According to the research report titled ‘Global Organ Preservation Market - Analysis By Preservation Technique, By Organ Type, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)’, available with Market Study Report, global organ preservation market had generated revenues worth USD 202.2 million in 2019 and is predicted to expand significantly during the study period.
 

High supply-demand gaps in organ transplants, increased pervasiveness of chronic conditions, and technological advancements in this business domain are some of the primary growth stimulants of global organ preservation market.
 

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Growing demand for high-quality healthcare products and rising population are also positively impacting the overall market dynamics. Rising prevalence of hypertension coupled with widespread adoption of unhealthy lifestyle are stimulating global organ preservation industry outlook.
 

Escalating healthcare expenditure, mounting consumption of alcohol and tobacco and excessive exposure to highly polluted environments have impelled the demand for organ preservation solutions. Additionally, favorable regulatory outlook and improving cognizance regarding organ donations are facilitating the overall market scenario.
 

On the contrary, alarming increase in the number of COVID-19 patients across the globe has temporarily delayed global business activities, which in turn could act as a bottleneck to global organ preservation industry expansion. Regardless, recovering economic conditions and rising number of organ donors could provide lucrative growth opportunities for the industry participants in the ensuing years.
 

As per preservation technique, the report states that NMP (Normothermic machine perfusion) segment is expected to grow substantially over the study period. NMP technique usually involves the supply of organs with enough oxygen and nourishment that can allow for aerobic metabolism. This technique is extensively used for liver protection and other organs as well, thereby fueling the segmental share.
 

Moving on to preservation solution, HTK segment is estimated to generate lucrative returns for global organ preservation market in the ensuing years, owing to its properties such as fast homogenous cooling, excellent visibility and low density.
 

In terms of organ type, although the kidney segment accounts for the largest market share, the lung segment is predicted to expand considerably in the forthcoming years, primarily due to high occurrence of chronic obstructive pulmonary diseases.
 

Regionally, the report cites that Asia-Pacific is reckoned to stand tall in terms of revenue hierarchy, followed by Americas and Europe respectively. It is worth noting that surging healthcare expenditure, rising number of patients with chronic conditions, and large population base are favoring the overall market outlook in the Americas.
 

S.A.L.F. S.p.A., Global Transplant Solutions, Institut Georges Lopez, Organ Assist, Preservation Solutions Inc., OrganOx Ltd., Dr. Franz Köhler Chemie GmbH, CryoLife Inc., TransMedics Inc., Essential Pharmaceuticals LLC, and Xvivo Perfusion AB are the major companies operating in global organ preservation market.