Global Tissue Transplantation Products and Services Market Drivers and Opportunities
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Chronic disorders frequently result in severe organ damage. This damage is usually irreparable, and it results in a lifelong reliance on medications. Transplants remain the mainstay for restoring a healthy life in such extreme circumstances. With advancements in medical innovation, there has been a spike in tissue transplantation around the world. The market for tissue transplantation and services has grown in popularity, particularly among high-income countries. Increased prevalence of diseases such as diabetes, cancer, cardiovascular disease, renal disease, and Alzheimer's disease has put a vast population at risk of permanent tissue damage.
Global Tissue Transplantation Market: Drivers
The growing prevalence of chronic
diseases is propelling the TissueTransplantation Products and Services Market forward. According to the study 'Risk
Factors and Rate of Progression of CKD in Children,' published in Kidney
International Reports in June 2019, 38 percent of children had chronic kidney
disease progression within two years of follow-up.
Furthermore, the increased frequency
of cancer is likely to help the global tissue transplantation market's
expansion over the forecast period. For example, the Leukemia and Lymphoma
Society estimates that 176,200 persons in the United States will be diagnosed
with leukaemia, lymphoma, or myeloma in 2019.
Tissue Transplantation Market |
Global Tissue Transplantation Market:
Opportunities
For companies in the global tissue
transplantation market, R&D in tissue transplantation is likely to provide
lucrative growth prospects. For example, a study published in July 2018 by St.
Marianna University School of Medicine in Japan attempted to isolate
adipose-derived stem/stromal cells from cryopreserved adipose tissue with the
goal of developing a banking system, and discovered that transplantation of
adipose-derived stem/stromal cells derived from cryopreserved tissue
significantly aided in the restoration of hindlimb movement function in injured
model rats. Researchers from AMALNA Consulting and RMIT University, in
partnership with Tithon Biotech Inc., projected the distinctive frequencies
associated to parathyroid hormone activities, particularly differentiation of
stem cells into osteoblasts, in May 2019.
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