Skip to main content

Why Dynamics of Organ Care System Market for Liver Is Changing Drastically? What If History Is Any Guide?

  The COVID-19 outbreak has helped the global organ care system market to grow at a positive rate. The manufactures of the industry are investing more in R&D activities to grow exponentially during the forecast period.

The COVID-19 pandemic has positively impacted the global Organ care system (OCS) for liver market and a slight increase in the growth rate is observed from the previous predictions. As per new Research Dive published report, the global OCS for liver market is anticipated to grow at a CAGR of 9.3% by 2026, generating a revenue of $42.7 million in the period of forecast from 2019 to 2026. To better understand the pandemic effect on the global market, the report includes comprehensive analysis on growth opportunities, restraints, drivers, vital segments, and strategies adopted by major market players.

For More Detail Insights, Download FREE Sample at: https://www.researchdive.com/download-sample/253

Highlights of the Report

As per our analysts, the rising cases of end stage liver failure coupled with the increasing number of liver transplants carried out all over the world is a significant factor impelling the growth of global OCS for liver market. The projected market size for the OCS for liver industry prior to COVID-19 chaos was $24.8 million in 2020 and this number is predicted to increase up to $25.2 million post-coronavirus pandemic. The growing prevalence of chronic diseases in liver and the rising consumption of alcohol are other factors responsible for the market growth. Conversely, the unavailability of donors and the high costs associated for treatment of liver disease are likely to restrict the market growth during the forecast period.

Implementing Several Strategies to Grow Exponentially Pandemic Crisis

The leading players of the OCS for liver industry OrganOx Limited, TransMedics Inc., Preservation Solution Inc., Organ Assist B.V., Organ Transport System Inc., Preservation Solution Inc., Bridge to Life Ltd., Paragonix Technologies Inc., Water Medical System LLC, Organ Recovery Systems Inc., and XVIVO Perfusion AB. These players are investing more in research and development activities to grow exponentially and maintain a strong market position.

Connect with Our Analyst to Contextualize Our Insights for Your Business: https://www.researchdive.com/connect-to-analyst/253

For instance, Transmedics along with J.P Morgan and Morgan Stanley initiated offering successive trials showing decreased complications in transplant of liver.

Moreover, in January 2019, the UK national institute for health and care approved the liver perfusion machine of OrganOx. This technology is addressed as a ‘game changer’ by many industry experts.

Global Industry to Witness Impressive Growth Post-COVID-19 Chaos

Research Dive states that the global OCS for liver market is anticipated to experience a robust growth post-coronavirus pandemic. In order to meet the demand of supply, the manufacturers of the industry are taking efforts t advance and improve the organ care systems. Moreover, the rising demand for OCS and the growing cases of liver chronic diseases are factors predicted to propel the market growth after COVID-19 pandemic.

Contact Us:

Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
Toll Free : +1 -888-961-4454
Email: support@researchdive.com
LinkedIn: https://www.linkedin.com/company/research-dive
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive
Blog: https://www.researchdive.com/blog
Follow us on: https://covid-19-market-insights.blogspot.com

Comments

Post a Comment

Popular posts from this blog

Growth Outlook: Healthcare Gamification Market Expand their Businesses with New Investments

   Download FREE Sample The healthcare gamification market share is predicted to grow at a CAGR of 11.9% by generating a revenue of $47,281.5 Million by 2026. Gamification includes applying the techniques used in game, mechanics of game, and game style in non-gaming applications to engage the audience and make the dull task into more fun and engaging. Basically it is an application of elements in video games, which helps to solve the everyday problem and enables the user to change the behavior, develop skills and enable innovation in health care. The  goal of the gamification  is to change the behavior of the patient. The increase in the wearables and health & wellness app with gamification is the strong sign that the people are liking it. The increase in the usage of digitalization and the technology adoption are expected to drive the healthcare gamification market. Many companies are using the digital platform for the people to check their health data. For...
Post a Comment
Read more

COVID-19 Impact: What Challenges Hand Sanitizer Market May See In Next 5 Years?

   Inquire Here Before Purchase and Get FREE Sample The communal transmission of COVID-19 has created a significant impact on the hand sanitizer market growth, throughout the projected timeframe. The growth of the global hand sanitizer market is mainly driven by the rising concern about personal safety among the customers. Furthermore, the extensively growing prevalence of viral disorders globally is also creating a huge demand for hand sanitizers, in the review period. Though the businesses across the globe have strictly imposed lockdown in order to reduce the impact of the pandemic spread, the  global hand sanitizer industry  has shown exponential growth. The ventures involved with hand sanitizer production are adopting numerous strategic steps like product & technology advancements, strategic tie-ups. For example, in June 2020, Procter & Gamble (P&G), has made an announcement to launch of newly invented ‘safeguard sanitizer’. In addition, the enterpris...
Post a Comment
Read more

What are the Left Atrial Appendage Closure Devices Market Key Insights and COVID-19 Business Impact?

   Download FREE Sample Connect with Analyst The COVID-19 outbreak has significantly affected the global left atrial appendage closure devices market. As per American Heart Association, people having high blood pressure, heart valve disease and congenital heart diseases are expected to develop severe coronavirus symptoms. Also, this virus can generate heart strokes through weakening of muscles of the heart. These fators will boost the demand for left atrial appendage closure divices and surge the market growth during the pandemic. Furthermore, the leading manufactures in the global market are adopting various strategies such as product innovations and partnerships to increase their market share in the overall industry. For example, in July 2020, Boston Scientific Corporation announced that the “Watchman FLX left atrial appendage closure device” has been approved by U.S. Food and Drug Administration, which is used to minimize the threat of heart stroke in patients. The stroke r...
Post a Comment
Read more