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Steady Growth and Forthcoming Innovations in Organ Preservation Solution Market
Rapid Surge in Organ Transplantation Fuelling Up the Market GrowthWhat Is The Projected Market Size Of The Global Organ Preservation Solution Market And Its Growth Rate?
The organ preservation solution market has experienced strong growth recently, presenting the following key statistics:
• The market has grown from $293.99 billion in 2024 to $316.01 billion in 2025 at a CAGR of 7.5%.
• The growth in the past period is attributed to increased organ transplants, higher awareness of organ donation, healthcare infrastructure expansion, and the rise in organ failure instances.
• The organ preservation solution market size is forecasted to witness substantial growth, reaching $452.59 billion in 2029, with a CAGR of 9.4%.
• The expected growth during the forecast period can be accredited to increased demand for extended criteria organs, organ procurement programs expansion, emphasis on organ quality and functionality, and international initiatives to combat organ shortage.
What Is Driving The Growth In The Organ Preservation Solution Market?
The exponential increase in organ transplantation is the primary driver for the organ preservation solution market. Organ transplantation, a significant surgical intervention encompassing the transfer of an organ or tissue from a donor to a recipient or within the same individual, necessitates the use of organ preservation solutions. These solutions prevent organ damage during transportation and storage, thereby enhancing the organ's viability for successful transplantation. For instance, according to the Organ Procurement and Transplantation Network (OPTN), a U.S. based public-private partnership that coordinates all professionals involved in the U.S. donation and transplantation system, a total of 42,887 organ transplants were conducted in 2022, a 3.7 percent increase compared to 2021. Kidney transplants represented a considerable portion of these surgeries, demonstrating a strong market demand for organ preservation solution.
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Who Are the Key Players Driving Organ Preservation Solution Market Growth?
Key companies operating in the organ preservation solution market include:
• Bristol-Myers Squibb Company
• Baxter International Inc.
• Accord Healthcare
• BioLife Solutions Inc.
• Lifeline Scientific
• TransMedics Group Inc.
• XVIVO Perfusion AB
• Organ Recovery Systems Inc.
• Bridge to Life Ltd.
• Paragonix Technologies Inc.
• OrganOx Limited
• Shanghai Genext Pharmaceutical Technology
• 21st Century Medicine
• Institut Georges Lopez
• Carnamedica
• Global Transplant Solutions
• Preservation Solutions Inc.
• Essential Pharmaceuticals LLC
• Dr. Franz Köhler Chemie GmbH
• Advanced Organ Preservation Solutions (OPSL Group)
• Vascular Perfusion Solutions Inc.
• Transplant Biomedicals SL
What Are The Key Trends In The Organ Preservation Solution Market?
Major trends in the organ preservation solution market include:
• Application of preservation solutions in organ banking
• Market emphasis on extended preservation times
• Integration of additives for enhanced preservation
• Focus on compact and portable organ preservation devices
• Collaborations for research and innovation in organ preservation.
What Are The Segments Of The Global Organ Preservation Solution Market?
The organ preservation solution market is segmented by:
1) Solution Type: Viaspan, Custodiol-HTK ket*oglutarate), Renograf, Hypothermosol, Perfadex, Lifor, HBS (Hyperosmotic Blood Substitute) Solution, siRNA (Small Interfering RNA) Transplant Solutions, Other Solution Types
2) Organ Type: Kidneys, Liver, Lung, Heart, Other Organ Types
3) Technique: Static Cold Storage (SCS) Technique, Hypothermic Machine Perfusion, Other Techniques
Which Region Leads The Organ Preservation Solution Market?
North America led the organ preservation solution market in 2024. However, the Asia-Pacific region is expected to record the fastest growth during the forecast period. The regions covered in the organ preservation solution market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Organ Preservation Solution Market Global Market Report?
Market Size Analysis: Analyze the Organ Preservation Solution Market size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Organ Preservation Solution Market for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Organ Preservation Solution Market growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Organ Preservation Solution Market.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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