Organ Preservation Market Analysis And Forecast To 2031: By Organ Type (Kidneys, Liver, Lung, Heart), By Preservation Technique (Static Cold Storage, Hypothermic Machine Perfusion, Normothermic Machine Perfusion), By Solution (University of Wisconsin (UW), Custodial HTK, Perfadex) And Region
The global organ preservation market was valued at USD 226.3 million in 2021 and it is anticipated to grow up to USD 444.3 million by 2031, at a CAGR of 7.0% during the forecast period.
Organ preservation is basically a procedure under which organs donated for transplantation are stored and preserved under proper temperature and surroundings. This preservation process generally involves flushing the organ with specific preservation solution dependent on the requirements and storing them on the basis of different techniques as required by the organ.
Global Organ Preservation Market Scope and Report StructureMarket Trends and Drivers
Growing geriatric population and subsequent growth in cases of multiple organ failure will positively boost the overall industry expansion. Multiple organ failure is among the most common causes of death in ICUs, mainly caused by sepsis. It is estimated that 26–50% of patients diagnosed with sepsis develop acute renal failure, and up to 20% show acute respiratory failure (Source: Society of Critical Care Medicine). The elderly are at a higher risk of acute renal failure due to an age-related decline in the glomerular filtration rate and the renal plasma flow. Diabetes also increases the vulnerability to these conditions and multiple organ failure. Diseases such as tuberculosis and liver cirrhosis are more common among geriatric individuals and may make it necessary for individuals to undergo organ transplants. According to the Organ Procurement and Transplantation Network, the growth of the geriatric population has a large impact on the number of organ transplantation procedures carried out, as the number of older people receiving organ transplants has grown. For instance, the US observed an increase in the number of organ transplants in the above-65 age group—from 8,691 in 2019 to 8,895 in 2021. As a result, the growth in this population segment, given its high susceptibility to conditions causing organ failure, will be a key driver of market growth
Market Restraints and Challenges
High cost of organ transplantation may impede the market growth. Organ transplantation is a resource-intensive procedure involving highly paid doctors and surgeons, expensive transportation, and pricey drugs that make it expensive. The charges associated with inpatient care, organ procurement, preservation, post-operative recipient care, and anti-rejection medication increase the overall cost. Patients also need to incur additional costs of traveling, lodging, meals, hospital visits, and other medical testing expenditures for evaluation or follow-ups scheduled at the transplant center for an advised time period of medical supervision. For low-income patients, such expenses directly compete with expenditure on necessities such as food, clothing, and shelter, which often renders organ transplantation procedures inaccessible without external aid. Organ transplantation is highly inequitable, but governments could promote more low-cost interventions or provide financial aid for high-cost surgeries, especially for low-income patients. Thus, the high cost of transplant procedures is one of the major factors restricting the growth of the organ preservation market. However, the cost of organ transplants performed in China and India is comparatively lower than in developed nations, encouraging medical tourism to these countries.
Global Organ Preservation Market Segmental Overview
The report analyses the global organ preservation market based on Organ Type, Preservation Technique, Solution, and region.
Global Organ Preservation Market by Organ Type
Based on organ type, it is segmented into kidneys, liver, lung, heart and others. Among these, removable brace segment accounted for significant market share in 2021. The kidney segment held the largest market share in 2019. Increasing cases of kidney failures and number of kidney transplant procedures across the globe are the major factors influencing the segment growth. According to a report published by the NHS in 2019, in the U.S. around 37.00 million patients suffer from chronic kidney disease and almost 726,000 suffer from end-stage renal disease every year. Various awareness campaign related to the benefits of kidney transplant is also anticipated to promote segment growth. For instance, NHS launched ‘Advancing American Kidney Health’ Initiative with an aim to improve the lives of patients suffering from kidney disease in the U.S.
Global Organ Preservation Market by Preservation Technique
Based on preservation technique, it is segmented into static cold storage, hypothermic machine perfusion, normothermic machine perfusion and others. Among them, normothermic machine perfusion segment is expected to experience the fastest growth rate during the forecast period. In this technique, the organ is provided with sufficient nutrition and oxygen that enables aerobic metabolism. It also helps to provide better transplantation outcomes and reduces the chance of post-transplantation side effects. It is majorly used for liver preservation but is also allows efficient preservation of other organs as well. Therefore, such advantages are expected to promote market growth over the forecast period.
Global Organ Preservation Market by Solution
Based on solution, it is segmented into university of wisconsin (UW), custodial HTK, perfadex, and others. Perfadex segment is anticipated to witness the fastest CAGR over the forecast period. This solution is specifically formulated to preserve the integrity and function of organs that are rich in endothelium at the time of cold ischemic storage and flushing before reperfusion and transplantation. This solution is majorly used for lung preservation but can be used to preserve other organs as well. Therefore, such advantages are anticipated to promote segment growth over the forecast period.
Geographical Analysis of Global Organ Preservation Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America held the largest share in the market. Rising acceptance of innovative healthcare technologies, high prevalence of chronic kidney diseases and heart failure, better reimbursement policies, and increasing investments for improving healthcare infrastructure are the major factors promoting the growth. Furthermore, rising geriatric population and an increasing number of organ transplantation procedures are also expected to promote the regional market growth.
Major Players in the Global Organ Preservation Market COVID-19 Impact
The coronavirus disease has had an impact on all facets of healthcare, including the execution of life-saving procedures like organ transplantation by altering the process of organ donation and recovery. The spread of COVID-19 has profoundly impacted organ donation and transplantation worldwide. It has disrupted these actions and significantly reduced donation and transplant activities across the globe, leading to a decline in the demand for organ preservation products. In many countries, transplants from deceased donors were limited to only urgent situations and transplants from living donations were put on hold during the period of the outbreak. This resulted in lost opportunities for a large number of vulnerable patients on transplant waiting lists. The pandemic has also resulted in a decrease in the number of potential deceased organ donors, saturation of healthcare systems and ICU capacities, limited access to donor and recipient testing for the infection, and challenges in travel/transport logistics for retrieval teams and donated organs.
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