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North America Organ Preservation Solutions Market

2021

Biotechnology North America Organ Preservation So...

North America Organ Preservation Solutions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Solution [University of Wisconsin Solution (UW), Custodiol HTK, Perfadex, and Others], Technique (Static Cold Storage, Hypothermic Machine Perfusion, Normothermic Machine Perfusion, and Others), and Organ Type (Kidneys, Liver, Lungs, Heart, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025778 | No. of Pages: 120 | Category: Biotechnology | Status: Published

Market Insights

North America Organ Preservation Solutions Market to Grow at a CAGR of 6.8% to reach US$ 162.88 million Million from 2021 to 2028

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The organ preservation solutions market in North America is expected to grow from US$ 102.86 million in 2021 to US$ 162.88 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Growing demand for organ transplantation is the major factor driving the growth of the North America organ preservation solutions market. Organ transplantation is a surgical procedure used when a patient's organ no longer functions properly. Organ transplantation is most for heart, liver, and kidney. However, the rising prevalence of chronic diseases is necessitating organ transplantation for organs such as the lung, pancreas, cornea, and vascular tissues. Organ transplantation is regarded as one of the most significant advances in modern medicine. Rise in chronic diseases that cause damage to the functions of the heart, lung, liver, kidney, and other organs is leading to an increase in the number of organ transplants. Moreover, excessive alcohol consumption leads to liver cirrhosis and ultimately needs liver transplant and a poor diet contribute to the development of renal and hepatic illnesses, which can lead to organ failure. This is yet another factor contributing to the growth of the organ transplantation and therefore preservation solutions market. Transplantation surgeries are becoming more common. The developed countries have seen an increase in the number of organ transplant surgeries. According to the National Chronic Kidney Disease Fact Sheet 2017 (US), approximately 30 million people in the US are estimated to have chronic kidney disease. Similarly, the National Institute of Diabetes and Digestive and Kidney Diseases reported that in 2017 nearly 661,000 Americans have kidney failure, with 468,000 undergoing dialyses and approximately 193,000 undergoing kidney transplantations. As a result, the rising incidence of chronic kidney diseases is likely to increase the demand for kidney transplantation in the coming years, which boosts the need for solutions to keep the organs in a healthy condition. Similarly, it is expected that the rising cases of heart diseases will drive the market in the coming years.

In North America, the COVID-19 pandemic has had a significant impact on the US. The country has recorded the highest number of cases in the region. Various healthcare research centers across the country were solely focused on COVID 19 treatments. Due to the scarcity of physicians in the area, the focus of healthcare facilities has shifted from organ transplantation and other surgeries to the COVID-19 management. On the other hand, COVID-19 causes complications in individual solid organ transplant candidates and recipients, as well as in the organ transplantation procedures. Based on the detection of viral RNA in organs that can be transplanted (e.g., lung, heart, kidney, intestine), there is a theoretical risk of transmitting SARS-CoV-2 (the virus that causes COVID-19) from an organ donor to a recipient; however, only a single donor-derived infection from a lung recipient has been reported in the US to date. As solid organ transplant recipients are immunocompromised, they may be at a greater risk of contracting COVID-19 after transplantation, although this link has not been explored. In addition, various recommendations have been noted in the vaccination plan of organ transplantation patients. These instructions are in line with the advice and guidance of the International Society for Heart and Lung Transplantation (ISHLT); the American Society of Transplantation (AST) also recommends vaccination at least two weeks prior to transplantation. COVID-19-related issues have hampered organ transplantation in the region, posing a threat to the organ preservation solution market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America organ preservation solutions market. The North America organ preservation solutions market is expected to grow at a good CAGR during the forecast period.
North America organ preservation solutions market

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North America Organ Preservation Solutions Market Segmentation

North America Organ Preservation Solutions Market – By Solution

  • University of Wisconsin Solution (UW)
  • Custodiol HTK
  • Perfadex
  • Others

North America Organ Preservation Solutions Market – By Technique

  • Static Cold Storage
  • Hypothermic Machine Perfusion
  • Normothermic Machine Perfusion
  • Others

North America Organ Preservation Solutions Market – By Organ Type

  • Kidneys
  • Liver
  • Lungs
  • Heart
  • Others

North America Organ Preservation Solutions Market, by Country

  • US
  • Canada
  • Mexico

North America Organ Preservation Solutions Market - Companies Mentioned

  • 21ST CENTURY MEDICINE
  • Accord Healthcare
  • Bridge to Life Ltd
  • Dr. Franz Koehler Chemie GmbH
  • OrganOx Limited
  • Paragonix Technologies, Inc
  • TransMedics
  • Waters Medical Systems LLC
  • XVIVO Perfusion

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Organ Preservation Solutions Market – By Solution

1.3.2 North America Organ Preservation Solutions Market – By Technique

1.3.3 North America Organ Preservation Solutions Market – By Organ Type

1.3.4 North America Organ Preservation Solutions Market – By Country

2. North America Organ Preservation Solutions Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Organ Preservation Solutions Market – Market Landscape

4.1 Overview

4.2 North America PEST Analysis

4.3 Expert Opinions

5. North America Organ Preservation Solutions Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand for Organ Transplantation

5.1.2 Rising Cases of Chronic Diseases Leading to Kidney Failure

5.1.3 Increase in Geriatric Population

5.2 Market Restraints

5.2.1 Organ Transplant Surgeries Being Expensive

5.2.2 Organ Transplant Surgeries Having Limited Number of Donors

5.3 Market Opportunities

5.3.1 Cardiovascular Diseases (CVDs) Getting More Common

5.4 Impact Analysis

6. Organ Preservation Solutions Market – North America Analysis

6.1 North America Organ Preservation Solutions Market Revenue Forecast and Analysis

7. North America Organ Preservation Solutions Market Analysis – By Solution

7.1 Overview

7.1.1 North America Organ Preservation Solutions Market, By Solution 2021 & 2028 (%)

7.2 University of Wisconsin Solution (UW) Market

7.2.1 Overview

7.2.2 University of Wisconsin solution (UW) Market Revenue and Forecasts to 2028 (US$ Thousand)

7.3 Custodiol HTKs

7.3.1 Overview

7.3.2 Custodiol HTKs Market Revenue and Forecasts to 2028 (US$ Thousand)

7.4 Perfadex

7.4.1 Overview

7.4.2 Perfadex Market Revenue and Forecasts to 2028 (US$ Thousand)

7.5 Others

7.5.1 Overview

7.5.2 Others Market Revenue and Forecasts to 2028 (US$ Thousand)

8. North America Organ Preservation Solutions Market Analysis – By Technique

8.1 Overview

8.2 North America Organ Preservation Solutions Market Share, by Technique, 2021 and 2028 (%)

8.3 Static Cold Storage

8.3.1 Overview

8.3.2 Static Cold Storage: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

8.4 Hypothermic Machine Perfusion

8.4.1 Overview

8.4.2 Hypothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

8.5 Normothermic Machine Perfusion

8.5.1 Overview

8.5.2 Normothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

8.6 Others

8.6.1 Overview

8.6.2 Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

9. North America Organ Preservation Solutions Market– By Organ Type

9.1 Overview

9.2 North America Organ Preservation Solutions Market Share, by Organ Type, 2021 and 2028 (%)

9.3 Heart

9.3.1 Overview

9.3.2 Heart: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

9.4 Lung

9.4.1 Overview

9.4.2 Lung: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

9.5 Kidney

9.5.1 Overview

9.5.2 Kidney: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

9.6 Liver

9.6.1 Overview

9.6.2 Liver: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

9.7 Others

9.7.1 Overview

9.7.2 Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

10. North America Organ Preservation Solution Market – Country Analysis

10.1 North America: Organ Preservation Solution Market

10.1.1 Overview

10.1.3 North America: Organ Preservation Solution Market, by Country, 2021 & 2028 (%)

10.1.3.1 US: Organ Preservation Solution Market– Revenue and Forecast to 2028 (USD Thousand)

10.1.3.1.1 US: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

10.1.3.1.2 US: Organ Preservation Solution Market, by Solution, 2019–2028 (USD Thousand)

10.1.3.1.3 US: Organ Preservation Solution Market, by Technique, 2019–2028 (USD Thousand)

10.1.3.1.4 US: Organ Preservation Solution Market, by Organ Type, 2019–2028 (USD Thousand)

10.1.3.2 Canada: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

10.1.3.2.1 Canada: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

10.1.3.2.2 Canada: Organ Preservation Solution Market, by Solution, 2019–2028 (USD Thousand)

10.1.3.2.3 Canada: Organ Preservation Solution Market, by Technique, 2019–2028 (USD Thousand)

10.1.3.2.4 Canada: Organ Preservation Solution Market, by Organ Type, 2019–2028 (USD Thousand)

10.1.3.3 Mexico: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

10.1.3.3.1 Mexico: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

10.1.3.3.2 Mexico: Organ Preservation Solution Market, by Solution – 2019–2028 (USD Thousand)

10.1.3.3.3 Mexico: Organ Preservation Solution Market, by Technique – 2019–2028 (USD Thousand)

10.1.3.3.4 Mexico: Organ Preservation Solution Market, by Organ Type, 2019–2028 (USD Thousand)

11. Impact Of COVID-19 Pandemic on North America Organ Preservation Solutions Market

11.1 North America: Impact Assessment of COVID-19 Pandemic

12. Organ Preservation Solutions Market–Industry Landscape

12.1 Overview

12.2 Growth Strategies in the Organ Preservation Solutions Market, 2021-2028

12.3 Inorganic Growth Strategies

12.3.1 Overview

12.4 Organic Growth Strategies

12.4.1 Overview

13. Company Profiles

13.1 Waters Medical Systems LLC

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 XVIVO Perfusion

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 TransMedics

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 OrganOx Limited

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Paragonix Technologies, Inc

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Dr. Franz Koehler Chemie GmbH

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Accord Healthcare

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8ST CENTURY MEDICINE

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Bridge to Life Ltd

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. US: Organ Preservation Solution Market, by Solution – Revenue and Forecast to 2028 (USD Thousand)

Table 2. US: Organ Preservation Solution Market, by Technique – Revenue and Forecast to 2028 (USD Thousand)

Table 3. US Organ Preservation Solution Market, by Organ Type – Revenue and Forecast to 2028 (USD Thousand)

Table 4. Canada Organ Preservation Solution Market, by Solution – Revenue and Forecast to 2028 (USD Thousand)

Table 5. Canada Organ Preservation Solution Market, by Technique – Revenue and Forecast to 2028 (USD Thousand)

Table 6. Canada Organ Preservation Solution Market, by Organ Type – Revenue and Forecast to 2028 (USD Thousand)

Table 7. Mexico Organ Preservation Solution Market, by Solution – Revenue and Forecast to 2028 (USD Thousand)

Table 8. Mexico Organ Preservation Solution Market, by Technique – Revenue and Forecast to 2028 (USD Thousand)

Table 9. Mexico Organ Preservation Solution Market, by Organ Type – Revenue and Forecast to 2028 (USD Thousand)

Table 10. Recent Inorganic Growth Strategies in the Organ Preservation Solutions Market

Table 11. Recent Organic Growth Strategies in the Organ Preservation Solutions Market

Table 12. Glossary of Terms, Organ Preservation Solutions Market

LIST OF FIGURES

Figure 1. North America Organ Preservation Solutions Market Segmentation

Figure 2. North America Organ Preservation Solutions Market Segmentation, By Country

Figure 3. North America Organ Preservation Solutions Market Overview

Figure 4. University of Wisconsin solution (UW) Segment Held Largest Share of North America Organ Preservation Solutions Market

Figure 5. US to Show Significant Growth During Forecast Period

Figure 7. North America PEST Analysis

Figure 8. North America Organ Preservation Solutions Market Impact Analysis of Drivers and Restraints

Figure 9. North America Organ Preservation Solutions Market – Revenue Forecast and Analysis – 2020- 2028

Figure 10. North America Organ Preservation Solutions Market, By Solution 2021 & 2028 (%)

Figure 11. North America University of Wisconsin solution (UW) Market Revenue and Forecasts to 2028 (US$ Thousand)

Figure 12. North America Custodiol HTKs Market Revenue and Forecasts to 2028 (US$ Thousand)

Figure 13. North America Perfadex Market Revenue and Forecasts to 2028 (US$ Thousand)

Figure 14. North America Others Market Revenue and Forecasts to 2028 (US$ Thousand)

Figure 15. North America Organ Preservation Solutions Market Share, by Technique, 2021 and 2028 (%)

Figure 16. North America Static Cold Storage: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

Figure 17. North America Hypothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

Figure 18. North America Normothermic Machine Perfusion: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

Figure 19. North America Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (US$ Thousand)

Figure 20. North America Organ Preservation Solutions Market Share, by Organ Type, 2021 and 2028 (%)

Figure 21. North America Heart: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

Figure 22. North America Lung: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

Figure 23. North America Kidney: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

Figure 24. North America Liver: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

Figure 25. North America Others: Organ Preservation Solutions Market– Revenue and Forecast to 2028 (USD Thousand)

Figure 26. North America: Organ Preservation Solution Market, by Key Country – Revenue (2021) (USD Thousand)

Figure 27. North America: Organ Preservation Solution Market, by Country, 2021 & 2028 (%)

Figure 28. US: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

Figure 29. Canada: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

Figure 30. Mexico: Organ Preservation Solution Market – Revenue and Forecast to 2028 (USD Thousand)

Figure 31. Impact of COVID-19 Pandemic in North American Country Markets

Figure 32. Growth Strategies in the Organ Preservation Solutions Market, 2021-2028

  1. 21ST CENTURY MEDICINE
  2. Accord Healthcare
  3. Bridge to Life Ltd
  4. Dr. Franz Koehler Chemie GmbH
  5. OrganOx Limited
  6. Paragonix Technologies, Inc
  7. TransMedics
  8. Waters Medical Systems LLC
  9. XVIVO Perfusion
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America organ preservation solutions market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America organ preservation solutions market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the organ preservation solutions market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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