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Global Carbon Dioxide Market to Expand at 4.9% CAGR, Valued at USD 8.91 Billion in 2023

Posted by Aarti Ghodke on September 23, 2024 at 3:11am 0 Comments

Carbon Dioxide Market Overview



The global carbon dioxide (CO2) market was valued at USD 8.91 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% over the forecast period, reaching approximately USD 12.46 billion by 2030. This growth is fueled by the diverse applications of CO2 across various industries, including food and beverages, oil and gas, and medical fields. Despite its role as a key contributor to climate change, carbon dioxide remains… Continue

What is Muscle Soreness?

Posted by Alex Smith on September 23, 2024 at 3:07am 0 Comments

This is damage to muscle cells, or more precisely, it is the recovery process of damaged muscles. It is the “repair” process that is reflected in the pain felt in the target muscles. This also explains why the pain is not felt immediately. Recovery does not happen immediately.



First, the body must recognize the need for such repair and the absence of physiological irritants (repeated training). If you do not give time for recovery, the body will still start recovery, but in a more… Continue

Best Steel Pipe Manufacturer in Europe

Posted by David D"souza on September 23, 2024 at 3:06am 0 Comments







PipingProjects.eu is one of the leading Steel Pipe Manufacturers in Europe. Steel, a very resilient and versatile metal alloy mostly composed of iron and carbon with varying amounts of manganese, nickel, chromium, and molybdenum…

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Packaging Foams Market Industry Analysis, Emerging Trends And Forecast 2029

Posted by Akash Ra on September 23, 2024 at 3:01am 0 Comments

Packaging Foams Market Overview

The report analyzed by Maximize Market Research, on the Packaging Foams Market, covers an extensive regional analysis and competitive landscape.

Packaging Foams Market Report Scope and Research Methodology

The Packaging Foams Market report helps shed light on the most recent trends and advancements. The aftereffects of COVID-19 on the growth and aggrandizement of Packaging Foams Market are discussed at length. This section also delves into…

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Organ Preservation Market - Future Revenue Growth Driving Factors

Organ Preservation Market Study - Research Methodologies Followed:

Primary Research:

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side and demand side are detailed below. Industry experts such as CEOs, presidents, vice presidents, directors, marketing directors, marketing managers, and related executives from various key companies and organizations in the organ preservation industry were interviewed to obtain and verify both the qualitative and quantitative aspects of this research study. A robust primary research methodology has been adopted to validate the contents of the report and fill in the gaps.

Secondary Research:

This research study involved the use of comprehensive secondary sources; directories and databases such as D&B, Bloomberg Business, and Factiva; and white papers, annual reports, and companies’ house documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the organ preservation market. It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, technology perspectives, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.

Recent Developments:

# In 2021, Paragonix Technologies launched the LIVERguard Donor Liver Preservation System in both the US and Europe. This strategy expanded Paragonixs’ product offerings and strengthened their geographic presence.

# In 2021, XVIVO Perfusion partnered with Contatti Medical (Brazil) to expand its business and gain access to a comprehensive network of transplantation centers in Latin America's largest country, Brazil.

# In 2021, Institut Georges Lopez (Igl) (France) expanded its presence by setting up a manufacturing facility in Cheyyar, Tamil Nadu, India, for manufacturing medical devices and solutions for flushing and preservation of organs.

# In 2021, Transmedics received premarket approval from the FDA for the OCS Heart System to be used with organs from donors after brain death (DBD).

# In 2020, Dr. Franz Köhler Chemie GmbH (Germany) entered into a joint venture with Melchers Group and CICEL (Germany) to establish Köhler Pharmaceuticals (Beijing) Ltd. in China for the distribution of Custodiol HTK solutions for cardiac and transplant surgery in the Chinese market.

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Driver: Growing geriatric population and subsequent growth in cases of multiple organ failure

Multiple organ failure is among the most common causes of death in ICUs, mainly caused by sepsis. It is estimated that 26–50% of patients diagnosed with sepsis develop acute renal failure, and up to 20% show acute respiratory failure (Source: Society of Critical Care Medicine). The elderly are at a higher risk of acute renal failure due to an age-related decline in the glomerular filtration rate and the renal plasma flow.

Diabetes also increases the vulnerability to these conditions and multiple organ failure. Diseases such as tuberculosis and liver cirrhosis are more common among geriatric individuals and may make it necessary for individuals to undergo organ transplants.

Restraint: High cost of organ transplantation

Organ transplantation is a resource-intensive procedure involving highly paid doctors and surgeons, expensive transportation, and pricey drugs that make it expensive. The charges associated with inpatient care, organ procurement, preservation, post-operative recipient care, and anti-rejection medication increase the overall cost. Patients also need to incur additional costs of traveling, lodging, meals, hospital visits, and other medical testing expenditures for evaluation or follow-ups scheduled at the transplant center for an advised time period of medical supervision. For low-income patients, such expenses directly compete with expenditure on necessities such as food, clothing, and shelter, which often renders organ transplantation procedures inaccessible without external aid.

Challenge: Significant gap between the number of organs donated and organs required annually

Currently, there is a significant gap between the number of organs donated and the number of organs required. In the US, the total number of patients on the waiting list for organs was over 100,000 (106,588 as of January 2022). Only 41,354 transplants were performed by the end of 2021 (Source: Organ Procurement and Transplantation Network, US). The limited number of organs donated annually is mainly due to a lack of awareness related to organ donation, poor legislative measures, and the increased risk of organ trafficking. Governments of various countries are also implementing reformed laws (such as opt-out laws that presume every citizen is an organ donor except for some exempted conditions) and initiatives to encourage people to donate organs.

Opportunity: Growing healthcare investments

Governments across the globe are focusing on strengthening their healthcare infrastructures to provide enhanced healthcare facilities. For example, in India, the Brihanmumbai Municipal Corporation allocated nearly USD 924 million (INR 7,000 crore) or 15% of its 2022–2023 budget to upgrade health services and establish 100 health centers with more than 100 diagnostic tests for preventive and primary treatment in BMC areas. These infrastructural developments will lead to an increased number of hospitals that treat more brain-dead patients who might be suitable donors. The increasing number of testing laboratories will also improve the time concerned with donor-recipient cross-matching, subject profiling, genotyping, and other related diagnostic tests during the pre-transplantation period. These developments are expected to create new opportunities for the organ preservation market.

End Users:

The organ transplant centers segment accounted for the largest share of the organ preservation market in 2020
Based on end user, the market is segmented into organ transplant centers, hospitals, and specialty clinics. The organ transplant centers segment accounted for the largest share of the organ preservation market in 2020. The increasing number of transplant centers across the globe is the key factor driving the acceptance of this end-user segment and propelling the market growth.

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Projected Revenue Surge:

The organ preservation market is projected to reach USD 317 million by 2026 from USD 230 million in 2021, at a CAGR of 6.6%.

Geographical Growth Dynamics:

North America accounted for the largest share of the organ preservation market in 2020

In 2020, North America accounted for the largest share of the market, followed by the Asia Pacific, Europe, Latin America, and the Middle East & Africa. The large share of this region can be attributed to factors such as the growing demand for and adoption of organ transplantation as a result of the rising number of chronic diseases such as end-stage diseases. The need for preservation solutions to protect the viability of organs in ex-vivo environments in the region is also a key factor contributing to the large share of North America in the organ preservation market.

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