Press release
Hypothermic Perfusion Preservation Market Insights Focus on Biomedical Innovation and Preservation Efficiency
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Hypothermic Perfusion Preservation Market- (By End Users (Hospitals, Organ Procurement Organizations (OPOs), Transplant Centres), By Organ Type (Heart, Lungs, Live, Kidneys, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Hypothermic Perfusion Preservation Market is expected to show a CAGR of 10.26% during the forecast period of 2023-2031.
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Hypothermic perfusion preservation is a critical methodology in organ storage and transplantation, involving the maintenance of organs at controlled temperatures typically between 0 °C and 4 °C to preserve viability prior to transplantation. Ongoing advancements in biomedical research, particularly in the optimization of organ preservation techniques, have substantially improved the effectiveness and reliability of hypothermic perfusion systems. The integration of advanced scientific knowledge into the development of preservation solutions and process enhancements is contributing positively to market growth.
The expansion of the hypothermic perfusion preservation market is primarily driven by the rising incidence of organ failure and the corresponding increase in organ transplant procedures worldwide. As transplant volumes continue to grow, the demand for advanced, efficient, and dependable organ preservation technologies is intensifying.
Furthermore, increasing healthcare expenditure across both developed and emerging economies is supporting market development. Investments in healthcare infrastructure, especially in transplant centers and specialized medical facilities, have enabled broader adoption of advanced organ preservation systems, thereby accelerating the overall growth of the hypothermic perfusion preservation market.
List of Prominent Players in the Hypothermic Perfusion Preservation Market:
• Organ Recovery Systems
• XVIVO Perfusio
• Paragonix Technologie
• TransMedics
• Bridge to Life Ltd
• Preservation Solutions Inc.
• OrganOx
• Organ Assist
• Waters Medical Systems LLC
• Preservation Sciences Inc.,
• 21st Century Medicine (US),
• Shanghai Genext Medical Technology (China)
• Carnamedica (Poland),
• Transplant Biomedicals (Spain),
• Institut Georges Lopez (France),
• Global Transplant Solutions (US),
• Bridge to Life Limited (US)
• Avionord
• Others
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Market Dynamics
Drivers:
The expansion of the hypothermic perfusion preservation market is underpinned by continuous progress in biomedical research focused on enhancing organ preservation practices. The application of advanced research outcomes to the development of specialized preservation solutions and enabling technologies has markedly improved the performance and reliability of hypothermic perfusion systems. In parallel, rising healthcare expenditure across developed and developing economies is supporting market growth. Increased funding for healthcare infrastructure, particularly for dedicated organ transplant centers, has facilitated broader adoption of advanced organ preservation technologies.
Challenges:
Notwithstanding its clinical advantages, market adoption is constrained by the high capital and operating costs associated with hypothermic perfusion preservation. Significant financial investment is required for the procurement, upkeep, and operation of specialized equipment, as well as for proprietary preservation solutions. These cost pressures present notable challenges, especially in resource-limited healthcare environments. In several developing regions, including parts of Sub-Saharan Africa and Latin America, inadequate healthcare infrastructure and shortages of trained medical professionals further limit the implementation of these systems. The absence of sufficient transplant and preservation facilities in such regions is expected to restrain market expansion.
Regional Trends:
North America is projected to maintain a leading position in the hypothermic perfusion preservation market, supported by a well-established healthcare system, a high volume of organ transplant procedures, and a strong emphasis on technological innovation. Favorable reimbursement policies, heightened awareness of organ donation, and robust healthcare spending further contribute to the rapid uptake of advanced preservation technologies.
The Asia-Pacific region, meanwhile, is anticipated to experience accelerated growth, driven by improvements in healthcare infrastructure, increasing investment in medical research, and a rising prevalence of chronic conditions requiring organ transplantation. Government initiatives promoting organ donation, combined with demand for efficient preservation solutions from a large and aging population, are expected to further stimulate market growth in the region.
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Recent Developments
• In Aug 2023, Specific assets of Bridge to Life Ltd. (BTL) were sold to TransMedics, Inc. BTL intends to concentrate on its primary preservation solutions business and its forthcoming Food and Drug Administration (FDA) application for the VitaSmartTM Liver Machine Perfusion System with the funds obtained from the sale of these assets.
• In July 2021, TransMedics Group, Inc. received authorization from the U.S. FDA for their OCSTM Lung Solution to be used in transplants involving cold storage procedures. The solution, a constituent of the company's OCS Lung System, is used for hypothermic flushing, storage, and transportation of donor lungs for transplantation.
Segmentation of Hypothermic Perfusion Preservation Market-
By End Users
• Hospitals
• Organ Procurement Organizations (OPOs)
• Transplant Centres
By Organ Type
• Heart
• Lungs
• Live
• Kidneys
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/hypothermic-perfusion-preservation-market-/2225
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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