Market Research Report
Global Organ Preservation Market - Analysis By Preservation Technique (SCS, HMP, NMP, Others), Preservation Solutions, By Organ Type, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)
|Global Organ Preservation Market - Analysis By Preservation Technique (SCS, HMP, NMP, Others), Preservation Solutions, By Organ Type, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)|
Published: July 31, 2020
Content info: 200 Pages
Delivery time: 2-3 business days
Global Organ Preservation Market was valued at USD 202.2 million in the year 2019 on the backdrop of significant supply-demand imbalance in solid organ transplants. Rising prevalence of chronic kidney & heart disease, augmented number of end stage organ failure, chronic obstructive pulmonary disease (COPD) across the globe, technological advancements in organ preservation supply chain coupled with the rising demand for healthcare products are the major factors impelling the market growth. Further, rising geriatric population, hypertension, unhealthy lifestyle and increasing government initiatives creating awareness and importance of organ donation are some of the factors driving the market and anticipated to infuse growth in the market for Organ Preservation during the forecast period of 2020-2025. Factors such as enhanced healthcare spending, rising geriatric population, practice of unhealthy lifestyle & lack of physical inactivity, consumption of alcohol, smoking tobacco and excessive exposure to polluted environment are the crucial factors that develop chronic kidney, heart and lung diseases are supposed to augment the demand for organ preservation products and services.
The growth of the market is hampered in 2020 due to the occurrence of coronavirus pandemic in which all worldwide business activities are put at hold for the first few months of the year. But various transplant and organ donation associations have resumed their activities of creating awareness, convincing and registering people for donation and making organs available to patients with end stage organ failure due to which the market is expected to recover and accelerate in the coming years.
While the SCS Preservation Technique is the most common because of the lowest cost, the technique of Normothermic machine perfusion is foreseen to witness the xx CAGR over the forecast period. In this strategy, the organ is supplied with adequate nourishment and oxygen that empowers aerobic metabolism. It likewise assists with giving better transplantation results and lessens the side effects of post-transplantation reactions. It is significantly utilized for liver protection but on the other hand is permits effective preservation of different organs too.
On the basis of Preservation Solution Segment, The HTK solution is favored in organ preservation arrangements because of its properties of fast homogenous cooling due to low thickness and excellent visibility. On the basis of Organ Type, Kidney held the largest market share during the historical period. However, demand for lung preservation is estimated to grow with highest CAGR owing to increasing incidence of having Chronic Obstructive Pulmonary Disease and other life-threatening lung diseases in large number of people across all the regions.
Among the regions, APAC is followed by Americas and Europe. Americas region is the most attractive region for the growth of Organ Preservation industry owing to large targeted population base coupled with increasing healthcare spending, prevalence of chronic diseases, rise in government contribution and awareness programs.
List of Tables
Table A: Preservation methods for various organs
Table B: Prominent Organ Preservation companies operated in Americas Market
Table C: Prominent Organ Preservation companies operating in Europe Market
Table D: Global Access to Healthcare Index, Ranking of Select Countries in Asia Pacific Region, 2017 (score out of 10)
Table E: Prominent Organ Preservation companies operated in Asia Pacific Market
Table F: List of various companies in organ preservation market and common features of Perfusion Systems