Transplantation Market Growth: Competitive Analysis and Trends
Transplantation
Market Size was estimated at USD 15.2 billion in 2022 and is poised to
reach at 31.18 billion in 2030 anticipated to expand at a compound annual
growth rate approx. CAGR of 9.4% for the forecast period of 2023-2030.
The transplantation market is a rapidly growing sector that
plays a crucial role in saving and improving countless lives worldwide.
Transplantation involves the transfer of organs, tissues, or cells from one
individual (the donor) to another (the recipient) to replace damaged or
dysfunctional organs.
Advancements in medical science, technology, and surgical
techniques have significantly contributed to the expansion of the
transplantation market. Organ transplantation, such as heart, liver, kidney,
lung, and pancreas transplants, has become more common and successful over the
years. This has been made possible by advancements in immunosuppressive drugs
that help prevent organ rejection and improve patient outcomes.
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The demand for transplantation continues to rise due to several
factors. Firstly, there is an increasing prevalence of chronic diseases like
end-stage renal disease, liver cirrhosis, heart failure, and respiratory
disorders. These conditions often necessitate organ transplantation as the only
viable treatment option.
KEY MARKET SEGMENTS
By Product
·
Tissue Products
·
Immunosuppressive Drugs
·
Preservation Solution
By Application
·
Organ Transplantation
·
Tissue Transplantation
By End-Use
·
Hospitals
·
Transplant Centers
·
Others
Major Players Listed in the Report are as Follows:
Abbvie,
Inc, Arthrex, Inc, Zimmer Biomet, Medtronic, Novartis AG, Strykers, 21st
Century Medicine, BiolifeSolutions, Inc, Teva Pharmaceuticals, Veloxis
Pharmaceutical and others.
Other
Report
Foot
Orthotic Insoles Market Analysis
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