According to the latest report by IMARC Group, titled “India Organ Preservation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The India organ preservation market reached a value of US$ 11.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.5 Million by 2027, exhibiting a CAGR of 7.7% during 2022-2027.
Organ preservation involves maintaining the viability and health of an organ harvested from a donor’s body for transplanting them into the body of a receiver. The procedure requires removing organs and storing them in static cold storage (SCS) before transporting them for transplantation surgery. This prevents the breakdown of healthy tissues by harmful metabolites, enhancing the ability to restore normal organ functionality after transplantation. Various techniques, such as hypothermic machine perfusion, static cold storage (SCS), normothermic machine perfusion (NMP), etc., are used for maintaining the organ’s temperature and oxygen levels. Apart from this, other special solutions are also applied for sustaining donor organ quality.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
Increasing occurrences of organ failures due to the growing prevalence of multiple chronic diseases, such as cardiovascular diseases, obesity, gastrointestinal disorders, etc., are primarily propelling the demand for organ preservation in India. Moreover, the expanding healthcare sector and continuous developments in medical technologies are acting as other growth-inducing factors for the market. Additionally, escalating per capita expenditures on healthcare services and the rising number of individuals volunteering to donate organs for research and transplant purposes are also bolstering the market growth. Furthermore, various initiatives undertaken by the Indian government and several other key market players to encourage organ donation are expected to further strengthen the market for organ preservation in India over the forecasted period.
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 Region:
North India
West and Central India
South India
East India
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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