US Organ Preservation Market Overview
The US Organ Preservation Market was valued at USD 69.3 million in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030, reaching nearly USD 90.58 million. Organ preservation involves removing, storing, and transporting viable organs from donors to recipients using advanced techniques like static cold storage, hypothermic machine perfusion, and normothermic machine perfusion. These methods maintain organ viability, temperature, and oxygenation, ensuring successful transplantation. The market growth is driven by the rising prevalence of chronic diseases, advancements in preservation technologies, and increasing organ donation awareness.
Market Scope
The market includes various preservation solutions, techniques, and end users, addressing the needs of both living and deceased organ donations. With technological advancements, the adoption of innovative solutions such as UW Solution, Custodiol HTK, and Perfadex has gained prominence. The scope of this market encompasses solutions to improve organ viability, minimize wastage, and address challenges related to donor availability and logistics.
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Market Drivers
- Chronic Disease Prevalence: The growing burden of chronic diseases like diabetes, hypertension, and cardiovascular disorders has escalated the need for organ transplants. Over 106,000 individuals in the US await transplants annually, as per the CDC.
- Technological Advancements: Innovations like normothermic machine perfusion and hypothermic storage solutions enhance organ viability, improving transplant success rates.
- Government Initiatives: Programs promoting organ donation, coupled with public awareness campaigns, contribute to the increasing donor pool.
Market Trends
- Rising Deceased Organ Donations: This segment dominates the market with a 30% share in 2023, driven by growing awareness and advancements in storage and logistics.
- Shift Towards Normothermic Machine Perfusion: This technique outperforms traditional cold storage by extending organ viability, reducing wastage, and improving transplantation outcomes.
- Public Awareness Campaigns: Efforts to debunk myths surrounding organ donation encourage more registrations, expanding the donor pool.
Segmentation
By Preservation Solution
- UW Solution
- Custodiol HTK
- Perfadex
By Organ Donation Type
- Living Organ Donation
- Deceased Organ Donation
By Technique
- Static Cold Storage
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
By Organ Type
- Kidney
- Liver
- Lung
- Heart
By End User
- Hospitals and Clinics
- Organ Banks
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Leading Key Players
- Xvivo Perfusion AB
- Organ Recovery Systems
- Waters Medical Systems
- TransMedics, Inc.
- Paragonix Technologies, Inc.
- Essential Pharmaceuticals, LLC
- OrganOx Limited
- Bridge to Life Ltd.
- 21st Century Medicine, Inc.
These players focus on R&D to enhance preservation solutions and address challenges like donor scarcity and logistical inefficiencies.
Regional Analysis
The US leads the organ preservation market, fueled by advanced healthcare infrastructure, supportive policies, and rising chronic disease rates. Key regions like California, Texas, and New York exhibit higher adoption rates due to robust organ donation programs and technological integration.
Key Questions Answered
- What is the projected market size of the US Organ Preservation Market by 2030?
- Nearly USD 90.58 million.
- What are the key drivers of market growth?
- Increasing chronic disease prevalence, technological advancements, and government initiatives promoting organ donation.
- Which preservation technique is gaining traction?
- Normothermic machine perfusion, for its ability to improve organ viability.
- What challenges does the market face?
- Ethical concerns, logistical delays, donor shortages, and high costs of transplantation.
- Who are the leading players in the market?
- Xvivo Perfusion AB, Organ Recovery Systems, and TransMedics, Inc., among others.
Conclusion
The US Organ Preservation Market is poised for steady growth, driven by rising demand for organ transplants, technological advancements, and supportive government initiatives. Addressing ethical and logistical challenges will be critical in ensuring equitable access to life-saving transplants while fostering innovation in preservation techniques.
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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