Transplant Box Market Size To Reach $275.27 Million By 2030

Transplant Box Market Growth & Trends

The global transplant box market size is anticipated to reach USD 275.27 million by 2030 and is anticipated to expand at a CAGR of 8.5% during the forecast period, according to a new report by Grand View Research, Inc. Rising healthcare expenditure, technological advancements in organ preservation coupled with increasing demand for organ transplants, and increasing collaboration and partnerships among the industry key players are the several factors propelling the organ transplant market growth.

Moreover, regulatory approval for transplant boxes creates opportunities for market key players to grow and encourage the manufacturers to invest in R&D and manufacturing. For instance, in January 2023, U.S. FDA granted OrganOx premarket approval for its metra system, a completely automated normothermic machine perfusion (NMP) tool for transportation and preservation of donor livers intended for transplantation. This enhances the product portfolio for the industry key players. Transplant boxes and other innovative organ preservation methods are more widely accessible due to regulatory approval. This indicates that healthcare organizations can provide novel organ transplant solutions, which benefit the patients and improves success rate for such procedures.

Raising awareness of organ donation can result in a transplant procedure that is more efficient and well-organized. Organ procurement, preservation, and distribution to patients can be carried out more effectively with a greater number of donors. Transplant boxes are crucial in these situations since they are made to preserve the viability of organs. Increased awareness of organ donation can contribute to a reduction in waiting times for transplant recipients. Quicker organ retrieval and transplantation become possible with shorter wait times.

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Transplant Box Market Report Highlights

• In 2023, the kidney segment dominated the market with a market share of 56.75% owing to high incidence rates of kidney failures, which results in the increasing number of kidney transplant procedures across the globe

• Increasing adoption of telemedicine and remote transplant techniques, raising awareness about organ donation among the people boost the market growth

• North America dominated the market in 2023. The market is competitive, with both established companies and emerging players striving to capture market share through product innovation, mergers, acquisitions, and partnerships. Thus, the presence of the key players in this region enhances the industry growth

Transplant Box Market Segmentation

Grand View Research has segmented the global transplant box market based on application and region:

Transplant Box Application Outlook (Revenue, USD Million, 2018 - 2030)

• Kidney

• Liver

• Heart

• Lung

• Others

Transplant Box Region Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Thailand

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Transplant Box Market

• TransMedics, Inc.

• Organ Recovery Systems

• XVIVO

• Paragonix Technologies, Inc

• OrganOx Limited

• Indraprastha Gas Limited – IGL

• HIbernicor