According to the current analysis of Reports and Data, the global Organ Perfusion System market was valued at USD 1.06 billion in 2018 and is expected to reach USD 1.46 billion by the year 2026, at a CAGR of 4.1%. Organ Perfusion Systems are used for storing the organs isolated from the donor’s body under a well-monitored environment to maintain the health of the organ before being transplanted into the receptor’s body. Most commonly perfused organs include the heart, kidney, liver, lungs, and others. Increasing prevalence of heart and respiratory diseases has led to an increase in the rates of organ failure. This is expected to drive the demand for organ transplantations. Rise in disposable income and changing lifestyle has led to an increase in heart disease cases while excessive alcohol consumption is increasing the rate of kidney failures, thus increasing the demand for kidney transplants. In addition, increasing awareness associated with organ donation has led to an increase in the number of registered organ donors. Increasing pharmaceutical research and growing investments in the new technologies is further expected to expand the market for organ perfusion system. Some strategies adopted by the major market players included joint ventures, partnerships, mergers & acquisitions, and the launch of new products. LivaNova, one of the leading providers of cardiovascular and neuromodulation solutions, designed a fifth-generation modular, heart-lunch machine, called cardiovascular S5, that provides higher standards for functionality, flexibility, and quality.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Some key highlights of the report:
- Organ Perfusion System market is growing at a CAGR of 5% in Asia Pacific followed by North America and Europe, with 4.2 % and 4.0% CAGR, respectively. High demand for organ transplantation is expected to drive the market for organ perfusion systems.
- As of 2018, Hypothermic is the dominating Organ Perfusion System which holds 64.1% of the global market. North American regional market is the chief revenue generating source for this product segment, followed by Asia-Pacific and European regions
- Presence of government initiatives such as National Organ transplant Programme and other non-profit organization such as Shatayu, Gift Your Organ, Multi Organ Transplantation and Human & Education Research (MOTHER) and many other organizations help in increasing the awareness of organ transplant.
- Introduction of new technology like the living organ transplant that is capable of keeping the organ alive for a longer duration of time after being removed from the body offers new growth opportunities.
- In order to maintain the health of the isolated organ, certain conditions and physiological parameters such as pH, pO2, pH and oxygen levels are required to be monitored. Some organs may require additional equipment and care based on their functions such as the isolated perfused lungs.
- Innovative technology enables easy storage and transplantations of organ from one person to another with reduced risks. The Organ Care System (OCS) Heart, which preserves a donor’s heart in a near-normothermic environment in a beating state until it is replanted in the receptor’s body.
- Growing government initiatives associated with organ donation and transplantation has eventually led to an increase in the number of organ transplantation cases. For example, Government of India enacted the Transplantation of Human Organs (Amendment) Act, for inclusion of grandchildren and grandparent in the ‘near relative’ category.
- Additionally, several non-government organizations are working towards increasing the awareness related to the deaths caused by organ failure and educating the people for organ donation. For instance, Apex Kidney Foundation was set up to prevent kidney diseases by educating the people and through early detection.
- A technology that enables the property of damage reversible is used for problematic organ transplantation like lungs. Only 20% of the lungs from a deceased donor is fit enough for transplantation, however, with the new technology, the lungs are kept on physiological circuit and are continuously ventilated and perfused till the damage is recovered and the lungs are healthy enough to be transplanted.
Key Players covered in this report are
Getinge AB (Sweden), Medtronic plc (Ireland), LivaNova PLC (U.K.), Terumo Corporation (Japan), and XENIOS AG (Germany), Lifeline Scientific, Inc. (U.S.), XVIVO Perfusion AB (Sweden), Repligen corporation and OrganOx., among others
Type (Revenue, USD Million; 2016–2026)
- Bioreactors perfusion systems
- Microfluidic perfusion systems
- Pressure-driven perfusion systems
Organ Type (Revenue, USD Million; 2016–2026)
- Heart
- Lung
- Liver
- Kidney
- Others
Technique Type (Revenue, USD Million; 2016–2026)
- Hypothermic
- Normothermic
Component Type (Revenue, USD Million; 2016–2026)
- Perfusion Pumps
- Oxygenators
- Heart Lung Machine
- Monitoring Systems
- Cannulas
- Others
End Use (Revenue, USD Million; 2016–2026)
- Hospital
- Clinic
- Ambulatory Surgical Centers
- Others
Key Regional Markets Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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