Press release
Organ Preservation Market to grow up to USD 444.3 million by 2031 | Paragonix Technologies, XVIVO Perfusion AB, Dr. Franz Köhler Chemie GmbH, Essential Pharmaceuticals, LLC
Organ Preservation Market
The global organ preservation market report from Global Insight Services is the single authoritative source of intelligence on Organ Preservation Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Organ preservation is basically a procedure under which organs donated for transplantation are stored and preserved under proper temperature and surroundings. This preservation process generally involves flushing the organ with specific preservation solution dependent on the requirements and storing them on the basis of different techniques as required by the organ.
Market Trends and Drivers
Growing geriatric population and subsequent growth in cases of multiple organ failure will positively boost the overall industry expansion. Multiple organ failure is among the most common causes of death in ICUs, mainly caused by sepsis. It is estimated that 26-50% of patients diagnosed with sepsis develop acute renal failure, and up to 20% show acute respiratory failure (Source: Society of Critical Care Medicine). The elderly are at a higher risk of acute renal failure due to an age-related decline in the glomerular filtration rate and the renal plasma flow. Diabetes also increases the vulnerability to these conditions and multiple organ failure. Diseases such as tuberculosis and liver cirrhosis are more common among geriatric individuals and may make it necessary for individuals to undergo organ transplants. According to the Organ Procurement and Transplantation Network, the growth of the geriatric population has a large impact on the number of organ transplantation procedures carried out, as the number of older people receiving organ transplants has grown.
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Global Organ Preservation Market Segmentation
By Organ Type
• Kidneys
• Liver
• Lung
• Heart
• Others
By Preservation Techniques
• Static Cold Storage
• Hypothermic Machine Perfusion
• Normothermic Machine Perfusion
• Others
By Solution
• University of Wisconsin (UW)
• Custodial HTK
• Perfadex
• Others
By Region
• North America
• Europe
• Asia Pacific
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Major Players in the Global Organ Preservation Market
The key players in the 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), and Waters Medical Systems (US), among others.
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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