Organ Preservation Solution Market Trends That Will Shape the Next Decade: Insights from Paragonix Technologies Launches The FDA-Cleared Pancreaspak Organ Preservation System

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How Large Will the Organ Preservation Solution Market Size By 2025?
In recent times, there has been a robust expansion of the organ preservation solution market. The size of the market is predicted to enhance from $293.99 billion in 2024 to $316.01 billion by 2025, with a compound annual growth rate (CAGR) of 7.5%. This notable growth in the past years has been influenced by the surge in organ transplants, amplified consciousness about organ donation, betterment of healthcare facilities and an increased occurrence of organ failure.

How Big Is the Organ Preservation Solution Market Size Expected to Grow by 2029?
In the coming years, the organ preservation solution market is forecast to experience considerable growth, reaching a value of $452.59 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 9.4%. Factors contributing to this growth include an increased demand for extended criteria organs, the development of organ procurement programs, emphasis on organ quality and functionality, and worldwide efforts towards combating organ shortage. The key trends anticipated during the forecast period are the use of preservation solutions in organ banking, market focus on extending preservation times, the incorporation of additives for improved preservation, attention towards compact and portable organ preservation devices, and partnerships promoting research and innovation in organ preservation.

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Which Key Market Drivers Powering Organ Preservation Solution Market Expansion and Growth?
The organ preservation solution market is anticipated to expand, propelled by an increase in organ transplantation. This medical procedure involves surgically removing an organ or tissue from a donor and placing it into a recipient or moving it within the same person. Using organ preservation solutions can limit organ damage during transport and storage, thereby increasing the chances of a successful transplant. As an example, the Organ Procurement and Transplantation Network (OPTN), an American public-private partnership connecting all professionals in the U.S. donation and transplant system, reported that there were 42,887 organ transplants in 2022. This marked an increase of 3.7 percent compared to the 41,354 transplants in 2021. A significant number of these, specifically 25,000, were kidney transplants, revealing a 3.4 percent growth in the United States. Consequently, the increased frequency of organ transplants stimulates the growth of the organ preservation solution market.

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Which Fast-Growing Trends Are Poised to Disrupt the Organ Preservation Solution Market?
The rise of product innovation is an emerging trend within the organ preservation solution market. Numerous leading corporations in this industry are concentrating on the production of innovative solutions to fortify their standing and secure a competitive edge. For example, Paragonix Technologies, a company based in the US that specializes in organ preservation technology, introduced the PancreasPak Organ Preservation System in June 2024. This FDA-approved device, designed exclusively for the protection and monitoring of donor pancreases during transport, underscores its crucial role in organ transplantation. The system offers a controlled environment which keeps the pancreas at an ideal temperature between 4-8°C, a factor crucial for maintaining the organ's health and function during a transport that could extend up to 21 hours. The PancreasPak is equipped with digital monitoring capabilities that continuously assess the temperature and the pancreas's surrounding conditions. This immediate information enables rapid reaction to any shifts from ideal conditions, thus enhancing organ preservation.

What Are the Emerging Segments in the Organ Preservation Solution Market?
The organ preservation solution market covered in this report is segmented -

1) By 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) By Organ Type: Kidneys, Liver, Lung, Heart, Other Organ Types
3) By Technique: Static Cold Storage (SCS) Technique, Hypothermic Machine Perfusion, Other Techniques

Subsegments:
1) By Viaspan: Standard Viaspan, Modified Viaspan Formulations
2) By Custodiol-HTK ket*oglutarate): Custodiol Formulations: Variants With Additives
3) By Renograf: Renograf Solutions For Kidney Preservation, Specialty Renograf Formulations
4) By Hypothermosol: Hypothermosol For Various Organs, Custom Hypothermosol Mixes
5) By Perfadex: Perfadex For Lung Preservation, Adapted Perfadex Formulations
6) By Lifor: Lifor For Multi-Organ Preservation, Specific Lifor Adaptations
7) By HBS (Hyperosmotic Blood Substitute) Solution: HBS For Organ Transport, Specialty HBS Formulations
8) By siRNA (Small Interfering RNA) Transplant Solutions: siRNA-Based Preservation Methods, Innovations In siRNA Applications
9) By Other Solution Types: Experimental Preservation Solutions, Emerging Organ Preservation Technologies

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Who Are the Global Leaders in the Organ Preservation Solution Market?
Major 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

Which are the Top Profitable Regional Markets for the Organ Preservation Solution Industry?
North America was the largest region in the organ preservation solution market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organ preservation solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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