Business

Organ Transplant Immunosuppressant Drugs Market will grow at a stable growth rate until 2026

Increasing number of patients that require organ transplants is expected to boost the organ transplant immunosuppressant market. For instance, according to the U.S. Government Information on Organ Donation and Transplantation, U.S. Department of Health & Human Services, in 2017, 34770 organ transplants were performed in the U.S. and over 114000 patients were in need for organ transplantation.

Moreover, increasing approval for new products is expected to boost the organ transplant immunosuppressant market growth. For instance, in April 2017, the U.S. Food and Drug Administration (FDA) approved Thymoglobulin (anti-thymocyte globulin (rabbit) produced by Sanofi. Thymoglobulin is intended to use in conjunction with concomitant immunosuppression in the prophylaxis and prevention of acute rejection in patients receiving a kidney transplant.

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However, decreasing number of organ transplantation due to shortage of organs may hinder growth for the organ transplant immunosuppressant market. For instance, according to National Center for Biotechnology Information (NCBI), in 2015, only 30,973 organ transplants from 15,064 donors were performed in the U.S., while over 121,000 candidates were in need for organ transplantation.

Moreover, according to a report by Organ Donation and Transplantation Activity Report, the number of organ transplants decreased from 4,655 in 2013/14 to 4,431 in 2014/15 in the U.K.

Europe is expected to witness significant growth in the market over the forecast period. The growth is attributed to increasing product launch by key players in this region. For instance, in 2013, Roche Group launched two new highly-sensitive therapeutic drug monitoring tests for immunosuppressant medicines – tacrolimus and cyclosporine worldwide (except U.S.). Therapeutic monitoring for immunosuppressive is a major part of transplant medicine and is crucial for maintaining the health of patients with organ transplantation for longer period.

Key player operating in the organ transplant immunosuppressant market include, Astellas Pharma, Genzyme Corporation, Accord Healthcare Ltd., Watson Pharmaceuticals, Inc., Novartis AG, Mylan Laboratories, Inc., GlaxoSmithKline plc., Belcher Pharmaceuticals LLC, Leo Pharma As, Glenmark Pharmaceuticals Ltd., Veloxis Pharmaceuticals Inc., Dr. Reddy’s Laboratories Ltd., Panacea Biotec Ltd., Strides Pharma Global Pte Ltd., and Hoffman La Roche.

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