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Kenneth Research recently added a report on 'Organ Transplantation Market' in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Organ Transplantation Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter's five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Organ Transplantation Market products.
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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
According to Azoth Analytics research report, the Global Organ Transplantation market is projected to display a robust growth represented by a CAGR of 6.50% during 2019 – 2024.
Immunosuppressant drugs hold Hanging dynamics of patient profiling during organ transplantation has been impelling the market growth of transplant diagnostics. Further, hanging dynamics of patient profiling during organ transplantation has been impelling the market growth of transplant diagnostics. Transplant diagnostics products are expected to witness significant growth on the back of increasing number of organ donors.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Among the application areas, Kidney transplant is the most commonly conducted transplant surgery worldwide. It has gained widespread popularity by improving the outcome of end-stage renal disease patients. With advances in kidney transplant methods and improvement in transplant success, kidney transplant is now widely considered to be the best way of treating chronic kidney disease for many people.
Over the recent years, the Organ Transplantation market has been witnessing considerable growth directly on the back of the increasing number of organ transplantation procedures. Moreover, the increasing rate of organ donation rates and escalating prevalence of chronic diseases are anticipated has been driving the market growth.
Scope of the Report
Global Organ Transplantation Market (Actual Period: 2017-2018, Forecast Period: 2019-2024)
? Organ Transplantation Market – Size, Growth, Forecast
? By Product Type – Organ Preservation Products, Transplant Diagnostics, Immunosuppressant Drugs, Others
? By Applications- Kidney, Liver, Heart, Others
Regional Analysis – North America, Europe, APAC, ROW (Actual Period: 2017-2018, Forecast Period: 2019-2024)
? Organ Transplantation Market – Size, Growth, Forecast
? By Product Type – Organ Preservation Products, Transplant Diagnostics, Immunosuppressant Drugs, Others
? By Applications- Kidney, Liver, Heart, Others
Country Analysis – USA, Canada, Germany, France, U.K, Italy, Spain, China, South Korea, India (Actual Period: 2017-2018, Forecast Period: 2019-2024)
? Organ Transplantation Market – Size, Growth, Forecast
? By Product Type – Organ Preservation Products, Transplant Diagnostics, Immunosuppressant Drugs, Others
? By Applications- Kidney, Liver, Heart, Others
Company Analysis – Novartis, Pfizer, Sanofi, Terumo Corporation, Transmed, Transonic, Preservation Solutions Inc., Organ Recovery Systems, XVIVO Perfusion.
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Other Report Highlights
Competitive Landscape – Sales, Market Share, Geographical Presence, Business Segments
Product Benchmarking.
Market Dynamics – Drivers and Restraints.
Market Trends.
Porter Five Forces Analysis.
SWOT Analysis.
Customization of the Report
The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
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