Organ Preservation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Organ Preservation Market Analysis

The organ preservation market is expected to register a CAGR of 6.3% over the forecast period.

The coronavirus infection has impacted all aspects of healthcare, including the execution of life-saving treatments such as organ transplantation, by affecting the process of organ donation and recovery. The emergence of COVID-19 has had a significant influence on organ donation and transplantation around the world. It has interrupted these actions and drastically curtailed donation and transplant activities worldwide, resulting in a drop in demand for organ preservation products. According to the study published in the Israel Journal of Health Policy Research in January 2022, compared to pre-pandemic figures, the number of organs retrieved per donor decreased during the pandemic (from 3.8/donor to 3.4/donor ). Thus decreasing organ preservation during the pandemic. However, the market is gradually stabilizing as COVID-19 cases are declining, resulting in the return of the normal demand levels for organ preservation. Thus, COVID-19 is expected to significantly impact the organ preservation market over the forecast period.

Factors driving the market growth include rising cases of multiple organ failure in the aging population, technological advancements, and increasing government and NGO initiatives to encourage organ donation. When people have chronic kidney disease (CKD), their kidneys get damaged and may not clean the blood as healthy kidneys do over time. For instance, in April 2021, as per an article published by Aging and Disease Editorial, renal mass declines by about 10% per decade from 30 to 80 years old as people age. Renal blood flow decreases by approximately 10% per decade, along with a decline in glomerular filtration rate at a similar rate after age 40. However, single-nephron glomerular filtration rate and glomerular volume remain relatively constant with healthy aging. Thus, the surge in organ diseases may contribute to organ failure, leading to the need for organ transplantation, thus increasing the demand for organ preservation.

Additionally, various initiatives are taken by the government to promote organ donation, further expanding the market growth. For instance, in April 2021, the Biostasis Research Institute launched and funded the Organ and Tissue Preservation Center at the University of Minnesota to focus on technologies to safely and rapidly rewarm cryopreserved organs and other living systems. Similarly, in September 2021, Shenna Bellows, Secretary of State, joined organ donor recipients and supporters in launching a state-wide Maine Organ Donation Campaign. Banners and window clings are being placed in BMV offices to educate the public and encourage donors to register.

Thus, all the above-mentioned factors are expected to boost market growth over the forecast period. However, the high cost of organ transplantation may restrain the market growth over the forecast period.

Organ Preservation Market Trends

Liver Segment holds Significant Share of the Organ Preservation Market

Organ Preservation Industry Segmentation

As per the scope of the report, organ preservation is the ability to maintain ex vivo organ viability and the capacity to restore normal organ function at restitution of physiological blood flow. The organ preservation market is segmented by technique (static cold storage (SCS) technique, hypothermic machine perfusion, and normothermic machine perfusion), product type (preservation solutions, transport systems, and others), organ type (kidneys, liver, lung, heart, and others), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.