The global Organ Transplantation Market size is expected to reach USD 32.94 Billion in 2030 and register a revenue CAGR of 11.5% over the forecast period, according to the latest report by Reports and Data. Rising prevalence of various chronic diseases which can lead to organ failure and growing need for Organ Transplantation procedures across the globe are factors driving Organ Transplantation market revenue growth to a significant extent.
Organ Transplantation is a process of removing an organ or tissue from the donor’s body and Organ Transplantationing it into the recipient's body to replace a failed or damaged organ. Human organs such as kidney, lung, liver, pancreas, cornea, and skin can all be Organ Transplantationed. Organ Transplantations aid in the restoration of a healthy body and help the patient live a healthy lifestyle. Technological advancements have helped in improving the success rate of Organ Transplantations, and tissue Organ Transplantations using advanced products are being performed at a significantly high rate. In addition, advanced software and systems make tissue and organ preservation more convenient.
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Some Key Highlights From the Report
- On February 2022, Hansa Biopharma AB, a Sweden-based company, announced that it has got authorization from French Haute Autorité de Santé (HAS) for Idefirix. The company will use Idefirix to desensitize highly sensitized patients undergoing kidney Organ Transplantations.
- Tissue product segment accounted for largest revenue share in 2021 due to an increase in demand for tissue and organ Organ Transplantation. Increasing prevalence of diseases including diabetes, cancer, cardiovascular disease, renal disease, and Alzheimer's disease has put a large population at risk of irreversible tissue damage, requiring a greater need for tissue Organ Transplantation, which is expected to continue to drive revenue growth of the segment.
- Organ Organ Transplantation segment accounted for largest revenue share in 2021. Organ Organ Transplantation is the process of removing an organ from a donor and Organ Transplantationing it into the patient's body to replace an organ. An increasing number of organ Organ Transplantations are being performed around the world as a result of the high rate of organ failure caused by chronic diseases and an unhealthy lifestyle, which is driving revenue growth of the segment.
- Hospital segment accounted for largest revenue share in 2021 as a result of huge number of medical procedures and operations performed in hospitals. Most hospitals have accessibility to well-defined organ databases, which could be used to verify the supply of requested organs, allowing for quicker medical treatment.
- Market in North America accounted for largest revenue share in 2021. Development and innovation in Organ Transplantation products and presence of vast biotechnology and medical product industries, as well as advanced healthcare facilities are factors driving revenue growth of Organ Transplantation market in this region
Competitive Outlook of the Global Organ Transplantation Market
The globla Organ Transplantation market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Organ Transplantation market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
\Veloxis Pharmaceuticals, Inc., Abbott, Becton, Dickinson, and Company (BD), bioMérieux SA, Bio-Rad Laboratories, Inc., CareDx, Inc., F. Hoffmann-La Roche Ltd, Hologic, Inc, Illumina, Inc., and QIAGEN.
Organ Transplantation Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Tissue Products
- Immunosuppressive Drugs
- Preservation Solutions
Wound Type Outlook (Revenue, USD Billion; 2019–2030)
- Organ Organ Transplantation
- Tissue Organ Transplantation
End-use Outlook (Revenue, USD Billion; 2019–2030)
- Hospital
- Organ Transplantation Center
- Others
Geographic Segment Covered in the Report:
The Organ Transplantation report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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