USD 230.89 million
Global Organ Preservation Market Size, Share, Growth Analysis, By Solutions(UW, Custodial HTK), By Technique(Static Cold Storage, Hypothermic), By Organ(Kidneys, Liver), By End User(Transplant Centers, Hospitals) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2061 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
117 |
Figures:
79
Global Organ Preservation Market Insights
Organ Preservation Market size was valued at USD 230.89 million in 2019 and is poised to grow from USD 246.64 million in 2023 to USD 410.24 million by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).
Organ preservation has been referred to as "the supply line for organ transplantation," and from a logistical perspective, "preservation" buys "time," which is necessary to set up personnel and facilities, transport organs, and carry out necessary laboratory testing. Modern transplant services have been made possible by the ability to employ the potent effects of chilling to delay biological degradation in organs separated from their typical physiological environment. The significant factor driving the growth of the organ preservation market in the aforementioned forecast period is the rising incidences of organ failures occurring globally amid the high growth of the geriatric population, along with the various regional authorities providing favorable regulations across the globe. Additionally, the market's overall expansion is accelerated by factors including planning activities and developing awareness campaigns to boost the number of organ donations and transplant surgeries performed globally.
Transplant rejection accounts for one-third of organ transplant failures. Although steroids can effectively treat acute transplant rejection (which is mostly mediated by antibodies), there is no cure for chronic rejection. Unexpected details regarding how antibodies in the recipient (alloantibodies) link to the human leukocyte antigen (HLA) on the transplant have been disclosed by a newly found structure. The creation of new treatments for chronic rejection will be guided by these revelations.
US Organ Preservation Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Kidney
Fastest Growth
Heart
Growth Rate
6.8% CAGR
Global Organ Preservation Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Organ Preservation Market Size By Organ 2021-2028 ($ Bn)
Global Organ Preservation Market Size By Organ 2021-2028 (%)
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Global Organ Preservation Market Segmental Analysis
Global organ preservation market is segmented based on the product, end user, and region. Based on the solution, the global organ preservation market is segmented into UW, custodial HTK, and perfadex. Based on technique the global organ preservation market is segmented into static cold storage, hypothermic, and normothermic. Based on the organ, the global organ preservation market is segmented into kidneys, liver, and heart. Based on end-user, the global organ preservation market is segmented into transplant centers, hospitals, and specialty clinics. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Organ Preservation Market Analysis by Solution
The University of Wisconsin (UW) had the greatest share in 2021 as a result of the solution's increased utilization and several benefits. In comparison to previous treatments, the solution enables the preservation of human liver transplants for a period of time greater than 15 hours. Additionally, it makes it simple to transfer organs safely across long distances. It primarily aids in liver preservation and raises the success percentage of liver transplantation. It is projected that rising liver transplantation rates would fuel market expansion.
Over the projection period, the perfadex category is predicted to see the quickest CAGR. This treatment is designed primarily to protect the integrity and functionality of endothelium-rich organs during cold ischemia storage and flushing prior to reperfusion and transplantation. Although it is primarily utilised to protect the lungs, this solution can also be used to save other organs. Therefore, it is projected that these benefits would encourage segment expansion over the projection period.
Organ Preservation Market Analysis by Organ
In 2021, the kidney market category had the biggest market share. The main factors impacting the market growth are the rising number of renal failure sufferers and kidney transplant surgeries worldwide. In the United States, around 37.00 million people have chronic kidney disease, and nearly 726,000 people per year have end-stage renal disease, according to a report released by the NHS in 2020. It is also projected that various kidney transplant awareness campaigns would aid in segment expansion. For instance, the NHS started the "Advancing American Kidney Health" Initiative with the goal of bettering the lives of kidney disease patients in the United States.
Over the projection period, the heart category is predicted to see the quickest CAGR. Over the projection period, the segment's growth is anticipated to be driven by the increasing number of heart transplant operations. According to a study released by the Health Resources & Services Administration, about 3,408 heart transplant surgeries were carried out in 2020, compared to around 3,273 treatments carried out in the U.S. in 2017. In the upcoming years, it is projected that this tendency will fuel the segment's expansion.
Organ Preservation Market Analysis by Technique
As a result of its broad application and rising utilisation, the static cold storage market had the biggest share in 2019. Kidney preservation makes extensive use of static cold storage. The preservation of other organs is also done with it, though. The expansion of the category is also projected to be aided by the existence of several market participants that offer static cold storage.
Over the projected period, the normothermic machine perfusion segment is predicted to see the quickest CAGR. With this method, the organ receives enough nourishment and oxygen to support aerobic metabolism. Additionally, it lowers the possibility of post-transplant adverse effects and contributes to better transplant results. Although it is primarily used to save the liver, it also effectively preserves other organs. Therefore, throughout the course of the projected period, these benefits are anticipated to foster market expansion.
Global Organ Preservation Market By Organ , 2021(%), 2023 (%)
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Global Organ Preservation Market Regional Insights
In 2021, North America accounted for the biggest market share, and it is anticipated that it will continue to dominate over the projected period. The main drivers of growth are the increasing adoption of cutting-edge healthcare technology, the high prevalence of chronic renal disease and heart failure, improved reimbursement rules, and rising investments in expanding healthcare infrastructure. The regional market is also anticipated to rise as a result of the ageing population and an increase in organ transplant surgeries.
Due to rising healthcare costs, patient awareness, and a growing demand for organ transplant operations, Asia Pacific is expected to see the fastest increase throughout the projection period. In the years to come, it is also projected that the ageing population, increased rates of renal and heart failure, and rising healthcare costs would all contribute to the market's expansion.
Global Organ Preservation Market By Geography, 2021 - 2028, 2024-2031
- Largest
- Fastest
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Global Organ Preservation Market Dynamics
Organ Preservation Market Driver
- One of the most frequent causes of mortality in ICUs is multiple organ failure, which is mostly brought on by sepsis. According to estimates, up to 20% of individuals with sepsis exhibit acute respiratory failure and 26–50% develop acute renal failure (Society of Critical Care Medicine). Acute renal failure is more common in the elderly due to age-related declines in renal plasma flow and glomerular filtration rate. Diabetes makes people more susceptible to both of these diseases and multiple organ failure. Geriatric patients are more likely to have illnesses including TB and liver cirrhosis, which may necessitate organ transplantation.
- The proportion of elderly persons undergoing organ transplants has increased, which has a significant influence on the number of organ transplantation procedures performed, according to the Organ Procurement and Transplantation Network. For instance, the number of organ transplants in the over-65 age category increased in the US from 8,691 in 2019 to 8,895 in 2021. According to the UN World Population Ageing Report, there were 728 million individuals in the world who were 65 or older in 2020; this number is predicted to reach 1.5 billion by 2050, indicating the possibility of rising demand. Due to this demographic segment's high sensitivity to illnesses that cause organ failure, its increase will be a significant factor in the market's expansion.
Organ Preservation Market Restraint
- Organ transplantation requires a lot of resources, including highly compensated doctors and surgeons, pricy transportation, and expensive medications. The whole cost is increased by the fees for inpatient treatment, organ procurement, preservation, post-operative recipient care, and anti-rejection drugs. For assessment or follow-up appointments arranged at the transplant centre for a recommended length of medical care, patients must additionally pay additional expenses for travel, housing, meals, hospital visits, and other medical tests.
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Global Organ Preservation Market Competitive Landscape
The global organ preservation market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Top Player in the Global Organ Preservation Market
- Organ Recovery Systems
- XVIVO Perfusion
- Paragonix Technologies
- Bridge to Life
- TransMedics
- Preservation Solutions Inc.
- 21st Century Medicine
- Dr. Franz Köhler Chemie GmbH
- BioLife Solutions Inc.
- Waters Medical Systems LLC
- IGL Transplantation Services
- CryoLife
- Lifeline Scientific
- Cytosol Laboratories Inc.
- Lifor Medtech
- Scinovia Corporation
- Teva Pharmaceutical Industries Ltd.
- OrganOx
- Organ Assist
- Organ Transport Systems Inc.
Organ Preservation Market Recent Developments
- In August 2021, he LIVERguard Donor Liver Preservation System was introduced by Paragonix Technologies in the US and Europe. This tactic boosted Paragonix's global footprint and broadened their range of products.
- In June 2021, in order to grow its company and have access to a wide network of transplantation clinics in Brazil, the biggest nation in Latin America, XVIVO Perfusion teamed with Contatti Medical (Brazil.
Global Organ Preservation Key Market Trends
- To provide better healthcare services, governments all around the world are concentrating on bolstering their healthcare infrastructures. For instance, the Brihanmumbai Municipal Corporation in India set aside around USD 924 million (INR 7,000 crore), or 15% of its budget for 2022–2023, to improve health services and create 100 health clinics with more than 100 diagnostic tests for preventative and primary treatment in BMC regions. There will be more hospitals that handle more brain-dead people who could make good donors as a result of these infrastructure upgrades. The time involved with donor-recipient cross-matching, subject profiling, genotyping, and other associated diagnostic tests during the pre-transplantation phase will also be improved by the growth in testing labs. It is anticipated that these discoveries would open up new potential for the organ preservation sector.
Global Organ Preservation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global organ preservation market analysis, in terms of solution, the UW segment held the largest share in the market as it makes it simple to transfer organs safely across long distances. It primarily aids in liver preservation and raises the success percentage of liver transplantation. By organ the kidney segment held the largest share in the market, the main factors impacting the market growth are the rising number of renal failure sufferers and kidney transplant surgeries worldwide. And by region, North America accounted for the biggest market share, and it is anticipated that it will continue to dominate over the projected period. The main drivers of growth are the increasing adoption of cutting-edge healthcare technology, the high prevalence of chronic renal disease and heart failure, improved reimbursement rules, and rising investments in expanding healthcare infrastructure.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 230.89 million |
| Market size value in 2031 | USD 410.24 million |
| Growth Rate | 6.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Organ Preservation Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Organ Preservation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Organ Preservation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Organ Preservation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Organ Preservation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Organ Preservation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Organ Preservation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Organ Preservation Market Report Snapshots
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