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Global Transplant Box Market by Application (Lung, Kidney, Heart, Liver) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-73704
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 94
  • No. Of Pages: 207
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  • Pub. Date: 2021-10-21
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Summary of the Report

Global transplant box market was worth USD 7.5 billion in 2019. It is projected to grow at an 8.6% compound annual growth rate (CAGR), between 2020 and 2027. The market for transplant boxes is growing due to rising cases of multiple organ failure and an aging population. Other factors that contribute to market growth include NGO and government initiatives to increase organ donation, aswell as the adoption of advanced technology.

Market growth is expected to be driven by rising organ transplant cases worldwide. The market for transplant boxes is expected to grow due to an increase in chronic diseases. In the past three decades, cardiovascular disease has been a major cause of death and morbidity.

According to the American Heart Association (AHA), CVD is the leading cause of death in the United States. It affects more than 92.1 million Americans and ranks second only to other chronic diseases. According to the World Atlas Report, Russia is the country with the highest incidence of CVD and 57% of all deaths in the country are due to it. The market for transplant boxes is expected to grow as a result of increasing cases of cardiovascular diseases. Market growth is expected to be boosted by the rising incidence of liver diseases such as liver cancer. According to the NCBI, in 2019, more than 2.0 million people die each year from liver disease. Around 1 million of these deaths are due to complications of lung cancer. In addition, liver transplantation ranks second after the kidney in terms of organ transplantation. According to the NHS 2019 Report, liver transplants have increased by more than 8720 in the UK in the past 10 years. These instances show a significant increase in the demand for transplant boxes.

The elderly are more susceptible to dysfunction in various organs like the liver, kidney, and heart. According to the U.S. Government Information on Organ Donation and Transplantation in 2019, 63% of those who received organ transplants in 2019 were aged 50 or older. 21% of organ transplant recipients were 65 years old or older. The growth of the transplant market would be boosted if there is an increase in the number of geriatric patients worldwide. The fastest growth rates for transplant box sales in countries like Brazil, China, Italy and Germany in the near future are expected to be due to the rapidly growing geriatric population. According to the World Bank in 2018, Japan had more than 20% of its population over 65 years old. This country also has the largest population. The increasing geriatric population is causing more organ failures and thereby supporting the growth in the transplant box market.

The market for transplant boxes will be influenced by the growing number of government initiatives to encourage organ donation. According to the Health Resources and Services Administration, more than 109,000 Americans are currently on the U.S. national transplant waiting list. Every nine patients are added. Every day, around 20 Americans are killed by the shortage of organs available for transplant. Various awareness campaigns have been organized around the world to educate people about the possibility of donating body parts. This will have a positive impact on the transplant market. To raise awareness about the importance of organ donation for transplant, the European Day for Organ Donation and Transplantation is observed on 12 October. In 2020, the HRSA Division of Transplantation launched " Hospital Organ Donor Campaign". This campaign led to an increase in organ donations compared to the previous year. Between October 2019 and May 2020, it has increased the number of donor registrations from 1,700 hospitals to more than 59,000. These initiatives will promote growth in the transplant box market over the forecast period.

The U.S. and Canada have seen a high rate of chronic disorders like CKD, cardiovascular disease, and liver disease. According to the CDC report 2019, around 80.0 million Americans are at risk of developing chronic kidney disease. It is the ninth leading cause for death in the U.S. According to the NIDDK research, 1 in 400 Americans are suffering from cirrhosis. This condition is more prevalent in those aged 45-54. According to data from the Institute for Health Metrics and Evaluation, 2017 showed that ischemic heart disease was the most common cause of death and disability in Canada. Canada's high prevalence of heart disease carries a heavy financial burden of approximately USD 22.0 billion annually. Due to the high prevalence of chronic diseases, organ failures have increased. This will increase the demand for transplant boxes over the forecast period.

Technological advancements are also a key driver in accelerating the market growth for transplant boxes. To overcome challenges like the short time of organ survival before transplantation, manufacturers constantly seek to develop technologically advanced devices. In March 2020, OrganoPlate, a Dutch biotech firm-MIMETAS, introduced a ready-to-use product line for organs-on-a chip. This product allows for the creation of organ models such as blood vessels and gut. In April 2019, XVIVO Perfusion received U.S. FDA PMA approval of its XPS system and disposable products for ex-vivo lung transplantation (EVLP), of initially unacceptable donated lungs. The system is now open to all U.S. customers without restrictions from the Humanitarian Device Exemptions (HDE).

Application Insights

In 2019, the kidney segment was dominant in the transplant box market, accounting for 56.6% of revenue. The kidney transplant rate is expected to rise due to increasing cases of chronic kidney disease and subsequent kidney failure. The CDC estimates that 15.0% of Americans suffer from chronic kidney disease each year. According to statistics from National Kidney Foundation, more than 2.0million people worldwide suffer from chronic kidney disease. Millions of people also die each year from it. Patients are receiving treatment with dialysis or a kidney transplant at an increasing rate of 5 to 7 percent per year. According to NIDDK statistics in 2017, over 500,000 people had dialysis and more than 200,000 were living with a kidney donor. These factors will fuel segment growth over the forecast period.

According to current adoption rates and future growth prospects for heart and liver transplants, they are expected to be in high demand. Patients with alcoholic liver disease and acute liver failure have found liver transplantation to be lifesaving. Heart transplantation, which has revolutionized the treatment of end-stage heart disease, is also a gold standard. Over the forecast period, this is expected to increase the demand for transplant boxes.

Regional Insights

North America was the dominant market for transplant boxes in 2019, with a 48.5% revenue share. Market growth is due to high rates of heart disease and chronic kidney diseases, as well increasing investments in healthcare infrastructure. The market for transplant boxes is expected to grow due to an increase in organ transplantation. According to the Health Resources and Services Administration, 39,718 organ transplants were performed in the United States in 2019. This region is driven by favorable healthcare reimbursement policies, high healthcare expenditure, established R&D infrastructure, as well as a large demand for organ transplants.

Asia Pacific is expected to see the highest CAGR at 9.6% between 2020 and 2027 for the transplant box market. This is due to rising awareness and healthcare spending regarding organ donation. In the future, there will be a rise in chronic diseases, aging populations, and healthcare spending. A large number of patients can also visit this region for medical reasons due to the cost-effectiveness of these procedures. The region's market for transplant boxes has seen significant growth due to an increase in chronic diseases that can lead to organ failure and a rise of healthcare tourism.

Market Share Insights & Key Companies

To increase their market share, key companies are involved in the development and expansion of regional markets. TransMedics received US FDA Premarket Approval (PMA), in June 2019, for expanded clinical indications for the OCS lung System. This device is intended for ex-vivo evaluation of and preservation the donor's lung tissue. This system can also be used with both brain and cardiovascular death donors.

Market leaders also participate in intensive research into the development of brain implant technology. The market for transplant boxes will see lucrative growth opportunities as a result of the introduction and marketing of new products. Paragonix Technologies, for example, announced in March 2020 that AdventHealth (Florida), has approved the Paragonix SherpaPak CTS to preserve donor hearts for transplantation. The emerging market players in transplant box are also focusing on fund-raining activities to support R&D growth as well as product commercialization. In January 2020, BGF- Ireland and the U.K. invested Euro 4.6 million in the company. The investment will allow the company to expand its product, OrganOx Metra, in the US. It will also build on the existing commercial momentum in Canada, Europe and Australia. This investment is expected to increase the company's global presence and revenue over the next few years. The following companies are prominent in the transplant market:

  • TransMedics, Inc.

  • Organ Recovery Systems

  • XVIVO Perfusion AB

  • Paragonix Technologies, Inc

  • OrganOx Limited

  • IGL

  • HIbernicor

Up Market Research published a new report titled “Transplant Box Market research report which is segmented by Application (Lung, Kidney, Heart, Liver), By Players/Companies IGL Box, Inc, Paragonix Technologies, Inc, HIbernicor, XVIVO Perfusion AB, Organ Recovery Systems, OrganOx Limited, TransMedics”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleTransplant Box Market Research Report
By ApplicationLung, Kidney, Heart, Liver
By CompaniesIGL Box, Inc, Paragonix Technologies, Inc, HIbernicor, XVIVO Perfusion AB, Organ Recovery Systems, OrganOx Limited, TransMedics
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages207
Number of Tables & Figures145
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Transplant Box Industry Outlook

Global Transplant Box Market Report Segments:

The market is segmented by Application (Lung, Kidney, Heart, Liver).

Transplant Box Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Transplant Box Market

Overview of the regional outlook of the Transplant Box Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Transplant Box Market Overview

Highlights of The Transplant Box Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Transplant Box Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. Lung

                2. Kidney

                3. Heart

                4. Liver

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Transplant Box Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Transplant Box Market Trends

Reasons to Purchase the Transplant Box Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transplant Box Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Transplant Box Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Transplant Box Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Transplant Box Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Transplant Box Market Size & Forecast, 2018-2028 
      4.5.1 Transplant Box Market Size and Y-o-Y Growth 
      4.5.2 Transplant Box Market Absolute $ Opportunity 


Chapter 5 Global Transplant Box Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 Transplant Box Market Size Forecast by Application
      5.2.1 Lung
      5.2.2 Kidney
      5.2.3 Heart
      5.2.4 Liver
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global Transplant Box Market Analysis and Forecast by Region
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Region
      6.1.2 Basis Point Share (BPS) Analysis by Region
      6.1.3 Absolute $ Opportunity Assessment by Region
   6.2 Transplant Box Market Size Forecast by Region
      6.2.1 North America
      6.2.2 Europe
      6.2.3 Asia Pacific
      6.2.4 Latin America
      6.2.5 Middle East & Africa (MEA)
   6.3 Market Attractiveness Analysis by Region

Chapter 7 Coronavirus Disease (COVID-19) Impact 
   7.1 Introduction 
   7.2 Current & Future Impact Analysis 
   7.3 Economic Impact Analysis 
   7.4 Government Policies 
   7.5 Investment Scenario

Chapter 8 North America Transplant Box Analysis and Forecast
   8.1 Introduction
   8.2 North America Transplant Box Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Transplant Box Market Size Forecast by Application
      8.6.1 Lung
      8.6.2 Kidney
      8.6.3 Heart
      8.6.4 Liver
   8.7 Basis Point Share (BPS) Analysis by Application 
   8.8 Absolute $ Opportunity Assessment by Application 
   8.9 Market Attractiveness Analysis by Application

Chapter 9 Europe Transplant Box Analysis and Forecast
   9.1 Introduction
   9.2 Europe Transplant Box Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Transplant Box Market Size Forecast by Application
      9.6.1 Lung
      9.6.2 Kidney
      9.6.3 Heart
      9.6.4 Liver
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application

Chapter 10 Asia Pacific Transplant Box Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Transplant Box Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Australia
      10.2.6 South East Asia (SEA)
      10.2.7 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Transplant Box Market Size Forecast by Application
      10.6.1 Lung
      10.6.2 Kidney
      10.6.3 Heart
      10.6.4 Liver
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application

Chapter 11 Latin America Transplant Box Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Transplant Box Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Transplant Box Market Size Forecast by Application
      11.6.1 Lung
      11.6.2 Kidney
      11.6.3 Heart
      11.6.4 Liver
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application

Chapter 12 Middle East & Africa (MEA) Transplant Box Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Transplant Box Market Size Forecast by Country
      12.2.1 Saudi Arabia
      12.2.2 South Africa
      12.2.3 UAE
      12.2.4 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Transplant Box Market Size Forecast by Application
      12.6.1 Lung
      12.6.2 Kidney
      12.6.3 Heart
      12.6.4 Liver
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application

Chapter 13 Competition Landscape 
   13.1 Transplant Box Market: Competitive Dashboard
   13.2 Global Transplant Box Market: Market Share Analysis, 2019
   13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      13.3.1 IGL Box
      13.3.2 Inc
      13.3.3 Paragonix Technologies
      13.3.4 Inc
      13.3.5 HIbernicor
      13.3.6 XVIVO Perfusion AB
      13.3.7 Organ Recovery Systems
      13.3.8 OrganOx Limited
      13.3.9 TransMedics
Segments Covered in the Report
The global Transplant Box market has been segmented based on

By Application
  • Lung
  • Kidney
  • Heart
  • Liver
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • IGL Box
  • Inc
  • Paragonix Technologies
  • Inc
  • HIbernicor
  • XVIVO Perfusion AB
  • Organ Recovery Systems
  • OrganOx Limited
  • TransMedics

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