The Organ Preservation Solution Global Market Report 2023, provides comprehensive information on the organ preservation solution market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global organ preservation solution market size is expected to grow from $255.35 billion in 2022 to $274.48 billion in 2023 at a compound annual growth rate (CAGR) of 7.49%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of organ preservation solution market is expected to reach $371.53 billion in 2027 at a CAGR of 7.86%.
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Product innovation is a key trend gaining popularity in the organ preservation solution market. Major companies operating in the organ preservation solution market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in October 2021, Paragonix Technologies Inc., a US-based provider of donor organ preservation and transport systems, launched the LIVERguard Donor Liver Preservation System, a new preservation and transport system for clinical and commercial use in the US and Europe. This system offers a meticulously regulated and advanced setting for hypothermic liver preservation, accompanied by real-time digital monitoring to ensure the protection of a donor’s liver throughout the entire transplant process, from donation to transplantation.
The organ preservation solution market is segmented:
1) By Solution Type: Viaspan, Custodiol-HTK (Histidine-Tryptophan-Ketoglutarate), Renograf, Hypothermosol, Perfadex, Lifor, HBS (Hyperosmotic Blood Substitute) Solution, siRNA (Small Interfering RNA) Transplant Solutions, Other Solution Types
2) By Organ Type: Kidneys, Liver, Lung, Heart, Other Organ Types
3) By Technique: Static Cold Storage (SCS) Technique, Hypothermic Machine Perfusion, Other Techniques
North America was the largest region in the organ preservation solution market in 2022.
The table of contents in TBRC’s organ preservation solution market report includes:
1. Executive Summary
2. Organ Preservation Solution Market Characteristics
3. Organ Preservation Solution Market Trends And Strategies
4. Organ Preservation Solution Market – Macro Economic Scenario
5. Organ Preservation Solution Market Segmentation
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26. South America Organ Preservation Solution Market
27. Brazil Organ Preservation Solution Market
28. Middle East Organ Preservation Solution Market
29. Africa Organ Preservation Solution Market
30. Organ Preservation Solution Market Competitive Landscape And Company Profiles
Top Major Players:
- Bristol-Myers Squibb Company
- Baxter International Inc
- Teva Pharmaceutical Industries Ltd
- Accord Healthcare
- BioLife Solutions Inc
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players
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