The global kidney transplant industry is poised for substantial growth, with a projected increase from US$ 5.80 billion in 2023 to an estimated US$ 9.1 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period. FMI, a leading player in the healthcare sector, is well-positioned to contribute significantly to this expansion.
The driving forces behind this robust market growth include the escalating prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), coupled with an increasing demand for kidney transplants. Notably, technological advancements in the field of kidney transplantation are further catalyzing this upward trajectory.
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Chronic kidney disease (CKD) is a pervasive, long-term condition that inflicts damage upon the kidneys, hindering their normal functionality. End-stage renal disease (ESRD) represents the final stage of CKD, where kidney failure is complete, necessitating either dialysis or a kidney transplant for survival. According to the World Health Organization (WHO), CKD affects approximately 700 million people globally, and this number is anticipated to rise in the coming years due to the growing prevalence of risk factors such as diabetes, hypertension, and obesity.
Future Market Insights is at the forefront of addressing these challenges, leveraging its expertise in healthcare solutions to contribute to the global effort in combating CKD and ESRD. Through innovative technologies and a commitment to excellence, Future Market Insights is dedicated to enhancing patient outcomes and improving the accessibility of kidney transplantation.
“As the global kidney transplant industry experiences significant growth, Future Market Insights remains committed to advancing healthcare solutions that directly impact patients suffering from CKD and ESRD. Our focus on innovation and accessibility ensures that we contribute meaningfully to addressing the rising demand for kidney transplants and improving the overall landscape of kidney care,” said Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.).
FMI envisions a future where kidney transplantation is not only more readily available but also technologically advanced, leading to improved patient outcomes and a higher quality of life for those affected by CKD and ESRD.
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
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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.
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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)
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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.
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