The Kidney Transplant Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Kidney Transplant Global Market Report 2024, The kidney transplant market size has grown strongly in recent years. It will grow from $5.8 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to research and clinical trials, patient education and support, enhanced diagnostic tools, advancements in post-transplant care, immunosuppressive therapies.
The kidney transplant market size is expected to see steady growth in the next few years. It will grow to $7.34 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increasing demand for transplantation, development of immunomodulatory therapies, expansion of living donor pool, minimization of wait times, telemedicine for pre-transplant evaluation. Major trends in the forecast period include patient-centric care models, research in xenotransplantation, enhanced rejection monitoring, telemedicine for post-transplant care, expanded access to transplantation.
The rise in the incidence of renal disorders and kidney failure is expected to propel the growth of the kidney transplant market going forward. Renal disorder and kidney failure are disorders when the kidneys stop functioning and cannot balance bodily chemicals or remove waste and surplus water from the blood. Renal failure necessitates kidney transplants to restore kidney function and address the underlying causes of renal failure. For instance, in 2023, according to American Kidney Fund, a US-based non-profit organization, 37 million Americans have kidney disease. Further, there were about 130,000 Americans newly diagnosed with kidney failure in 2020. Therefore, the rise in the incidence of renal disorders and kidney failure is driving the growth of the kidney transplant market.
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The kidney transplant market covered in this report is segmented –
1) By Transplant Type: Deceased-Donor Kidney Transplant, Living-Donor Kidney Transplant, Expanded Criteria Donor
2) By Age Group: Adult, Pediatrics
3) By Application: Drug Delivery, Capsule Endoscopy, Patient Monitoring
4) By End-User: Transplant Centers, Hospitals, Academic And Research Institutes
Advancements in kidney transplantation are a key trend gaining popularity in the kidney transplant market. Companies operating in the kidney transplant market are focused on creating innovative kidney transplant solutions to sustain their position in the market. For instance, in June 2022, Stanford Medicine, a US-based healthcare system, introduced DISOT, a dual immune/solid organ transplant for pediatric kidney transplantation. This innovative technique involves transferring the donor’s immune system to the recipient before the kidney transplant, eliminating the need for lifelong immune-suppressing drugs. This advancement offers significant benefits to patients, as they are spared from the serious long-term side effects associated with immune-suppressing medications, including increased risks of cancer, diabetes, infections, and hypertension.
The kidney transplant market report table of contents includes:
1. Executive Summary
2. Kidney Transplant Market Characteristics
3. Kidney Transplant Market Trends And Strategies
4. Kidney Transplant Market – Macro Economic Scenario
5. Global Kidney Transplant Market Size and Growth
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26. South America Kidney Transplant Market
27. Brazil Kidney Transplant Market
28. Middle East Kidney Transplant Market
29. Africa Kidney Transplant Market
30. Kidney Transplant Market Competitive Landscape And Company Profiles
Top Major Players:
- Pfizer Inc
- Novartis AG
- B. Braun Melsungen AG
- Fresenius Medical Care AG & Co
- Medtronic Plc
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