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Transplant Box Market to grow by USD 1.671 billion from 2022 to 2027; Increasing prevalence of chronic disorders to boost the growth of the market- Technavio

NEW YORK, Aug. 18, 2023 /PRNewswire/ — The global transplant box market size is estimated to grow by USD 1,671.02 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of  8.6%, however, the growth momentum will progress during the forecast period. North America held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 52%. Factors such as the increasing number of cases of transplant procedures in the region and the availability of state-of-the-art healthcare infrastructure are driving the growth of the market in this region. North America’s healthcare sector ensures the continuous supply of therapeutics to patients undergoing transplantation. For instance, according to UNOS, in 2022, 42,888 organ transplants had been performed in the US, an increase of 3.7% from 2021. As a result, factors such as the increasing incidence of CKD, in the need for kidney transplant, is expected to drive the growth of the market in the region during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

What’s New?

  • Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
  • Global competitiveness and key competitor positions 
  • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial  – buy the report!

Transplant Box Market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (kidney, liver, heart, lung, and others), End-user (hospitals, transplant centers, research laboratories), and geography (North America, Europe, Asia, and Rest of World (ROW)). 

  • The market share growth by the kidney segment will be significant during the forecast period. One of the key causes of CKD in developing and underdeveloped countries is glomerulonephritis owing to high rates of infection. For instance, in South Africa, infections with Streptococcus species, hepatitis B and C viruses, and human immunodeficiency virus (HIV) are common. Although CKD occurs in people of all ages, it is most common in people 65 years of age and older. CKD has become a serious health problem as it increases the risk of cardiovascular disease, infections, diabetes, and cancer leading to an impaired quality of life. Therefore, these factors are expected to drive the growth of the segment which in turn will fuel the transplant box market during the forecast period.

Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021) and forecast market size (2023 to 2027) – Download a Sample Report

Transplant Box MarketMarket Dynamics
key factor driving market growth
The increasing prevalence of chronic disorders is the key driver for the growth of the market. Increased physical activity and an unhealthy diet lead to high blood pressure, high blood sugar, and high lipid levels leading to problems with hypertension, obesity, abnormal cholesterol, and diabetes. Since these conditions lead to cardiac arrest and other chronic diseases, there is an increasing need for an organ transplant as it helps to cure these conditions. Furthermore, the prevalence of cardiovascular disease is more common in people aged 66 years and older with chronic kidney disease (CKD). Hence, the increasing demand for kidney transplants due to the prevalence of chronic disorders is expected to propel the growth of the market during the forecast period. 

Leading trends influencing the market – New product launches are a primary trend in the market

Major challenges hindering the market growth – A shortage of organ donors is a major challenge that affects the growth of the market.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Transplant Box Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the transplant box market between 2023 and 2027
  • Precise estimation of the transplant box market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the transplant box market across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of transplant box market companies

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Related Reports:

The kidney transplantation therapeutics market size is expected to reach an estimated value of USD 1.16 billion by 2026 at an accelerating CAGR of 4.32%. Furthermore, this kidney transplantation therapeutics industry forecast report extensively covers kidney transplantation therapeutics market segmentation by product (selective cytokine inhibitors, immunosuppressive antimetabolites, and other drugs) and geography (North America, Europe, Asia, and Rest of World (ROW)). The rising prevalence of CKD and renal impairments is notably driving the kidney transplantation therapeutics market growth during the forecast period. 

The global hematopoietic stem cells transplantation (HSCT) market size is estimated to grow by USD 2,383.61 million between 2022 and 2027 and the size of the market is expected to accelerate at a CAGR of 6.5%. Furthermore, the hematopoietic stem cells transplantation (HSCT) market segmentation on the basis of application (bone marrow transplant, peripheral blood stem cell transplant, and cord blood transplant), type (autologous HSCT and allogeneic HSCT), and geography (North America, Europe, Asia, and Rest of World).

Transplant Box Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.6%

Market growth 2023-2027

USD 1,671.02 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

8.5

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 52%

Key countries

US, Canada, Germany, China, and Japan

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accord Healthcare Ltd., BioLife Solutions Inc., BioSpherix Ltd., dr. Franz Koehler Chemie GmbH, Medtronic Plc, Preservation Solution Inc., Shanghai Genext Medical Technology Co. Ltd., Thermo Fisher Scientific Inc., ThermoGenesis Holdings Inc., TransMedics Inc., Transplant Systems Pty. Ltd., and XVIVO Perfusion AB

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents 

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-User
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

Originally published at https://www.prnewswire.com/news-releases/transplant-box-market-to-grow-by-usd-1-671-billion-from-2022-to-2027-increasing-prevalence-of-chronic-disorders-to-boost-the-growth-of-the-market–technavio-301903924.html
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