Organ Preservation Solution Market
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Organ Preservation Solution Market size was valued at USD 256.1 million in 2022 and is expected to grow at a CAGR of over 6.8% from 2023 to 2032. The major factors attributing to the growth of this market are increasing number of organ transplantation procedure, and rising healthcare investments.
Also, the advancements in preservation techniques, and rising awareness pertaining to the importance of organ donation will further augment the growth of this market. For, instance, according to the United Network of Organ Sharing, in U.S. 42,887 organ transplants were performed in 2022, nearly 3.7% of increase over 2021. Thus, usage of preservation solution owing to such organ transplant procedures is expected to spur the market expansion.
Organ preservation solutions are specially designed solutions used to protect and preserve organs outside of the body for transplantation or other medical purposes. These solutions/organ care products are crucial for maintaining the viability and function of organs between their removal from a donor to transplantation into a recipient.
Report Attribute | Details |
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Base Year: | 2022 |
Organ Preservation Solution Market size in 2022: | USD 256.1 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 6.8 |
2023 Value Projection: | USD 499.1 Million |
Historical Data for: | 2018 to 2022 |
No of Pages: | 155 |
Tables, Charts & Figures: | 270 |
Segments Covered: | Solution, Preservation Type, Organ, End-user, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The organ preservation solution market was significantly impacted by the COVID-19 pandemic. The pandemic has led to disruptions in healthcare systems worldwide, affecting elective procedures, including organ transplantation and supply chain. Many transplant centers had to prioritize resources for COVID-19 patients, leading to a temporary decline in transplant procedures including HLA typing for transplant. Moreover, the decreased availability of donors during the pandemic has directly affected the necessity for organ preservation solutions.
Based on solution, the market is classified into University of Wisconsin solution (UW), custodiol HTK solution, perfadex solution, steen solution, celsior solution, hypothermosol solution, and other solutions. The university of Wisconsin solution (UW) segment accounted for 38.2% business share in 2022.
Based on preservation type, the organ preservation solution market is categorized into static cold storage, hypothermic machine perfusion, and normothermic machine perfusion. The static cold storage segment dominated the market and is expected to reach USD 297.3 million by 2032.
Based on organ, the organ preservation solution market is segmented into kidneys, liver, lungs, heart, and other organs. The kidney segment held highest business share in 2022 and is projected to witness growth at 7%.
Based on end-user, the organ preservation solution market is divided into organ transplant, hospitals, and other end-users. The organ transplant centers segment held significant market share and was valued at USD 134.2 million in 2022.
The North America organ preservation solution market size in 2022 was USD 103 million and is anticipated to reach USD 196.5 million over the analysis period.
The market is witnessing intense competition with diverse range of players aiming to innovate, enhance product offerings, and expand their global footprint. Waters Medical Systems LLC, Xvivo Perfusion AB, Transmedics, Inc. are prominent players in this market. Market players are vying for a competitive edge by addressing the evolving needs of organ transplantation and offering solutions that enhance organ viability, ease of use, and patient outcomes.
Market players operating in the organ preservation solution industry are as mentioned below:
By Solution, 2018 – 2032 (USD Million)
By Preservation Type, 2018 – 2032 (USD Million)
By Organ, 2018 – 2032 (USD Million)
By End-user, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries:
North America organ preservation solution market was worth USD 103 million in revenue in 2022 and is anticipated to reach USD 196.5 million by 2032 driven by the well-developed and advanced healthcare infrastructure.
Some major organ preservation solution firms are Waters Medical Systems LLC, Xvivo Perfusion AB, Transmedics, Inc., Preservation Solutions, Inc., Paragonix Technologies, Inc., Organox Limited, Dr. Franz Koehler Chemie GmbH, Accord Healthcare Inc., and Shanghai Genext Medical Technology.
Organ preservation solution industry size reached USD 256.1 million in 2022 and is projected to expand at 6.8% CAGR from 2023-2032 driven by the rising number of organ transplantation procedures coupled with the massive healthcare investments.
University of Wisconsin (UW) segment accounted for 38.2% share of the organ preservation solution industry in 2022 and is estimated to record substantial growth through 2032 attributed to the presence of established distribution networks for facilitating its accessibility to transplantation centers.