The global tissue and organ transplantation services market is expected to register a significant growth over a forecast period.
Albany, NY -- (SBWIRE) -- 05/16/2018 -- Rising incidence and prevalence of Chronic diseases often lead to cataclysmic damage to tissue and organs. Organ and tissue failure is usually irreparable and prompts lifetime reliance on leads on medicines. In such serious conditions, transplants remain the backbone for a rebuilding of healthy life. All around, there has been a surge in tissue transplant with progress in medical biotechnology. Tissue and organ transplantation services market shows high demand mainly from developed countries. A Large population of the world faces the high prevalence of diseases such as cardiovascular diseases, diabetes, cancer, renal diseases and Alzheimer's disease, etc. which could be the reason for organ and tissue failure. According to WHO, globally, over millions, new cases and few million cancer-related deaths were recorded in 2012. Thus, a large target population base exists for companies in the global tissue and organ transplantation services market.
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Due to Increasing incidence and prevalence of chronic disease and high transplantation survival success rate offers high demand of tissue and organ transplantation services. Organ and tissue procurement and its preservation are the major drivers which boost the tissue and organ transplantation services market. However, limited organ supply, high-cost services hamper Tissue and Organ Transplantation Services Market.
The global market for tissue and organ transplantation services segmented by transplant type, service provider, and geography:
Segmented by Transplant Type
Segmented by Service Provider
Stem cell Bank
Segmented by geography
The Middle East and Africa
Tissue and organ transplantation services market encouraged by improvement and advancement in the surgical procedure, improving healthcare infrastructure, awareness regarding organ donation at the worldwide platform, etc. Tissue and Organ Transplantation Services Market is expected to witness high growth in the forecasted period because of its high success rate and widely adopted trends.
Based on transplant type, global tissue and organ transplantation services market segmented such are Organ and tissue type. Organ type segment further categorized into Heart, Kidney, Liver, Lungs, and Pancreas while tissue type segment categorized into Cornea, Heart valve, skin grafts, Vascular graft, Bone marrow and Bone graft.
Based on End-user, tissue and organ transplantation services market can be segmented into this area, i.e., hospitals
By region, Global Tissue and Organ Transplantation Services Market is segmented into five key regions viz. North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Europe dominates the tissue and organ transplantation services market followed by North America and will continue to dominate the global tissue and organ transplantation services market. Asia Pacific is an emerging market in forecasted period.
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The key market players in the global tissue and organ transplantation services market include NHS Blood and Transplant, Tissue Services, U.K., LifeCell Corporation, Mid-America Transplant Services, Australian Red Cross Blood Service, Acelity L.P. Inc., CryoLife, Inc., Exactech Inc., Folio Biosciences, LLC Dr. Franz Kohler Chemie GmbH, etc.