Press release
Organ Transplant Immunosuppressant Drugs Market: Rising Organ Replacement Therapies Boosts Sales of Immunosuppressant Drugs
Despite recent advances in medical science, post-operative complications are still a major challenge that the global organ replacement immunosuppressant drugs market needs to address. The long-standing inadequate medical coverage for immunosuppressant drugs can compromise the quality of care offered to patients suffering from organ failure. According to Transparency Market Research (TMR), this factor will translate into negative growth for the global organ transplant immunosuppressant drugs market from 2015 to 2023.
Obtain Report Details @ http://www.transparencymarketresearch.com/organ-transplant-immunosuppressant-drugs.html
Besides this, the high cost of organ transplantation and the advent of stem cell therapies are limiting the market’s trajectory. The global organ transplant immunosuppressant market stood at US$5.1 bn in 2014. Exhibiting a CAGR of -5.0% between 2015 and 2023, the market’s valuation is expected to reach US$3.2 bn by the end of 2023.
Use of Immunosuppressant Drugs during Kidney Transplantation to Significantly Increase
Based on transplant, the demand for immunosuppressant drugs used during kidney transplantation was the highest in 2014. In the last couple of years, kidney transplantation has emerged as the most preferred treatment method for end-stage renal diseases. It has proven more cost-effective than prolonged periods of dialysis. Hence, TMR projects the demand for kidney replacement procedures to rise at a considerable pace during the forecast period. This will in turn will boost demand for immunosuppressant drugs from the segment, which held over 53.4% of the market in 2014. The kidney transplant segment is expected to maintain its dominance in the market through the forecast period.
Furthermore, the market is expected to witness demand from the bone marrow transplant segment as novel immunosuppressant drugs are developed for the treatment of graft-versus-host diseases. The use of these drugs is also expected to increase during liver, heart, and lung transplants.
Robust Healthcare Infrastructure Fuels Demand for Immunosuppressant Drugs from North America
Regionally, North America led the global organ immunosuppressant drugs market with a share of 46.2% in 2014. The region exhibits high demand for immunosuppressant drugs due to the higher number of organ transplantations conducted therein. According to TMR, North America is expected to report the fastest growth due to the increasing number of successful organ replacement surgeries conducted in the region. This will in turn bolster demand for advanced immunosuppressant therapeutics.
Fill the Form for an Exclusive Sample of this Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1967
Europe emerged as the second largest market for immunosuppressant drugs in the same year. These two regions will continue to lead the global market due to the recent improvements in surgical techniques, technology, and immunosuppressant drug discovery. The robust healthcare infrastructure in North America and Europe will seal the dominance of these regions in the global market.
Novartis AG, Astellas Pharma, Inc., F. Hoffmann-La Roche Ltd., Pfizer, Inc., and Sanofi are some of the most prominent companies operating in the market.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact Us
Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Immunosuppressant Drugs Market: Rising Organ Replacement Therapies Boosts Sales of Immunosuppressant Drugs here
News-ID: 560408 • Views: 295
More Releases from Transparency Market Research
Mid-infrared Laser Market to grow at a CAGR of 9.6 by the end of 2031- TMR Study
The global Mid-infrared Laser market is estimated to attain a valuation of US$ 2.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 9.6% during the forecast period, 2023-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Engine Oil Pan Market is Predicted to Expand at A CAGR Of 2.37% by 2031- TMR Stu …
The global Engine Oil Pan market is estimated to attain a valuation of US$ 5.9 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 2.37% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders…
Vehicle Roadside Assistance Market Projected to Exhibit Growth at 5% CAGR by 203 …
The global Vehicle Roadside Assistance market is estimated to attain a valuation of US$ 40 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Sales of Formaldehyde are Poised to Experience an Incline of 4% From 2021-2031
The global Formaldehyde market is estimated to attain a valuation of US$ 15 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4% during the forecast period, 2021- 2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
More Releases for Organ
Organ Transplantation
Organ Transplantation Market describes its growth, size, share, Forecast and trends to 2025
Organ Transplantation Market Production and Demand Analysis 2019 to 2025
Organ Transplantation Market 2019 Manufacturing Analysis and Development Forecast 2025
Organ Transplantation Market 2019: Recent Study Including Growth Factors, Regional Drivers, Forecast 2025
Organ Transplantation Market to Insight By 2025: Top Key Vendors
Organ transplantation is a medical procedure in which an organ is removed from one body and placed in the…
Organ Transplantation
Global Organ Transplantation Forecast 2019-2025
Organ transplantation is a medical procedure in which an organ is removed from one body and placed in the body of a recipient, to replace a damaged or missing organ. The donor and recipient may be at the same location, or organs may be transported from a donor site to another location. Organs and/or tissues that are transplanted within the same persons body are called autografts.…
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…
Organ Preservation Market Size, Status and Forecast 2022 | Baxter, Anaximandre, …
HTF MI recently introduced Global Organ Preservation Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Biolife Solutions, Baxter, Anaximandre, Dr. Franz Kohler Chemie, CryoLife, 21st Century…
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 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…
