltd
- Shanghai Genext Pharmaceutical Technology
- TransMedics
- Waters Medical Systems LLC
South America Organ Preservation Solutions Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 17.08 Million |
| Market Size by 2028 | US$ 25.15 Million |
| Global CAGR (2021 - 2028) | 5.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Solution
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Accord Healthcare
- Bridge to Life Ltd
- Dr. Franz Koehler Chemie GmbH
- TransMedics
- Waters Medical Systems LLC
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