Home » News » Markets » Currency » How will the organ care system for the heart market develop ahead despite the COVID-19 chaos? – Illadel Graff supply
The explosion of the COVID-19 pandemic has left a positive impact on the global organ care system for the growth of the heart market. Rising cases of congestive heart failure (CHF) during the coronavirus pandemic are fueling the growth of the global market.
The latest Global Heart Organ Care System Market report released by Research Dive confers the effects of Coronavirus disease on current and future market growth. This report is exhaustive research brought to you by analysts by studying all important aspects including current market conditions, key drivers and restraints, opportunities, and the size and scope of the global market.
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Key Market Statistics
The COVID-19 pandemic has shown a positive impact on the global organ care system market for the heart market. The report states that the Global Heart Organ Care System Market was valued at $ 10.97 million in 2018 and is expected to collect revenue of $ 44.02 million growing at a CAGR of 19.4% d ‘by 2026. As it stands, the market has collected revenue of $ 15.6 million due to the effect of COVID-19 disease on the heart, leading to increased number of heart failure in the whole world.
Factors favoring market growth during the Covid-19 crisis
The global heart organ care systems market is estimated to experience incredible growth due to the growth of congestive heart failure (CHF) cases, during the covid-19 pandemic. Additionally, a senior surgeon employed at Beth Israel Deaconess Medical Center said COVID-19 patient deaths are typically due to organ failure, which complements the market’s progress throughout this period of crisis. However, the shortage of ventilators, lack of healthy organs, and insufficient medical personnel have resulted in a significant drop in the number of heart transplant operations, hampering the growth of the global market.
Current state of the market due to the coronavirus epidemic:
Some of the leading medical companies in this market are stepping forward and helping patients by offering advanced organ care systems during this pandemic time. The increase in R&D activities in North America to increase the storage life of the heart organ care system opens up beneficial opportunities for the market growth.
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The deadly COVID-19 virus is predicted to have an adverse effect on the heart, leading to cardiac arrest. According to a latest article, several medical professionals from China and Italy said patients with COVID-19 also suffered from heart problems as well as breathing problems. Hence, there is an increased demand for the organ care system for the heart during this catastrophic condition.
Future scope of the market:
According to the report, the global heart organ care system market is expected to experience relentless development after the coronavirus pandemic. Some of the major players including Organ Assists BV, Transplant Biomedical, TransMedics Inc., XVIVO Perfusion AB, Bridge to Life Ltd., Organ Recover Systems Inc., Paragonix Technologies Inc., Water Medical Systems LLC, Organ Transport Systems Inc., OrganOx Limited., And others are likely to invent and unveil innovative developments and create lucrative opportunities for market growth in the years to come.
Look for more statistical information on: https://www.prnewswire.com/news-releases/rising-occurrence-of-heart-failures-with-the-outbreak-of-covid-19-pandemic-to-propel-the-growth-of-organ- Diving-Heart-Market-Study-Care-System-301069967.html
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