Organ Preservation Solution Market - By Solution (University of Wisconsin, Custodiol HTK, Perfadex, Celsior), Preservation Type (Static Cold Storage, Hypothermic, Normothermic), Organ (Kidney, Liver, Lungs), End-user, Global Forecast (2023-2032)
Report ID: GMI7564
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Published Date: December 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2022
Companies covered: 12
Tables & Figures: 270
Countries covered: 19
Pages: 155
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Organ Preservation Solution Market Size
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.
COVID-19 Impact
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.
Organ Preservation Solution Market Trends
Organ Preservation Solution Market Analysis
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.
Organ Preservation Solution Market Share
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:
Organ Preservation Solution Industry News:
The organ preservation solution market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments:
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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: