Segments - Organ and Tissue Transplantation Market by Products (Tissue Products, Preservation Solution, and Immunosuppressive Drugs), by Applications (Organ Transplantation and Tissue Transplantation), by End-users (Hospitals, Transplant Centres, and Others), And By Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Global Industry Analysis, Growth, Share, Size, Trends, And Forecast, 2021-2028
The global organ and tissue transplantation sales market is expected to develop at a CAGR of 9.1% between 2020 and 2030, from an estimated USD 13.9 billion in 2020 to USD 27.9 billion in 2028.
Organ failure is caused by a number of things, including poisoning, leukaemia, severe trauma, sepsis, blood loss, drug misuse, and other acute disorders. Diabetes and high blood pressure are the common causes of end-stage renal disease, which requires a kidney transplant or dialysis to keep a patient alive. The need for tissue and organ transplantation, particularly kidney, heart, liver, and lungs transplantation, is high around the world.
According to the US Department of Health and Human Services, there were around 122,913 people waiting for organ transplants in the US in 2019. Organ failure is caused by poor eating habits, excessive alcohol intake, and lack of exercise.
Drivers: Increased occurrence of organ failure
The report on the global organ and tissue transplantation sales market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Organ and Tissue Transplantation Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018 & 2019 |
Forecast Period |
2021–2028 |
Segmentation |
Products (Tissue Products, Preservation Solution, and Immunosuppressive Drugs), by Applications (Organ Transplantation and Tissue Transplantation), End-users (Hospitals, Transplant Centres, and Others) |
Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Key Players Covered |
Arthrex, Inc., Zimmer Biomet, Medtronic, Novartis AG, Stryker, BioLife Solutions, and Veloxis Pharmaceuticals, Inc. |
In terms of products, the global organ and tissue transplantation sales market is segmented into tissue products, preservation solution, and immunosuppressive drugs.
The tissue products segment accounted for a major share of the market, due to increasing number of transplantation procedures such as heart valves, orthopedic soft tissues, cochlear, and bone marrow. The preservation solution segment is expected to grow by double digits during the forecast period, due to increased prevalence of chronic diseases leading to large number of transplantation procedures, government support for stem cell research and development of advanced products to improve physiological function of organs, and government support for stem cell research and development of advanced products to improve physiological function of organs.
Based on applications, the global organ and tissue transplantation sales market is segmented into organ transplantation and tissue transplantation.
The tissue transplantation segment dominated the market, due to large number of replacement procedures of cornea, heart valves, nerves, skin, bones, tendons, and veins done worldwide. Increasing number of burn and accident cases is projected to boost the demand for tissue transplantation. The organ transplantation segment is expected to expand at a significant rate in the coming years, owing to increasing number of organ transplants performed globally as well as high demand for immunosuppressants and preservation solutions.
On the basis of end-users, the global organ and tissue transplantation sales market is segmented into hospitals, transplant centers, and others.
The hospitals segment accounted for a large share of the market, owing to the significant number of organ and tissue transplant procedures performed at hospitals, which are the principal treatment centers. Furthermore, the introduction of hospitals with advanced infrastructure, as well as access to databases for verifying organ availability, are assisting in speedy medical actions. The transplant centers segment is expected to expand at a rapid rate over the projection period, due to rising demand for healthcare facilities that cater to unmet requirements of patients and encouragement to organ donation by government programs.
Increasing occurrence of organ failures in North America to drive the market
In terms of regions, the global organ and tissue transplantation sales market is split into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.
The global organ and tissue transplantation market was dominated by North America, followed by Europe, owing to increasing occurrence of organ failures, sophisticated healthcare infrastructure, medical sector advancements, and rising healthcare expenditure. Most kidney transplants are performed in the US and Europe, where there are many donors and high access to such treatments. Growing research on stem cells to develop in vitro tissue and organs, as well as rising healthcare infrastructure, boost the market in Europe. The frequency of organ donation varies by countries, due to differences in the legislation that allow or prohibit donation.
The highest rates of deceased organ donors are found in Spain, Portugal, and the US, a large number of patients is waiting for transplants. Over 108,000 people in the US alone are waiting for organ transplants, the majority of whom need a kidney transplant. The market in Asia Pacific is growing rapidly. Factors such as a large patient population with chronic diseases, organ donation drives and initiatives by national governments and non-governmental organisations in the region, and rapidly expanding medical tourism services combined with low costs of organ transplantation procedures are all driving the market in Asia Pacific.
Major players in the market are Arthrex, Inc., Zimmer Biomet, Medtronic, Novartis AG, Stryker, BioLife Solutions, and Veloxis Pharmaceuticals, Inc. The competitive landscape section includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.