Market Definition
The Organ Preservation market represents a critical sector within the healthcare industry, offering innovative solutions for the storage and transportation of organs intended for transplantation. Organ preservation techniques and products are essential for maintaining the viability and functionality of organs during the procurement, transport, and transplantation process. These solutions play a crucial role in extending the preservation time and improving the outcomes of organ transplantation procedures, thereby addressing the growing demand for life-saving organ transplants worldwide.
Market Outlook
The Organ Preservation market is experiencing significant growth, driven by the increasing prevalence of end-stage organ failure, the expanding pool of potential organ donors, and advancements in organ preservation technologies. As the demand for organ transplantation continues to rise, driven by factors such as aging populations, chronic diseases, and improved surgical techniques, the need for effective organ preservation solutions becomes increasingly critical, driving market expansion and innovation.
One of the primary drivers of growth in the Organ Preservation market is the increasing adoption of hypothermic organ preservation techniques, such as cold storage and machine perfusion, which enable the preservation of organs at low temperatures to slow down metabolic processes and reduce cellular damage during transport and storage. These techniques have revolutionized organ transplantation by extending the preservation time and improving the quality of organs available for transplantation, thereby increasing the likelihood of successful transplant outcomes.
Moreover, the growing emphasis on organ quality and outcomes in transplantation, coupled with advancements in regenerative medicine and tissue engineering, is driving market growth for novel organ preservation solutions that aim to improve organ quality, viability, and function. Emerging technologies such as normothermic machine perfusion and cryopreservation offer new opportunities for preserving organs under near-physiological conditions or long-term storage, potentially expanding the donor pool and improving transplant outcomes for patients in need.
Furthermore, the increasing focus on expanding access to transplantation and reducing organ shortages is driving market expansion for organ preservation solutions that enable the utilization of marginal or extended criteria donor organs. By improving organ quality and viability, optimizing preservation techniques, and enhancing transplant protocols, organ preservation technologies have the potential to increase the availability of organs for transplantation, reduce waiting times for patients on transplant waiting lists, and improve overall patient outcomes and quality of life.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The report analyses the global organ preservation market based on Organ Type, Preservation Technique, Solution, and region.
Global Organ Preservation Market by Organ Type
Based on organ type, it is segmented into kidneys, liver, lung, heart and others. Among these, removable brace segment accounted for significant market share in 2021. The kidney segment held the largest market share in 2019. Increasing cases of kidney failures and number of kidney transplant procedures across the globe are the major factors influencing the segment growth. According to a report published by the NHS in 2019, in the U.S. around 37.00 million patients suffer from chronic kidney disease and almost 726,000 suffer from end-stage renal disease every year. Various awareness campaign related to the benefits of kidney transplant is also anticipated to promote segment growth. For instance, NHS launched ‘Advancing American Kidney Health’ Initiative with an aim to improve the lives of patients suffering from kidney disease in the U.S.
Global Organ Preservation Market by Preservation Technique
Based on preservation technique, it is segmented into static cold storage, hypothermic machine perfusion, normothermic machine perfusion and others. Among them, normothermic machine perfusion segment is expected to experience the fastest growth rate during the forecast period. In this technique, the organ is provided with sufficient nutrition and oxygen that enables aerobic metabolism. It also helps to provide better transplantation outcomes and reduces the chance of post-transplantation side effects. It is majorly used for liver preservation but is also allows efficient preservation of other organs as well. Therefore, such advantages are expected to promote market growth over the forecast period.
Global Organ Preservation Market by Solution
Based on solution, it is segmented into university of wisconsin (UW), custodial HTK, perfadex, and others. Perfadex segment is anticipated to witness the fastest CAGR over the forecast period. This solution is specifically formulated to preserve the integrity and function of organs that are rich in endothelium at the time of cold ischemic storage and flushing before reperfusion and transplantation. This solution is majorly used for lung preservation but can be used to preserve other organs as well. Therefore, such advantages are anticipated to promote segment growth over the forecast period.
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Major Players
The key players in the market are Paragonix Technologies (US), XVIVO Perfusion AB (Sweden), Dr. Franz Köhler Chemie GmbH (Germany), Essential Pharmaceuticals, LLC (US), TransMedics (US), OrganOx Limited (UK), 21st Century Medicine (US),Shanghai Genext Medical Technology (China), Bridge to Life Limited (US), and Waters Medical Systems (US), among others.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Market Size in 2021 – $226.3 Million
- Market Size in 2031 – $444.3 Million
- CAGR % – 7.0%
- Historic Period – 2015 – 2020
- Forecast Period – 2022 – 2031
- Base Year – 2021
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