According to the recent research report titled ‘Organ Care Products Market Size By Organ Type (Kidney, Liver, Heart, Lungs), By Product Type (Trolly, Portable), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global organ care products market is anticipated to grow substantially over 2021-2027.
 

As per the findings of the research report, increasing technological advances, rising number of transplantation procedures, and growing incidences of organ failure are the key factors fueling global organ care products market growth.
 

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Organ transplant is usually the last option in cases of organ failure, and it is only used in extreme circumstances or emergency medical conditions. In such circumstances, a deceased or living person's organ or healthy organ for transplant is transferred into the organ transplant patient, giving them a new life. Heart, liver, pancreas, intestine, kidneys, and lungs are the organs that can be transplanted, however, recently, body and face transplants are also being performed.
 

For the record, World Health Organization (WHO) estimates that about 126,670 solid organ transplants were performed in 2015, with 27,759 liver transplants (21.0%), 7,023 heart transplants, 84,347 kidney transplants (41.8%), about 5,046 lung transplants, more than 2,299 pancreatic transplants, and about 196 small bowel transplants.
 

Elaborating on organ type, global organ care products market from lungs segment is expected to record 13.7% CAGR over the coming years, owing to increasing cases of COVID-19 and rising incidences of lung failure.
 

With respect to product type, portable segment held 41% of overall market share and is projected to expand significantly over the forecast period, attributable to growing adoption of portable devices due to their ease of use and affordability.
 

From the regional terrain, North America held around 63% of global organ care products industry share in 2020 and is projected to witness considerable growth by the year 2027, creditable to growing presence of major players and escalating demand for transplants.
 

Leading companies influencing global organ care products market trends are Preservation Solution Inc., IGL (Indraprastha Gas Ltd.), Organ Recovery Systems Inc., OrganOx Ltd., Organ Assist B.V., Xvivo Perfusion AB, Bridge to Life Ltd., and TransMedics Inc.