Market Definition
The organ preservation market involves the development, production, and application of solutions and technologies used to maintain the viability of organs between the time of donation and transplantation. This market includes preservation solutions, hypothermic machine perfusion systems, normothermic machine perfusion systems, and various organ transport systems, all aimed at extending the preservation time and improving the quality of transplanted organs.
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Market Outlook
The global organ preservation market is experiencing significant growth driven by the rising incidence of organ failure, the increasing number of organ transplants, and advancements in preservation techniques. Key factors contributing to market expansion include the growing prevalence of chronic diseases, the shortage of donor organs, and the advancements in preservation methods that enhance organ viability and transplantation success rates.
One of the primary drivers of this market is the increasing number of organ transplants performed globally, necessitating efficient preservation methods to ensure organ viability. Additionally, the development of advanced preservation solutions and technologies, such as hypothermic and normothermic machine perfusion, is further propelling market growth. These technologies improve the quality of preserved organs, reduce the risk of organ damage, and extend preservation times, thereby enhancing the success rates of transplants.
However, challenges such as the high cost of advanced preservation technologies, ethical issues surrounding organ donation, and the limited availability of donor organs may pose significant considerations for stakeholders. Despite these challenges, the market is expected to continue growing due to ongoing innovations in preservation techniques, increasing public and private funding, and the rising demand for effective organ preservation solutions to address the global organ shortage crisis.
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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.
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
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