Organ Preservation Market: Growing Prevalence of Cardiovascular Diseases Enhance the Market Growth

The market report titled ‘Global Organ Preservation Market - Size, Share and Forecast (2029 - 2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

Organ Preservation Market Drivers
The global market for the organ preservation market is primarily driven by the rising cases of multiple organ failure. The increasing number of solid-organ transplantation procedures coupled with an ageing population are expected to promote market growth.
Other factors such as the growing government and NGO initiatives to encourage organ donation along with the increasing awareness of organ donations assist the market development. Technological advancements, for example, the normothermic machine perfusion which is a new paradigm for organ preservation also contribute to market growth.

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Organ Preservation Market Segmentation
By technique, the global organ preservation segment is divided into static cold storage, hypothermic perfusion preservation, normothermic machine perfusion, and others. The preservation technique sector is led by static cold storage share.
By solutions, the global organ preservation market is segmented into University of Wisconsin solution, custodial HTK, pervades, Collins solution, citrate solutions, and others. Among these, Custodiol HTK Solution is anticipated to be the fastest growing in the forecast period.
Based on organ type, the global organ preservation market is divided into the lung, kidneys, heart, liver, and other organs. Kidney preservation holds the most significant share in the organ preservation market due to the rising elderly population coupled with the rise in the occurrence of kidney failures.
According to National kidney foundation, over 80% of all people who get therapy for kidney failure are in prosperous nations with global access to large elderly populations and health care. According to the National Kidney Foundation, in 2016, around 121,678 people are waiting for lifesaving organ transplants in the U.S., among which, approximately 100,791 people are waiting for kidney transplants.

Global Organ Preservation Industry Regional Analysis
The growing prevalence of cardiovascular diseases and the increasing cases of kidney failure are likely to enhance the growth of organ preservation. Furthermore, factors such as high spending of GDP in healthcare, growing government initiatives, and reimbursement policies in advanced medical treatment options are likely to enhance the growth of organ preservation market in the region.
For instance, according to a report by the National Chronic Kidney Disease in 2017, chronic kidney diseases are common amongst adults in the U.S., and about 30 million people of the U.S. are expected to have chronic kidney disease.
According to the U.S. Government Information on Organ Donation and Transplantation, 2017, over 114,000 people in the U.S. were on the national transplant waiting list, but only 34,770 transplants were performed that year.
Asia-Pacific region is expected to be the fastest growing market during the forecast period, owing to the increasing prevalence of chronic diseases.

Organ Preservation Market Company Trends
Key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product launches along with an increased focus on R&D are other ways the leading players improve their market presence.
January 2019, TransMedics, Inc. developed the Organ Care System (OCS), an innovative, portable system that delivers warm, nutrient-rich blood to the organ, allowing it to function outside of the body and enabling organ optimization and assessment. The system integrates a compact wireless monitor, an organ-specific perfusion module, and proprietary solutions for organ maintenance.

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Table of contents overview -
1. Global Organ Preservation Market – Scope and Forecast
2. Global Organ Preservation Market – Industry Trends
3. Global Organ Preservation Market Outlook
4. Organ Preservation Market – Segmentation Analysis
4.1. By Technique
4.2. By Preservation Solution
4.3. By Organ Type
5. Organ Preservation Market – Regional, Country-level Analysis
5.1. Geographic Overview
5.2. North America
5.3. Europe
5.4. South America
5.5. Asia Pacific
5.6. Rest of World
6. Organ Preservation Market – Competitive Analysis
7. Organ Preservation Market – Company Profiles
8. Organ Preservation Market – Appendix

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