Organ Preservation Market is Driven by the Increasing Cases of Multi-Organ Failure

NEW YORK - Nov. 17, 2023 - PRLog -- The organ preservation market will grow at a rate of 7.7% by the end of this decade, to touch USD 442.6 million by 2030. This has a lot to do with the increasing cases of multi-organ failure, the growing count of organ transplants and organ donors, and the rising elderly population.

For example, according to the UNOS, over 42,800 organ transplants occurred in 2022 in the U.S., an increase of 3.7% as opposed to 2021.

One of the utmost common grounds of death in ICUs is multiple organ failure, occurring attributable to septicemia. As per a journal, it is estimated that the fatality rate because of septic shock & multiple organ dysfunction syndromes, if not treated on time, could be about 28–56%.

Furthermore, the elderly populace is in danger of suffering from acute renal failure diagnosed with sepsis, demonstrating a rate of up to 20% of acute respiratory failure. This is due to an age-linked reduction in the renal plasma flow and glomerular filtration rate.

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The organ transplant centers category will have the fastest growth in the industry in the next seven years, on the basis of end-user. This is because of the increasing count of transplant centers at a global level, highly equipped with tech advanced products and the state-of-the-art techniques. In these facilities, organs can be preserved easily for a long time and also remain viable.

Moreover, the growing consciousness in patients and doctors pertaining to the obtainability of specialized doctors in these establishments and surgeons for performing the procedures is powering the demand for organ preservation.

Due to the rising cases of multi-organ failure all over the world is directly proportional to the increasing demand for organ preservation. And, this trend will continue in the years to come as well.