Global Liver Transplantation Market Size To Worth USD 3.04 Billion by 2033 | CAGR of 6.62%
Category: HealthcareGlobal Liver Transplantation Market Worth USD 3.04 Billion by 2033
According to a research report published by Spherical Insights and Consulting, the Global Liver Transplantation Market Size is Expected to Grow from USD 1.60 Billion in 2023 to USD 3.04 Billion by 2033, at a CAGR of 6.62% during the forecast period 2023-2033.
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Browse key industry insights spread across 258 pages with 128 Market data tables and figures & charts from the report on the "Global Liver Transplantation Market Size, Share, and COVID-19 Impact Analysis, By Treatment Type (Post Surgery Anti-Rejection Treatment, Liver Transplantation Surgery, Cyclosporine, Tacrolimus, Sirolimus, and Others), By End-User (Ambulatory Surgical Centers, Hospitals, Transplant Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033" Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/liver-transplantation-market
The liver transplantation market involves medical procedures for end-stage liver disease or acute failure, including organ procurement, surgical procedures, post-transplant care, immunosuppressive drugs, and preservation technologies. The global demand for liver transplantation has increased by 20% in 2021, with an 18% increase in the US in the last five years. Government initiatives like the National Organ Transplant Programme and Gujarat's state government funding are driving the demand. The market is also undergoing a significant transition due to AI-based technologies and minimally invasive techniques. The liver transplantation market is expected to grow due to the rise in hepatitis A, B, and C, new treatments, sedentary lifestyles, aging population, liver failure, favorable reimbursement policies, and increased demand for liver transplants due to bile duct cancer and alcoholic liver disease. However, severe bleeding during the transplantation of the liver may impede market growth.
The liver transplantation surgery segment held the largest market share of 56.82% in 2023 and is predicted to grow at a significant CAGR throughout the predicted timeframe.
Based on the treatment type, the global liver transplantation market is categorized as post-surgery anti-rejection treatment, liver transplantation surgery, cyclosporine, tacrolimus, sirolimus, and others. Among these, the liver transplantation surgery segment held the largest market share of 56.82% in 2023 and is predicted to grow at a significant CAGR throughout the predicted timeframe. The segment's growth is driven by patient compliance, definitive liver disease solutions, longer patient survival, lower infection risk, 3D visualization, and aesthetic living, with orthotopic liver transplantation being the most common.
The hospitals segment dominated the market with 48.19 % of the share in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe.
Based on the end-user, the global liver transplantation market is categorized into ambulatory surgical centers, hospitals, transplant centers, and others. Among these, the hospitals segment dominated the global liver transplantation market in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe. The sector expansion is driven by skilled surgeons, advanced facilities, personalized care, precision medicine, government schemes, critical care units, and emergency ambulance services.
North America is expected to hold the greatest share of the global liver transplantation market over the forecast period.
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North America is expected to hold the greatest share of the global liver transplantation market over the forecast period. North America leads in liver transplantation due to advanced infrastructure, high awareness, and favorable reimbursement policies, with the US performing over 9,234 annually and Canada promoting liver health.
Asia Pacific is predicted to hold the fastest-growing region of the global liver transplantation market throughout the estimated period. The growth of healthcare infrastructure, increased spending, government initiatives, public awareness, and the expanding medical tourism sector in developing countries like China and India drive the market.
Major key players in the global liver transplantation market are Thompson Surgical, Baxter Internation Inc., Vital Therapeutics, Digna Biotech S.L., Allosource, Conatus Pharmaceuticals, Dompe Farmaceutici S.p.A, RedHill Biopharma Ltd., Integra Lifesciences, Humedics, Isogenis, Inc., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In September 2023, UC Davis Health launched a new adult liver program. The move expands the existing services of the UC Davis Transplant Center and provides comprehensive care to patients with liver disease.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global liver transplantation market based on the below-mentioned segments:
Global Liver Transplantation Market, By Treatment Type
- Post Surgery Anti-Rejection Treatment
- Liver Transplantation Surgery
- Cyclosporine
- Tacrolimus
- Sirolimus
- Others
Global Liver Transplantation Market, By End-User
- Ambulatory Surgical Centers
- Hospitals
- Transplant Centers
- Others
Global Liver Transplantation Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East and Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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