Global organ preservation market is anticipated to grow at a substantial CAGR of 6.8% during the forecast period (2024-2031). The market expansion is driven by advancements in transplantation technologies increasing cases of organ failure and growing public awareness about organ donation. The increase in the elderly population, who are more prone to conditions necessitating organ transplants, is driving market growth. Additionally, the increase in the number of organ donors and increasing initiatives to encourage organ donation are also contributing to market growth. The widespread application of preservation solutions across kidneys, liver, lungs, and heart transplants is driving the growth of the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/organ-preservation-market-size
Recent Advancements in the Global Organ Preservation Market
- In June 2024, Paragonix Technologies, a provider of organ transplant technology, announced the PancreasPak organ preservation system, the first FDA-cleared device designed to protect and monitor donor pancreases during transportation. Leveraging the proven principles of Paragonix’s SherpaPak Cardiac Transport System, used in 1 of every 3 cases across the US, the new device promises to deliver unprecedented levels of tracking and control in pancreatic transplantation.
- In February 2024, researchers at the Mount Sinai Recanati/Miller Transplantation Institute received $5.0 million to expand technology used to preserve and salvage donated organs.
- In December 2023, Paragonix launched a nationwide organ transplant logistics network. Paragonix has opened seven supply hubs in the US, as part of an organ procurement network with over 50 surgeons and organ preservation specialists.
- In August 2023, TransMedics Group, Inc., a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, announced the acquisition of Bridge to Life Ltd.
- In March 2022, XVIVO launched EU MDR certification for its kidney assist transport system. XVIVO is likely that the approval allows more patients to gain kidneys via the transport system. The transportable organ perfusion system allows for continuous oxygenation of kidneys. It signifies the XVIVO B.V. quality management system, which corresponds to abdominal products to meet the requirement of new PU medical device regulation.
Full report of Organ Preservation Market available @ https://www.omrglobal.com/industry-reports/organ-preservation-market-size
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Technique
o By Organ Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- BioLife Solutions Inc., Organ Recovery Systems, Inc. TransMedics, Inc., Preservation Solutions, Inc., and XVIVO among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Organ Preservation Market Report Segment
By Technique
- SCS (Static Cold Storage)
- DCS (Dynamic Cold Storage)
By Organ Type
- Kidney
- Liver
- Lung
- Heart
- Other Organs (Pancreas, Intestine)
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/organ-preservation-market-size
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.