Tissue and organ transplantation refers to the surgical procedure of transferring tissues or organs from one person to another person to repair, replace or enhance the function of the recipient’s organ or tissue. The transplantation of tissues and organs has become one of the most rapidly growing specialty areas of medicine in the world. Tissue and organ failure profoundly impact people’s lives, however transplantation offers hope for millions of patients worldwide. Growing rates of organ failure due to lifestyle diseases and road accidents have boosted demand for tissue and organ transplantation globally. Advancements in transplantation techniques and immunosuppressive therapies that prevent rejection of transplants can also drive the market growth.
Market Dynamics:
Global tissue and organ transplantation market growth is primarily driven by rising prevalence of chronic diseases and lifestyle disorders resulting in organ failure. Growing geriatric population worldwide is also boosts demand for replacement tissues and organs. According to WHO, the number of people aged 65 years and older is projected to increase from 524 million in 2010 to nearly 1.5 billion in 2050. Furthermore, technological advancements in transplant procedures and development of more effective immunosuppressant drugs to prevent organ rejection can offer new opportunities for market players. However, high costs associated with tissue and organ transplantation surgeries and shortage of matching organs can hamper the market growth. Ethical concerns over organ trafficking and religious prohibitions on organ donations can hamper the supply of transplantable organs.
Key Features of the Study:
- This report provides in-depth analysis of the global tissue and organ transplantation market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global tissue and organ transplantation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Zimmer Biomet, Medtronic PLC, Novartis AG, Stryker Corporation, 21st Century Medicine, BiolifeSolutions, CryoLife, Lonza Group
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global tissue and organ transplantation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tissue and organ transplantation market
Detailed Segmentation-
- By Product Type
- Tissue Products
- Preservation Solution
- Immunosuppressive Drugs
- By Type of Transplant
- Living Donor Transplant
- Deceased Donor Transplant
- Autograft Transplant
- Xenograft Transplant
- Allograft Transplant
- By Application
- Organ Transplantation
- Tissue Transplantation
- By End User
- Hospital
- Transplant Centers
- Tissue Banks
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- BD (Becton, Dickinson and Company)
- LabWare
- Zimmer Biomet Holdings Inc.
- Novartis AG
- Pfizer Inc.
- Sanofi
- Medtronic PLC
- Abbott
- OrganOX Limited
- Terumo Corporation
- TransMedics Inc.
- BioLife Solutions Inc.
- Teva Pharmaceuticals
- Hoffmann-La Roche Ltd.
- Stryker Corporation
- CryoLife Inc.
- Abbvie, Inc
- Arthrex, Inc.