Advances in Organ Transplantation Market : Understanding the Market and Its Potential
The Organ Transplantation market size reached USD 15 Billion in 2022 and is expected to register a revenue CAGR of 8.3% during the forecast period. The steady market revenue growth of organ transplantation can be attributed to increasing incidence of organ failure, rising prevalence of chronic diseases, rising awareness and growing numbers for organ donation, development of tissue banks, increase in launch of novel products to prevent organ transplant failure and rapid technological advancements in transplantation methods. Some of the key factors driving the growth of the global Organ Transplantation market include expanding R&D efforts to develop novel Organ Transplantation products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically alte...