Transplant Box Market Analysis

Transplant Box Market Analysis

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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 increasing incidence of chronic kidney diseases (CKD) and subsequent kidney failures is anticipated to drive a surge in the demand for transplant boxes.

   

• Additionally, according to statistics from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), there were 25,499 kidney transplants conducted in the U.S. in 2022. By February 2023, there were 88,658 patients across the country awaiting kidney transplants.

   

• Moreover, type 2 diabetes constitutes a substantial risk factor for the development of chronic kidney disease (CKD). Elevated blood sugar levels can lead to damage to the tiny blood capillaries in the kidneys, resulting in diminished kidney function.

   

• The escalating prevalence of CKD patients is contributing to a proportional increase in the number of kidney transplants. As advanced-stage kidney disease requires a kidney transplant, the growing necessity for such procedures stands out as the primary driver fueling the demand for transplant boxes.

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.

• The dominance in market share can be attributed to hospitals' capacity to effectively care for high-acuity patients, including those facing conditions such as heart failure, sepsis, among others requiring organ transplant.

   

• As per the National Center for Biotechnology Information (NCBI), approximately 1.7 million individuals experience sepsis annually in the U.S.

   

• Furthermore, the requirement for precise transplant box is heightened in hospitals, particularly due to the performance of invasive surgeries.

North America transplant box market accounted for USD 68.7 million revenue in 2023 and is predicted to witness substantial market progress.

• The large market share is correlated to a sophisticated healthcare infrastructure, a heightened prevalence of cardiovascular diseases, swift technological progress, substantial healthcare expenditure, and the expanding elderly population.

   

• As per information from the Rural Health Information Hub, there is an anticipated rise of 18 million in the geriatric population in the U.S. from 2020 to 2030. Additionally, the same source reports that 90% of adults aged over 65 are expected to develop one or more chronic conditions, thereby promoting demand for market.