Transplantation Market Trending Technologies with 9.5% of CAGR by 2027

The transplantation market size is projected to reach a revenue of US$ 27.07 billion by 2027 and is expected to register a CAGR of 9.5% from 2020 to 2027, According to Precedence Research. The research report contains 150+ pages with detailed analysis.

The report provides the overall revenue of the global transplantation market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year. This research report evaluates the transplantation market on a global and regional level.

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Organ transplantation is one of the major advancement in the modern day medicine. It is a medical procedure in which missing or damaged organ of one body is replace from the organ of another body. One of the prime aspects in organ transplantation is the consent of patient or any family member, without so it is considered as illegal or a crime. The organ transplantation is most processed when the brain of the patient is dead and other body organs are healthy. This process of organ transplantation should be done right after the patient’s death within couple of hours. This is very beneficial for the treatment of failed organs such as lungs, kidney, liver, and many more. Kidney transplantation is most widely procedure followed by liver transplantation. However, the number of organ donors are quite less compared to the patients those require transplantation. As per National Kidney Foundation, every month more than 3,000 new patients are added to the list of kidney waiting patients worldwide.

Market Scope:

The transplantation market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenarios and forecasts (revenue/volume) and categorizes the market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Regional Snapshots

In 2019, North America emerged as the global leader in the transplantation market with revenue share of around 40%. Rapid development in the medical sector along with rising prevalence of organ failure triggers the growth of the region in the global market. In addition, high healthcare expenditure coupled with well-developed healthcare sector is the prime factors contributing to the prominent growth of the region.

On the other hand, the Asia Pacific encountered the rapid growth rate during the forecast period owing to rising investment on healthcare sector along with significant government initiatives towards creating awareness among the people for organ donation. Additionally, rising number of patient suffering from chronic disease are likely to boost the demand for tissue and organ transplantation.

Growth Factors

Increasing prevalence of chronic disease along with organ failure are the prime factors driving the transplantation market growth. Over consumption of alcohol & other harmful substances fuels along with unhealthy diet propel the market growth for organ transplantation. However, religious belief of people as well as lack of awareness for organ donation restricts the market growth. There is a huge gap between the demand for organ transplantation and the actually available donors.

Report Highlights

North America dominated the transplantation market with significant revenue share of nearly 40% in 2019 and analyzed to continue its dominance over the analysis period. Well-developed infrastructure for healthcare centers coupled with the significant presence of major medical devices as well as biotechnologies manufacturing companies that in turn supports the market growth.

The Asia Pacific encountered the highest CAGR over the forecast period due to increasing investment for medical driven research activities to develop organs and in vitro tissue. Furthermore, developing healthcare infrastructure in various Asian countries such as Thailand, India, Indonesia, and Philippines analyzed to propel the market growth in the region.

In 2019, tissue product segment was the highest revenue contributor in the global transplantation market, accounting for a market value share of nearly 58%. Prominent growth in the transplantation procedures such as heart valves, cochlear, orthopedic soft tissues, and bone marrow significantly propels the growth of the segment.

By application, tissue transplantation encountered maximum revenue share of around 60% in the global transplantation market in the year 2019 and expected to grow at the fastest rate over the forecast period. This is primarily due to increasing cases of burn and accidents expected to fuel the demand for tissue products in the coming years.

Hospital segment dominated the global transplantation market with value share of approximately 49% in the year 2019 and analyzed to retain its dominance over the forecast period. This is attributed to the increasing number of tissue and organ transplantation at hospitals. However, transplant centers registered the highest growth rate during the forecast period due to increasing need for large number of health centers to cater the patient requirement.

Key Players & Strategies

The global transplantation market is highly fragmented due to the significant presence of all scale vendors that include small, medium, and large market players. Industry participants have their main focus on mergers & acquisitions, new product launch, and regional expansions to gain prominent traction in overall market revenue share. In addition, merger & acquisition help vendors to expand their geographical reach as well as product portfolio. For instance, in June 2015, Zimmer Holdings, Inc. acquired Biomet. The acquisition helped company to strengthen its distribution channel as well as product portfolio.

Some of the key players operating in the market are Arthrex, Inc., Abbvie, Inc., Teva Pharmaceuticals, Medtronic PLC, Zimmer Biomet, Strykers, Novartis AG, BiolifeSolutions, Inc., 21st Century Medicine, and Veloxis Pharmaceutical among others.

Market Segmentation

By Product Type

Immunosuppressive Drugs
Tissue Products
Preservation Solution

By Application

Tissue Transplantation
Organ Transplantation

By End-use

Transplant Centers

Regional Segmentation

North America (U.S. and Canada)

Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

Latin America (Brazil and Rest of Latin America)

Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Why should you invest in this report?

If you are aiming to enter the global transplantation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for transplantation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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