May 19 2008 / by juldrich / In association with Future Blogger.net
Category: Biotechnology Year: Beyond Rating: 7 Hot
By Jack Uldrich
Cross-posted from www.jumpthecurve.net
One of my preferred methods for trying to understand where the future might be headed is to look for those areas where technology can address a compelling human need. To this point, this past weekend I read with great interest this opinion piece in the Wall Street Journal entitled “Why We Need a Market for Human Organs.” It’s a well-reasoned piece and the sentiment appeals to my more libertarian and free market-oriented sensibilities. Nevertheless, I am of the opinion that within the next 10-15 years advances in tissue and organ regeneration technology will render the need for “organ markets” obsolete.
I have written about this idea before, but I’d encourage you to read this new government report entitled “2020: A New Vision – A Future for Regenerative Medicine.” According to the report the current world market for replacement organ therapies is in excess of $350 billion. More disturbing, however, is the fact that there are currently over 100,000 patients are on a waiting list for an organ donation and an estimated 8,000 people on that list will die this year while waiting for a transplant. (cont.)