The global liver transplantation market is projected to experience significant growth in the coming years, according to recent market analysis. Currently valued at USD 1,409.8 million, the market is expected to expand at a compound annual growth rate (CAGR) of 6.5%, reaching approximately USD 2,653.4 million by 2033.
The rising demand for healthy liver solutions is a key factor driving this market expansion. Increased awareness about liver health, coupled with advancements in medical technology and improved surgical outcomes, are contributing to the growth of the liver transplant market.
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The comprehensive market analysis underscores the critical need for continued innovation and investment in liver transplant technologies. As the prevalence of liver diseases continues to rise globally, the demand for effective liver transplantation is expected to grow, highlighting the importance of this medical field.
Industry stakeholders, including healthcare providers, medical device manufacturers, and policymakers, can leverage these insights to make informed decisions and strategize for future growth in the liver transplant market.
“New storage techniques for damaged livers and effective research and development in stem cells, tissue engineering, and organogenesis can lessen the transplant waiting list.
Key Takeaways :
- The North American region showed a 29.2% share of the liver transplantation market.
- European nations also show promising market demand in the liver transplantation market, with a share of 20.7%.
- Based on treatment type, liver transplantation surgery dominates the liver transplantation market with a 61.1% global revenue share.
- According to the forecast, 51% of liver transplantation surgeries are done in hospitals, while the rest are done in ambulatory and adult liver transplantation centers.
Recent Developments Detected by FMI in the Liver Transplantation Market:
- In 2022, Jaslok Hospital and Research Center in Mumbai saved two lives with a single liver transplantation surgery. This transplantation surgery, also known as split cadaver liver donation surgery, is where the liver is split into two. It was then used by both an adult and a pediatric recipient simultaneously.
- In August 2022, Integrated Graphene, with a team of scientists, developed an electrochemical biosensor to detect biliary complications in donor livers. The device, Gii-Sens, can detect the quality of the liver before transplantation. It can prevent the development of biliary complications and match the donor-recipient for transplant. According to the makers of Gii-Sens, the device is portable, economical, and responds fast to point-of-care diagnostics.
Key Players:
- Allosource
- Conatus Pharmaceuticals Inc.
- Digna Biotech S.L.
- Dompe Farmaceutici S.p.A.
- Isogenis, Inc.
- RedHill Biopharma Ltd.
- Thompson Surgical
- Integra Life Sciences
- Baxter International Inc.
- XVIVO
- VirTech Bio
- Vital Therapies
- HepaTx
- Humedics
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Key Segments Profiled in the Global Liver Transplantation Market:
By Treatment Type:
- Liver Transplantation Surgery
- Post-Surgery Anti-Rejection Treatment
- Cyclosporine
- Tacrolimus
- Sirolimus Prednisone Azathioprine
- Mycophenolate Mofetil
By End Use:
- Hospitals
- Adult Liver Transplantation Centers
- Ambulatory Surgical Centers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
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