Organ Preservation Market
Organ Preservation Market Overview 2024-2034
The global organ preservation market is projected to grow significantly, with its value estimated to increase from USD 456 million in 2024 to USD 1.02 billion by 2034. This growth reflects a compound annual growth rate (CAGR) of 7.4%, driven by advancements in organ preservation technologies and increasing demand for organ transplants.
Key Market Drivers and Trends
Drivers:
- Rising Prevalence of Chronic Diseases: Increased incidences of kidney failure, liver diseases, and cardiovascular disorders are escalating the demand for organ transplants.
- Advancements in Preservation Techniques: Techniques such as hypothermic machine perfusion (HMP) and normothermic machine perfusion (NMP) are enhancing organ viability, boosting market growth.
- Government Initiatives and Awareness Programs: Efforts to promote organ donation and establish transplant networks are fueling market expansion.
Trends:
- Focus on Xenotransplantation: The use of genetically modified animal organs is emerging as a potential solution to organ shortages.
- Adoption of AI and IoT: Integration of advanced technologies is improving organ tracking and preservation efficiency.
Segment Analysis
By Solution:
| Solution |
Market Share (2024) |
|---|---|
|
University of Wisconsin (UW) Solution |
50% |
|
Custodial HTK Solution |
30% |
|
Perfadex |
20% |
UW Solution dominates due to its widespread application in kidney and liver preservation.
By Organ Type:
| Organ |
Market Share (2024) |
|---|---|
|
Kidney |
45% |
|
Liver |
30% |
|
Lung |
15% |
|
Heart |
10% |
Kidney preservation leads the market, driven by the rising cases of end-stage renal disease (ESRD).
Regional Insights
| Region |
Market Value (2034, USD Bn) |
CAGR (2024-2034) |
|---|---|---|
|
North America |
0.35 |
6.8% |
|
Europe |
0.28 |
6.5% |
|
Asia-Pacific |
0.25 |
8.2% |
Asia-Pacific is the fastest-growing region, with increasing healthcare infrastructure and awareness about organ donation.
Competitive Landscape
Key players include XVIVO Perfusion AB, TransMedics, Dr. Franz Köhler Chemie GmbH, and Paragonix Technologies. Companies are focusing on product innovation and expanding their geographical presence.
| Recent Developments |
Company |
Description |
|---|---|---|
|
Launch of LIVERguard |
Paragonix |
Advanced liver preservation system for extended viability. |
|
Partnership with Contatti Medical |
XVIVO Perfusion |
Expansion into Latin America for transplant networks. |
Frequently Asked Questions
- What is the projected value of the organ preservation market in 2034? The market is expected to reach USD 1.02 billion.
- Which organ type dominates the market? Kidney preservation leads the market with a 45% share in 2024.
- Which region exhibits the highest growth potential? Asia-Pacific, with a CAGR of 8.2% from 2024 to 2034.
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