Latin America Organ Preservation Market Size, Share, Forecast and Outlook (2024-2031)

Latin America Organ Preservation Market is segmented By Transportation Technique (Static Cold Storage (SCS), Hypothermic Perfusion Preservation (HPP), Normothermic Machine Perfusion, and Others) By Preservation Solution (University of Wisconsin Solution, Custodiol HTK, Perfadex, and Others) By Organ Type (Kidney, Liver, Lung, and Others), and By Region (Mexico, Brazil, Argentina and Rest of Latin America) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Latin America Organ Preservation Market Overview

The Latin America Organ Preservation Market is expected to grow at a CAGR of 6.5% during the forecast period 2023-2030.

Organ transplantation entails removing an organ from a donor body, transferring the organ, and transplanting the organ into another body while protecting the organ from major harm. Although inducing hypothermia by lowering organ temperature may aid in preservation, distinct bodily organs need specific and suitable storage settings to sustain their anatomical and physiological activities.

 The growing prevalence of organ failure, increased research and development, technological improvements, and rising chronic renal disease are the primary driving factors projected to fuel market growth.

Latin America Organ Preservation Market Summary and Scope

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Latin America Organ Preservation Market Drivers

The rising number of organ donors, numerous organ failure cases, and increased organ transplantation procedures are essentially driving the Latin American organ preservation market. Lifestyle change is the major reason for organ failures like kidney, liver, and heart failure. Due to hectic schedules, most individuals have increased their use of alcohol and smoking while decreasing their exercise, resulting in a variety of health problems.

In addition, since people have less time to cook, they get hooked on junk meals and packaged foods, which disrupt the digestive system and contribute to a various chronic disorders. As a consequence, these organ failure patients seek organ transplantation in order to live longer. Organ transplantation requires organ preservation to keep the organ from deteriorating or poisoning until surgery.

The growing acceptance of technical advances in organ preservation is expected to boost market expansion in Latin America. The leading industry players and researchers are focusing their efforts on creating innovative ways to preserve the organ for a few hours before transplantation. Furthermore, increased investments in organ preservation by Latin American governments and major industry players are expected to boost the Latin American market's development.

Latin America Organ Preservation Market Segmentation Analysis

The Latin America Organ Preservation Market is segmented by Transportation Technique, Preservation Solution, and Organ Type.

Transportation Technique: The Static Cold Storage Segment is Expected to Grow at the Fastest CAGR During the Forecast Period

The static cold storage (SCS) segment has the largest market share in the Latin America organ preservation market due to a rise in the number of organ failures, which has led to a growth in organ transplantation and research activities. Static cold storage involves the movement of donated organs on ice. For many decades, it has been the finest standard for the preservation of various organizations.

Static cold storage is based on hypothermia, which reduces the demand for oxygen as well as cellular metabolism, allowing for the preservation of organs to last longer. Cold storage reduces metabolic activity by around tenfold and promotes anaerobic metabolism, which interrupts the energy cycle. According to the nature journal article "Organ Preservation: From Past to Future," static cold storage is the most successful and easy method for organ preservation and transportation. This is the most prevalent strategy for organ preservation.

Latin America Organ Preservation Market Geographical Insights

By region the Latin America organ preservation market is segmented into Mexico, Brazil, Argentina and Rest of Latin America.

Latin America Accounted for A Moderate Share of the Global Market in 2023

Latin America had a modest proportion of the global market in 2023 and is predicted to rise at a steady CAGR during the forecast period due to increasing awareness about organ preservation and donation, as well as enhanced modern infrastructure in hospitals for transplantation operations. Consequently, the number of patients requiring liver transplantation in Latin America has skyrocketed.

Argentina and Brazil account for the majority of Latin America's market growth. Brazil ranks second in the world for transplant surgeries, necessitating market expansion. According to a recent survey, almost 23,000 individuals had undergone the transplanting surgery. Among them are 5,000 kidneys, 2,000 livers, 330 hearts, and so on. Brazil's Ministry of Health initiated an organ donation and tissue donation campaign for transplantation operations in 2022. The campaign's goal is to urge participants to donate organs after death, which helps to save another person's life. They also talk about it with family members and relatives in order to boost the quantity of contributions. The Brazilian government also raises awareness via television, outdoor media, social media, online portals, and radio.

The existence of several transplantation process centres in Argentina aids in the development of organ preservation facilities, which aids in the growth of the market. Argentina has enacted legislation requiring all citizens over the age of 18 to register as organ donors.

Competitive Landscape

The key players leading in the Latin America Organ Preservation Market include Essential Pharmaceuticals, Dr. Franz Kohler Chemie GmbH, Organ Recovery Systems, Xvivo Perfusion AB, and Waters Medical Systems LLC.