A Key Driver Transforming the Organ Preservation Solution Market 2024: Rise In Organ Transplantation Fuels Market Growth

The organ preservation solution report describes and explains the organ preservation solution market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global organ preservation solution market reached a value of nearly $0.27 billion in 2023, having grown at a compound annual growth rate (CAGR) of 4.68% since 2018. The market is expected to grow from $0.27 billion in 2023 to $0.39 billion in 2028 at a rate of 7.06%. The market is then expected to grow at a CAGR of 6.85% from 2028 and reach $0.54 billion in 2033.

What strategies are being adopted by key players in the organ preservation solution market?

The key players in the market are adopting extensive strategies in the organ preservation solution market such as:
• Launching new solutions to enhance business offerings
• Strengthening product development to expand expertise

Get The Complete Scope Of The Report
https://www.thebusinessresearchcompany.com/report/organ-preservation-solution-global-market-report

To take advantage of opportunities, The Business Research Company suggests that organ preservation solution companies enhance offerings:
• Securing investments for regulatory approval, clinical trials, and scaling production.
• Building strategic partnerships and pursuing acquisitions.
• Establishing R&D centers to innovate techniques for better organ viability and transplant success.

What Is Organ Preservation Solution: Market Overview?
Organ preservation solutions are specialized medical preparation designed to maintain the viability of organs outside the body before they are transplanted into a recipient. These solutions are used predominantly within organ transplantation procedures to extend the time organs can be maintained ex vivo, thus enhancing the chance of a successful transplant and reducing the risk of organ damage due to ischemia, a condition that occurs when blood flow to an organ is restricted or ceased, which can lead to a shortage of oxygen and essential nutrients.

Typically, organ preservation solutions are applied immediately following the harvesting of organs, when organs are most vulnerable to cellular degradation. The solutions function by controlling metabolic activity, reducing cellular swelling, preventing intracellular acidosis and preserving tissue integrity by cooling and stabilizing the organ in a hypothermic environment.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report
https://www.thebusinessresearchcompany.com/sample_request?id=11903&type=smp

Who Are The Major Companies Operating In The Global Organ Preservation Solution Market?

The top ten competitors in the market made up to 4.86% of the total market in 2023. TransMedics Group, Inc. was the largest competitor with a 1.38% share of the market, followed by:
• BioLife Solutions, Inc.
• Artivion, Inc. (formerly CryoLife, Inc.).
• Paragonix Technologies Inc.
• XVIVO Perfusion AB.
• Essential Pharmaceuticals LLC.
• Bristol-Myers Squibb Company.
• OrganOx Limited.
• Gennova Biopharmaceuticals Ltd.
• Preservation Solutions, Inc.

We Offer Customized Report, Click Here
https://www.thebusinessresearchcompany.com/Customise?id=11903&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. We have published over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package and much more.

This release was published on openPR.