IMARC Group’s report titled “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.
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Factors Affecting the Growth of the Europe Organ Preservation Industry:
- Increasing Demand for Organ Transplant:
The demand for organ transplantation refers to the increasing number of patients who require a transplant surgery to replace a failing or damaged organ, such as the heart, liver, kidney, or lungs. This demand is on the rise across Europe, and it is a fundamental driver in the organ preservation market. Besides, various health conditions, such as end-stage kidney disease, liver cirrhosis, heart failure, and respiratory disorders, are leading to the failure of vital organs. As the European population ages and lifestyles change, the prevalence of these conditions has been on the rise, thus propelling the market growth.
- Advancements in Organ Preservation Technologies:
Organ preservation technologies have undergone continuous improvement over the years, leading to significant enhancements in the success rates of organ transplantation. Methods like hypothermic and normothermic preservation methods have extended the viability of organs. This means that organs can be preserved for longer periods without compromising their function, which is crucial for matching donors and recipients and ensuring successful transplant surgeries, representing another major growth-inducing factor. Besides, with improved preservation techniques, medical professionals have more time to assess and match donor organs with recipients. This enhances the compatibility between the organ and the recipient’s immune system, reducing the risk of rejection and complications after transplantation.
- Rising Awareness and Education:
Awareness campaigns and educational efforts have played a crucial role in informing the public about the importance of organ donation and transplantation. Many awareness efforts provide information on how to become an organ donor. This includes information on how to register as an organ donor, both online and through official government programs. As people become more aware of the importance of organ donation, there has been a notable increase in voluntary organ donations. Individuals and families are opting organ donation, either for themselves or for deceased loved ones. This increase in donor availability directly impacts the availability of organs for preservation and transplantation.
Europe Organ Preservation Market Report Segmentation:
By Preservation Solution:
- UW Solution
- Custodiol HTK
- Perfadex
- Others
UW Solution represented the largest segment as it is widely recognized for its ability to maintain the viability and functionality of various organs, including kidneys, livers, and pancreases.
By Organ Donation Type:
- Living Organ Donation
- Deceased Organ Donation
On the basis of organ donation type, the market is bifurcated into living and deceased organ donation.
By Technique:
- Static Cold Storage Technique
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
- Others
Static cold storage technique represents the leading segment as its reliability and extensive clinical experience make it a preferred choice for many organ transplantation procedures.
By Organ Type:
- Kidney
- Liver
- Lung
- Heart
- Others
Kidney holds the largest market share as conditions such as chronic kidney disease (CKD) and end-stage renal disease (ESRD) lead to kidney failure, necessitating kidney transplantation.
By End User:
- Hospitals and Clinics
- Organ Banks
- Others
Based on end user, the market is segmented into hospitals and clinics, organ banks, and others.
By Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Germany represents the largest market as it boasts a robust and advanced healthcare infrastructure, including well-equipped hospitals and medical facilities.
Europe Organ Preservation Market Opportunities:
Presently, tailoring organ preservation methods to specific organ types and patient needs presents a promising opportunity in the market. Customized preservation techniques can enhance organ quality and reduce the risk of complications during transplantation. Besides, the development of portable organ preservation devices is simplifying transportation logistics and expand the reach of organ procurement. This can be especially beneficial for regions with limited access to transplantation centers. Moreover, collaborating with emerging markets in organ preservation research and development is leading to mutually beneficial partnerships. This can facilitate the exchange of knowledge and resources, ultimately driving advancements in the field.
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