Kidney Transplant Market
Number of pages: 100 | Report Format: PDF | Published date: May 04, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
|
Report Attribute |
Details |
|
CAGR |
4.6% |
|
Base Year for Estimation |
2022 |
|
Forecast Period |
2023 to 2031 |
|
Historical Year |
2021 |
|
Segments Covered |
Type, Drug class, Age group, End User, and Region |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global kidney transplant market is expected to register a revenue CAGR of 4.6% in the forecast period from 2023 to 2031.
Kidney Transplant Market Fundamentals
A kidney transplant is a surgical process in which a patient with end-stage kidney disease receives a healthy kidney from a donor who may be alive or deceased. The new kidney replaces the patient's failing kidneys, which produce urine by filtering waste and extra fluid from the blood. Patients on dialysis and with irreversible renal failure frequently get kidney transplants since this can be a more effective and long-lasting treatment for their illness.
Recent studies have focused on creating fresh plans to enhance kidney transplant outcomes. Utilizing machine learning and artificial intelligence to forecast which kidneys will respond best to transplantation is one area of research in this field. Researchers are also looking into fresh approaches to lower the possibility of rejection and enhance the long-term outcomes for transplant patients. One potential strategy is using gene editing methods to alter donor organs and lower the possibility of immune system rejection by the recipient. Another study area focuses on creating novel medications and treatments to enhance the performance of transplanted kidneys and lessen the possibility of problems like inflammation and infection.
The global kidney transplant industry analysis report comprehensively analyzes the market, with the factors that either aid or impede the market growth, such as its drivers, restraints, and opportunities. The research provides insight into the companies that operate in the kidney transplant market and their efforts to position themselves as key players through expansion strategies and innovations. It also highlights recent developments that contribute to the kidney transplant market growth. The research also analyzes the impact of the COVID-19 pandemic.
This research is valuable for businesses seeking insights into the market, customers, and competition. The research provides special insights into the segmentation, regions, market size & projection, revenue CAGRs, and other important information that may help clients make the right decisions. The report assembles data from market players and professionals across the industrial value chain. The study also incorporates qualitative and quantitative assessments from industry professionals. Secondary research, surveys and interviews, and statistical modeling are all used in our research to estimate market size and projection. Our reports deliver the most reliable market data because of our specialized research methods.
Kidney Transplant Market Dynamics
The market for kidney transplants is primarily driven by the rising incidence of end-stage renal disease (ESRD) and chronic kidney disease (CKD) worldwide, for which kidney transplantation is frequently the treatment of choice for qualified patients. Additionally, improvements in transplantation procedures and immunosuppressive therapies have increased the pool of potential donors and enhanced the procedure's results. Additionally, the market has grown due to the increased focus on living donation and paired exchange programs, which have increased the supply of organs available for transplant.
However, the high cost of transplantation and the scarcity of organ donors continue to be major market challenges, underscoring the need for ongoing research and innovation in this area.
Kidney Transplant Market Ecosystem
This report provides the global kidney transplant market analysis in terms of revenue, market growth, market dynamics, regional landscape, and overall competitive positioning of the major market players. The global kidney transplant market overview is analyzed from the following perspectives,
Kidney Transplant Market, by Treatment Type
Kidney Transplant Market, by Age Group
Kidney Transplant Market, by End User
Kidney Transplant Market by Treatment Type
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The kidney transplant market is segmented into surgery and pharmacotherapy based on the treatment types. The surgery segment is further segmented into deceased-donor kidney transplant and living-donor kidney transplant. Also, the pharmacotherapy segment is sub-segmented into immunosuppressants, calcineurin inhibitors, corticosteroids, antimetabolites, mTOR inhibitors, and others.
The surgery segment accounted for the largest revenue share of the global market in terms of kidney transplant market forecast. The deceased donor kidney transplant is the most frequently performed kidney transplantation. The number of living donors is constrained and only makes up a small percentage of the total donor pool. Also, the need for transplants has increased, which has increased reliance on deceased donors. Furthermore, deceased donor transplantation is less expensive than living donor transplantation, making it a more appealing choice for patients and healthcare professionals. Furthermore, programs like organ donation registries, public awareness campaigns, and enhanced donor screening procedures have improved the availability of deceased donor organs in recent years. These elements have helped make deceased donor transplantation the industry standard for kidney transplantation.
The market segmentation sections provide the kidney transplant market outlook in terms of the demarcation of different consumer groups. Market segmentation is splitting an industry into subgroups depending on characteristics such as treatment type, age group, end user, and other factors. Market segmentation data helps organizations understand the preferences and distinctive demands of different customer groups and implement targeted marketing strategies. This data additionally helps in identifying potential kidney transplant market demand opportunities.
Kidney Transplant Market by Region
Geographically, the kidney transplant market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
In light of analyzing the kidney transplant market dynamics, North America accounted for the largest portion of the kidney transplant market size, considering various driving factors such as the growth in the cases of kidney failure, an upsurge in demand for organ transplantation, and a large base for the elderly population. Rapid growth in healthcare infrastructure, rise in clinical trials, increased technological advancement, and growth in acceptance of organ transplantation further contribute to the growth of the kidney transplant market in North America.
Based on the regions, the global kidney transplant market is segmented into:
The industry's regional segmentation provides insights into geographic pockets in terms of kidney transplant industry trends, market size, share, and growth rate. This information helps organizations assess potential growth opportunities in new regional markets, understand competitive threats, and develop localized sales and expansion strategies. This section also offers deeper insights into the regional and country-level kidney transplant market overview.
Key Components of the Report
Kidney Transplant Market Competitive Landscape
The market competitive landscape analysis is performed by gathering and evaluating data about the key competitors, industry trends, and market dynamics. It involves collecting and analyzing data on factors such as products, pricing, geographic reach, customer demographics, marketing tactics, and recent developments. Competitive landscape analysis can help organizations identify present or prospective opportunities and risks in the market.
Kidney Transplant Market Strategic Developments
Reasons To Buy This Report
Key Strengths of Our Report
Target Audience to Benefit from this Report.
A kidney transplant is a surgical procedure in which a healthy kidney from a donor is transplanted into a recipient with end-stage renal disease or other severe kidney disorders.
North America will have the largest kidney transplant market size during the forecast period from 2023 to 2031.
The global kidney transplant market is expected to grow at a revenue CAGR of 4.6% during the forecast period from 2023 to 2031.
Complications associated with the transplantation and high cost are the major challenges hampering the growth of the global kidney transplant market.
The major strategies adopted by key market players involve strategic partnerships and collaborations to expand their market reach and capabilities.
Increased research and development to invent new strategies for successful transplantation and raising acceptance of kidney transplantation are the most important global kidney transplant market drivers.
Key players in the global kidney transplant market are Sanofi SA, Pfizer Inc., Novartis AG, B.Braun Melsungen AG, Fresenius Medical Care, and Medtronic Plc.
Deceased-donor kidney transplant has the highest share in the global kidney transplant market.
*Insights on financial performance are subject to the availability of information in the public domain