Organ Transplant Immunosuppressant Drugs Market is Expected to Surpass US$ 6,007.6 Mn at a CAGR of 3.1% by The End of 2028 | Astellas Pharma, Genzyme Corporation, Accord Healthcare Ltd

Overview:

Immunosuppressive drugs are administered for the patient’s rest after an organ transplant. These help in suppressing the patient’s immune reaction to the transplant. Usage of immunosuppressive drugs is very important for suppressing allograft rejection.

The global organ transplant immunosuppressant drugs market is forecast to reach US$ 6,007.6 Million in terms of value by the end of 2028 during the forecast period.

Impact of Covid-19:

Many nations and regions were severely affected due to the pandemic. According to the report by WHO, until 13 September 2021, there have been 224,511,226 confirmed cases of coronavirus and 4,627,540 deaths were reported. Until 12 September 2021, 5,534,977,637 doses of COVID-19 vaccine were administered. Until 12 September 2021, 5,534,977,637 doses of vaccines were administered. This led to several challenges to the donation and transplantation program. Several nations witnessed reduced number of donations and transplantations during the outbreak of the virus. Moreover, there has been an increase in donations and transplantation and the healthcare sector is also coping with the pandemic.

Drivers:

Increasing approval and product launches is estimated to augment growth of the global organ transplant immunosuppressant drugs market during the forecast period. For instance, TFF Pharmaceuticals, Inc. gained approval from the U.S. Food and Drug Administration for Tacrolimus Inhalation Powder used for prophylaxis of lung allograft rejection in June 2020.

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Opportunities:

Rising development and availability of new medications is estimated to provide productive chances of growth for key players in the global organ transplant immunosuppressant drugs market over the forecast period. Various studies are being conducted so as to enhance ways of minimizing the chances of ejection of organ by lower antibody levels in the blood. Many efforts are being developed for testing the potential of new immunosuppressive medications for preventing organ rejection in the body. Drugs like alefacept, tofacitinib, bortezomib, sotrastaurin, eculizumab and voclosporin.

Restraints:

Emergence of stem cells is estimated to hamper growth of the global organ transplant immunosuppressant drugs market over the forecast period. Stem cell therapies can help in reducing the need for organ transplantation. Researchers ares hoping to repair damaged organs by new cells which are grown from adult embryonic stem cells. Rising adoption of stem cell therapies is estimated to hamper growth of the global organ transplant immunosuppressant drugs market over the forecast period.

 Key Takeaways:

• The global organ transplant immunosuppressant drugsmarket was forecast to be valued at US$ 4,734.8 Mn in 2020 and is estimated to reach a value of US$ 6,007.6 Million by 2028 over the forecast period.
• The Antibodies segment in the global organ transplant immunosuppressant drugsmarket was forecast to be valued at US$ 1,135.6 Million in 2020 and is estimated to witness a CAGR of 3.7% over the forecast period.

 Market Trends:

Increasing research and developmental activities in the rejection of organ transplant is estimated to augment growth of the global organ transplant immunosuppressant drugs market over the forecast period. For instance, researchers from the Friedrich-Alexander-University Erlangen-Nürnberg, in Germany in in August 2020, found kidney transplant a cause of pain and intestinal bleeding in women suffering from atypical hemolytic uremic syndrome and without exhibiting any symptoms.

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Covid-19 has impacted the rate of organ transplant adversely. For instance, in July 2020, a study called ‘Pandemic‐related unemployment impacts transplant in the US’, was published which reported that in the United States of America, the pandemic has led to increase in unemployment which has led many individuals without any health insurance. Unavailability of income and insurance indicated that the patient cannot pay for critical immunosuppressive medication post-transplant

Key Players:

Key player active in the global organ transplant immunosuppressant drugs are Hoffman La Roche, Astellas Pharma, Strides Pharma Global Pte Ltd., Genzyme Corporation, Genzyme Corporation, Panacea Biotec Ltd., Accord Healthcare Ltd, Dr. Reddy’s Laboratories Ltd., Watson Pharmaceuticals, Inc., Veloxis Pharmaceuticals Inc., Novartis AG, TolerogenixX GmbH, Mylan Laboratories, Inc., TFF Pharmaceuticals, Inc., GlaxoSmithKline plc., Leo Pharma As and Belcher Pharmaceuticals LLC.

Key Developments:

Gennbio Co. Ltd. entered in an agreement with Genexine Inc. for in-licensing BSF-110 and GX-P1 in January 2020, these aim to reduce the side effects caused by immunosuppressants which are used in xenotransplantation and allotransplantation.

Recent Developments:

Tacrolimus capsules were launched in the US by Biocon Ltd in December 2020, after they gained approval from the US. FDA in November 2020.

Tacrolimus Capsules of USP, 0.5 mg, 1 mg, and 5 mg, were launched by Lupin Limited in alliance with Concord Biotech Limited in November 2020, and they gained approval for ANDA from the U.S. FDA in

H.R. 5534, The United States of America have introduced a new legislation in January 2020 for extending Medicare coverage of immunosuppressive drugs used in patients undergoing kidney transplant. This new legislation will extend the coverage of immunosuppressive drugs past 36 month-cut off in order to cover medications for life of the transplant

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Reasons to buy this Organ Transplant Immunosuppressant Drugs Market Report

☑ It attempts an analysis of the competing scenario.

☑ The current and exceptional product revenue market.

☑ An in-depth data on the regional investigation and competitive landscape structure.

☑ It benefits in creating an awareness of the important key product segments.

☑ The marketing strategies, opportunities, and development factors are explained.

☑ Organ Transplant Immunosuppressant Drugs market size estimation and recent advancements in the industry are explained.

The Study Objectives are:

✔ A comprehensive insight into key players operating in the Organ Transplant Immunosuppressant Drugs Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Organ Transplant Immunosuppressant Drugs Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Organ Transplant Immunosuppressant Drugs Industry Impact

Chapter 2 Global Organ Transplant Immunosuppressant Drugs Competition by Types, Applications, and Top Regions and Countries
2.1 Global Organ Transplant Immunosuppressant Drugs (Volume and Value) by Type
2.3 Global Organ Transplant Immunosuppressant Drugs (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Organ Transplant Immunosuppressant Drugs Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 6 East Asia Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 7 Europe Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 8 South Asia Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 9 Southeast Asia Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 10 Middle East Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 11 Africa Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 12 Oceania Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 13 South America Organ Transplant Immunosuppressant Drugs Market Analysis
Chapter 14 Company Profiles and Key Figures in Organ Transplant Immunosuppressant Drugs Business
Chapter 15 Global Organ Transplant Immunosuppressant Drugs Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology