Hypothermic Perfusion Preservation Market Size is predicted to represent a 10.26% CAGR during the forecast period for 2023-2031.
The Hypothermic Perfusion Preservation Market refers to the industry that revolves around the use of hypothermic perfusion preservation techniques for the storage and transportation of organs intended for transplantation. This market is dynamic, driven by continuous research, technological advancements, and the rising global demand for efficient organ preservation techniques. Furthermore, the ongoing increase in healthcare expenditures in both developed and developing nations is a key factor contributing to the expansion of the hypothermic perfusion preservation market. Substantial investments in healthcare infrastructure, including specialized facilities for organ transplants, have facilitated the adoption of advanced preservation techniques, making a significant contribution to market growth.
However, the initial investment and continuous operational costs associated with hypothermic perfusion preservation devices are considerably high. Financial challenges stem from the expenses related to procuring and maintaining the equipment, as well as acquiring specialized preservation solutions. This economic burden poses a significant obstacle to the widespread adoption of these technologies, particularly in healthcare settings with limited resources
The hypothermic perfusion preservation market is segmented on the basis of end users and organ type. Based on end users, the hypothermic perfusion preservation market is segmented into hospitals, organ procurement organizations (OPOs), and transplant centres. By organ type, the market is segmented into heart, lungs, liver, kidneys, and others.
The transplant centres category is expected to hold a major share of the global Hypothermic Perfusion Preservation market in 2022. Specialized centres necessitate sophisticated preservation techniques to guarantee the viability of organs during their transportation and transplantation. Additionally, the increasing incidences of chronic diseases and organ failures have heightened the demand for effective organ preservation, leading to the widespread adoption of hypothermic perfusion preservation systems in transplant centres. This surge in adoption is contributing to the rapid growth of this segment.
The kidney segment is projected to grow at a rapid rate in the global hypothermic perfusion preservation market. Because of the widespread occurrence of end-stage renal disease and the consequent global demand for kidney transplants, there is an increased necessity for effective preservation techniques. The rising prevalence of conditions like diabetes and hypertension, which can result in kidney failure, has further heightened the demand. Moreover, the notable progress in hypothermic perfusion preservation technology has notably enhanced the success rates of kidney transplantation, solidifying the dominance of the kidney segment in the market.
The North America Hypothermic Perfusion Preservation market is expected to register the highest market share. In North America, increased investments in healthcare, including specialized facilities for organ transplants, have fostered the adoption of advanced preservation techniques. This positive trend has led to substantial growth in the market, reflecting a commitment to ensuring the effectiveness of organ transplantation procedures. In addition, Asia Pacific is estimated to grow at a rapid rate in the global hypothermic perfusion preservation market. Ongoing research, continuous technological advancements, and a growing demand for efficient organ preservation techniques characterize the market in APAC.
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 10.26% from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By End-Users, Organ Type |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Organ Recovery Systems, XVIVO Perfusion, Paragonix Technologies, TransMedics, Bridge to Life Ltd., Preservation Solutions Inc., OrganOx, Organ Assist, Waters Medical Systems LLC, and Preservation Sciences Inc., 21st Century Medicine (US), Shanghai Genext Medical Technology (China), Carnamedica (Poland), Transplant Biomedicals (Spain), Institut Georges Lopez (France), Global Transplant Solutions (US), Bridge to Life Limited (US), Avionord, Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Hypothermic Perfusion Preservation Market Snapshot
Chapter 4. Global Hypothermic Perfusion Preservation Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Organ Type Estimates & Trend Analysis
5.1. By Organ Type, & Market Share, 2020 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Organ Type:
5.2.1. Heart
5.2.2. Lungs
5.2.3. Liver
5.2.4. Kidneys
5.2.5. Others
Chapter 6. Market Segmentation 2: By End User Estimates & Trend Analysis
6.1. By End User & Market Share, 2020 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By End User:
6.2.1. Hospitals
6.2.2. Organ Procurement Organizations (OPOs)
6.2.3. Transplant Centres)
Chapter 7. Hypothermic Perfusion Preservation Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Hypothermic Perfusion Preservation Market revenue (US$ Million) estimates and forecasts By Organ Type, 2019-2031
7.1.2. North America Hypothermic Perfusion Preservation Market revenue (US$ Million) estimates and forecasts By End User, 2019-2031
7.1.3. North America Hypothermic Perfusion Preservation Market revenue (US$ Million) estimates and forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Hypothermic Perfusion Preservation Market revenue (US$ Million) By Organ Type, 2019-2031
7.2.2. Europe Hypothermic Perfusion Preservation Market revenue (US$ Million) By End User, 2019-2031
7.2.3. Europe Hypothermic Perfusion Preservation Market revenue (US$ Million) by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Hypothermic Perfusion Preservation Market revenue (US$ Million) By Organ Type, 2019-2031
7.3.2. Asia Pacific Hypothermic Perfusion Preservation Market revenue (US$ Million) By End User, 2019-2031
7.3.3. Asia Pacific Hypothermic Perfusion Preservation Market revenue (US$ Million) by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Hypothermic Perfusion Preservation Market revenue (US$ Million) By Organ Type, (US$ Million) 2019-2031
7.4.2. Latin America Hypothermic Perfusion Preservation Market revenue (US$ Million) By End User, (US$ Million) 2019-2031
7.4.3. Latin America Hypothermic Perfusion Preservation Market revenue (US$ Million) by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Hypothermic Perfusion Preservation Market revenue (US$ Million) By Organ Type, (US$ Million) 2019-2031
7.5.2. Middle East & Africa Hypothermic Perfusion Preservation Market revenue (US$ Million) By End User, (US$ Million) 2019-2031
7.5.3. Middle East & Africa Hypothermic Perfusion Preservation Market revenue (US$ Million) by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Organ Recovery Systems,
8.2.2. XVIVO Perfusion,
8.2.3. Paragonix Technologies,
8.2.4. TransMedics,
8.2.5. Bridge to Life Ltd.,
8.2.6. Preservation Solutions Inc.,
8.2.7. OrganOx,
8.2.8. Organ Assist,
8.2.9. Waters Medical Systems LLC,
8.2.10. Preservation Sciences Inc.,
Hypothermic Perfusion Preservation Market By End Users
Hypothermic Perfusion Preservation Market By Organ Type
Hypothermic Perfusion Preservation Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
