Organ Preservation Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Organ Preservation market from 2023 to 2033, covering current trends, market dynamics, segmentation, and regional insights.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $204.80 Million |
| CAGR (2023-2033) | 6.1% |
| 2033 Market Size | $375.73 Million |
| Top Companies | Organ Recovery Systems, Bridge to Life, TransMedics |
| Last Modified Date | 15 Nov 2024 |
Organ Preservation Market Report (2023 - 2033)
Organ Preservation Market Overview
What is the Market Size & CAGR of the Organ Preservation market in 2023?
Organ Preservation Industry Analysis
Organ Preservation Market Segmentation and Scope
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Organ Preservation Market Analysis Report by Region
Europe Organ Preservation Market Report:
The European organ preservation market is expected to increase from $50.28 million in 2023 to $92.24 million by 2033, aided by high healthcare standards, an aging population, and increased funding for research into better preservation methods.Asia Pacific Organ Preservation Market Report:
The Asia Pacific organ preservation market is expected to grow from $39.61 million in 2023 to $72.67 million by 2033, driven by increasing investments in healthcare infrastructure and rising awareness about organ donation. Rapid population growth and increasing incidences of organ failures are key factors that will spur the market's expansion in this region.North America Organ Preservation Market Report:
North America's market is the largest, projected to grow from $75.84 million in 2023 to $139.13 million by 2033. Major factors include robust healthcare systems, advanced technology adoption, and strong organ transplantation programs that contribute significantly to market growth.South America Organ Preservation Market Report:
In South America, the organ preservation market will expand from $17.69 million in 2023 to $32.46 million by 2033. The growth is attributed to improved healthcare access and emerging technologies. However, challenges such as limited resources hinder optimal growth potential.Middle East & Africa Organ Preservation Market Report:
In the Middle East and Africa, the market will grow from $21.38 million in 2023 to $39.23 million by 2033. This growth is primarily due to rising healthcare expenditures and efforts to establish more effective organ donation systems in the region.Request a custom research report for industry.
Organ Preservation Market Analysis By Technology
Global Organ Preservation Market, By Technology Market Analysis (2023 - 2033)
The technology segment of the organ preservation market includes traditional static cooling techniques, which dominate the market, and advancements such as hypothermic machine perfusion that represent rapidly growing sectors. The static cooling technique captured 85.35% of the market share in 2023, reflecting its established role in preservation. In contrast, dynamic cooling techniques are gaining traction, growing from $30 million in 2023 to $55.04 million by 2033, driven by their enhanced efficiency.
Organ Preservation Market Analysis By Organ Type
Global Organ Preservation Market, By Organ Type Market Analysis (2023 - 2033)
The organ type segment comprises hearts, kidneys, liver, lungs, and pancreases. In 2023, the heart preservation market stood at $96.97 million and is predicted to grow to $177.91 million by 2033, driven by high transplantation rates. Similarly, liver preservation will grow from $43.62 million to $80.03 million during the same period, reflecting increased healthcare interventions. The kidney segment is also significant, projected to expand from $20.97 million in 2023 to $38.47 million by 2033.
Organ Preservation Market Analysis By Technique
Global Organ Preservation Market, By Technique Market Analysis (2023 - 2033)
The key preservation techniques include cold storage, hypothermic machine perfusion, and normothermic machine perfusion. The cold storage technique leads the market with a sizable share of 67.2% in 2023, projected to grow from $137.63 million to $252.49 million by 2033. Hypothermic machine perfusion also shows promise, expanding from $57.79 million to $106.03 million as an alternative technique with improved organ viability rates.
Organ Preservation Market Analysis By Application
Global Organ Preservation Market, By Application Market Analysis (2023 - 2033)
Applications include transplantation, research and development, and biobanking. Transplantation accounts for the largest segment, valued at $137.63 million in 2023 and expected to double by 2033. The research application is also significant, projected to grow from $57.79 million to $106.03 million, highlighting the essential role of preservation in academic and clinical research.
Organ Preservation Market Analysis By End User
Global Organ Preservation Market, By End-User Market Analysis (2023 - 2033)
End-users of organ preservation solutions include hospitals and transplant centers, which dominate the market. Hospitals are projected to hold 67.2% of the market share in 2023, with expectations of continued dominance through 2033. Transplant centers will also see significant growth, expanding their market revenue from $57.79 million to $106.03 million, emphasizing their role in improving transplant outcomes.
Organ Preservation Market Trends and Future Forecast
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Global Market Leaders and Top Companies in the Organ Preservation Industry
Organ Recovery Systems:
A leader in organ preservation solutions, providing innovative technologies to enhance organ viability during transportation and transplantation processes.Bridge to Life:
Known for its cutting-edge preservation solutions, Bridge to Life focuses on improving organ function and maximizing transplant viability.TransMedics:
Specializing in organ transport solutions, offering advanced perfusion technologies that have transformed organ preservation and transplantation.We're grateful to work with incredible clients.
