Perfusion Systems Market Size, Share | Industry Report 2024

The global perfusion systems market was valued at $79.7mn in 2016 and is anticipated to reach over $148.4mn by 2024.The perfusion systems market is anticipated to witness lucrative growth due to the growing prevalence of chronic diseases, rising demand for organ transplantation, growing geriatric population and technological advancements in organ preservation and transportation.

The rise in kidney failure due to obesity, diabetes, and high blood pressure is amongst the key factors driving the demand for transplantation. The American Kidney Fund estimates that 44% of all new kidney failure cases are due to diabetes, and 28.4% cases are due to high blood pressure. In 2015, the International Diabetes Federation (IDF) estimated that globally, over 400 million adults had diabetes and by 2040, more than 642 million adults are expected to suffer from diabetes. The growing prevalence of obesity, diabetes and hypertension are anticipated to strongly drive the demand for perfusion systems over the forecast period.

The waiting list for organ transplantation is growing rapidly, as more number of people are suffering from end-stage cardiovascular and kidney diseases. The lack of proper preservation technologies is resulting in high failure rate and wastage of resources. Traditionally, techniques such as Static Cold Storage (SCS) and Machine Perfusion (MP) were used for organ preservation. Moreover, to overcome the inefficiencies in preserving high-risk organs, Normothermic Machine Perfusion (NMP) is being adopted widely.

The perfusion systems market is dominated by players such as Organ Assist B.V.; TransMedics, Inc.; OrganOx Limited; Organ Transport Systems; Paragonix Technologies, Inc.; Organ Recovery Systems; XVIVO Perfusion AB; Waters Medical Systems; and Bridge to Life Ltd. Most of the players operate exclusively in therapy areas such as Heart, kidney or liver, and are looking to expand through the acquisition route to bolster their portfolio and regional presence.

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Key findings from the study: -
• The prices of these systems are in the range of USD 10,000 to USD 100,000 and above depending on the technology, lifespan of the system and ability to preserve high-risk organs.
• The growing prevalence of heart failure is expected to drive the future growth. The heart segment is expected to register the highest CAGR of over 8.2% over the forecast period.
• The perfusion systems market is dominated by players such as Organ Assist B.V.; TransMedics, Inc.; OrganOx Limited; Organ Transport Systems; Paragonix Technologies, Inc.; Organ Recovery Systems; XVIVO Perfusion AB; Waters Medical Systems; and Bridge to Life Ltd.

Ameri Research has segmented the Perfusion Systems Market by Technology, Organ, end-use and region:

Market Segmentation:

Perfusion Systems Market by Technology, (Revenue, Million, 2014 – 2024)
• Hypothermic
• Normothermic

Perfusion Systems Market by Organ Type, (Revenue, USD Million, 2014 – 2024)
• Kidney
• Heart
• Lungs
• Liver
• Others

Perfusion Systems Market Regional Outlook, (Revenue, USD Million, 20124- 2024)

• North America
o U.S.
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain

• Asia Pacific
o Japan
o China
o India
o Australia

• Latin America
o Brazil
o Mexico
o Columbia

• Middle East and Africa
o South Africa
o Saudi Arabia

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