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Organ Preservation Market worth $317 million by 2026 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

28 Feb, 2022, 11:30 GMT

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CHICAGO, Feb. 28, 2022 According to the new market research report "Organ Preservation Market by Solution (UW, Custodial HTK, Perfadex), Technique (Static Cold Storage, Hypothermic, Normothermic), Organ (Kidneys, Liver, Heart), End User (Transplant Centers, Hospitals, Specialty Clinics) - Global Forecast to 2026", published by MarketsandMarkets™, the Organ Preservation Market is projected to reach USD 317 million by 2026 from USD 230 million in 2021, at a CAGR of 6.6%.

Browse in-depth TOC on "Organ Preservation Market"

166 – Tables 
47 – Figures 
218 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261269915

The growing geriatric population, increasing cases of multi-organ failure, rising number of organ transplants and organ donors, and growing initiatives to encourage organ donations are the major drivers for the growth of this market.

The pandemic has profoundly impacted organ donation and transplantation worldwide. It has disrupted these actions and significantly reduced donation and transplant activities across the globe, leading to a decline in the demand for organ preservation products. In many countries, transplants from deceased donors were limited to only urgent situations and transplants from living donations were put on hold during the period of the outbreak. This resulted in lost opportunities for a large number of vulnerable patients on transplant waiting lists. The outbreak of the coronavirus led to the implementation of new practices for issues regarding adequate donor evaluation and consent, organ recovery, organ procurement organization, and donor hospital resources, as well as the transplant centers' acceptance of organs offered for candidates.

The University of Wisconsin (UW) solution segment accounted for the largest share of the organ preservation market in 2020

Based on the solution, the market is segmented into UW Solution, Custodial HTK, Perfadex and Other solutions (EuroCollins and Celsior). In 2020, the UW solution accounted for the highest share. The UW solution is used for the flushing and storage of kidneys, liver, and pancreas. It was the first intracellular preservation medium, considered the gold standard for organ preservation. The large share of this segment can be attributed to the increased adoption of UW solution due to presence of metabolically inert substrates, such as lactobionate and raffinose, which enable better transplantation outcomes, less histological damage, and improved physiological function of organs compared to other solutions.

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The static cold storage segment accounted for the largest share of the organ preservation market in 2020

Based on technique, the organ preservation market is segmented into static cold storage, hypothermic machine perfusion and normothermic machine perfusion. In 2020, the static cold storage segment accounted for the largest share of the organ preservation market. This is the conventional method which is highly adopted making it the gold standard technique for organ preservation as the hypothermia induced in this technique results in reduced kinetics of metabolic activities from the donor organ. This technique is used to preserve the kidneys, liver, lungs, pancreas, and heart.

The kidney segment accounted for the largest share of the organ preservation market in 2020

Based on organ type, the organ preservation market has been segmented into kidney, liver, lung, heart and pancreas. The kidney segment accounted for the largest share of the organ preservation market in 2020. This can be attributed to the escalating cases of ESRD with kidney transplantation as the suggestive line of therapeutic treatment that will increase the number of kidney transplant procedures leading to the preservation of the donor's kidney before its transplantation into the recipient.

The organ transplant centers segment accounted for the largest share of the organ preservation market in 2020

Based on end user, the organ preservation market is segmented into organ transplant centers, hospitals, and specialty clinics. In 2020, the organ transplant centers segment accounted for the largest share of the organ preservation market. The large share of this segment can be attributed to the large number of hospitals having transplant programs to offer the organ transplantation procedure to patients.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=261269915

Asia-Pacific is expected to register the highest CAGR in the organ preservation market

The Asia-Pacific market is expected to grow at the highest CAGR from 2021 to 2026. This can be attributed to factors such as the favorable government initiatives, increased awareness in people and increased organ donations. The universal government regulations in China and Japan (including for transplantation & related organ donation procedures), expanding healthcare infrastructures, increasing prevalence of chronic diseases, and growing medical tourism in RoAPAC countries will contribute to market growth in the APAC.

The prominent players in the global organ preservation 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), Waters Medical Systems (US), Preservation Solutions (US), Carnamedica (Poland), Transplant Biomedicals (Spain), Institut Georges Lopez (France), Global Transplant Solutions (US), Avionord (Italy), Organ Preservation Solutions (England), EBERS (Spain), S.A.L.F. (Italy), Biochefa (Poland), Vascular Perfusion Solutions, Inc. (US), and TX Innovations (Netherlands).

Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting

Browse Related Reports:

Human Organoids Market by Product (Pancreas, Kidney, Lung, GIT, Liver Models) Usability (Customized, Ready-To-Use), Application (Toxicity, Pathology, Personalized & Regenerative Medicine), End user (Pharma-Biotech, CROs, Academia) - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/human-liver-model-market-171046468.html

Transplant Diagnostics Market by Technology (PCR, NGS, Sanger Sequencing), Product (Instrument, Reagent, Software), Application (HLA, Blood Profile, Pathogen Detection), Type (Heart, Kidney, Liver, Bone Marrow), End User (Hospital) - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/global-transplant-diagnostics-market-2531061.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/organ-preservation-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source: https://www.marketsandmarkets.com/PressReleases/organ-preservation.asp 

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