USD 230.89 million
Organ Preservation Market Size, Share, Growth Analysis, By Solutions(UW, Custodial HTK, Perfadex), By Technique(Static Cold Storage, Hypothermic, Normothermic), By Organ(Kidneys, Liver, Heart), By End User(Transplant Centers, Hospitals, Specialty Clinics), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35D2061 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
117
|Figures:
79
Organ Preservation Market Insights
Organ Preservation Market size was valued at USD 230.89 million in 2022 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).
The global increase in organ failure cases, organ donation campaigns, the ageing population, and the presence of influential figures in both developed and developing nations are all contributing factors to the growing demand. The primary factors driving the market expansion are the rising number of organ transplant surgeries performed worldwide and the increase in cases of multiple organ failure. It is also expected that several awareness initiatives around the world will have a favorable effect on the business. Over the past thirty years, cardiovascular diseases (CVD) have emerged as a leading cause of both mortality and morbidity.
Globally, the most common cardiovascular diseases include coronary artery disease, arrhythmias, peripheral vascular disease, heart failure, and congenital heart defects. As compared to cancer and other chronic diseases, cardiovascular disease (CVD) is the leading cause of death in the United States, with around 92.1 million people living with a CVD. This information comes from an American Heart Association report from 2018. Heart transplant rates are expected to rise globally because of these cases, driving market expansion throughout the projected timeframe. The number of kidney transplants is predicted to rise in response to the rising incidence of chronic renal diseases and kidney failures.
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 Quantum Cryptography Market ($ Bn)
Country Share by North America (%)
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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
As per categorization by solution, the market is classified as university of Wisconsin Solution (UW solution), custodial HTK, perfadex, and other solutions. Among these, the University of Wisconsin Solution (UW solution) earned the largest share and continues to dominate the market. Due to its efficiency in prolonging the shelf life of transplantable organs, especially kidneys and livers, the Global organ preservation market has been captured by the University of Wisconsin (UW) Solution. This unique composition reduces organ cellular and metabolic activity damage while in the cold storage period, enhancing the success rates of the transplant. Developed contemporary methods U W Solution continues to be acceptable. With increasing number of transplant procedures, increasing research activity and proven ability to decrease ischemic damage, this organ preservation solution has become the most popular solution in the world.
The Custodial HTK Solution is anticipated to witness the highest growth in the global organ preservation market owing to its utility as it can preserve various organs like the heart, liver, and kidneys. It is a significant complex transplant solution as it can also maintain organ functioning even with long periods of cold ischemia due to its low viscosity. Its use is further enhanced as most modern surgeries require complex transplants where the cold storage of the organs is necessary to prolong the shelf life of the tissues. The increasing demand for organ transplantation leads to the market potential of HTK being driven by expanding clinical application, cost-effectiveness, and preference for preserving thoracic organs. Enhanced transplant techniques and other factors that lead to greater participation on the part of the transplant patients and the general population in organ importation activities make HTK one of the most promising organ preservation solutions.
Organ Preservation Market Analysis by Technique
The global organ preservation market is largely governed by the Static Cold Storage (SCS) system due to its ease of use, affordability, and practicality especially for organs such as kidneys, livers and hearts that require preservation. SCS provides a dependable short-term solution for storage and transportation of organs, as this method incorporates keeping the organs frozen in order to decrease any activity and therefore, avoid any ischemic injury. Additional cold storage improvements have made the method of cold storage its apparent use in most transplanting centers' operations. SCS is still the most practiced approach in organ transplants despite the existence of machine perfusion and other modern technologies as it requires little infrastructure, is very simple to use, and organ preservation solutions are still improving.
Due to its ability to effectively perfuse organ preservation solutions, enhancing oxygenation and nutrient supply into the organs, Dynamic Cold Storage (DCS) is expected to be the fastest growing segment in the globe organ preservation market share. In contrast to Static Cold Storage, DCS reduces the effects caused by ischemia and prolongs the organ preservation period especially in the case of risky or marginal organs. With the machines that enhance perfusion technology available, DCS makes it possible to do monitoring and evaluation continuously improving the success of the transplantation process. Better organ preservation techniques are becoming necessary as the scarcity of organs increases, coupled with the fact that DCS gives enhanced results, and it is receiving more acceptability in the clinical practice, makes it one of the key factors that will cause growth of the market in the years to come.
Global Organ Preservation Market By Solution (%)
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Organ Preservation Market Regional Insights
The global organ preservation market is primarily centered within North America, primarily due to the presence of advanced healthcare facilities and infrastructures, a high rate of organ transplant, and sufficient investment for research and development purposes. The region is characterized by the presence of well-established well, government support, and advanced preservation techniques like machine perfusion. Moreover, the presence of leading players in the market plus better understanding of organ donation also enhances the growth of the organ preservation market. Further, the age structure in the region as well as the growing number of chronic diseases increases the need for organ transplant which maintains the region's parameter of leadership. There is ongoing innovation, favorable regulations and strategic partnerships which keep North America at the top of the global organ preservation market share.
Among all geographic entities, Europe is the region expanding at the highest rate in the global organ preservation market owing to the growing rates of organ donation, futuristic health care policies, and high uptake of technologies such as machine perfusion for organ preservation. For example, Spain and France are among the countries with the best programs in organ donation, whereas there is a good regulatory environment in the European Union, which enhances creativity and organ donation programs in other countries. Furthermore, increasing public awareness, better provision of healthcare services, and an upsurge in chronic diseases necessitate organ transplants. In Europe, it cuts across improvement of the techniques of preservation in the form of research backed funding and clinch developments. This will make the region experience fast growth in the global organ preservation market.
Global Organ Preservation Market By Geography
- Largest
- Fastest
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Organ Preservation Market Dynamics
Organ Preservation Market Driver
Rising Organ Transplant Demand
- The increasing prevalence of chronic diseases, such as liver and kidney failure, is driving global demand for organ transplants. Increased number of transplant activities raises the demand for efficient organ preservation methods, owing to the fact that the medical anthropology community seeks to maintain the quality of organs and enhance the results of multiple organ operations.
Technological Advancements in Preservation Methods
- Innovations like machine perfusion and improved preservation solutions are enhancing organ viability and extending storage times. Due to these advancements in technology, organ evaluation is facilitated and the likelihood of successful transplant increases, hence boosting the market for organ preservation all over the world as it enhances the feasibility of successful transplants of marginal and high-risk organs.
Organ Preservation Market Restraints
Stringent Regulatory Requirements
- The organ conservation industry is subject to an enormous amount of regulatory oversight, with the introduction of new preservation solutions or technologies necessitating many clinical trials and other lengthy approval processes. These limitations on the approval process and new strategies for product introduction tend to discourage innovation and product development as well as market for new companies creating improvement in preservation strategies.
Logistical Challenges in Organ Transport
- The long-global transport of the organs poses yet another great challenge in respect to their preservation. Any possibility of delays, poor containers or change of environment could make the organ unsuitable for transplanting. These logistical constraints, with emphasis on far flung or developing countries, slow down the growth of the industry and achievement of effective global organ storage and distribution systems.
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Organ Preservation Market Competitive Landscape
The global organ preservation industry is highly competitive, with several players innovating, merging, and entering alliances with the sole aim of increasing their share of the market. Significant companies include Paragonix Technologies, XVIVO Perfusion AB, Dr. Franz Köhler Chemie GmbH, and OrganOx Limited. These companies are working on the development of technologies concerning preservation and tools such as machine perfusion and new preservation solutions for better functioning of organs. It continues to be a very competitive sector due to technology and the increasing need for organ transplantation across the world.
Top Player in the Global Organ Preservation Industry
- 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.
Recent Developments in Organ Preservation Industry
- In June 2023, Paragonix Technologies disclosed the introduction of the Lifeline™ Transporter for Kidneys, an unprecedented device that facilitates the safe conveyance of kidneys from one location to another. This device utilizes high-tech preservation techniques and has enhanced the viability of the preservation of organs and improved the results of transplants. The goal of the launch is to improve organ preservation techniques and also to improve the increasing need for kidney transplants.
- In August 2023, XVIVO Perfusion AB introduced an upgraded version of its Organ Support System, enhancing the preservation of liver and kidney organs during transport. All it does is improve the organ viability during its transportation and monitoring, which includes a real time monitoring system in the transportation process to boost the Success rate of transplant.
- In September 2023, TransMedics, Inc. received regulatory approval for its Organ Care System (OCS) Heart device in Europe. The system that has been developed makes it possible to keep and even transport hearts obtained from donors while they are still alive. This approval represents greater success as it enhances the availability of heart transplants and enhances the outcomes of patients.
Organ Preservation Key Market Trends
Rise of Machine Perfusion Technology:
- The infusion of machine perfusion technology is changing organ storage practices as it enhances the supply of oxygen and nutrients during storage. These methods enhance organ preservation and post-transplant outcomes which in turn encourages development of sophisticated preservation technologies for profitable usage considering the high demand of transplant surgery nowadays.
Growing Emphasis on Research and Development:
- The organ preservation sector has also seen an increased commitment to research and development, resulting in more advancements in preservation solutions and techniques. The firms are coming up with more significant and better mechanisms and hence working with research institutions to improve the technologies that help increase the viability of organs for transplant.
Organ Preservation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global organ preservation market is experiencing significant growth driven by the rising prevalence of chronic diseases, particularly cardiovascular conditions, and the increasing demand for organ transplants. Key players are investing in innovative preservation solutions, such as machine perfusion and advanced storage techniques, to enhance organ viability and improve transplant outcomes.
Although there are challenges of regulatory frameworks and complexities in utilization, constantly, more research, awareness and technology are conducive to the market being on the increase. The rise in the rates of organ transplants would mean that the global organ preservation market will be of vital importance to the existing demand for organized preservation of organs.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 230.89 million |
| Market size value in 2031 | USD 410.24 million |
| Growth Rate | 6.8% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| 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 |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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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 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 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 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 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 Organ Preservation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 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.
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