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Kidney Transplant Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Pfizer Inc., Novartis AG, B. Braun Melsungen AG, Fresenius Medical Care AG & Co
Kidney Transplant Global Market Report 2024
The kidney transplant market size is expected to see steady growth in the next few years. It will grow to $7.34 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increasing demand for transplantation, development of immunomodulatory therapies, expansion of living donor pool, minimization of wait times, telemedicine for pre-transplant evaluation. Major trends in the forecast period include patient-centric care models, research in xenotransplantation, enhanced rejection monitoring, telemedicine for post-transplant care, expanded access to transplantation.
Market Overview -
A kidney transplant is a surgical procedure that involves replacing a diseased or non-functioning kidney with a healthy kidney from a donor. It is a treatment option for individuals with end-stage kidney disease or severe kidney dysfunction that cannot be adequately managed with other therapies, such as dialysis.
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Surge In Renal Disorders Propels Growth Of The Kidney Transplant Market
The rise in the incidence of renal disorders and kidney failure is expected to propel the growth of the kidney transplant market going forward. Renal disorder and kidney failure are disorders when the kidneys stop functioning and cannot balance bodily chemicals or remove waste and surplus water from the blood. Renal failure necessitates kidney transplants to restore kidney function and address the underlying causes of renal failure. For instance, in 2023, according to American Kidney Fund, a US-based non-profit organization, 37 million Americans have kidney disease. Further, there were about 130,000 Americans newly diagnosed with kidney failure in 2020. Therefore, the rise in the incidence of renal disorders and kidney failure is driving the growth of the kidney transplant market.
Competitive Landscape -
Major companies operating in the kidney transplant market report are Pfizer Inc., Novartis AG, B. Braun Melsungen AG, Fresenius Medical Care AG & Co., Medtronic Plc., TransMedics Inc., Preservation Solution Inc., Organ Recovery Systems Inc., Transonic Systems Inc., DaVita Inc., Glycorex Transplantation AB, Astellas Pharma Inc., Veloxis Pharmaceuticals A/s, Immucor Inc., Penn Medicine, Sanofi S.A, Amgen Inc., Amyndas Pharmaceuticals, Arthrex Inc., Abbvie Inc., Teva Pharmaceuticals Ltd., Zimmer Biomet, Stryker Co., BiolifeSolutions, Bristol-Myers Squibb Company, HOOKIPA Pharma Inc., CareDx Inc., CSL Behring, Grifols S.A., Kedrion Biopharma Inc.
Stanford Medicine's Disot Technique Marks A Milestone In Advancements
Advancements in kidney transplantation are a key trend gaining popularity in the kidney transplant market. Companies operating in the kidney transplant market are focused on creating innovative kidney transplant solutions to sustain their position in the market. For instance, in June 2022, Stanford Medicine, a US-based healthcare system, introduced DISOT, a dual immune/solid organ transplant for pediatric kidney transplantation. This innovative technique involves transferring the donor's immune system to the recipient before the kidney transplant, eliminating the need for lifelong immune-suppressing drugs. This advancement offers significant benefits to patients, as they are spared from the serious long-term side effects associated with immune-suppressing medications, including increased risks of cancer, diabetes, infections, and hypertension.
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Key Segments -
The kidney transplant market covered in this report is segmented -
1) By Transplant Type: Deceased-Donor Kidney Transplant, Living-Donor Kidney Transplant, Expanded Criteria Donor
2) By Age Group: Adult, Pediatrics
3) By Application: Drug Delivery, Capsule Endoscopy, Patient Monitoring
4) By End-User: Transplant Centers, Hospitals, Academic And Research Institutes
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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