Transparency Market Research

The Organ Preservation Solutions Market to Reach USD 204.9 Million by 2019: Transparency Market Research

Transparency Market Research projects that the global market for organ preservation solutions will grow at a CAGR rate of 16.5% during the forecast period of 2013 to 2019


Albany, NY -- (SBWIRE) -- 11/13/2014 -- In its latest research report published recently, Transparency Market Research states, the global organ preservation solutions market is likely to grow by CAGR of 16.5% from 2013 to 2019. This market was valued at USD 0.06 billion in 2012. However, it is expected to reach a valuation of USD 204.9 million 2019. The report titled, “Organ Preservation Solutions Market (By Solutions - Viaspan, Custodiol HTK, Renograf, Hypothermosol, Perfadex, Lifor, HBS Solution, siRNA Transplant Solution and Others, and By Preservation Techniques- Hypothermic Perfusion Preservation, Static Cold Storage and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, is available for sale on the company’s website.

The healthcare industry has a growing demand for organ replacements. With innumerable surgeries and techniques to save lives - and even grant new lives in some cases - organ replacement such as liver and kidney are becoming a common reality. In the face of such medical development the organ preservation solutions market is gaining fast momentum.

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Organ preservation is a method of saving the organs of the body when they are no longer in a body. Different solutions are applied to preserve these organs until they are given to the recipient. These organs are removed and preserved for various reasons such as transplant, research, study, and even testing of drugs. The growth in organ preservation solutions market is largely due to increasing number of patients for transplant, increasing number of donations, rising number of organ failures to due change in lifestyle, and rising geriatric population.

Hypothermic perfusion preservation (HPP) and static cold storage (SCS), and others are some of the techniques used to preserve the organs. The market for HPP is expected to rise at a CAGR of 19.2% between 2013 to 2019. The biggest market driver for HPP will be its ability to save the organs for a longer duration of time with the help of machine perfusion technique.

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Against this backdrop, the global organ preservation solutions market is likely to increase at CAGR 16.5% in the coming six years. The largest market share holder of organ preservation solutions is Europe. This region is expected to grow at a CAGR of 17.3% during the forecasted period in the report.

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The biggest players in ruling the organ preservation solutions market are Teva Pharmaceutical Industries Ltd.,Bristol-Myers Squibb, Dr. Franz KöhlerChemie GmbH, XVIVO Perfusion AB andBioLife Solutions, Inc. These are the top players accounted for 90% of the revenue for this industry. The players in the business Lifeline Scientific, Claris Lifesciences Ltd., 21st Century Medicine and BioTime, Inc, and CryoLife Inc.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.