The global organ preservation market is foreseen
to grow at 6.1%, from USD 230.8 Million in 2021 to USD 370.6 Million in 2029.
Increasing initiatives to encourage organ donation and rising instances of
multiple organ failure are factors driving the market growth over the
anticipated period. However, the high cost of organ transplantation is seen to
hinder the development of the market.
Organ Preservation has grown with the rising
number of organ transplants due to increasing clinical activity. The rise in
organ donation has boosted the demand for Organ transplantation over the year.
For instance, according to the Health Resources & Services Administration
(HRSA), As of 2020, 169 million people in the U.S. registered for organ
donation, owing to an increase in the Organ Preservation market over the
forecast period.
COVID-19
Impact on Global Organ Preservation Market
The Organ Preservation is the supply line for
organ transplantation, helping treat patients. The continuous spread of
COVID-19 has caused a massive decrease in organ donation, thus negatively
impacting the aspects of Organ Preservation in recent years. However,
government and private entities have various strategies to deliver proper care
to patients during organ transplantation.
Market
Segmentation
For the purpose of this report, the global Organ
Preservation market is segmented on the basis of product type, application
type, end user and region:
|
Solution Type Outlook
(Revenue, USD million; 2018-2029)
|
|
Custodiol HTK
|
|
Perfadex
|
|
University of Wisconsin
|
|
Other Solutions
|
|
|
|
Technique Type Outlook
(Revenue, USD million; 2018-2029)
|
|
Hypothermic Machine
Perfusion
|
|
Normothermic Machine
Perfusion
|
|
Static Cold Storage
|
|
|
|
Product Type Outlook
(Revenue, USD million; 2018-2029)
|
|
Heart
|
|
Kidneys
|
|
Liver
|
|
Lungs
|
|
Other Organs
|
Solution
Type Outlook:
On the basis of Solution Type, the market is
segmented into Custodiol HTK, Perfadex, University of Wisconsin, Other
Solutions. University of Wisconsin holds the largest market share in 2021.
Figure
1 - Organ Preservation Market, By Solution Type (Market Size And Forecast By
Value - USD Million, 2021 & 2029)