Increasing Prevalence of Organ Failure Accelerates the Growth of Global Organ Transplantation Market

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iCrowdNewswire   Jan 15, 2021  8:00 AM ET

Organ transplantation is one of the significant developments in modern-day medicine. Organ transplantation is a medical procedure in which the organ is removed from one body and transferred to another body to replace the organ that is missing or damaged. One of the major aspects of organ transplantation is the approval of the patient or the patient’s family.

As per Market Research Future (MRFR) analysis, the global organ transplantation market is expected to grow at 9.8% CAGR from 2017 to 2023 (forecast period). 

As per the National Kidney Foundation, more than 3,000 new patients are added to the kidney waiting list every month. As stated by the United Network for Organ Sharing, 21 people die every day in the United States waiting for an organ, and more than 120,000 men, women, and children are waiting for life-saving organ transplants.

Key Drivers

Some of the leading participants in the global organ transplantation market are Terumo Medical Corporation (US), Transonic (US), F. Hoffmann-La Roche Ltd. (Switzerland), Novartis International AG (Switzerland), OrganOX Limited (UK), Bio Med Pvt. Ltd. (US), Astellas Pharma, Inc (Japan), Transplant Biomedical (UK), TransMedic, Inc. (US), Accord Healthcare GmbH (Spain), Preservation Solutions, Inc. (US), Sanofi (France), Pfizer, Inc. (US), Veloxis Pharmaceuticals A/S (Denmark), GlaxoSmithKline Plc. (UK). 

Regional Analysis

Region-wise, the global market for organ transplantation has been segmented into the Americas, Europe, Asia Pacific, and Middle East & Africa.

The Americas dominates the worldwide demand for organ transplantation. The increasing prevalence of organ failure, rapid advances in the medical industry, well-developed healthcare systems, and higher spending on health care are critical factors in the growth of the American market. 

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Europe is the second-largest organ transplantation market, followed by the Asia Pacific. 

Market Segmentation

The global market for organ transplantation has been segmented into type, product, type of transplant, treatment, and end-users. 

Based on type, the global market for organ transplantation has been segmented into organs, heart, kidney, liver, lungs, and others. 

Based on products, the global market for organ transplantation has been segmented into organ preservation solutions, transplant diagnostics, tissue products, and others. 

Based on the type of transplant, the global market for organ transplantation has been segmented into autograft, xenograft and xenotransplantation, allograft and allotransplantation, and others.

Based on end-users, the global market for organ transplantation has been segmented into hospitals, transplant centers, and others. 

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TABLE OF CONTENTS

1 Organ Transplantation Market Introduction

1.1 Definition

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2 Organ Transplantation Market Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Organ Transplantation Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

Continued…

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Keywords:    Organ Transplantation Market, Organ Transplantation, Organ Transplantation Market Size, Organ Transplantation Market Share, Organ Transplantation Market Growth, Organ Transplantation Market Trends

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