Global Transplantation Market

Transplantation Market Size, Share, Growth Analysis, By Application(Organ Transplantation, and Tissue Transplantation), By End-Use(Hospitals, Transplant Centers, and Others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35D2158 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 62 | Figures: 75

Transplantation Market News

  • In March 2023, the FDA approved the use of the SynCardia Total Artificial Heart for patients with end-stage heart failure who are not eligible for heart transplantation. The SynCardia heart is a fully implantable artificial heart that can be used as a bridge to transplantation or as a permanent replacement for a failing heart.
  • In February 2023, the FDA approved the use of the Enliven Organ Care System for the ex-vivo perfusion of livers for transplantation. The Enliven system is a new type of device that has been shown to improve liver function and survival rates in patients undergoing transplantation.
  • In January 2023, the FDA approved the use of the Organ Preservation Solution (OPS) for the preservation of kidneys for transplantation. OPS is a new type of preservation solution that has been shown to improve kidney function and survival rates in patients undergoing transplantation.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Transplantation Market size was valued at USD 15 Billion in 2022 and is poised to grow from USD 16.4 Billion in 2023 to USD 33.39 Billion by 2031, at a CAGR of 9.3% during the forecast period (2024-2031).

The transplantation market is highly competitive in nature and consists of several major players striving to maintain their market positions. These companies are engaged in developing innovative products and expanding their geographic presence through strategic collaborations, mergers, and acquisitions. The competitive landscape is characterized by intense competition, technological advancements, and a focus on research and development to improve transplant outcomes. To gain a competitive edge, market players are investing significantly in research and development activities to develop innovative solutions and improve the success rates of transplantation procedures. They also focus on expanding their product portfolios through strategic acquisitions and collaborations with research institutions and other industry players. For instance, Medtronic, a leading player in the transplantation market, has been actively involved in developing advanced surgical tools, organ preservation solutions, and immunosuppressive therapies. 'Medtronic (US)', 'Novartis AG (Switzerland)', 'AbbVie Inc. (US)', 'Zimmer Biomet Holdings, Inc. (US)', 'Stryker Corporation (US)', 'CSL Limited (Australia)', 'Johnson & Johnson (US)', 'Roche Holding AG (Switzerland)', 'Pfizer Inc. (US)', 'Sanofi (France)', 'Merck & Co., Inc. (US)', 'Astellas Pharma Inc. (Japan)', 'Bristol-Myers Squibb Company (US)', 'Takeda Pharmaceutical Company Limited (Japan)', 'AstraZeneca (UK)', 'GlaxoSmithKline plc (UK)', 'Fresenius Medical Care AG & Co. KGaA (Germany)', 'Integra LifeSciences Holdings Corporation (US)', 'Organogenesis Holdings Inc. (US)', 'Terumo Corporation (Japan)'

The rising incidence of chronic diseases such as end-stage renal disease, liver cirrhosis, heart failure, and respiratory disorders has fueled the demand for organ transplantation. For example, the growing number of patients with diabetes and its complications has led to a higher demand for kidney and pancreas transplants.

Growing Focus on Precision Medicine: Precision medicine approaches aim to personalize transplant therapies by considering individual genetic profiles, immunological compatibility, and disease characteristics. This trend includes the use of biomarkers, genetic testing, and advanced diagnostics to tailor immunosuppressive therapies and optimize patient outcomes.

In 2022, North America emerged as the dominant region in the transplantation market capturing a market share of 39.0%. This region is expected to maintain its dominance throughout the study period. The well-developed healthcare facilities and the presence of major biotechnology and medical devices companies, including Arthrex, Inc., Zimmer Biomet, Medtronic, Novartis AG, and Stryker, contribute to the market's growth in this region. However, there is a growing gap between the demand and supply of organs such as kidneys, livers, and hearts for transplantation. To address this issue, governments and non-governmental organizations (NGOs) in various countries have initiated programs to encourage organ donation and save lives. The implementation of new guidelines and rules for organ donation has made the process more transparent and accessible.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Transplantation Market

Report ID: SQMIG35D2158

$5,300
BUY NOW GET FREE SAMPLE