Organ Transplant Market Impressively growing Opportunities with Top Players erumo Co., OrganOX, Transplant Biomedical, Preservation solution, TransMedic, WorldHeart, Waters Medical
Increasing number of population suffering from organ failure is driving the growth of organ transplant market
According to World Health Organization (WHO) Global Observatory on Donation and Transplantation in 2014, an estimated 119,873 organs were transplanted annually. Moreover, increasing number of chronic diseases leading to organ failure and habits such as smoking and drinking are further leading to organ disability, which is fueling growth of organ transplant market. According to the data published by National Kidney Foundation, U.S in 2016, around 121,678 people were waiting for an organ transplant, among which 100,791 people were waiting for kidney transplant. Increasing number of population awaiting for organ transplant and increase in mortality rate due to the inadequate organ for transplantation might create opportunities in the organ transplant market.
Furthermore, refinement and improvement in surgical techniques and treatment strategies that are helping to increase survival rate, launch of new anti-infective and immunosuppression techniques contributing to the lower risk of organ rejection after transplantation, and the development of organ preservation and organ procurements are some of the factors fueling growth of the market. However, high cost of transplantation, stringent ethical policies, lack of reimbursement, organ trafficking, and low supply of organs are some of the factors restraining growth of the organ transplant market.
Request A Sample Copy:
Organ Transplant Market Taxonomy
On the basis of organ type, the organ transplant market is segmented into:
Technological advancements in transplantation procedures and established healthcare sector is fueling growth of organ transplant market
Regional segmentation of organ transplant market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. North America and Europe region holds the maximum share in the organ transplant market, owing to success of organ transplant surgeries and technological advancements in medical surgeries and drugs involved in transplantation. Well established healthcare infrastructure is also contributing to growth of market in this region.
Increasing awareness regarding organ donation is expected to fuel growth of organ transplant market over the forecast period
Market players rely on organ donation, which is collected, stored, and distributed by them. Increasing awareness regarding organ donation is expected to create opportunities for the industry players. However, factors such as proximity to key suppliers, understand the government policies, and get access to volunteer labor are important factors for market players to maintain leading position in organ transplant market.
Key players operating in organ transplant market include Organogenesis Incorporated, Terumo Co., OrganOX, Transplant Biomedical, Preservation solution, TransMedic, WorldHeart Co., Waters Medical systems, and Jarvik Heart Incorporated.
Download the PDF brochure:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Organ Transplant Market Impressively growing Opportunities with Top Players erumo Co., OrganOX, Transplant Biomedical, Preservation solution, TransMedic, WorldHeart, Waters Medical here
News-ID: 1747804 • Views: 206
More Releases from Coherent Market Insights
Catering and Food Service Contractor Market 2019 In-depth Approaches behind the …
The Global Catering and Food Service Contractor Market report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Catering and Food Service Contractor market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers,
Ureteral Stents Market 2019 | See Incredible Growth by Top Players HydrUStent, L …
North America is expected to witness lucrative growth in the ureteral stents market, owing to presence of key players such as Becton, Dickinson and Company (Bard Medical), Cook Medical, and Teleflex Incorporated. Moreover, rising prevalence of kidney disorders in the region is also expected to contribute to the North America ureteral stents market growth. For instance, in November 2018, the National Health and Nutrition Examination Survey (NHANES) published their data
Plant-based Vaccines Market 2019 | Potential Growth by Top Key Players Medicago, …
Plants are a cost-effective, safe, and efficacious platform for large-scale production of vaccine in emerging economies and have the potential via oral administration to elicit a mucosal immune response. Key players in the market are focused on Research & Development (R&D) activities for development of plant-based vaccines for the treatment of infectious diseases. This is owing to the ability of plant-based vaccines to be mass produced, with higher efficiency, while
ENT Disorder Treatment Market 2019 | See Incredible Growth by Top Players Sanofi …
The Global ENT Disorder Treatment Market, by Organ Type (Ear, Nose, and Throat), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 9,521.1 million in 2016 and is projected to exhibit a CAGR of 3.2% over the forecast period (2017–2025), as highlighted in a new report published
More Releases for Organ
Organ Care System Market Competition, Overview with Major Eminent Vendors: Trans …
A new and latest research report proposed by Market Research Globe renders a market summary of the Organ Care System Market industry. This widespread analysis comprises of market potentials and challenges, scope of product, sales volume, market revenue, distributors and Porter's Five Forces Analysis, estimates and rate of growth. This report focuses on the global Organ Care System status, future forecast, growth opportunity, key market and key players. The study
Artificial Organ Bank Market, Artificial Organ Bank Industry, Global Artificial …
Latest industry research report on: Global Artificial Organ Bank Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Organ necessity is surpassing the supply of donated organs. Even today there are loads of patients waiting for organ transplant but not everyone can get it done due to the low supply of organ transplant.According to the American Transplant Foundation in United States about 123,000 patients are waiting
Organ-on-a-chip is gaining prominence on the backdrop of regulatory measures on animal testing and growing complexity in therapeutic applications. Various players are trying to capitalize on lucrative growth opportunities in the organ-on-a-chip devices market. It is a unique cell culture process, wherein biomimetic microsystem is used as a platform. These devices are built on silicone, which can be used to grow internal organs. This finds application in organ transplantation and also
Organ Preservation Systems Market 2017-2021
Organ preservation systems have greatly evolved, and would rapidly increase the number of transplants in the future by keeping vital organs viable for a longer time. With increased demand for organ transplants, it has become crucial for care givers to wisely utilize the small number of organs donated. With increasing prevalence of diseases such as cancer, the demand for organ transplant has increased immensely in the recent past. Patients with
Organ Preservation Solutions Market: Growing Awareness of Organ Transplants thro …
The mounting cases of organ failures indicate that the world is on the brink of global emergency for the demand for organ transplants. Increasing organ transplant procedures call for organ preservation that aids in maintaining organs’ viability through the duration of donation and transplant, thereby propelling the growth of the global organ preservation solutions market. As per a research report by Transparency Market Research (TMR), the global organ preservation solutions market
Artificial Organ Bank Market Size, 2015 – 2020
An artificial organ is a man-made device that is implanted human body to replace a natural organ, for the purpose of restoring a specific function so that patient may return to a normal life as soon as possible. Artificial organ is used to replace the function of missing organ or other part of the human body. Artificial organs include the artificial heart and pacemaker, the use of dialysis to perform