[Research Report] The organ care products market is projected to reach US$ 272.16 million by 2028 from US$ 98.46 million in 2021; it is estimated to grow at a CAGR of 15.6% from 2021 to 2028.
An organ care product is a medical device used to preserve donor organs for longer periods before transplantation. These procedures allow the transplant team to ensure that transplant organs function optimally. It is a technique for keeping transplanted or donor organs at a safe temperature. "Heart in a box" is another name for this technique. Before being transplanted, organs of interest are kept in the best possible condition and are entirely manageable. The approach confers with the traditional systems of preserving organs by freezing or running them in an environment and condition comparable to that of the human body by perfusing the donor's blood via the organs. Organs like the kidney, liver, heart, and lungs can be monitored from this technology to ensure that they function at their best. Organ care products contain one or more pump units, thermo units, and trolleys.
The organ care products market is segmented based on modality, organ type, end user, and geography. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The organ care products report offers insights and in-depth analysis of the market, emphasizing parameters such as market trends, technological advancements, market dynamics, and the competitive analysis of the globally leading market players.
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Organ Care Products Market: Strategic Insights
Market Size Value in US$ 98.46 million in 2021 Market Size Value by US$ 272.16 million by 2028 Growth rate CAGR of 15.6% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Organ Care Products Market: Strategic Insights
| Market Size Value in | US$ 98.46 million in 2021 |
| Market Size Value by | US$ 272.16 million by 2028 |
| Growth rate | CAGR of 15.6% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Lucrative Regions for Organ Care Products Market
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Market Insights
New Product Launches and Product Approvals in Organ Care Products to Drive Organ Care Products Market
The rising demand for organ transplantation due to organ failure has boosted the requirement for organ care products. 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 to fulfill the market demand. In addition, the approvals of such products from regulatory bodies allow the safe storage and transportation of donor organs over long distances, which is expected to contribute to the growth of the organ care products market.
Following are a few examples of companies that launched new products and approvals for organ care products:
• In October 2021, Paragonix Technologies clinically and commercially launched the LIVERguard Donor Liver Preservation System in the US and Europe, along with its global clinical registry Global Utilization and Registry Database for Improved preservation of donor LIVERs (GUARDIAN-LIVER). The system was designed for consistent and repeatable standardized cold storage of livers, regardless of time, geography, or unforeseen conditions.
• In September 2021, TransMedics Group, Inc. announced the USFDA premarket approval for its OCS Liver System to preserve organs after DBD and DCD. The system is used to preserve and monitor hemodynamics and metabolic function, which allows for ex-vivo assessment of liver allografts from DBD and DCD donor livers based on the OCS Liver PROTECT Trial.
Such developments by market players are driving the organ care products market.
Modality Insights
Based on modality, the global organ care products market is segmented into trolley and portable. In 2021, the trolley segment held a larger share of the market. Moreover, the portable segment is expected to register a higher CAGR in the market during 2021–2028. This is mainly due to the convenience and compactness of organ care products. The portable devices help manage time during organ storage and improve organ quality.
Organ Type Insights
Based on organ type, the global organ care products market is segmented into kidney, liver, heart, lungs, and others. In 2021, the kidney segment held the largest market share. However, the lungs segment is expected to register the highest CAGR during 2021–2028. The growth of the kidney segment is attributed to the rising incidence of kidney failure that leads to a massive number of patients on a waiting list. As per the data by Health Resources & Services Administration, in 2020, nearly 91,099 patients required kidney transplants in the US. With the growing number of patients suffering from chronic conditions, the demand for organ care products will increase in the coming years.
Organ Care Products Market, by Organ Type – 2021 and 2028
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End User Insights
Based on end user, the global organ care products market is segmented into hospitals, ambulatory surgical centers, and others. In 2021, the hospitals segment held the largest share of the market. Moreover, the same segment is expected to register the highest CAGR in the market during 2021–2028. The increasing incidence of organ failure worldwide, leading to organ transplants, drives the segment. According to OPTN data, total transplants from 1998 till January 2022 accounted for 881,082. 518,946 were kidney transplants, 191,894 liver transplants, and 83,643 were heart transplants among others.
Product launches and collaborations are highly adopted strategies by the global organ care products market players. A few of the recent key market developments are listed below:
In February 2021, Bridge to Life, Ltd. and Tevosol, Inc. merged to develop and commercialize groundbreaking new products for the organ transplantation community. The arrangement includes Bridge to Life's significant financial commitment to manufacture, trial, and launch Tevosol's portable ex-vivo lung perfusion (EVLP) machine and normothermic organ preservation platform.
In June 2019, TransMedics announced the Second FDA PMA Approval for its OCS Lung System, allowing access to a larger pool of donor's lungs that are currently seldomly utilized for transplantation due to limitations of cold storage.
The COVID-19 pandemic has highly impacted organ donation and transplantation globally and affected the execution of life-saving procedures such as organ transplantation by altering the process of organ donation and recovery. Moreover, it has disrupted the donation and transplant activities worldwide, leading to a decline in the demand for organ care products. The transplants from deceased donors were limited to only urgent situations, and transplants from living donations were put on hold. This resulted in lost opportunities for a large number of vulnerable patients on transplant waiting lists. In addition, a decrease in the number of potential deceased organ donors, a saturation of healthcare systems and ICU capacities, limited access to donor and recipient testing for the infection, and challenges in travel/transport logistics for retrieval teams and donated organs were also observed. That impacted the market negatively during the pandemic period.
However, the pandemic led to the implementation of new practices for adequate donor evaluation and consent, organ recovery, and organ procurement organization, which will help the market grow significantly in the future.
Organ Care Products – Market Segmentation
The global organ care products market is segmented based on modality, organ type, end user, and geography. In terms of modality, the market is segmented into trolley and portable. Based on organ type, the organ care products market is segmented into kidney, liver, heart, lungs, and others. In terms of end user, the organ care products market is segmented into hospitals, ambulatory surgical centers, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America.
Company Profiles
- TransMedics
- XVIVO Perfusion
- Bridge to Life Ltd
- Paragonix Technologies, Inc
- OrganOx Limited
- Waters Medical Systems LLC
- Organ Recovery Systems
- Accord Healthcare
- Dr. Franz Koehler Chemie GmbH
- Preservation Solutions, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Modality, Organ Type, and End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The organ care products market is expected to grow at 16.4% over the forecast period.
North America accounts for the major market share of organ care products market in 2021.
Asia Pacific is expected to be the fastest growing region in organ care products market over the forecast period.
The organ care products market is analyzed in the basis of modality, organ type, and end user. Based on modality, the market is segmented into trolley and portable. The trolley segment held the largest share of the market, and portable segment is anticipated to register the highest CAGR. Based organ type, the market is segmented as kidney, heart, liver, lungs, and others. The kidney segment held the largest share of the market, and lungs segment is estimated to register the highest CAGR. And based on end user, the market is divided into hospitals, ambulatory surgical centers, and others. The hospitals segment held the largest share of the market, and it is estimated to register the highest CAGR.
The organ care products market majorly consists of the players such as TransMedics; XVIVO Perfusion AB; Bridge to Life; Paragonix Technologies, Inc; OrganOx Limited; Preservation Solution, Inc.; Accord Healthcare; Dr. Franz Koehler Chemie GmbH; Waters Medical Systems LLC; Organ Recovery Systems, Inc. among others.
The factors that are driving the growth of market are rising incidences of organ failure & transplant procedures and new product launches and approvals of organ care products are expected to fuel the growth of the market. However, the high cost of organ transplantation & cultural barriers is the major factor hindering the market growth.
Organ care products are medical devices designed to store donated organs for longer periods while still providing the organ with the necessary nutrients. These devices are used to keep organs safe for a set amount of time before transplantation. This technology assists in monitoring organs such as the kidney, liver, to ensure that they are operating at their best. Organ care products contain one or more pump units, thermo units, and trolleys.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Organ Care Products Market– By Modality
1.3.2 Organ Care Products Market– By Organ Type
1.3.3 Organ Care Products Market– By End User
1.3.4 Organ Care Products Market– By Geography
2. Organ Care Products Market– Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Organ Care Products Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East and Africa PEST Analysis
4.2.5 South And Central America PEST Analysis
4.3 Experts Opinion
5. Global Organ Care Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase 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 Government Initiatives and 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– Global Analysis
6.1 Global Organ Care Products Market Revenue Forecast and Analysis
6.2 Global Organ Care Products Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Global Organ Care Products Market Revenue and Forecasts To 2028– by Modality
7.1 Overview
7.2 Global 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. Organ Care Products Market Revenue and Forecasts To 2028– By Organ Type
8.1 Overview
8.2 Global 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. Organ Care Products Market Analysis – By End User
9.1 Overview
9.2 Global 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. Organ Care Products Market– Geographical Analysis
10.1 North America: Organ Care Products Market
10.1.1 Overview
10.1.2 North America: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3 North America: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.4 North America: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.5 North America: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6 North America: Organ Care Products Market, by Country, 2021 & 2028 (%)
10.1.6.1 US: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.1 US: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.2 US: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.1.3 US: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.6.1.4 US: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6.2 Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.1 Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.2 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.2.3 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.6.2.4 Canada: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6.3 Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.1 Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.2 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.3.3 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.1.6.3.4 Mexico: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2 Europe Organ Care Products Market Revenue and Forecasts To 2028
10.2.1 Overview
10.2.2 Europe: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.3 Europe: : Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.4 Europe: : Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.5 Europe: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6 Europe: Organ Care Products Market, by Country, 2021 & 2028 (%)
10.2.6.1 Germany: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.1.1 Germany: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.1.2 Germany: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.1.3 Germany: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.1.4 Germany: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6.2 France: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.2.1 France: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.2.2 France: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.2.3 France: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.2.4 France: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6.3 UK: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.3.1 UK: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.3.2 UK: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.3.3 UK: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.3.4 UK: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6.4 Italy: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.4.1 Italy: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.4.2 Italy: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.4.3 Italy: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.4.4 Italy: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6.5 Spain: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.5.1 Spain: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.5.2 Spain: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.5.3 Spain: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.5.4 Spain: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.2.6.6 Rest of Europe: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.6.1 Rest of Europe: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.6.2 Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.2.6.6.3 Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.2.6.6.4 Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3 Asia Pacific Organ Care Products Market Revenue and Forecasts To 2028
10.3.1 Overview
10.3.2 Asia Pacific Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.3 Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.4 Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.5 Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6 Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Country (%)
10.3.6.1 Japan: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.1.1 Japan: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.1.2 Japan: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.1.3 Japan: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.1.4 Japan: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6.2 China: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.2.1 China: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.2.2 China: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.2.3 China: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.2.4 China: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6.3 India: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.3.1 India: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.3.2 India: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.3.3 India: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.3.4 India: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6.4 South Korea: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.4.1 South Korea: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.4.2 South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.4.3 South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.4.4 South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6.5 Australia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.5.1 Australia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.5.2 Australia: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.5.3 Australia: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.5.4 Australia: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.3.6.6 Rest of Asia Pacific: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.6.1 Rest of Asia Pacific: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.6.2 Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.3.6.6.3 Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.3.6.6.4 Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.4 Middle East & Africa Organ Care Products Market Revenue and Forecasts To 2028
10.4.1 Overview
10.4.2 Middle East & Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.3 Middle East & Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
10.4.4 Middle East & Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.4.5 Middle East & Africa: Organ Care Products Market Revenue And Forecasts to 2028, By End User (US$ Million)
10.4.6 Middle East & Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Country (%)
10.4.6.1 UAE: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.1.1 UAE: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.1.2 UAE: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.4.6.1.3 UAE: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.4.6.1.4 UAE: Organ Care Products Market Revenue and Forecasts to 2028, By End User(US$ Million)
10.4.6.2 South Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.2.1 South Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.2.2 South Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.4.6.2.3 South Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.4.6.2.4 South Africa: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.4.6.3 Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.3.1 Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.3.2 Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.4.6.3.3 Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.4.6.3.4 Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028, By End User(US$ Million)
10.4.6.4 Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.4.1 Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
10.4.6.4.2 Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.4.6.4.3 Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.4.6.4.4 Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.5 South And Central America: Organ Care Products Market Revenue and Forecasts To 2028
10.5.1 Overview
10.5.2 South and Central America: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.3 South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.5.4 South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.5.5 South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.5.6 South and Central America: Organ Care Products Market, by Country, 2021 & 2028 (%)
10.5.6.1 Brazil: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.1.1 Brazil: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.1.2 Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.5.6.1.3 Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.5.6.1.4 Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.5.6.2 Argentina: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.2.1 Argentina: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.2.2 Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.5.6.2.3 Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.5.6.2.4 Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.5.6.3 Rest of South and Central America: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.3.1 Rest of South and Central America: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
10.5.6.3.2 Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
10.5.6.3.3 Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
10.5.6.3.4 Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
11. Impact Of COVID-19 Pandemic on Organ Care Products Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Organ Care Products Market –Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Organ Care Products Market
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 TransMedics
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 XVIVO Perfusion
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 Bridge to Life Ltd
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 Paragonix Technologies, Inc
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 OrganOx Limited
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
13.6 Waters Medical Systems LLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Organ Recovery Systems
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Accord Healthcare
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Dr. Franz Koehler Chemie GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Preservation Solutions, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 2. North America Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 3. North America Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 4. US: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 5. US: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 6. US: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 7. Canada Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 8. Canada Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 9. Canada Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 10. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 11. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 12. Mexico Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 13. Europe: : Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 14. Europe: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 15. Europe: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 16. Germany: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 17. Germany: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 18. Germany: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 19. France: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 20. France: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 21. France: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 22. UK: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 23. UK: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 24. UK: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 25. Italy: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 26. Italy: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 27. Italy: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 28. Spain: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 29. Spain: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 30. Spain: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 31. Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 32. Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 33. Rest of Europe: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 34. Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million).
Table 35. Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million).
Table 36. Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 37. Japan: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 38. Japan: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 39. Japan: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 40. China: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 41. China: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 42. China: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 43. India: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 44. India: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 45. India: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 46. South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 47. South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 48. South Korea: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 49. Australia: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 50. Australia: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 51. Australia: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 52. Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 53. Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 54. Rest of Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 55. Middle East & Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
Table 56. Middle East & Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Organ Type (US$ Million)
Table 57. Middle East & Africa: Organ Care Products Market Revenue And Forecasts to 2028, By End User (US$ Million)
Table 58. UAE: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
Table 59. UAE: Organ Care Products Market Revenue And Forecasts to 2028, By Organ Type (US$ Million)
Table 60. UAE: Organ Care Products Market Revenue And Forecasts to 2028, By End User(US$ Million)
Table 61. South Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
Table 62. South Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Organ Type (US$ Million)
Table 63. South Africa: Organ Care Products Market Revenue And Forecasts to 2028, By End User(US$ Million)
Table 64. Saudi Arabia: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
Table 65. Saudi Arabia: Organ Care Products Market Revenue And Forecasts to 2028, By Organ Type (US$ Million)
Table 66. Saudi Arabia: Organ Care Products Market Revenue And Forecasts to 2028, By End User(US$ Million)
Table 67. Rest of Middle East and Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Modality (US$ Million)
Table 68. Rest of Middle East and Africa: Organ Care Products Market Revenue And Forecasts to 2028, By Organ Type (US$ Million)
Table 69. Rest of Middle East and Africa: Organ Care Products Market Revenue And Forecasts to 2028, By End User (US$ Million)
Table 70. South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million
Table 71. South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 72. South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 73. Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 74. Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 75. Brazil: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 76. Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 77. Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 78. Argentina: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 79. Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 80. Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By Organ Type (US$ Million)
Table 81. Rest of South and Central America: Organ Care Products Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 82. Recent Inorganic Growth Strategies in the Organ Care Products Market
Table 83. Recent Organic Growth Strategies in the Organ Care Products Market
Table 84. Glossary of Terms
LIST OF FIGURES
Figure 1. Organ Care Products Market Segmentation
Figure 2. Organ Care Products Market– By Geography
Figure 3. Organ Care Products Market Overview
Figure 4. Kidney Segment Held Largest Share of Organ Care Products Market by Organ Type
Figure 5. Asia Pacific to Show Significant Growth During Forecast Period
Figure 6. Organ Care Products Market, by Geography (US$ Million)
Figure 7. Global Organ Care Products Market– Leading Country Markets (US$ Million)
Figure 8. Global Organ Care Products Market, Industry Landscape
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. Asia Pacific: PEST Analysis
Figure 12. Middle East and Africa: PEST Analysis
Figure 13. South And Central America: PEST Analysis
Figure 14. Experts Opinion
Figure 15. Organ care products market impact analysis of driver and restraints
Figure 16. Global Organ Care Products Market – Revenue Forecast and Analysis – 2021 - 2028.
Figure 17. Global Organ Care Products Market– By Geography Forecast and Analysis – 2021- 2028
Figure 18. Market Positioning of Key Players in Global Organ Care Products Market
Figure 19. Global Organ Care Products Market Share, by Modality - 2021 & 2028 (%)
Figure 20. Trolley: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Portable: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million).
Figure 22. Global Organ Care Products Market Share, by Organ Type - 2021 & 2028 (%)
Figure 23. Kidney: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Liver: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. Heart: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Lungs: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. Others: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 28. Global Organ Care Products Market Share, by End User- 2021 & 2028 (%)
Figure 29. Hospitals: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 30. Ambulatory Surgical Centers: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)...
Figure 32. North America: Organ Care Products Market, by Key Country – Revenue (2021) (US$ Million)
Figure 33. North America Organ Care Products Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: Organ Care Products Market, by Country, 2021 & 2028 (%)
Figure 35. US: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million).
Figure 37. Mexico: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Organ Care Products Market, by Key Country – Revenue (2021) (US$ Million)
Figure 39. Europe: Organ Care Products Market Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Organ Care Products Market, by Country, 2021 & 2028 (%)
Figure 41. Germany: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. France: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. UK: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Italy: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Spain: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Rest of Europe: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Asia Pacific Organ Care Products Market Overview, by Country (2021)
Figure 48. Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 49. Asia Pacific: Organ Care Products Market Revenue and Forecasts to 2028, By Country (%)
Figure 50. Japan: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 51. China: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 52. India: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 53. South Korea: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 54. Australia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 55. Rest of Asia Pacific: Organ Care Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Middle East & Africa Organ Care Products Market Revenue Overview, by Country (2021) (US$ Million)
Figure 57. Middle East & Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 58. Middle East & Africa: Organ Care Products Market Revenue and Forecasts to 2028, By Country (%)
Figure 59. UAE: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 60. South Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 61. Saudi Arabia: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 62. Rest of Middle East and Africa: Organ Care Products Market Revenue and Forecasts to 2028 (US$ Million)
Figure 63. South and Central America: Organ Care Products Market, by Key Country – Revenue (2021) (US$ Million)
Figure 64. South and Central America Organ Care Products Market Revenue and Forecast to 2028 (US$ Million)
Figure 65. South and Central America: Organ Care Products Market, by Country, 2021 & 2028 (%)
Figure 66. Brazil: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 67. Argentina: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of South and Central America: Organ Care Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic in North American Country Markets
Figure 70. Impact of COVID-19 Pandemic in European Country Markets
Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 73. Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets..
Figure 74. Growth Strategies in the Organ Care Products Market
The List of Companies - Organ Care Products Market
- TransMedics
- Bridge to Life Ltd
- Paragonix Technologies, Inc
- OrganOx Limited
- Waters Medical Systems LLC
- Organ Recovery Systems
- Accord Healthcare
- Dr. Franz Koehler Chemie GmbH
- Preservation Solutions, Inc.
- XVIVO Perfusion
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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