Global Organ Transplantation Market: World Market Review By Product Type (Organ Preservation Products, Transplant Diagnostics, Immunosuppressant Drugs, Others), By Applications (Kidney, Liver, Heart, Others), By Region, By Country (2019 Edition): Forecast to 2024

Date: 1 November 2019

According to a research report published by Azoth Analytics in September 2019, Organ Transplantation market was valued at USD 10.3 billion the year 2018. Global Organ Transplantation market is expected to grow rapidly on the back of increasing number of organ transplantation procedures globally. 

According to the Azoth Analytics research report titled “Organ Transplantation Market: World Market Analysis By Product Type (Organ Preservation Products, Transplant Diagnostics, Immunosuppressant Drugs, Others), By Application (Kidney, Liver, Heart, Others), By Region (North America, Europe, APAC and ROW),  By Country (U.S, Canada, U.K, Germany, France, Italy, Spain, China, India, South Korea) - 2019 Edition: Forecast to 2024”, the global market is anticipated to grow with a CAGR of around 6.50% in the forecast period.  

The market has been witnessing progressive growth on the back of an increasing number of organ failure cases due to briskly growing prevalence of chronic diseases. 
Moreover, factors such as surging investment in the medical infrastructure, increasing organ donation rate, growing penetration rate of innovative products have been impelling the market growth of organ transplantation products. 

By product type, immunosuppressant drugs used to prevent organ rejection hold the largest proportion of the market share amongst the other products. By Application Type, application of organ transplantation products in kidney transplant holds a market share of more than 50 percent, and their market value is predicted to increase swiftly on the back of a growing number of patients with renal failure and growing rate of kidney donation by both deceased and living donors. 
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