Lung Transplant Therapeutics Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast By 2029

This Global Lung Transplant Therapeutics Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Lung Transplant Therapeutics Market report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2022 to 2029 and is expected to reach USD 218.10 million by 2029.

Market Overview

A lung transplant is surgery done to remove a diseased lung and replace it with a healthy lung from another person. Lung transplants surgery can be performed on people of almost all ages, from newborns to adults up to age 65 and sometimes even later. A lung transplant is for people who have tried other medications or treatments, but their underlying conditions have not improved sufficiently or worsened over time. Depending on the patient's medical condition, a lung transplant may involve replacing one lung or both. The lungs may be transplanted with a donor's heart in some situations. A lung transplant can significantly improve patient health and quality of life.

Some of the major players operating in this market are Astellas Pharma, Inc., TransMedics, Dr. Reddy's Laboratories Ltd., F.Hoffmann-La Roche Ltd., Hikma Pharmaceuticals PLC, Apotex Inc., XVIVO, Novartis AG, BioLife Solutions, Viatris Inc., and Pfizer Inc., among others.

Global Lung Transplant Therapeutics Market Scope and Market Size

The Global lung transplant therapeutics market is segmented into product, indication, type, technique, patient demographics, and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, the global lung transplant therapeutics market is segmented into immunosuppressant drugs, tissue products, organ preservation products, and others. In 2022, the immunosuppressant drugs segment is expected to dominate the global lung transplant therapeutics market due to the increase in the consumption of immune system suppressant drugs because of their wider benefit and effective profile by patients to avoid lung rejection and the wide availability of these drugs in hospitals and retail stores.

On the basis of type, the global lung transplant therapeutics market is segmented into cadaveric lung transplantation and living lung transplantation. In 2022, the cadaveric lung transplantation segment is expected to dominate the global lung transplant therapeutics market due to increased awareness regarding organ donation and its applications.

On the basis of indication, the global lung transplant therapeutics market is segmented into chronic obstructive pulmonary diseases (COPD), pulmonary fibrosis, septic lung disease, pulmonary hypertension, cystic fibrosis, interstitial pulmonary fibrosis, emphysema, primary pulmonary arterial hypertension sarcoidosis, and others. In 2022, the cystic fibrosis segment is expected to dominate the global lung transplant therapeutics market due to the increase in the patient population of cystic fibrosis patients in the region.

On the basis of technique, the global lung transplant therapeutics market is segmented into single-lung transplantation, bilateral-lung transplantation, heart-lung transplantation, and double lung transplantation. In 2022, the single-lung transplantation (SLT) segment is expected to dominate the global lung transplant therapeutics market due to the highest number of lung transplantation procedures in North America (55%) and Europe (36%).

On the basis of patient demographics, the global lung transplant therapeutics market is segmented into adult, pediatric, and geriatric. In 2022, the adult segment is expected to dominate the global lung transplant therapeutics market due to the increase in health complications observed in the world population, China and India of the Asia-Pacific region contributes the largest population.

On the basis of end users, the global lung transplant therapeutics market is segmented into hospital, transplant centers, specialty centers, and others. In 2022, the hospital segment is expected to dominate the global lung transplant therapeutics market due to new hospital advancements for effective surgeries under-skilled doctors and increased awareness regarding organ donation, registration, and chronic diseases.

The global lung transplant therapeutics market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief; our team will help you create a revenue impact solution to achieve your desired goal.

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