Heart Transplant Market Forecast 2024-2033: Anticipated Size and Growth Trends
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What is the Expected Growth Rate of the Heart Transplant Market from 2024 to 2033?
The heart transplant market has grown rapidly, expanding from $10.4 billion in 2023 to $11.49 billion in 2024, at a CAGR of 10.5%. This growth is attributed to medical advancements, greater awareness, improvements in organ preservation, and stronger healthcare infrastructure.
The heart transplant market is forecasted to grow rapidly, reaching $16.45 billion by 2028 with a CAGR of 9.4%. This is attributed to government support, the globalization of transplant programs, and the integration of telemedicine. Major trends include advancements in artificial heart devices, AI in donor selection, and increasing transplant center capacities.
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The prevalence of cardiovascular diseases is anticipated to propel the heart transplant market’s growth. Cardiovascular diseases affect the heart and blood vessels, with heart transplants as a treatment option for advanced heart failure cases. Heart transplants improve life expectancy and quality of life. According to the Office for National Statistics, heart attack deaths rose to 20,061 in 2021, up from 19,440 in 2020. In May 2023, the CDC reported that, in the US, 1 in 20 adults age 20+ have cardiovascular diseases, with 695,000 cases and 375,476 deaths in 2021. Thus, the rising prevalence of cardiovascular diseases is propelling the heart transplant market.
1) By Surgery Type: Total Artificial Heart, Biventricular Pacing, Ventricular Assist Devices, Other Surgery Types
2) By Transplant: Autograft, Allograft, Other Transplants
3) By End-User: Hospitals, Cardiac Institutes, Other End-Users
Market players are focusing on creating innovative test-treatment technologies to improve their position in the market. In August 2021, Natera Inc., a US-based clinical genetic testing company, launched the Prospera heart transplant assessment test, a non-invasive blood test that measures donor-derived cell-free DNA in heart transplant recipients. This test helps assess acute rejection and supports better management of heart transplant patients.
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North America was the largest region in the managed IT infrastructure services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed it infrastructure services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Heart Transplant Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the heart transplant market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Heart Transplant Market Include
1. Heart Transplant Market Executive Summary
2. Heart Transplant Market Segments
3. Heart Transplant Market Size And Template Market Growth Rate
4. Key Heart Transplant Market Trends
5. Major Heart Transplant Market Drivers
……
25. Key Mergers And Acquisitions In The Heart Transplant Market
26. Top Heart Transplant Companies
27. Heart Transplant Market Opportunities And Strategies
28. Heart Transplant Market, Conclusions And Recommendations
29. Appendix
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