Global Market Study on Bone Marrow Transplantation: Versatility of Bone Marrow Transplants for Blood Disorders to Accelerate Adoption


Bone Marrow Transplantation  Market
  • Published On : Mar-2019 |
  • Pages : 190 Pages |
  • Format : Bone Marrow Transplantation  Market Bone Marrow Transplantation  Market Bone Marrow Transplantation  Market Bone Marrow Transplantation  Market

Expanding Bone Marrow Donor Registry to Boost the Growth of the Bone Marrow Transplantation Market

Over the past few years, there has been a significant increase in the number of bone marrow registries. Increasing awareness, coupled with a rise in promotional campaigns run by healthcare practitioners, is majorly responsible for the rise in the number of bone marrow registries globally. The trend is especially quite prominent in developed regions.

The number of bone marrow donor registrants is comparatively lower in developing regions as compared to developed regions. For instance, the severe low presence of donors in China has drastically affected the market in the country. Low availability of HLA-matched bone marrow donors, coupled with the cost factor, has been severely (negatively) affecting the growth of the overall bone marrow transplantation market over the years.

Only around 40% patients, globally, receive bone marrow transplantation in a year. For a successful transplant, a patient needs a matching donor. Seventy percent (70%) of the patients cannot find a matching donor within their family. These patients will depend on a registry to help them find a donor. The markers used in matching are inherited, hence, patients are more likely to match with someone from their own race or ethnicity, making it more difficult for minority ethnicities to find a match. With the expansion of bone marrow donor registries across the world, the market for bone marrow transplantation is expected to flourish during the forecast period.

global bone marrow transplantation market

Increased Survival Rate after Bone Marrow Transplantation Treatment to Potentially Boost Adoption

Over the past few years, there has been a considerable increase in patient survival rates after bone marrow transplantation, which is a major factor attributed to the increasing demand for conducting bone marrow transplantation procedures. It is the likely assured treatment option for end-stage leukemia and other blood cancers. For instance, Mayo Foundation for Medical Education and Research reported 1 year survival rate of 73% among allogeneic BMT and 98% for autologous BMT in the U.S. in 2014.

Increasing Prevalence of Blood Cancer in Developing Regions is driving the Demand for Bone Marrow Transplantation

There has been a rise in the incidences of blood cancer in the past decade. The incidence rate of blood cancer is 1.5X higher in developing regions as compared to developed regions. Increase in per capita income in most of the developing regions has led to a significant rise in spending on healthcare. This, in turn, is expected to boost the growth of the overall bone marrow transplantation market in the region.

Ease of Access to Bone Marrow Transplantation Therapy in the US

Availability of resources, such as national bone marrow registries, non-profit hematopoietic cell registries, national marrow donor programs, and other similar organizations, has granted patients an easy access to the otherwise difficult process of study, in the US. For instance, as per a study conducted in the US, there was a 5% increase in the bone marrow transplantation rate from 2009 to 2013.

Commercialization of Cellular Therapy and Tissue Engineering Products

Increasing market presence of many companies engaged in clinical trials of cellular therapy and tissue engineering products, in turn, is expected to increase the demand for bone marrow transplantation procedure worldwide. Some of the companies have transpired from being R&D companies to full-fledged commercial companies. Some of them have witnessed above 30% growth in last 5 years. Stem cell graft is the fastest growing cellular therapy, the market for which was valued around US$ 510 Mn by the end of 2015.

Low Reimbursement and Payment Gaps for Bone Marrow Transplantation

Lack of reimbursement policies for organ transplantation procedure in developing regions, coupled with high cost of bone marrow transplantation, has led to the slower adoption of bone marrow transplantation procedure, particularly in developing regions. Only 30% of the global population has been found to be financially sound to undergo bone transplantation.

Limited coverage is further stressed by the CMS payment policy, which reimburses significantly low amount when compared to the actual cost of bone marrow transplantation. Federal reimbursement rate is 47% less than the procedure’s true cost. As a result, hospitals in the U.S. that perform marrow transplants for Medicare patients report losses of nearly $40,000 per transplant.

Definition

Bone marrow may be damaged or destroyed by disease, infection or chemotherapy. A medical procedure that is performed to replace damaged or destroyed bone marrow is known as bone marrow transplantation. In an autologous transplant, stem cells are collected from the patient themselves, harvested, frozen, and stored, then infused back into the patient after intensive therapy. In an allogeneic transplant, stem cells are collected from a matching donor and transplanted into the patient to suppress the disease and restore the patient’s immune system.

About the Report

The report on the bone marrow transplantation market offers a comprehensive evaluation of the business opportunities in the bone marrow transplantation market along with insights on the competition blueprint, list of key players in the bone marrow transplantation market, and trend analysis of the bone marrow transplantation market for the duration from 2018 to 2028.

Segmentation

The report offers a comprehensive taxonomy of the bone marrow transplantation market based on transplantation type, indication, end user, and region. Based on transplantation type, the global bone marrow transplantation market is segmented into autologous bone marrow transplantation and allogeneic bone marrow transplantation.

Based on indication, the global bone marrow transplantation market is segmented into leukemia, lymphoma, myeloma, myelodysplasia, myeloproliferative neoplasms, aplastic anemia, solid tumors, sickle cell anemia, thalassemia and others. Based on the end user, the bone marrow transplantation market is segmented into hospitals, ambulatory surgical centers, and multispecialty clinics.

From a geographical perspective, the bone marrow transplantation market is segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa (MEA).

Additional Questions Answered

Some of the additional questions addressed in this report on the remedies market are-

  • What is the revenue potential of the bone marrow transplantation market across emerging economies such as Brazil, Russia, and India?
  • What are the factors driving the growth of the bone marrow transplantation market across the world?
  • What are the major challenges influencing the growth of the bone marrow transplantation market?

A recent market study published by the company – “Bone Marrow Transplantation Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2028” consists of a comprehensive assessment of the most important market dynamics. By conducting a thorough research on the historical as well as current growth parameters of the bone marrow transplantation market, the growth prospects of the market are obtained with maximum precision.

The report features unique and salient factors that may have a huge impact on the development of the bone marrow transplantation market during the forecast period. It can help the players to modify their manufacturing and marketing strategies to envisage maximum growth in the bone marrow transplantation market in the upcoming years. The report provides detailed information about the current and future growth prospects of the bone marrow transplantation market in the most comprehensive way for better understanding of the readers.

Chapter 1 – Executive Summary

The report commences with the executive summary of the bone marrow transplantation market, which includes the summary of key findings and statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the bone marrow transplantation market.

Chapter 2 – Market Overview

Readers can find detailed taxonomy and the definition of bone marrow transplantation in this chapter, which will help them understand the basic information about the bone marrow transplantation market dynamics, key players, supply chain analysis and value chain analysis are included in the report.

Chapter 3 – Market Trends and Success Factors

Readers can find detailed trend analysis of global bone marrow transplantation in this chapter, along with regional trends, pipeline assessment, pricing analysis and regional procedure volume of bone marrow transplantation.

Chapter 4 – Market Background

In this chapter, a detailed explanation of market dynamics such as macro-economic factors, drivers, restraints, and opportunity analysis is available.

Chapter 5 – Global Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028, by Transplantation Type

Based on the transplantation type, the bone marrow transplantation market is segmented into autologous bone marrow transplantation and allogeneic bone marrow transplantation. In this chapter, readers can find information about the key trends and developments in the bone marrow transplantation market and market attractive analysis based on the type of transplantation.

Chapter 6 – Global Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028, by Indication

Based on the indication, the bone marrow transplantation market is segmented into leukemia, lymphoma, myeloma, myelodysplasia, myeloproliferative neoplasms, aplastic anemia, solid tumors, sickle cell anemia, thalassemia and others. In this chapter, the readers can find information about the key trends and developments in the bone marrow transplantation market and market attractive analysis based on indication.

Chapter 7 – Global Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028, by End User

Based on the end user segments, the bone marrow transplantation market is segmented into hospitals, ambulatory surgical centers and multispecialty clinics. In this chapter, the readers can find information about the key trends and developments in the bone marrow transplantation market and market attractive analysis based on end users.

Chapter 8 – Global Bone Marrow Transplantation Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2028, By Region

This chapter explains how the bone marrow transplantation market will grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa (MEA).

Chapter 9 – North America Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

This chapter includes a detailed analysis of the growth of the North America bone marrow transplantation market along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends, and market growth based on transplantation type, indication, end user and country for the bone marrow transplantation market in North America.

Chapter 10 – Latin America Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

The readers can find detailed information about factors that are impacting the growth of the Latin America bone marrow transplantation market. This chapter also includes the growth prospects of the bone marrow transplantation market in leading LATAM countries such as Brazil, Mexico, Argentina and Rest of Latin America.

Chapter 11 – Europe Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

Important growth prospects of the bone marrow transplantation market based on its transplantation types, along with indication and end user in several European countries, such as Germany, Italy, France, U.K., Spain, Russia, and Rest of Europe.

Chapter 12 – East Asia Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

Important growth prospects of the bone marrow transplantation market based on its transplantation types, along with indication and end users in East Asian countries, such as China, Japan and South Korea.

Chapter 13 – South Asia Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

India, Thailand, Malaysia, and Indonesia are the leading countries in the APEJ region that are the prime subjects of assessment to obtain growth prospects of the South Asia bone marrow transplantation market in this chapter. The readers can find thorough information about the growth parameters of the South Asia Bone Marrow Transplantation market during the period 2018-2028.

Chapter 14 – Oceania Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

This chapter provides information on how the bone marrow transplantation market will grow in the Oceania countries that include, Australia and New Zealand during the period 2018-2028.

Chapter 15 – MEA Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

This chapter provides information on how the bone marrow transplantation market will grow in the major countries of the MEA region, such as GCC Countries, Turkey and South Africa, during the period 2018-2028.

Chapter 16 – Emerging Countries Bone Marrow Transplantation Market Analysis 2013–2017 and Forecast 2018–2028

This chapter provides information on how the bone marrow transplantation market will grow in the emerging countries that include Brazil, Russia and India, during the period 2018-2028.

Chapter 17 –Bone Marrow Transplantation Market: Competition Analysis

This chapter provides detailed information on Key market players strategy and product offering and a comparison of the same in the Company Dashboard.

Chapter 18 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 19 – Research Methodology

This chapter helps readers to understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the bone marrow transplantation market.

Companies covered in Bone Marrow Transplantation Market Report

Company Profile

  • Merck Millipore Corporation
  • Sanofi-Aventis LLC.
  • STEMCELL Technologies.
  • American Type Culture Collection (ATCC) Inc
  • ReeLabs Pvt. Ltd.
  • HemaCare

Bone Marrow Transplantation Market

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