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Transplant Box Market - By Application (Kidney, Liver, Heart, Lung), End-use (Hospitals, Transplant Centers) – Global Forecast, 2024-2032
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Transplant Box Market
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Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 156
Countries covered: 22
Pages: 135
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Transplant Box Market Size
Transplant Box Market size was valued at around USD 169.5 million in 2023 and is estimated to expand at 8% CAGR from 2024 to 2032. Transplant box refers to a specialized container or transport system used to safely transport organs from the donor site to the recipient hospital during the organ transplant process.
The primary goal of the transplant box is to maintain the viability and health of the organ during transportation, ensuring that it remains suitable for transplantation. This robust market growth can be attributed to various factors, including ongoing advancements in transplant box, an increase in the prevalence of chronic diseases, the continual growth of healthcare expenditure, and an escalating inclination towards transplant diagnostics, which accounted for USD 5.8 billion in 2023, among other contributing factors.
Furthermore, anticipated market expansion is attributed to multiple factors, including the rising incidence of cardiovascular, chronic obstructive pulmonary (COPD), cancer and respiratory ailments, the emergence of innovative non-invasive and minimally invasive treatments. For instance, in 2020, according to the World Health Organization (WHO), cancer accounted for death of nearly ten million individuals worldwide.
Transplant Box Market Trends
Growing awareness regarding organ transplantation is crucial for several reasons, including increasing the number of potential organ donors, improving public understanding of transplantation processes, and fostering support for organ donation initiatives.
Transplant Box Market Analysis
Based on application, the market is segmented into kidney, liver, heart, lung, and other applications. The kidney segment is estimated to account for USD 85.5 million in 2023.
The transplant box market by end-use is categorized into hospitals, transplant centers, and other end-users. The hospitals segment accounted for around USD 96.2 million revenue size in 2023.
North America transplant box market accounted for USD 68.7 million revenue in 2023 and is predicted to witness substantial market progress.
Transplant Box Market Share
The transplant box industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced applications based on different technologies is among a key market strategy. Some of the leading industry players including Organ Recovery Systems, Thermo Fisher Scientific Inc., TransMedics Inc., among others have a notable presence in the market.
Transplant Box Market Companies
Some of the eminent market participants operating in the transplant box industry include:
Transplant Box Industry News:
Transplant box market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 - 2032 for the following segments:
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Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: