The global kidney transplant industry is expected to grow from US$ 5.80 billion in 2023 to US$ 9.1 billion by 2033, at a CAGR of 4.2% during the forecast period. The growth of the market is attributed to the increasing prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.
CKD is a long-term condition that damages the kidneys and prevents them from working properly. ESRD is the final stage of CKD, in which the kidneys fail completely and the person needs dialysis or a kidney transplant to survive. According to the World Health Organization (WHO), CKD affects approximately 700 million people worldwide. The prevalence of CKD is expected to increase further in the coming years due to the rising prevalence of risk factors such as diabetes, hypertension, and obesity.
Discover Our Expert Analysis with Our Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-16754
Kidney transplantation is the most effective treatment for ESRD. It offers patients a better quality of life and increased longevity compared to dialysis. However, the demand for kidney transplants is far greater than the supply of donor kidneys. According to the United Network for Organ Sharing (UNOS), over 100,000 people in the United States are waiting for a kidney transplant.
Technological advancements in the field of kidney transplantation are also driving the growth of the market. For example, the development of new immunosuppressive drugs has helped to improve the success rates of kidney transplants and reduce the risk of organ rejection. Additionally, the development of minimally invasive kidney transplant procedures has made the surgery safer and less painful for patients.
Key Drivers of the Kidney Transplant Market:
- Increasing prevalence of CKD and ESRD
- Rising demand for kidney transplants
- Technological advancements in the field of kidney transplantation
Key Restraints of the Kidney Transplant Market:
- Shortage of donor kidneys
- High cost of kidney transplants
Key Market Trends:
- Increasing use of living donors
- Growing demand for minimally invasive kidney transplant procedures
- Development of new immunosuppressive drugs
In Case Of Any Queries, Don’t Hesitate To Contact Our Analyst! https://www.futuremarketinsights.com/ask-question/rep-gb-16754
Key Takeaways:
- The global kidney transplant market is expected to grow at a CAGR of 4.2% during the forecast period.
- The growth of the market is attributed to the increasing prevalence of CKD and ESRD, rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.
- The key drivers of the market include increasing prevalence of CKD and ESRD, rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.
- The key restraints of the market include shortage of donor kidneys and high cost of kidney transplants.
- The key market trends include increasing use of living donors, growing demand for minimally invasive kidney transplant procedures, and development of new immunosuppressive drugs.
Key Market Players:
- Fresenius Medical Care AG & Co. KGaA
- B. Braun Melsungen AG
- Baxter International Inc.
- Medtronic plc
- Johnson & Johnson
- Astellas Pharma Inc.
- Pfizer Inc.
- Novartis AG
- Immucor Inc.
Discover the Future of Marketing: Get Your Hands on Our Customization Report! https://www.futuremarketinsights.com/customization-available/rep-gb-16754
Key Market Segments Covered in the Kidney Transplant Market Industry Research:
Transplant:
- Deceased-Donor Kidney Transplant
- Living-Donor Kidney Transplant
- Direct Donation Kidney Transplant
- Non-directed Donation Kidney Transplant
- Paired exchange Kidney Transplant
Age Group:
- Adult
- Pediatric
End User:
- Transplant Centres
- Hospitals
- Academic and Research Institutes
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
Gain Immediate Access to Detailed Market Insights: Purchase Now! https://www.futuremarketinsights.com/checkout/16754
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
