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Emerging Trends to Reshape the Xenotransplantation Market: Xvivo's Innovative Preservation Technology Paves The Way For Xenotransplantation Advancements as a Key Influencer
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Xenotransplantation Market Size By 2025?
The market size of xenotransplantation has seen robust expansion in the past few years. The market value is projected to increase from $14.68 billion in 2024 to $15.82 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.8%. The escalation during the historical phase can be associated with the rising necessity for organ transplantation, animal reproduction, clinical experimentations, advancements in regulatory approvals, and surgical methods.
How Big Is the Xenotransplantation Market Size Expected to Grow by 2029?
In the coming years, the xenotransplantation market is projected to witness robust expansion. The market is predicted to reach a value of $21.98 billion in 2029, with a compound annual growth rate (CAGR) of 8.6%. This growth during the forecast period is mainly attributed to factors like the global healthcare infrastructure, public funding, advancements in telemedicine, public opinion and acceptance, and the implementation of AI. Notable future trends in the forecast period include the personalization of xenotransplantation, transplants involving multiple organs, the amalgamation with precision medicine, long-term surveillance solutions, and the application of blockchain technology.
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Which Key Market Drivers Powering Xenotransplantation Market Expansion and Growth?
The xenotransplantation market is projected to be propelled by the surging demand for tissue and organ transplants. Genetic disorders such as polycystic kidney disease or cystic fibrosis, or heart malfunctions, could necessitate an organ transplant for many individuals. However, the current high demand for organ transplants has created a shortage of available organs. Xenotransplantation offers a solution to this predicament by providing nonhuman organs for use in the place of human organs. The United Network for Organ Sharing, a scientific and educational organization based in the US, reported that 42,887 organ transplants were carried out in the US in 2022. This figure is a 3.7 percent increase from 2021, thereby setting a new annual record. Thus, the rising demand for tissue and organ transplantation is poised to fuel the growth of the xenotransplantation market.
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Which Fast-Growing Trends Are Poised to Disrupt the Xenotransplantation Market?
Leading firms in the xenotransplantation market are adopting novel technologies like preservation technology to enhance the methods and efficacy of delicate organ conservation. Preservation technology comprises an expansive array of instruments and techniques utilized to safeguard and uphold the quality of vital assets, data, or settings over the long term. For example, in January 2022, XVIVO, a Sweden-based business specializing in the development of optimized organ, tissue, and cell preservation solutions, launched a ground-breaking method for the effective storage and transport of donated hearts. Currently, the transplant sector is grappling with a dearth of organs. Consequently, only a handful of terminal heart ailment patients are provided with the opportunity for transplantation, with many succumbing while waiting for a new organ. Xenotransplantation, which involves transplanting between different species, presents a potential solution to this acute shortage. A recent pioneering study employing XVIVO's heart preservation technology remarkably managed to achieve prolonged survival following the xenotransplantation of genetically-modified pig hearts into primates.
What Are the Emerging Segments in the Xenotransplantation Market?
The xenotransplantation market covered in this report is segmented -
1) By Products: Organ Preservation Solutions, Transplant Diagnostics, Tissue Products
2) By Treatment: Analgesic, Immunosuppressant, Other Treatments
3) By Applications: Heart, Kidney, Other Organs
4) By End-Users: Hospitals, Transplant Centers, Other End-Users
Subsegments:
1) By Organ Preservation Solutions: Hypothermic Preservation Solutions, Normothermic Preservation Solutions, Organ Storage Solutions
2) By Transplant Diagnostics: Pre-Transplant Compatibility Testing, Post-Transplant Monitoring, Molecular Diagnostics
3) By Tissue Products: Xenograft Tissue Products, Tissue Engineered Products, Biological Scaffolds
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Who Are the Global Leaders in the Xenotransplantation Market?
Major companies operating in the xenotransplantation market include Novartis AG, Astellas Pharma, United Therapeutics, Preservation Solutions, OrganOX Limited, Talaris Therapeutics, TransMedic Inc., Sernova Corp, Nova Lung, Recombinetics, Tissue Regenix, TissueGene, SAB Biotherapeutics, eGenesis, Revivicor, Organ Recovery Systems, CRISPR Therapeutics, Qihan Biotech, Sino-Clone Organ Biotechnology, Xenothera, Lung Biotechnology.
Which are the Top Profitable Regional Markets for the Xenotransplantation Industry?
North America was the largest region in the xenotransplantation market in 2024. The regions covered in the xenotransplantation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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