Global Transplant Market Size, Share, Opportunities, And Trends By Type (Tissue Transplant, Organ Transplant), By End-Use (Hospitals, Transplant Centers, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Apr 2024
  • Report Code : KSI061612245
  • Pages : 128
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The transplant market is expected to grow at a CAGR of 9.35%, reaching a market size of US$31.238 billion in 2029 from US$16.709 billion in 2022.

Transplantation is the process of a tissue specimen or a complete organ being transplanted or transferred to another place from its original site. The transplanted organ or tissue will have nourishment and develop in the new, healthier environment compared to the original site. The transplant process is a process that is widely employed in the current medical and healthcare field. The transplantation process is widely used in the case of tissues and organs such as kidneys, hearts, livers, and so on. The transplantation techniques developed in the medical field have given way to new developments and innovations in the medical field. The increasing number of cases of chronic diseases and the rising number of surgeries are driving the market growth of the global transplant market. The rising health awareness and consciousness of people are also driving the market growth of the global transplant market. The support of the government in promoting organ banks and organ transplantation is also contributing to the market growth of the global transplant market.  International healthcare organizations' awareness programs are also promoting and encouraging people to donate organs and tissues, which contributes to the global transplant market's growth.  The rising rate of organ registration is also expected to increase the demand for organ transplants in the upcoming years. The research and development process taking place in the organ transplant field is resulting in advanced developments and innovations in the organ transplant market. The investment of major players like Abbvie Inc. and Arthrex Inc. in organ transplantation is fuelling the growth of the global transplant market.

MARKET DRIVERS:

  • Rising Demand for Organ Transplants and Increasing Cases of Chronic Diseases

The increasing demand and popularity of organ transplantation are boosting the market growth of the global organ and tissue transplant market. The efficiency offered by transplantation methods or surgeries and the success rate of transplant methods are giving potential to the growth of the global transplant market. According to the reports of PAHO (Pan American Health Organisation), about 100+ lung transplantation surgeries take place in the United States every year. The United States Department of Health and Human Services states that about 107,000 people are on the national transplant waiting list as of 2021. The increased rate of organ transplantation and organ registration is raising the market size of the global transplant market. The rising incidence of chronic diseases is also one of the major factors driving the growth of the global transplant market. According to the data from the ALA (American Lung Association), about 9 million adults suffered from chronic bronchitis in 2018, which led to lung transplantation and surgery. ALA also states that around 200,000 new lung cancers are reported in the U.S. every year. The rising demand for organ and tissue transplantation as an effective treatment for some chronic diseases is driving the market growth of the global transplant market.

  • Government Initiatives and Support

The high level of support offered by governments and other organizations is one of the major factors driving the market growth of the global transplant market. Government initiatives and policies are assisting in the growth of the global transplant market.  The organ and tissue banks developed by the collaboration of governments and private companies are also fuelling the growth of the global transplant market. The high investment of companies in the organ transplant market is enhancing the development and innovations in the global transplant field. The development of new 3D technologies and advanced features in the field introduced by major companies is also fuelling the growth of the global transplant market. Government initiatives, including public campaigns, education programs, and legislative measures, can increase organ donation awareness and increase donor organ availability. They also establish and enforce regulatory frameworks for organ transplantation, allocate funding for research and development, and enhance healthcare infrastructure, including transplant centers, to ensure safe and effective transplant procedures.

The region of North America is anticipated to dominate the market

Geographically, the North American region is expected to showcase drastic growth in the global transplant market. The well-developed infrastructure and the presence of leading companies are contributing to the market growth in the North American region. The presence and increasing rate of chronic diseases are also propelling the growth of the global transplant market. North America is expected to dominate the global transplant market due to its advanced healthcare infrastructure, research and innovation, high incidence of chronic diseases, well-established organ procurement and transplantation networks, regulatory environment, availability of donor organs, economic factors, and collaborations between transplant centers, healthcare institutions, and pharmaceutical companies. The region's advanced medical facilities support successful implementation of organ transplantation procedures. The high incidence of chronic diseases, such as end-stage renal disease, liver failure, and heart failure, drives the demand for transplant procedures. The regulatory environment, including oversight by organizations like the United Network for Organ Sharing, influences the transplantation market. The region's efforts in promoting organ donation and transplantation awareness contribute to the higher availability of donor organs.

Key Developments:

  • October 2022- ZEISS Medical Technology has received FDA clearance for its new MTLawton, a new generation of bipolar forceps for electrosurgery. These forceps, made from a special copper-base alloy, reduce tissue adhesion and coagulation for efficient preparation. The extended shaft also reduces visual restrictions in the surgical field, allowing surgeons to perform more efficiently during electrosurgical procedures. The forceps are expected to reduce tissue adhesion and charring during tissue dissection.
  • March 2022- Biocomposites has partnered with global medical technology leader Zimmer Biomet to distribute Genex Bone Graft Substitute in the U.S. orthopedic market. The biphasic composite is designed to balance osteoconductive scaffold strength and persistence in the body, enabling optimal bone architecture remodeling. The new agreement includes a new closed-mixing system for the U.S. market, reducing preparation time and extending working time. Genex also offers a more comprehensive set of delivery options, allowing surgeons to inject, mold, or prepare beads according to their preferred technique.

Global Transplant Market Scope:

 

Report Metric Details
Market Size Value in 2022 US$16.709 billion
Market Size Value in 2029 US$31.238 billion
Growth Rate CAGR of 9.35% from 2022 to 2029
Base Year 2022
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Billion
Segments Covered
  • Type
  • End-Use
  • Geography
Companies Covered
  • Abbvie Inc.
  • Arthrex Inc.
  • Medtronic PLC
  • Teva Pharmaceuticals
  • Zimmer Biomet
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Market Segmentation

  • By Type
    • Tissue Transplant
    • Organ Transplant
  • By End-Use
    • Hospitals
    • Transplant Centers
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others
 

Frequently Asked Questions (FAQs)

The global transplant market is projected to reach a total market size of US$213.128 billion by 2027.

Transplant Market was valued at US$165.413 billion in 2020.

The transplant market is projected to grow at a CAGR of 3.69% during the forecast period.

The North American region is expected to dominate the global transplant market owing to the well-developed infrastructure and presence of leading companies in the region.

Factors contributing to the bariatric surgery market growth are the increase in obesity, rising cases of type 2 diabetes and cardiovascular diseases, and increasing demand for minimally invasive surgical techniques.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL TRANSPLANT MARKET, BY TYPE

5.1. Introduction

5.2. Tissue Transplant

5.2.1. Market Opportunities and Trends

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Organ Transplant

5.3.1. Market Opportunities and Trends

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. GLOBAL TRANSPLANT MARKET, BY END-USE

6.1. Introduction

6.2. Hospitals

6.2.1. Market Opportunities and Trends

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Transplant Centers

6.3.1. Market Opportunities and Trends

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Others

6.4.1. Market Opportunities and Trends

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

7. GLOBAL TRANSPLANT MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By End-Use

7.2.3. By Country

7.2.3.1. USA

7.2.3.1.1. Market Opportunities and Trends

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Opportunities and Trends

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Opportunities and Trends

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Type

7.3.2. By End-Use

7.3.3. By Country 

7.3.3.1. Brazil

7.3.3.1.1. Market Opportunities and Trends

7.3.3.1.2. Growth Prospects

7.3.3.2. Argentina

7.3.3.2.1. Market Opportunities and Trends

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Opportunities and Trends

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Type

7.4.2. By End-Use

7.4.3. By Country

7.4.3.1. Germany

7.4.3.1.1. Market Opportunities and Trends

7.4.3.1.2. Growth Prospects

7.4.3.2. France

7.4.3.2.1. Market Opportunities and Trends

7.4.3.2.2. Growth Prospects

7.4.3.3. UK

7.4.3.3.1. Market Opportunities and Trends

7.4.3.3.2. Growth Prospects

7.4.3.4. Others

7.4.3.4.1. Market Opportunities and Trends

7.4.3.4.2. Growth Prospects

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By End-Use

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Opportunities and Trends

7.5.3.1.2. Growth Prospects

7.5.3.2. UAE

7.5.3.2.1. Market Opportunities and Trends

7.5.3.2.2. Growth Prospects

7.5.3.3. Others

7.5.3.3.1. Market Opportunities and Trends

7.5.3.3.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By End-Use

7.6.3. By Country

7.6.3.1. China

7.6.3.1.1. Market Opportunities and Trends

7.6.3.1.2. Growth Prospects

7.6.3.2. India

7.6.3.2.1. Market Opportunities and Trends

7.6.3.2.2. Growth Prospects

7.6.3.3. Japan

7.6.3.3.1. Market Opportunities and Trends

7.6.3.3.2. Growth Prospects

7.6.3.4. South Korea

7.6.3.4.1. Market Opportunities and Trends

7.6.3.4.2. Growth Prospects

7.6.3.5. Taiwan

7.6.3.5.1. Market Opportunities and Trends

7.6.3.5.2. Growth Prospects

7.6.3.6. Thailand

7.6.3.6.1. Market Opportunities and Trends

7.6.3.6.2. Growth Prospects

7.6.3.7. Indonesia

7.6.3.7.1. Market Opportunities and Trends

7.6.3.7.2. Growth Prospects

7.6.3.8. Others

7.6.3.8.1. Market Opportunities and Trends

7.6.3.8.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Abbvie Inc.

9.2. Arthrex Inc.

9.3. Medtronic PLC

9.4. Teva Pharmaceuticals

9.5. Zimmer Biomet

9.6. Strykers

9.7. Novartis AG

9.8. Veloxis Pharmaceuticals

9.9. 21st Century Medicin

9.10. BiolifeSolutions Inc

Abbvie Inc.

Arthrex Inc.

Medtronic PLC

Teva Pharmaceuticals

Zimmer Biomet

Strykers

Novartis AG

Veloxis Pharmaceuticals

21st Century Medicin

BiolifeSolutions Inc