USD 15 Billion
Global Transplantation Market Size, Share, Growth Analysis, By Application(Organ Transplantation, and Tissue Transplantation), By End-Use(Hospitals, Transplant Centers) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2158 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
62 |
Figures:
75
Global Transplantation Market Insights
Global 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 purpose of the transplantation market is to provide patients with a viable option for restoring organ function and improving their quality of life. A major driving factor behind the growth of the global transplantation market is the increasing prevalence of organ failure and chronic diseases worldwide. Factors such as aging populations, lifestyle changes, and a rising incidence of conditions like kidney disease, liver disease, and heart failure contribute to the growing demand for transplantation procedures. Moreover, advancements in surgical techniques, immunosuppressive medications, and tissue engineering technologies have improved transplant success rates, further fueling market growth. Another challenge is the complex nature of transplant procedures and the requirement for specialized infrastructure, skilled healthcare professionals, and post-transplant care.
Transplantation involves intricate surgical procedures, stringent patient selection criteria, and long-term immunosuppressive therapy. The high cost of transplantation, including pre-transplant evaluation, surgery, follow-up care, and immunosuppressive medications, poses a financial burden on healthcare systems and patients, impacting access to transplantation services. The global transplantation market presents opportunities for growth. Technological advancements, such as the use of machine perfusion to improve organ preservation and the development of novel immunosuppressive drugs with fewer side effects, offer promise for enhancing transplant outcomes. Additionally, increasing awareness about organ donation and transplantation, coupled with government initiatives and collaborations among healthcare organizations, can help address the organ shortage and expand transplantation programs.
The global transplantation market serves the vital purpose of providing life-saving and life-enhancing transplantation procedures to patients with organ failure and tissue damage. The market is driven by the increasing prevalence of chronic diseases, advancements in surgical techniques and technologies, and the potential to improve patient outcomes and quality of life. However, challenges such as organ shortage, complex procedures, and high costs exist. The market presents opportunities for innovation, increased organ donation rates, and improved transplant outcomes through technological advancements and collaborative efforts. The ongoing focus on research, infrastructure development, and public awareness is crucial to meet the growing demand and enhance access to transplantation services globally.
US Transplantation Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Tissue Transplantation
Fastest Growth
Tissue Transplantation
Growth Rate
9.3% CAGR
Global Transplantation Market ($ Bn)
Country Share for North America Region (%)
Global Transplantation Market By Application ($ Bn)
Global Transplantation Market By Application (%)
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Global Transplantation Market Segmental Analysis
The global transplantation market is segmented on the basis of application, end-use, and region. By application, the market is segmented into organ transplantation, and tissue Transplantation. By End-Use, the market is segmented into hospitals, transplant centers, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Transplantation Market Analysis by Application
In 2022, tissue transplantation emerged as the dominant segment in the transplantation market, with a market size of $79.2 billion. This is primarily due to the widespread need for replacing tissues such as skin, cornea, bones, heart valves, tendons, nerves, and veins, which are commonly required in medical procedures worldwide. The growing number of burn injuries and accidents further fuels the demand for tissue products. For instance, in Spain alone, according to the European Road Safety Observatory report, there were 102,362 reported injury accidents, creating a significant demand for tissue transplantation.
The organ transplantation segment is expected to experience substantial growth during the forecast period. This can be attributed to the increasing number of organ transplant procedures conducted globally and the repetitive purchase of immunosuppressants, which are essential for post-transplant care. For example, in 2017, approximately 90,306 kidney transplant procedures were performed globally, indicating the rising prevalence of organ transplantation. This trend is expected to continue, driving the growth of the organ transplantation market.
Transplantation Market Analysis by End-Use
In 2022, the hospitals segment held the largest market share of 49.5% in the transplantation market. Hospitals serve as primary treatment centers where a significant number of organ and tissue transplant procedures are performed. The presence of well-established infrastructure in hospitals further contributes to market growth. These hospitals often have access to comprehensive databases that enable quick and efficient checking of organ availability, facilitating prompt medical intervention.
The transplant centers segment is expected to witness the highest growth rate during the forecast period. The increasing number of transplantation procedures has created a demand for a greater number of healthcare centers to meet the growing needs of patients. Additionally, governments worldwide have taken initiatives to encourage organ donation, which is projected to drive market growth. An example of such initiatives is the Health Resources and Services Administration's Division of Transplantation, which has sponsored four grant programs aimed at increasing the number of organ donors and transplant procedures.
Global Transplantation Market By Application, 2023 (%)
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Global Transplantation Market Regional Insights
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.
The Asia Pacific market is projected to witness the highest growth rate during the forecast period. This can be attributed to the increasing research on stem cells for the development of in-vitro tissues and organs. Countries like India, Thailand, the Philippines, and Indonesia are also investing in developing their healthcare infrastructure, which contributes to the growth of the transplantation market in the region.
Global Transplantation Market By Geography, 2024-2031
- Largest
- Fastest
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Global Transplantation Market Dynamics
Transplantation Market Drivers
Increasing Prevalence of Chronic Diseases
- 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.
Technological Advancements
- Advancements in surgical techniques, immunosuppressive medications, and organ preservation methods have improved transplant success rates and expanded the pool of potential recipients. For instance, the development of minimally invasive transplantation procedures has reduced surgical complications and enhanced patient outcomes.
Transplantation Market Restraints
High Costs and Reimbursement Challenges
- Organ transplantation involves significant costs, including pre-transplant evaluation, surgery, post-operative care, and lifelong immunosuppressive medications. These expenses pose financial burdens on patients, healthcare systems, and insurance providers. Limited insurance coverage and reimbursement policies for transplant-related services further impact the affordability and accessibility of transplantation.
Organ Shortage
- The persistent shortage of organs for transplantation remains a major challenge. The demand for organs far exceeds the available supply, leading to long waiting lists and significant disparities in access to transplantation. This limitation necessitates efforts to increase organ donation rates, explore alternative sources such as xenotransplantation and tissue engineering, and optimize organ allocation systems.
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Global Transplantation Market Competitive Landscape
The global 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.
Transplantation Market Top Player’s Company Profiles
- 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)
Transplantation Market Recent Developments
- 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.
Global Transplantation Key Market Trends
- 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.
- Rise of Regenerative Medicine: The field of regenerative medicine holds promise for creating alternative sources of organs and tissues. Researchers are exploring technologies like tissue engineering, stem cell therapy, and organoids to develop functional tissues and organs in the laboratory, reducing the reliance on donor organs.
Global Transplantation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global transplantation market analysis, the demand for transplantation procedures is increasing due to the growing prevalence of chronic diseases and organ failure worldwide. Factors such as advancements in surgical techniques, immunosuppressive medications, and organ preservation technologies have contributed to the success rates of transplant procedures. However, the market faces challenges, including a shortage of available organs for transplantation and the high costs associated with the procedures. Efforts are being made by governments and organizations to promote organ donation and develop strategies to bridge the gap between organ supply and demand. Additionally, emerging trends in the market include the rise of living donor transplants and personalized medicine, which aim to enhance patient outcomes and individualize treatment approaches. Overall, the global transplantation market presents significant opportunities for healthcare providers, medical device manufacturers, and pharmaceutical companies to contribute to the advancement of transplant procedures and improve the lives of patients in need.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 15 Billion |
| Market size value in 2031 | USD 33.39 Billion |
| Growth Rate | 9.3% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Transplantation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Transplantation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Transplantation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Transplantation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Transplantation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Transplantation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Transplantation Market Report Snapshots
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