Global Organ Preservation Market is anticipated to reach a value of over USD 300 million by 2028 and register a CAGR of 6.3% for the forecast period 2022-2028.
Organ preservation is the safe storage and transport of organs taken from donors or bodies to allow for transplantation. These may be either hypothermic, normothermic, or static cold storage. These organ preservation methods are essential for maintaining organ quality. These techniques are vital for organ quality. These methods are widely used in healthcare all over the world. When an organ fails to recover from reperfusion and implantation surgery, it is known as delayed graft functionality (DGF) and primary nonfunction (PNF). There are also significant growth-inducing factors like the rising incidences of organ dysfunctions due to obesity and diabetes. The global market trends are positive because of the growing preference for normothermic machine preservation methods, which help reduce the risk and improve cold storage. In situ core cooling, organ preservation liquids, and machine perfusion are all methods of organ preservation.
Traditional methods of organ preservation include maximizing donor hemodynamics, using better surgical procurement techniques that minimize the dissection of vascular structures, and removing abdominal organs in a bloc with the separation of graft parts. Cold storage techniques are used with hyperkalemic hyperosmolar solutions at 4 degrees Celsius. The recipient or donor can then be treated pharmacologically. Each organ is cleaned with an ice-cold preservation solution containing nutrients and electrolytes just before it is removed from the donor. The organs are placed in sterilized containers and wrapped in wet ice before being transported to the recipient’s transplant center. It is crucial to move the organs as fast as possible from the donor to the intended recipient. After being removed from the donor, the heart and lungs should be transferred within four hours. You can preserve your lungs for up to 12 hours. A pancreas can also be preserved for 8-12 hours. Intestines can be preserved for approximately 8 hours. Kidneys can be kept for 24 hours.
The Organ Preservation report examines market segmentation forecasts by solution, by technique, by organ type, and by region. This report offers thorough information on the industry’s profit, a SWOT analysis of market trends, significant rivals, and a market geographical study.
Key Market Players:
Bristol-myers Squibb, Xvivo Perfusion AB, Paragonix Technologies, Franz Kohler Chemie Gmbh, Biolife Solutions Inc., Claris Lifesciences Limited, Lifeline Scientific, Tolerotech Inc.
(Note: Please visit the report page for a comprehensive list of significant players.)
The Organ Preservation Market’s regional overview is divided into North America, Europe, Latin America, Asia-Pacific, the Middle East and Africa, and the Rest of the World.
North America had the largest market share for 2019 and will continue to be the dominant country over the forecast period. The main factors driving the growth are the rising acceptance of innovative healthcare technologies and high rates of heart disease and chronic kidney disease, improved reimbursement policies, and increased investments in healthcare infrastructure. The regional market will also be supported by a growing geriatric population and increasing organ transplantation procedures. Asia Pacific is expected to experience the fastest growth during the forecast period due to rising healthcare spending, increasing patient awareness, and growing demand for organ transplantation procedures. The market will also be driven by the rising aging population, rising incidence of heart disease and kidney failure, as well as rising healthcare spending.
Objectives of the Study:
- To provide a report that contains a detailed analysis of the Organ Preservation Market by solution, by technique, by organ type, and by region.
- To give detailed statistics and data points on market-moving factors (drivers, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets as well as the entire scope of the market.
- To forecast market trends, size, and overview in key regions including North America, Europe, Asia Pacific, the Middle East, and Africa, as well as the rest of the world.
- To stay on top of the competitive environment, including new product launches, mergers and acquisitions, and technological developments, and to assess them.