The Business Research Company’s Organ Transplant Immunosuppressant Drugs Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
— The Business Research Company
LONDON, GREATER LONDON, UK, August 12, 2024 /EINPresswire.com/ — The global organ transplant immunosuppressant drugs market is projected to grow from $5.24 billion in 2023 to $5.42 billion in 2024, at a CAGR of 3.4%. This steady growth can be attributed to the rising number of transplant procedures, advancements in healthcare infrastructure, and increasing awareness. The market is expected to reach $6.29 billion by 2028 at a CAGR of 3.8%, with a slightly accelerated CAGR of 3.8%, driven by emerging therapies, a rise in organ failure cases, and the expansion of personalized medicine.
Increasing Demand for Organ Transplantation Boosts Market Growth
The growing demand for organ transplantation is a key driver for the organ transplant immunosuppressant drugs market. Organ transplantation involves replacing a damaged or diseased organ with a healthy one from a donor, and immunosuppressant drugs are critical to preventing organ rejection. The success of these surgeries heavily relies on the availability and efficacy of immunosuppressant drugs. In 2021, the Global Observatory on Donation and Transplantation (GODT) reported a 144,302 annual organ transplant count, marking an 11.3% increase from the previous year. This trend is expected to continue, driving further growth in the market.
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Key Players and Market Trends
Major companies in the organ transplant immunosuppressant drugs market include Astellas Pharma Inc., F. Hoffmann-La Roche AG, Novartis AG, Accord Healthcare Limited, GlaxoSmithKline PLC, and Pfizer Inc. These companies are focusing on product innovation to strengthen their market positions. For example, combination therapies, which involve using two or more immunosuppressant drugs, are becoming more popular due to their ability to enhance immunosuppression while minimizing side effects. In July 2021, the U.S. FDA approved Prograf, an immunosuppressant drug, for use in combination with other drugs to prevent organ rejection in patients receiving kidney, liver, or heart transplants.
Segments:
• Drug Class: Calcineurin Inhibitors, Antiproliferative Agents, mTOR Inhibitor, Steroids, Others Drug Classes
• Transplant Type: Heart, Kidney, Liver, Lung, Pancreas, Other Transplant Types
• Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Geographical Insights: North America Leading the Market
North America led the organ transplant immunosuppressant drugs market in 2023, largely due to advanced healthcare systems and a high number of transplant procedures. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period, driven by increasing healthcare investments and rising awareness of organ transplantation.
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Organ Transplant Immunosuppressant Drugs Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Organ Transplant Immunosuppressant Drugs Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on organ transplant immunosuppressant drugs market size, organ transplant immunosuppressant drugs market drivers and trends, organ transplant immunosuppressant drugs market major players, competitors’ revenues, market positioning, and market growth across geographies. The organ transplant immunosuppressant drugs market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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Originally published at https://www.einpresswire.com/article/734260195/global-organ-transplant-immunosuppressant-drugs-market-report-2024-trends-strategies-and-opportunities