According to the latest report by IMARC Group “Europe Organ Preservation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The Europe organ preservation market size reached US$ 65.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 94.8 Million by 2028, exhibiting a growth rate (CAGR) of 6.34% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Organ preservation represents the process of maintaining the viability of harvested organs and the ability to restore normal organ function post-transplantation. The process involves the removal of an organ from the body of the donor, storing, and transporting it to transplant into the body of the receiver. The procedure of organ preservation includes numerous techniques, such as normothermic machine perfusion (NMP), hypothermic machine perfusion, static cold storage (SCS), etc. This maintains the temperature and oxygen levels of the organ while increasing the survival rate of the receiver.
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Europe Organ Preservation Market Trends:
The growing prevalence of organ failures and the expanding healthcare sector are among the key factors stimulating the Europe organ preservation market. Moreover, the launch of improved reimbursement policies by government bodies and the widespread adoption of innovative medical technologies, which directly influence the morbidity and survival rates of a patient after transplantation, are acting as significant growth-inducing factors. Apart from this, these techniques aid in decreasing the probability of reperfusion injury during the process and exhibit improved results in cold storage for clinical and experimental studies, which is positively influencing the regional market. Furthermore, the increasing consumer awareness towards the benefits of organ donation via campaigns and digital platforms is propelling the market growth. Besides this, the rising number of accomplished medical professionals and the reduced costs of organ transplantations are also bolstering the regional market. Additionally, extensive investments in R&D activities by key market players are anticipated to fuel the Europe organ preservation market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Preservation Solution:
- UW Solution
- Custodiol HTK
- Perfadex
- Others
Breakup by Organ Donation Type:
- Living Organ Donation
- Deceased Organ Donation
Breakup by Technique:
- Static Cold Storage Technique
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
- Others
Breakup by Organ Type:
- Kidney
- Liver
- Lung
- Heart
- Others
Breakup by End-User:
- Hospitals and Clinics
- Organ Banks
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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