Dublin, July 19, 2022 (GLOBE NEWSWIRE) -- The "Organ Preservation Market Share, Size, Trends, Industry Analysis Report, By Solution; By Technique; By End-User; By Organ Type; By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global organ preservation market size is expected to reach USD 410.24 million by 2030
Rising geriatric population and the increase in chronic diseases such as heart attacks and diabetes drive organ preservation industry growth during the forecast period. Diseases such as tuberculosis and liver cirrhosis are more prevalent in the elderly and may necessitate organ transplantation. Kidney-related ailments impact around one in three individuals with diabetes and one in five individuals suffering from high blood pressure.
Furthermore, the rising number of organ transplants in geriatric people is driving the market growth during the forecast period. According to the Organ Procurement and Transplantation Network, the increasing geriatric population significantly impacts the number of organ transplantation procedures performed, as the number of older people receiving organ transplants has increased.
For example, in the U.S., organ transplants in the over-65 age group increased from 8,691 in 2019 to 8,895 in 2021. According to the U.N. World Population, there have been 728 million people aged 65 or older in 2020; this figure is expected to rise to 1.5 billion by 2050, providing the potential for market growth. As a result, given the high vulnerability to conditions that cause organ failure, expansion in this population segment will be a significant driver of market growth.
U.W. solution segment garnered the largest revenue share. This solution can flush and store the kidneys, liver, and pancreas. It was the first cellular restoration medium widely regarded as the gold standard in organ conservation and protection. The increased adoption of U.W. solutions is attributed to the prevalence of metabolically inert substrates, which allow for better implantation outcomes, less histopathologic damage, and enhanced physiological function of organ systems when compared to other solutions.
Market Dynamics
Drivers and Opportunities
- Increasing initiatives to promote public awareness and encourage organ donation
- Growing healthcare investments
Restraints and Challenges
- High cost of organ transplantation
Porter's Five Forces Analysis
PESTLE Analysis
Organ Preservation Industry Trends
Value Chain Analysis
COVID-19 Impact Analysis
Some of Key Players Operating in the Market:
- Avionord
- Bridge to Life Limited
- Carnamedica
- Dr. Franz Kohler
- Essential Pharmaceuticals
- Global Transplant Solutions
- Institut Georges Lopez
- Organ Preservation
- OrganOx Limited
- Preservation Solutions
- Shanghai Genext
- Transplant Biomedicals
- Vascular Perfusion Solutions
Scope of the Report
Organ Preservation, Solution Outlook
- University of Wisconsin Solution (UW Solution)
- Custodial HTK
- Perfadex
- Other Solutions
Organ Preservation, Technique Outlook
- Static Cold Storage
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
Organ Preservation, End-User Outlook
- Organ Transplant Centers
- Hospitals
- Specialty Clinics
Organ Preservation, Organ Type Outlook
- Kidney
- Liver
- Lung
- Heart
- Pancreas
Organ Preservation, Regional Outlook
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Netherlands
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
For more information about this report visit https://www.researchandmarkets.com/r/1w5us2
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