With the emergence and long-term Impact of COVID-19, Global Organ Transplant Rejection Medication Market to reach USD 6.65 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Organ Transplant Rejection Medication Market points towards a potential rise to USD 6.65 billion by 2030. Organ transplantation is a surgical procedure in which tissue, or an organ is transferred from one person’s body to another person’s body. Organ transplant rejection medication is used to prevent organ rejection in transplant recipients. The rising incidence of chronic disease and the increased incidence of organ failure are the key factors responsible for the market growth of the Organ Transplant Rejection Medication Market over the forecast period.
Geographically, the global Organ Transplant Rejection Medication market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in terms of revenue owing to factors such as the rising incidence of chronic disease, favorable reimbursement policies, technological advancement and the presence of advanced healthcare infrastructure create market growth in this region. Asia-Pacific is the fastest-growing region due to increasing incidence of chronic diseases, rising healthcare expenditure, rise in affordability and increased awareness about organ rejection medications in the region.
The global Organ Transplant Rejection Medication market is highly competitive owing to the presence of several key players such as Pfizer, Inc. Astellas Pharma Global Development, Inc. F, Hoffmann-La Roche Ltd. Bristol-Myers Squibb Company GlaxoSmithKline plc. AbbVie Inc. Viatris, Inc. Hikma Pharmaceuticals plc. Teva Pharmaceutical Industries Ltd Cadila Healthcare Limited, and others.
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Key findings of the study suggest:
- Global Organ Transplant Rejection Medication Market is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2023-2030.
- In the Drug Class segment, Calcineurin Inhibitors emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to rising incidence of chronic disease in the region.
- Asia Pacific is expected to grow at higher rate owing to rising healthcare expenditure in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Drug Class:
- Antibodies
- Antimetabolites
- Calcineurin Inhibitors
- mTOR Inhibitors
- Steroids
By Transplant Type:
- Kidney
- Liver
- Heart
- Lung
- Pancreas
- Others
By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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