According to the latest report by IMARC Group "Organ Preservation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global organ preservation market reached a value of US$ 163.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 242.6 Million by 2027, exhibiting at a CAGR of 6.8% during 2022-2027.
Organ preservation refers to the process of preserving the healthy organ that is received from a donor until it is transplanted into the body of the receiver. It is performed using numerous techniques, which include static cold storage (SCS), hypothermic machine perfusion and normothermic machine perfusion (NMP), to maintain the temperature and oxygen levels of kidneys, liver, lungs, heart and other organs. Amongst these, static cold storage (SCS) currently represents one of the widely preferred methods to minimize tissue damage and keep organs feasible before transplantation.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The rising geriatric population represents one of the key factors escalating the demand for organ preservation as older people are more prone to health problems and organ failure. Additionally, several governing and non-governing authorities are encouraging organ donation, which in turn is propelling the market growth. Other than this, the introduction of innovative and advanced solutions, such as Celsior and Collins solutions, are expected to create a positive outlook for the market in the coming years.
Breakup by Preservation Solution:
Breakup by Organ Donation Type:
Breakup by Technique:
Breakup by Organ Type: