Canada Organ Transplant Immunosuppressants Drugs Market Size, Share, and COVID-19 Impact Analysis, By Drug Class (Calcineurin Inhibitors, Antiproliferative Agents, mTOR Inhibitor, Steroids, and Others), By Transplant Type (Kidney, Liver, Heart, Lung, Pancreas, and Others), and Canada Organ Transplant Immunosuppressants Drugs Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareCanada Organ Transplant Immunosuppressants Drugs Market Insights Forecasts to 2033
- The Canada Organ Transplant Immunosuppressants Drugs Market Size was valued at USD 235.5 Million in 2023.
- The Market Size is Growing at a CAGR of 4.15% from 2023 to 2033
- The Canada Organ Transplant Immunosuppressants Drugs Market Size is expected to reach USD 353.5 Million by 2033
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The Canada Organ Transplant Immunosuppressants Drugs Market Size is anticipated to exceed USD 353.5 Million by 2033, growing at a CAGR of 4.15% from 2023 to 2033. The increasing prevalence of chronic diseases including kidney, liver, and heart diseases, the geriatric population, and demand for transplants are driving the growth of the organ transplant immunosuppressants Drugs market in the Canada.
Market Overview
Organ transplant immunosuppressant drugs are medicines that keep organ transplants from being attacked by the immune system by aiding in lowering or suppressing the body’s natural response. Tacrolimus (Prograf), Cyclosporine (Neoral), Mycophenolate mofetil (CellCept), Azathioprine (Imuran), Prednisone, and Sirolimus (Rapamune) are some of the immunosuppressant drugs used for organ transplant. To help achieve a balance between preventing the immune system from attacking and also maintaining its capacity to combat pathogens and avert severe infections, the majority of transplant recipients would require a combination of these drugs. The development and application of immunosuppressive medications to prevent or treat allograft rejection resulted in a markedly improved prognosis following organ transplantation. The development of targeted therapies by pharmaceutical companies and the emergence of personalized medication approaches are offering lucrative market opportunities.
Report Coverage
This research report categorizes the market for Canada's organ transplant immunosuppressants drugs market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canadian organ transplant immunosuppressants drugs market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canadian organ transplant immunosuppressants drugs market.
Canada Organ Transplant Immunosuppressants Drugs Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 235.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.15% |
2033 Value Projection: | USD 353.5 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Drug Class, By Transplant Type |
Companies covered:: | Astellas Pharma, GlaxoSmithKline, Novartis, Pfizer, Sanofi, And Other Key Vendors |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis |
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Driving Factors
Between FY2004 and FY2019, liver transplant expenditures in Canada rose by 108%, from $19.1 million to $39.7 million. Hospitalization and liver transplant expenses are significant and are still rising in Canada. The strong spending on R&D facilities for drug development is driving the market growth. For instance, The University of Alberta hosts the Canadian Donation and Transplantation Research Program (CDTRP), which would receive $1.8 million over three years to pursue research into COVID-19-related problems for transplant recipients.
Restraining Factors
The lack of availability of organs and the high cost of transplantation are restraining the Canada organ transplant immunosuppressant drugs market. Further, the challenges including the associated side effects of immunosuppressant drugs and high cost with lack of insurance coverage may hamper the market growth.
Market Segmentation
The Canada Organ Transplant Immunosuppressants Drugs Market share is classified into drug class and transplant type.
- The calcineurin inhibitors segment dominated the market with the largest market share in 2023.
The Canadian organ transplant immunosuppressants drugs market is segmented by drug class into calcineurin inhibitors, antiproliferative agents, mTOR inhibitors, steroids, and others. Among these, the calcineurin inhibitors segment dominated the market with the largest market share in 2023. Calcineurin inhibitors have been the cornerstones of immunosuppression in solid organ transplantation. For instance, Tacrolimus and cyclosporine specifically block calcineurin, which hinders T cells' ability to produce interleukin (IL)-2 and a number of other cytokines. The increasing number of organ transplant surgeries is anticipated to drive the market growth in the calcineurin inhibitors segment.
- The kidney segment dominated the Canadian organ transplant immunosuppressants drugs market with the largest market share in 2023.
Based on the transplant type, the Canadian organ transplant immunosuppressants drugs market is divided into kidney, liver, heart, lung, pancreas, and others. Among these, the kidney segment dominated the Canadian organ transplant immunosuppressants drugs market with the largest market share in 2023. The maintenance treatment of kidney transplant recipients is mostly based on triple-drug therapy, which includes antiproliferative medications, corticosteroids, and calcineurin inhibitors. The rising prevalence of kidney diseases and improved access to healthcare are contributing to driving the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Canada organ transplant immunosuppressants drugs market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Astellas Pharma
- GlaxoSmithKline
- Novartis
- Pfizer
- Sanofi
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In September 2022, Takeda Canada Inc. announced that Health Canada has authorized (Notice of Compliance) LIVTENCITY (maribavir) for the treatment of adults with post-transplant cytomegalovirus (CMV) infection/disease who are refractory (with or without genotypic resistance) to one or more prior antiviral therapies.
Market Segment
This study forecasts revenue at Canadian, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Canada Organ Transplant Immunosuppressants Drugs Market based on the below-mentioned segments:
Canada Organ Transplant Immunosuppressants Drugs Market, By Drug Class
- Calcineurin Inhibitors
- Antiproliferative Agents
- mTOR Inhibitor
- Steroids
- Others
Canada Organ Transplant Immunosuppressants Drugs Market, By Transplant Type
- Kidney
- Liver
- Heart
- Lung
- Pancreas
- Others
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