Product ID: SQMIG35D2061
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.
Global Organ Preservation Market Report Snapshots
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