The prevalence of diseases related to organ and tissue failure has led to an increase in the field of organ and tissue transplantation. The organ and tissue transplantation market is also expanding because of improved harvesting and procurement techniques, more advanced immunosuppression regimens, and effective anti-infective regimens. An industry that lacks artificial organs and donors faces serious challenges. Meanwhile, the market is expected to benefit from increased investments in research and development.
The tissue and organ transplantation market is booming, especially in wealthy countries. A large portion of the world's population suffers from illnesses including cardiovascular disease, diabetes, cancer, renal disease, and Alzheimer's disease, among others, which can lead to organ and tissue failure. According to the World Health Organization, over millions of new cancer cases and a few million cancer-related deaths were reported globally in 2012.
Chronic illnesses are becoming more common, which frequently results in catastrophic tissue and organ damage. Tissue and Organ failure are frequently irreversible, necessitating a lifetime of dependency on medications. Transplants remain the backbone for reclaiming a healthy life in such dire circumstances. With advancements in medical science, there has been a spike in tissue transplantation all across the world.
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