Market Forecast By Solution (University of Wisconsin (UW), Custodial HTK, Perfadex, Others), By Organ Type (Kidneys, Liver, Lung, Heart, Others), By Preservation Technology (Static Cold Storage, Hypothermic Machine Perfusion, Normothermic Machine Perfusion, Others), By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe) And Competitive Landscape
Product Code: ETC115025 | Publication Date: Sep 2021 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
The Global Organ Preservation Market is projected to rise significantly with new techniques and technologies emerging to enhance organ preservation methods. The use of hypothermic machine perfusion (HMP) for the transplantation of kidney is one such development in the market. This method focuses on pumping a cold solution via donor kidney to keep the kidney at a low temperature, and preserving it longer as compared to conventional cooling methods. Normothermic machine perfusion (NMP) is another development of the sector that maintains organs at the normal body temperature during the transplantation which enables them to function. This technique gives promising results. In addition, there are advancements in cryopreservation techniques which enable organs to be frozen as well as stored longer before thawing out when required for transplantation. Technology is becoming more advanced and more innovation will take place in the market which will help boost the Global Organ Preservation Market Share.
The global Organ Preservation Market is expected to register proliferation throughout the forecast period 2021-2027. Organ Preservation refers to the process of preserving healthy organs harvested from the body of donors. The process involves the removal of organs from the donor's body, storing them for transportation and then transplanting it into the receiver's body without significant damage. The increasing prevalence of multiple organ failure in the geriatric population is a key factor that drives the growth of organ preservation. Apart from this, technological innovations and rising government & NGO initiatives are some other key factors that will drive the market of organ preservation over the coming years. Norm thermic machine perfusion as the advanced paradigm for organ preservation is expected to provide a vast scope of opportunity for the growth of the organ preservation market during the forecast period. However, the low availability of organs due to conservativeness in the thoughts of donors or various religious misconceptions creates a gap between the demand and supply of organs. Additionally, the high cost of organ Transplantation is also hampering the growth of organ preservation. Further, the outbreak has created a negative impact on the growth of organ preservation, as there was a risk of exposure for both health workers and donors. Various organ transplant centres are avoiding the use of organs from deceased donors with evidence of recent infection or exposure.
According to 6Wresearch, Global Organ Preservation Market is expected to register growth during the forecast period 2021-2027. Currently, the United States is holding the largest market share in the North American region. Canada is also foreseeing significant growth in the organ preservation market. Due to the increase in the elder population and the increasing prevalence of cardiovascular disease, the growth of the organ preservation market is expected. After America, Europe is the second largest market holding a healthy share of the global organ market. The European market is expected to grow at a sturdy rate. Various Government legislative reforms and the rising old-age population are the factors that will lead to the growth of the organ preservation market in Europe. Further, the Asia Pacific region is performing great and is expected to be the fastest-growing market. Specifically, China will be the fastest-growing country due to the increasing population and rising awareness about the health and accessibility of new treatment methods. Factors such as the Increasing prevalence of chronic disease, rising healthcare expenditure and rise in the standard of living in the region are supplementing the growth of the organ preservation market in the Asia Pacific region. The Middle East and Africa region is the worst performing region showing the least growth in the organ preservation market. However, in the Middle East and African region, UAE has the largest market share owing to the development of the healthcare industry and the rising availability of speciality care centres. Major factors like lack of awareness, limited access, and unaffordability of healthcare services are affecting the growth of the organ preservation market in the Middle East and African region. Some of the key players /or companies operating in the organ preservation market areย XVIVO Perfusion AB, Dr Franz Kรถhler Chemie GMBH, Essential Pharmaceuticals, TransMedics, and Organix.
Based on Organ type, the global organ preservation market is categorised into heart, kidney, liver and lungs. Kidney holds maximum demand at present and it is increasing continuously. An unhealthy lifestyle, lack of exercise, obesity, and dehydration are some reasons that deteriorate kidney function and thus its demand arises. Further, based on the technique of preservation, the organ preservation market is categorised into Hypothermic Machine Perfusion, Normothermic Machine Perfusion, and Static Cold Storage. Hypothermic Machine perfusion is a preservation technique based on oxidative energy production by mitochondrial electron transport sustained at hypothermic temperatures (0-8oC). Normothermic Machine Perfusion is another technique of organ preservation that perfuse organs under physiological conditions (35-38oC) to maintain metabolic activity and viability. NMP maintains donor organs at body temperature while providing oxygen and essential substrates. Static cold storage is another storage technique that simply involves flushing the procured organ with a preservation solution at (0โ4ยฐC), then immersing it into a preservation solution at the same temperature until transplantation. Among these techniques, static cold storage is the most common organ preservation technique because of its simplicity and lower cost.
The Organ Preservation report thoroughly covers the market by organ preservation solution and regions including North America, Europe, Asia Pacific, the Middle East and Africa, and key countries. The Organ Preservation market outlook report provides an unbiased and detailed analysis of the ongoing Organ Preservation market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The outbreak of the coronavirus disease impacted the organ preservation market just the way it affected the growth of any other market. Owing to the travel and transportation restrictions, there were delays in transplant and delivery of organ procedures, which led to a decline in demand for organ preservation solutions. Medical facilities, as well as hospitals across the world, were overwhelmed with patients dealing with the coronavirus which led to a decrease in non-COVID-related transplants and surgeries, and this caused huge disruptions in the sector, which affected the Global Organ Preservation Market Growth enormously.ย
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Organ Preservation Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Organ Preservation Market Revenues & Volume, 2020 & 2027F |
3.3 Global Organ Preservation Market - Industry Life Cycle |
3.4 Global Organ Preservation Market - Porter's Five Forces |
3.5 Global Organ Preservation Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Organ Preservation Market Revenues & Volume Share, By Solution, 2020 & 2027F |
3.7 Global Organ Preservation Market Revenues & Volume Share, By Organ Type, 2020 & 2027F |
3.8 Global Organ Preservation Market Revenues & Volume Share, By Preservation Technology, 2020 & 2027F |
4 Global Organ Preservation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Organ Preservation Market Trends |
6 Global Organ Preservation Market, 2017 - 2027 |
6.1 Global Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
6.2 Global Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
6.3 Global Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
7 Europe Organ Preservation Market, 2017 - 2027 |
7.1 Europe Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
7.2 Europe Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
7.3 Europe Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
8 Asia Pacific Organ Preservation Market, 2017 - 2027 |
8.1 Asia Pacific Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
8.2 Asia Pacific Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
8.3 Asia Pacific Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
9 Latin America Organ Preservation Market, 2017 - 2027 |
9.1 Latin America Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
9.2 Latin America Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
9.3 Latin America Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
10 North America Organ Preservation Market, 2017 - 2027 |
10.1 North America Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
10.2 North America Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
10.3 North America Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
11 Middle East Organ Preservation Market, 2017 - 2027 |
11.1 Middle East Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
11.2 Middle East Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
11.3 Middle East Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
12 Africa Organ Preservation Market, 2017 - 2027 |
12.1 Africa Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
12.2 Africa Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
12.3 Africa Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
13 Global Organ Preservation Market, 2017 - 2027 |
13.1 Global Organ Preservation Market, Revenues & Volume, By Solution, 2017 - 2027 |
13.2 Global Organ Preservation Market, Revenues & Volume, By Organ Type, 2017 - 2027 |
13.3 Global Organ Preservation Market, Revenues & Volume, By Preservation Technology, 2017 - 2027 |
14 Global Organ Preservation Market Key Performance Indicators |
15 Global Organ Preservation Market - Opportunity Assessment |
15.1 Global Organ Preservation Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Global Organ Preservation Market Opportunity Assessment, By Solution, 2020 & 2027F |
15.3 Global Organ Preservation Market Opportunity Assessment, By Organ Type, 2020 & 2027F |
15.4 Global Organ Preservation Market Opportunity Assessment, By Preservation Technology, 2020 & 2027F |
16 Global Organ Preservation Market - Competitive Landscape |
16.1 Global Organ Preservation Market Revenue Share, By Companies, 2020 |
16.2 Global Organ Preservation Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |