[197+ Pages Report] According to the latest report titled “Global Organ Preservation Market” published by Facts & Factors, the study offers a detailed and comprehensive market overview. The global organ preservation market witnessed a significant market value of USD 201 Million in the year 2020 and with a CAGR value of 5.9% is projected to value approximately USD 295 Million by 2026.
Organ preservation is the process of supplying transportation and preservation of organs for further use during a later period. Organ preservation measures usually come into the picture at the time of implementation of organ procurement surgical measures. Various methods are used for organ preservation such as hydrogen gas cylinder, electrolysis, or a hydrogen-generating agent.
The global organ preservation market is expected to register a higher market growth during this iteration of the forecast period due to increasing incidences of multi-organ failures, rising geriatric population, and rising number of organ donations and organ donors to name a few. Additionally, a rising number of initiatives to encourage people for donating organs post-mortem coupled with an increasing number of key market players across the globe will increase the footprint of the global organ preservation market during the advent of the forecast period. Moreover, the increasing number of organ transplantation procedures coupled with increasing instances of cardiovascular diseases will boost the growth of the global organ preservation market during the advent of the forecast period.
The global organ preservation market will be driven by increasing consumer awareness coupled with rising government initiatives and campaigns promoting organ donation measures to name a few. However, a higher cost of the medical procedure coupled with increasing religion-based concerns about transplantation will decrease the value of the global organ preservation market to some extent.
The global organ preservation market is segmented into solution, organ type, preservation method, and region.The global organ preservation market is divided into the University of Wisconsin (UW), custodial HTK, perfadex, and others on the basis of the solution. The segment pertaining to the University of Wisconsin (UW) is expected to witness the la
rgest market share during the advent of the forecast period owing to increased usage due to a rising number of advantages such as longer preservation time coupled with rising cases of liver transportation measures to name a few.
On the basis of organ type, the global organ preservation market can be broken down into kidneys, liver, lung, heart, and others. The kidney segment is expected to occupy the largest market share during the advent of the forecast period owing to an increased number of campaigns related to the advantages of kidney transplantation coupled with the rising number of patients suffering from chronic kidney diseases to name a few. Based on the preservation method, the global organ preservation market can be branched across static cold storage, hypothermic machine perfusion, normothermic machine perfusion, and others. The static cold storage category is expected to occupy the largest market share during the advent of the forecast period owing to a sizeable applicable range due to preservation capabilities for a wider range of organs coupled with a large number of key market players adhering to the latter’s production to name a few.
Report Attribute |
Details |
Market Size in 2020 |
USD 201 Million |
Projected Market Size in 2026 |
USD 295 Million |
CAGR Growth Rate |
5.9% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
XVIVO Perfusion, TransMedics, 21st Century Medicine, CyroLife, Inc., Bridge to Life Ltd., OrganOx, Shanghai Genext Medical Technology,Waters Medical Systems, Preservation Solutions, Transplant Medicals, Organ Assist, Institut Georges Lopez (IGL), Avionord, and EBERS, among others. |
Key Segments |
Solution, Organ Type, Preservation Method, and Others |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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North America is expected to witness the largest market share during the advent of the forecast period owing to rising acceptance of adoptive technologies coupled with the rising prevalence of chronic kidney diseases to name a few. Additionally, improved healthcare infrastructure coupled with better reimbursement policies will increase the footprint of the organ preservation market during the advent of the forecast period. Moreover, the increasing geriatric population and rising number of organ transplantation procedures will boost the growth of the organ preservation market during the advent of the forecast period. Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast period owing to increasing healthcare infrastructure coupled with rising patient confidence and awareness to name a few.
The key market participants for the global organ preservation market are
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