Transplantation is the most regulated field in medicine and requires a detailed knowledge of the clinical as well as the non-clinical issues of a program to succeed in a highly competitive field. Organ and Tissue Transplantation is a series of seven volumes that will go over the science, the administrative and regulatory issues making a contemporary transplant program successful.
Organ transplantation is a medical procedure in which an organ is removed from one body and placed in the body of a recipient, to replace a damaged or missing organ. The donor and recipient may be at the same location, or organs may be transported from a donor site to another location. Organs and/or tissues that are transplanted within the same person''s body are called autografts. Transplants that are recently performed between two subjects of the same species are called allografts. Allografts can either be from a living or cadaveric source.
In 2019, the market size of Organ and Tissue Transplantation is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Organ and Tissue Transplantation.
This report studies the global market size of Organ and Tissue Transplantation, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Organ and Tissue Transplantation production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AbbVie
Arthrex
Zimmer Biomet
Medtronic
Novartis
Stryker
21st Century Medicine
BioLifeSolutions
Teva Pharmaceuticals
Veloxis Pharmaceuticals
Market Segment by Product Type
Organ
Tissue
Market Segment by Application
Hospital
Clinic
Research
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Organ and Tissue Transplantation status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Organ and Tissue Transplantation manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Organ and Tissue Transplantation are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Organ transplantation is a medical procedure in which an organ is removed from one body and placed in the body of a recipient, to replace a damaged or missing organ. The donor and recipient may be at the same location, or organs may be transported from a donor site to another location. Organs and/or tissues that are transplanted within the same person''s body are called autografts. Transplants that are recently performed between two subjects of the same species are called allografts. Allografts can either be from a living or cadaveric source.
In 2019, the market size of Organ and Tissue Transplantation is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Organ and Tissue Transplantation.
This report studies the global market size of Organ and Tissue Transplantation, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Organ and Tissue Transplantation production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AbbVie
Arthrex
Zimmer Biomet
Medtronic
Novartis
Stryker
21st Century Medicine
BioLifeSolutions
Teva Pharmaceuticals
Veloxis Pharmaceuticals
Market Segment by Product Type
Organ
Tissue
Market Segment by Application
Hospital
Clinic
Research
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Organ and Tissue Transplantation status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Organ and Tissue Transplantation manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Organ and Tissue Transplantation are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Organ and Tissue Transplantation Market Size Growth Rate by Type (2019-2025)
1.3.2 Organ
1.3.3 Tissue
1.4 Market Segment by Application
1.4.1 Global Organ and Tissue Transplantation Market Share by Application (2019-2025)
1.4.2 Hospital
1.4.3 Clinic
1.4.4 Research
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Organ and Tissue Transplantation Production Value 2014-2025
2.1.2 Global Organ and Tissue Transplantation Production 2014-2025
2.1.3 Global Organ and Tissue Transplantation Capacity 2014-2025
2.1.4 Global Organ and Tissue Transplantation Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Organ and Tissue Transplantation Market Size CAGR of Key Regions
2.2.2 Global Organ and Tissue Transplantation Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Organ and Tissue Transplantation Capacity by Manufacturers
3.1.2 Global Organ and Tissue Transplantation Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Organ and Tissue Transplantation Revenue by Manufacturers (2014-2019)
3.2.2 Organ and Tissue Transplantation Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Organ and Tissue Transplantation Market Concentration Ratio (CR5 and HHI)
3.3 Organ and Tissue Transplantation Price by Manufacturers
3.4 Key Manufacturers Organ and Tissue Transplantation Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Organ and Tissue Transplantation Market
3.6 Key Manufacturers Organ and Tissue Transplantation Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Organ Production and Production Value (2014-2019)
4.1.2 Tissue Production and Production Value (2014-2019)
4.2 Global Organ and Tissue Transplantation Production Market Share by Type
4.3 Global Organ and Tissue Transplantation Production Value Market Share by Type
4.4 Organ and Tissue Transplantation Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Organ and Tissue Transplantation Consumption by Application
6 Production by Regions
6.1 Global Organ and Tissue Transplantation Production (History Data) by Regions 2014-2019
6.2 Global Organ and Tissue Transplantation Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.3.2 United States Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.3.3 Key Players in United States
6.3.4 United States Organ and Tissue Transplantation Import & Export
6.4 European Union
6.4.1 European Union Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.4.2 European Union Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.4.3 Key Players in European Union
6.4.4 European Union Organ and Tissue Transplantation Import & Export
6.5 China
6.5.1 China Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.5.2 China Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.5.3 Key Players in China
6.5.4 China Organ and Tissue Transplantation Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Organ and Tissue Transplantation Consumption by Regions
7.1 Global Organ and Tissue Transplantation Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Organ and Tissue Transplantation Consumption by Type
7.2.2 United States Organ and Tissue Transplantation Consumption by Application
7.3 European Union
7.3.1 European Union Organ and Tissue Transplantation Consumption by Type
7.3.2 European Union Organ and Tissue Transplantation Consumption by Application
7.4 China
7.4.1 China Organ and Tissue Transplantation Consumption by Type
7.4.2 China Organ and Tissue Transplantation Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Organ and Tissue Transplantation Consumption by Type
7.5.2 Rest of World Organ and Tissue Transplantation Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 AbbVie
8.1.1 AbbVie Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Organ and Tissue Transplantation
8.1.4 Organ and Tissue Transplantation Product Introduction
8.1.5 AbbVie Recent Development
8.2 Arthrex
8.2.1 Arthrex Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Organ and Tissue Transplantation
8.2.4 Organ and Tissue Transplantation Product Introduction
8.2.5 Arthrex Recent Development
8.3 Zimmer Biomet
8.3.1 Zimmer Biomet Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Organ and Tissue Transplantation
8.3.4 Organ and Tissue Transplantation Product Introduction
8.3.5 Zimmer Biomet Recent Development
8.4 Medtronic
8.4.1 Medtronic Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Organ and Tissue Transplantation
8.4.4 Organ and Tissue Transplantation Product Introduction
8.4.5 Medtronic Recent Development
8.5 Novartis
8.5.1 Novartis Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Organ and Tissue Transplantation
8.5.4 Organ and Tissue Transplantation Product Introduction
8.5.5 Novartis Recent Development
8.6 Stryker
8.6.1 Stryker Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Organ and Tissue Transplantation
8.6.4 Organ and Tissue Transplantation Product Introduction
8.6.5 Stryker Recent Development
8.7 21st Century Medicine
8.7.1 21st Century Medicine Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Organ and Tissue Transplantation
8.7.4 Organ and Tissue Transplantation Product Introduction
8.7.5 21st Century Medicine Recent Development
8.8 BioLifeSolutions
8.8.1 BioLifeSolutions Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Organ and Tissue Transplantation
8.8.4 Organ and Tissue Transplantation Product Introduction
8.8.5 BioLifeSolutions Recent Development
8.9 Teva Pharmaceuticals
8.9.1 Teva Pharmaceuticals Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Organ and Tissue Transplantation
8.9.4 Organ and Tissue Transplantation Product Introduction
8.9.5 Teva Pharmaceuticals Recent Development
8.10 Veloxis Pharmaceuticals
8.10.1 Veloxis Pharmaceuticals Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Organ and Tissue Transplantation
8.10.4 Organ and Tissue Transplantation Product Introduction
8.10.5 Veloxis Pharmaceuticals Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Organ and Tissue Transplantation Capacity, Production Forecast 2019-2025
9.1.2 Global Organ and Tissue Transplantation Production Value Forecast 2019-2025
9.2 Market Forecast by Regions
9.2.1 Global Organ and Tissue Transplantation Production and Value Forecast by Regions 2019-2025
9.2.2 Global Organ and Tissue Transplantation Consumption Forecast by Regions 2019-2025
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Organ and Tissue Transplantation Production Forecast by Type
9.7.2 Global Organ and Tissue Transplantation Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Organ and Tissue Transplantation Sales Channels
10.2.2 Organ and Tissue Transplantation Distributors
10.3 Organ and Tissue Transplantation Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter''s Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Organ and Tissue Transplantation Market Size Growth Rate by Type (2019-2025)
1.3.2 Organ
1.3.3 Tissue
1.4 Market Segment by Application
1.4.1 Global Organ and Tissue Transplantation Market Share by Application (2019-2025)
1.4.2 Hospital
1.4.3 Clinic
1.4.4 Research
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Organ and Tissue Transplantation Production Value 2014-2025
2.1.2 Global Organ and Tissue Transplantation Production 2014-2025
2.1.3 Global Organ and Tissue Transplantation Capacity 2014-2025
2.1.4 Global Organ and Tissue Transplantation Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Organ and Tissue Transplantation Market Size CAGR of Key Regions
2.2.2 Global Organ and Tissue Transplantation Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Organ and Tissue Transplantation Capacity by Manufacturers
3.1.2 Global Organ and Tissue Transplantation Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Organ and Tissue Transplantation Revenue by Manufacturers (2014-2019)
3.2.2 Organ and Tissue Transplantation Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Organ and Tissue Transplantation Market Concentration Ratio (CR5 and HHI)
3.3 Organ and Tissue Transplantation Price by Manufacturers
3.4 Key Manufacturers Organ and Tissue Transplantation Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Organ and Tissue Transplantation Market
3.6 Key Manufacturers Organ and Tissue Transplantation Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Organ Production and Production Value (2014-2019)
4.1.2 Tissue Production and Production Value (2014-2019)
4.2 Global Organ and Tissue Transplantation Production Market Share by Type
4.3 Global Organ and Tissue Transplantation Production Value Market Share by Type
4.4 Organ and Tissue Transplantation Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Organ and Tissue Transplantation Consumption by Application
6 Production by Regions
6.1 Global Organ and Tissue Transplantation Production (History Data) by Regions 2014-2019
6.2 Global Organ and Tissue Transplantation Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.3.2 United States Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.3.3 Key Players in United States
6.3.4 United States Organ and Tissue Transplantation Import & Export
6.4 European Union
6.4.1 European Union Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.4.2 European Union Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.4.3 Key Players in European Union
6.4.4 European Union Organ and Tissue Transplantation Import & Export
6.5 China
6.5.1 China Organ and Tissue Transplantation Production Growth Rate 2014-2019
6.5.2 China Organ and Tissue Transplantation Production Value Growth Rate 2014-2019
6.5.3 Key Players in China
6.5.4 China Organ and Tissue Transplantation Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Organ and Tissue Transplantation Consumption by Regions
7.1 Global Organ and Tissue Transplantation Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Organ and Tissue Transplantation Consumption by Type
7.2.2 United States Organ and Tissue Transplantation Consumption by Application
7.3 European Union
7.3.1 European Union Organ and Tissue Transplantation Consumption by Type
7.3.2 European Union Organ and Tissue Transplantation Consumption by Application
7.4 China
7.4.1 China Organ and Tissue Transplantation Consumption by Type
7.4.2 China Organ and Tissue Transplantation Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Organ and Tissue Transplantation Consumption by Type
7.5.2 Rest of World Organ and Tissue Transplantation Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 AbbVie
8.1.1 AbbVie Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Organ and Tissue Transplantation
8.1.4 Organ and Tissue Transplantation Product Introduction
8.1.5 AbbVie Recent Development
8.2 Arthrex
8.2.1 Arthrex Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Organ and Tissue Transplantation
8.2.4 Organ and Tissue Transplantation Product Introduction
8.2.5 Arthrex Recent Development
8.3 Zimmer Biomet
8.3.1 Zimmer Biomet Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Organ and Tissue Transplantation
8.3.4 Organ and Tissue Transplantation Product Introduction
8.3.5 Zimmer Biomet Recent Development
8.4 Medtronic
8.4.1 Medtronic Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Organ and Tissue Transplantation
8.4.4 Organ and Tissue Transplantation Product Introduction
8.4.5 Medtronic Recent Development
8.5 Novartis
8.5.1 Novartis Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Organ and Tissue Transplantation
8.5.4 Organ and Tissue Transplantation Product Introduction
8.5.5 Novartis Recent Development
8.6 Stryker
8.6.1 Stryker Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Organ and Tissue Transplantation
8.6.4 Organ and Tissue Transplantation Product Introduction
8.6.5 Stryker Recent Development
8.7 21st Century Medicine
8.7.1 21st Century Medicine Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Organ and Tissue Transplantation
8.7.4 Organ and Tissue Transplantation Product Introduction
8.7.5 21st Century Medicine Recent Development
8.8 BioLifeSolutions
8.8.1 BioLifeSolutions Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Organ and Tissue Transplantation
8.8.4 Organ and Tissue Transplantation Product Introduction
8.8.5 BioLifeSolutions Recent Development
8.9 Teva Pharmaceuticals
8.9.1 Teva Pharmaceuticals Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Organ and Tissue Transplantation
8.9.4 Organ and Tissue Transplantation Product Introduction
8.9.5 Teva Pharmaceuticals Recent Development
8.10 Veloxis Pharmaceuticals
8.10.1 Veloxis Pharmaceuticals Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Organ and Tissue Transplantation
8.10.4 Organ and Tissue Transplantation Product Introduction
8.10.5 Veloxis Pharmaceuticals Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Organ and Tissue Transplantation Capacity, Production Forecast 2019-2025
9.1.2 Global Organ and Tissue Transplantation Production Value Forecast 2019-2025
9.2 Market Forecast by Regions
9.2.1 Global Organ and Tissue Transplantation Production and Value Forecast by Regions 2019-2025
9.2.2 Global Organ and Tissue Transplantation Consumption Forecast by Regions 2019-2025
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Organ and Tissue Transplantation Production Forecast by Type
9.7.2 Global Organ and Tissue Transplantation Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Organ and Tissue Transplantation Sales Channels
10.2.2 Organ and Tissue Transplantation Distributors
10.3 Organ and Tissue Transplantation Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter''s Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
