The organ preservation solutions market in the MEA is expected to grow from US$ 11.89 million in 2021 to US$ 17.00 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.
Saudi Arabia, South Africa, and UAE are major economies in MEA. Geriatric population count increasing is the major factor driving the growth of the MEA organ preservation solutions market. The degeneration of various cells or tissues of the body with age leads to a greater risk of chronic diseases. Elderly people are more prone to get affected by the failure of organs such as kidneys, liver, and pancreases. this is mainly ascribed to the changes in the composition and metabolic activities in the ecosystem of the aging human body. With the increasing age, the incidence of organ failure increases as a result of diabetes, cardiovascular diseases (CVDs), obesity, and other serious medical problems, which, in turn, is increasing the demand for organ transplantation, thereby driving the target market.Economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflicts and cannot implement robust public health measures. Iran was in deep economic recession due to the US sanctions. Also, the major source of economic stabilization in Middle East countries is oil production and export. However, the recent pandemic is causing turbulence to the economies of the Middle East. A sudden drop in domestic and external demand for goods and products, especially crude oil, and halted production due to labor shortage, are major impacts observed in the region. The spread of coronavirus in the region caused heavy burdens on healthcare professionals. Cardiac surgeons were overloaded with emergency cardiac surgeries, management of coronavirus patients, and implementation of safety guidelines to prevent the spread of virus. Rapid spread to virus impacted to elective surgeries and organ transplantation procedures. These factors are projected to hamper the growth of MEA organ preservation solutions 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 MEA organ preservation solutions market. The MEA organ preservation solutions market is expected to grow at a good CAGR during the forecast period.
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MEA Organ Preservation Solutions Market Segmentation
MEA Organ Preservation Solutions Market – By Solution
- University of Wisconsin Solution (UW)
- Custodiol HTK
- Perfadex
- Others
MEA Organ Preservation Solutions Market – By Technique
- Static Cold Storage
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
- Others
MEA Organ Preservation Solutions Market – By Organ Type
- Kidneys
- Liver
- Lungs
- Heart
- Others
MEA Organ Preservation Solutions Market, by Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Organ Preservation Solutions Market - Companies Mentioned
- Accord Healthcare
- Bridge to Life Ltd
- Shanghai Genext Pharmaceutical Technology
- TransMedics
- Waters Medical Systems LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Organ Preservation Solutions Market – By Solution
1.3.2 MEA Organ Preservation Solutions Market – By Technique
1.3.3 MEA Organ Preservation Solutions Market – By Organ Type
1.3.4 MEA Organ Preservation Solutions Market – By Country
2. MEA Organ Preservation Solutions Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Organ Preservation Solutions Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Expert Opinions
5. MEA Organ Preservation Solutions Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Significant Rise in Demand for Organ Transplantation
5.1.2 Rising Cases of Kidney Failure Due to Prevalence of Chronic Diseases
5.1.3 Geriatric Population Count Increasing
5.2 Market Restraints
5.2.1 Organ Transplant Surgery Is Exorbitant
5.2.2 Issues Regarding Limited Number of Donors for Organ Transplant Surgeries
5.3 Market Opportunities
5.3.1 Cardiovascular Diseases (CVDs) Witnessing Significant Rise
5.4 Impact Analysis
6. Organ Preservation Solutions Market – MEA Analysis
6.1 MEA Organ Preservation Solutions Market Revenue Forecast and Analysis
7. MEA Organ Preservation Solutions Market Analysis – By Solution
7.1 Overview
7.1.1 MEA Organ Preservation Solutions Market, By Solution 2021 & 2028 (%)
7.2 University of Wisconsin Solution (UW) Market
7.2.1 Overview
7.2.2 University of Wisconsin solution (UW) Market Revenue and Forecasts to 2028 (US$ Thousand)
7.3 Custodiol HTKs
7.3.1 Overview
7.3.2 Custodiol HTKs Market Revenue and Forecasts to 2028 (US$ Thousand)
7.4 Perfadex
7.4.1 Overview
7.4.2 Perfadex Market Revenue and Forecasts to 2028 (US$ Thousand)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecasts to 2028 (US$ Thousand)
8. MEA Organ Preservation Solutions Market Analysis – By Technique
8.1 Overview
8.2 MEA Organ Preservation Solutions Market Share, by Technique, 2021 and 2028 (%)
8.3 Static Cold Storage
8.3.1 Overview
8.3.2 Static Cold Storage: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
8.4 Hypothermic Machine Perfusion
8.4.1 Overview
8.4.2 Hypothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
8.5 Normothermic Machine Perfusion
8.5.1 Overview
8.5.2 Normothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
8.6 Others
8.6.1 Overview
8.6.2 Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
9. MEA Organ Preservation Solutions Market– By Organ Type
9.1 Overview
9.2 MEA Organ Preservation Solutions Market Share, by Organ Type, 2021 and 2028 (%)
9.3 Heart
9.3.1 Overview
9.3.2 Heart: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
9.4 Lung
9.4.1 Overview
9.4.2 Lung: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
9.5 Kidney
9.5.1 Overview
9.5.2 Kidney: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
9.6 Liver
9.6.1 Overview
9.6.2 Liver: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
9.7 Others
9.7.1 Overview
9.7.2 Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
10. MEA Organ Preservation Solution Market – Country Analysis
10.1 Overview
10.1.2 MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Country (%)
10.1.2.1 UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.1.1 UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.1.2 UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
10.1.2.1.3 UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
10.1.2.1.4 UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
10.1.2.2 Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.2.1 Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.2.2 Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
10.1.2.2.3 Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
10.1.2.2.4 Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
10.1.2.3 South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.3.1 South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.2.3.2 South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
10.1.2.4 South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
10.1.2.5 South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
10.1.3 Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.3.1 Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
10.1.3.2 Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
10.1.3.3 Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
10.1.3.4 Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
11. Impact Of COVID-19 Pandemic on MEA Organ Preservation Solutions Market
11.1 MEA: Impact Assessment of COVID-19 Pandemic
12. Organ Preservation Solutions Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Organ Preservation Solutions Market, 2021-2028
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 Waters Medical Systems LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 TransMedics
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Dr. Franz Koehler Chemie GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Accord Healthcare
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Bridge to Life Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
Table 2. UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
Table 3. UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
Table 4. Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
Table 5. Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
Table 6. Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
Table 7. South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
Table 8. South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
Table 9. South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
Table 10. Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Solution (US$ Thousand)
Table 11. Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Technique (US$ Thousand)
Table 12. Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Organ Type (US$ Thousand)
Table 13. Recent Inorganic Growth Strategies in the Organ Preservation Solutions Market
Table 14. Recent Organic Growth Strategies in the Organ Preservation Solutions Market
Table 15. Glossary of Terms, MEA Organ Preservation Solutions Market
LIST OF FIGURES
Figure 1. MEA Organ Preservation Solutions Market Segmentation
Figure 2. MEA Organ Preservation Solutions Market Segmentation, By Country
Figure 3. MEA Organ Preservation Solutions Market Overview
Figure 4. University of Wisconsin solution (UW) Segment Held Largest Share of MEA Organ Preservation Solutions Market
Figure 5. UAE to Show Significant Growth During Forecast Period
Figure 6. MEA PEST Analysis
Figure 7. MEA Organ Preservation Solutions Market Impact Analysis of Drivers and Restraints
Figure 8. MEA Organ Preservation Solutions Market – Revenue Forecast and Analysis – 2020- 2028
Figure 9. MEA Organ Preservation Solutions Market, By Solution 2021 & 2028 (%)
Figure 10. MEA University of Wisconsin solution (UW) Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 11. MEA Custodiol HTKs Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 12. MEA Perfadex Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 13. MEA Others Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 14. MEA Organ Preservation Solutions Market Share, by Technique, 2021 and 2028 (%)
Figure 15. MEA Static Cold Storage: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. MEA Hypothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 17. MEA Normothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. MEA Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. MEA Organ Preservation Solutions Market Share, by Organ Type, 2021 and 2028 (%)
Figure 20. EA Heart: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
Figure 21. MEA Lung: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
Figure 22. MEA Kidney: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
Figure 23. MEA Liver: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
Figure 24. MEA Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)
Figure 25. MEA Organ Preservation Solutions Market Revenue Overview, by Country (2021) (US$ Thousand)
Figure 26. MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028, By Country (%)
Figure 27. UAE Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 28. Saudi Arabia Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 29. South Africa Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 30. Rest of MEA Organ Preservation Solutions Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 31. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 32. Growth Strategies in the Organ Preservation Solutions Market, 2021-2028
- Accord Healthcare
- Bridge to Life Ltd
- Dr. Franz Koehler Chemie GmbH
- TransMedics
- Waters Medical Systems LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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