NEW
YORK, July 4, 2024 /PRNewswire/ -- The
global transplant box market size is estimated to grow by
USD 2.39 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 10.87% during the forecast period. Increasing
prevalence of chronic disorders is driving market
growth, with a trend towards technological advancements
in transplant box. However, shortage of organ donors
poses a challenge. Key market players include Accord
Healthcare Ltd., BioLife Solutions Inc., BioSpherix Ltd.,
dr. Franz Koehler Chemie GmbH, Medtronic Plc, Preservation
Solution Inc., Shanghai Genext Medical Technology Co. Ltd., Thermo
Fisher Scientific Inc., ThermoGenesis Holdings Inc., Transplant
Systems Pty. Ltd., and XVIVO Perfusion AB.
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Transplant Box
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
10.87%
|
Market growth
2024-2028
|
USD 2397.1
million
|
Market
structure
|
Concentrated
|
YoY growth 2022-2023
(%)
|
9.53
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
54%
|
Key
countries
|
US, Canada, Germany,
China, and Japan
|
Key companies
profiled
|
Accord Healthcare Ltd.,
BioLife Solutions Inc., BioSpherix Ltd., dr. Franz Koehler
Chemie GmbH, Medtronic Plc, Preservation Solution Inc., Shanghai
Genext Medical Technology Co. Ltd., Thermo Fisher Scientific Inc.,
ThermoGenesis Holdings Inc., Transplant Systems Pty. Ltd., and
XVIVO Perfusion AB
|
Market Driver
Transplant boxes are essential for preserving and transporting
organs, ensuring their viability during the critical process of
transplantation. Innovations in materials and design enhance their
functionality and performance. Advanced insulation materials like
aerogels and vacuum-insulated panels improve temperature control,
minimizing thermal fluctuations. Smart technologies and sensors
enable real-time monitoring of temperature, humidity, and pressure.
Customized transplant boxes, produced using 3D printing, offer
superior protection and stability. RFID tags or barcodes facilitate
accurate tracking and traceability throughout the supply chain.
These advancements not only enhance organ preservation and
transportation but also improve operational efficiency, safety, and
quality assurance, driving growth in the global transplant box
market.
Transplant boxes are gaining significance in the healthcare
industry due to the rising incidence of multiple organ failure and
chronic disorders like cardiovascular diseases, liver ailments, and
urological diseases. NGO initiatives and organ donation drives are
promoting organ transplantation as a solution to mortality and
morbidity caused by end-stage liver disease, acute liver failure,
and other health issues. The geriatric and aging population's
increased need for organ transplant procedures due to conditions
like coronary heart disease and hypertension is driving market
growth. Normothermic Machine Perfusion and smart technologies like
machine learning and data analytics are streamlining
transplantation processes, securing regulatory approval from health
authorities and transplantation organizations. The kidney segment
dominates the market due to high prevalence of chronic diseases
like diabetes and hypertension. Transplant boxes facilitate
real-time organ transport and tracking from donor site to recipient
hospital, reducing mortality and morbidity. Organ transplant
diagnostics and IoT-enabled monitoring systems are essential
components of this market, ensuring optimal organ health during
transport. Healthcare expenditure on transplant procedures and
medical tourism are major market drivers. Cardiovascular ailments,
chronic obstructive pulmonary diseases, and cancer are other
conditions where transplant boxes play a crucial role. The market
is expected to grow further with continuous advancements in
technology and clinical studies.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
• The transplant
market involves the replacement of defective organs with healthy
ones from donors to save lives. Organs are specialized structures
that perform specific functions, but they can deteriorate due to
various disease conditions. The increasing need for organ
transplants due to organ failure is a significant trend in
healthcare. However, the shortage of organ donors is causing a
major challenge, leading to long waiting times and even fatalities.
In the US, someone is added to the waiting list every ten minutes,
and nearly 20 people die daily while waiting. This issue is
negatively impacting the growth of the transplant box market, which
is expected to hamper its expansion during the forecast period.
• The transplant
box market faces significant challenges in providing life-saving
organ transplants for international patients. Kidney, liver, heart,
lung transplants are essential for those suffering from kidney
diseases and failures, high blood sugar levels, and diminished
kidney function. However, the availability of donor organs is a
major concern. International organizations face hurdles in organ
procurement due to invasive surgeries and long waiting times.
High-acuity patients, such as those with heart failure, sepsis, and
advanced-stage kidney disease, require immediate attention. Elderly
populations and those with chronic conditions further complicate
the situation. Healthcare organizations must focus on organ
preservation and transplant procedures to increase success rates.
Telemedicine and remote transplant techniques offer potential
solutions to reduce waiting times and expand access to transplant
services. Donors and hospitals play a crucial role in addressing
the organ shortage. Successful transplantation relies on efficient
organ procurement and careful matching between donors and
recipients.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This transplant box market report extensively covers market
segmentation by
- Application
- 1.1 Kidney
- 1.2 Liver
- 1.3 Heart
- 1.4 Lung
- 1.5 Others
- End-user
- 2.1 Hospitals
- 2.2 Transplant centers
- 2.3 Research laboratories
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Kidney- The Transplant Box Market is
experiencing significant growth due to increasing organ
transplantation procedures worldwide. Key players in this market
include Thermo Fisher Scientific, B.Braun Melsungen AG, and
Fresenius Medical Care. They provide solutions for preserving and
transporting organs, ensuring their viability during the transplant
process. These companies invest in research and development to
improve their products and expand their offerings. The market is
expected to continue growing, driven by the rising number of
transplant patients and advancements in medical technology.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
Transplant boxes play a crucial role in preserving organs during
transportation from the donor site to the recipient hospital.
Multiple organ failure and chronic disorders such as cardiovascular
diseases, chronic obstructive pulmonary diseases, and mortality and
morbidity from these conditions necessitate the need for organ
transplants. NGO initiatives and healthcare organizations are
working towards reducing waiting times and increasing the success
rate of transplants. The transport system for organs involves a
container that maintains optimal temperature and humidity
conditions for preservation. Organs, such as donor livers, are
carefully procured and transported to the recipient hospital. The
transplant procedure involves rigorous diagnostics to ensure
compatibility and health assessment of both donor and recipient.
Healthcare expenditure on transplant diagnostics and organ
preservation is significant, especially for cardiovascular
ailments. Organ transplants offer a second chance at life for many,
but the waiting times can be long, making the need for efficient
and effective transport systems even more crucial.
Market Research Overview
Transplant boxes play a crucial role in preserving organs during
transportation from donor sites to recipient hospitals. Multiple
organ failure due to chronic disorders such as cardiovascular
diseases, liver ailments, and urological diseases, among others,
necessitate organ transplantation. NGO initiatives and organ
donation drives aim to increase the number of potential donors.
Normothermic Machine Perfusion and innovative non-invasive
treatments are advancing organ preservation. Regulatory approval
from health authorities and transplantation organizations is
essential for the use of transplant boxes. The geriatric and aging
population, with conditions like coronary heart disease and
end-stage liver disease, are significant beneficiaries. Data
analytics and machine learning help assess organ suitability.
Real-time tracking and IoT-enabled monitoring systems ensure safe
organ transport. Chronic diseases like hypertension, type 2
diabetes, and cancer drive healthcare expenditure, making
transplant diagnostics and procedures increasingly important. Organ
procurement organizations facilitate the transplantation process,
while international organizations promote public awareness through
campaigns, television and radio advertisements, social media
outreach, and community events. The kidney segment dominates the
market due to high incidences of kidney diseases and failures.
Statistics show that cardiovascular ailments, chronic obstructive
pulmonary disease, and sepsis are leading causes of mortality and
morbidity. Transplant centers cater to high-acuity patients
requiring invasive surgeries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Kidney
- Liver
- Heart
- Lung
- Others
- End-user
-
- Hospitals
- Transplant Centers
- Research Laboratories
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio