Transplant Diagnostics Market to Attain a Valuation of USD 2.3 billion by 2031: Transparency Market Research Study
The market for transplant diagnostics is growing because of an increased emphasis on early profiling during organ transplantation and an increase in the prevalence of chronic renal illnesses.
WILMINGTON, Del., Jan. 3, 2024 /PRNewswire/ -- The global transplant diagnostics market was projected to attain US$ 1.2 billion in 2022. It is anticipated to garner a 7.7% CAGR from 2023 to 2031 and by 2031, the market is likely to attain US$ 2.3 billion by 2031.
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Patients with chronic kidney disorders have a feasible and frequently chosen therapeutic option in transplantation. The worldwide transplant diagnostics market is expected to provide attractive prospects for research and development in noninvasive transplant diagnostic techniques, immunosuppressive drugs, and post-transplant care. Vendors are developing new tests and antigen products in order to broaden their range of offerings.
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Transplant Diagnostics Market Report Scope:
Report Coverage
Details
Forecast Period
2023-2031
Base Year
2017-2021
Size in 2022
US$ 1.2 Bn
Forecast (Value) in 2031
US$ 2.3 Bn
Growth Rate (CAGR) 7.7 %
No. of Pages
295 Pages
Segments covered Screening, Technique, Application, Product &
Services,
End-user
Key Findings of the Market Report
-- Organ harvesting is being encouraged by organizations all around the
world, which is increasing the volume of organ donations.
-- The technique known as Next Generation Sequencing (NGS) has greatly
impacted organ transplantation.
-- Human Leukocyte Antigens (HLA), which are essential for immune system
compatibility, may be high-resolution typed using NGS.
-- Transplant diagnostics market growth is anticipated to be constrained in
the near future by the high prices of procedures including blood
profiling, genomic profiling, and histocompatibility testing.
-- The use of specialized molecular diagnostic platforms for these
operations results in exorbitant expenses.
-- Combining these technologies with conventional PCR/NGS equipment
presents a number of difficulties.
Market Trends for Transplant Diagnostics
-- The term "chronic kidney disease" refers to a degenerative illness that
affects over 10% of people worldwide. Women, the elderly, and
individuals with diabetes mellitus and hypertension are more likely to
have the illness. Adversities associated with chronic renal illnesses
necessitate creative approaches to improve care.
-- When compared to long-term dialysis, kidney transplantation enhances
quality of life. According to the National Institute of Diabetes and
Digestive and Kidney Diseases (NIDDK), kidney failure affects 661,000
Americans. The market for transplant diagnostics is expanding due to the
rise in chronic renal disease patients.
-- The need for transplant diagnostics is increasing as early profiling
during organ transplantation becomes more important. A thorough
evaluation of several elements, such as genetic, molecular, and clinical
indicators, is part of early profiling. It aids medical practitioners in
creating transplant protocols and post-transplant care tailored to
individual patients.
Global Market for Transplant Diagnostics: Regional Outlook
-- In 2022, North America held the majority of the share. An increase in
funding for organ transplant research and development is driving the
dynamics of the regional market. The National Institutes of Health
reports that 735 million US dollars would be spent on transplant
research in 2022. Furthermore, according to the Organ Donation
Statistics, the United States performed more than 40,000 organ
transplants in 2021.
-- The Europe transplant diagnostics market is expected to increase
steadily throughout the course of the projected period, according to the
most recent market projection. The market environment in Europe is being
positively impacted by an increase in healthcare spending, the
availability of more seamless applications for all transplantation
procedures, and improved partnerships between donors and recipients.
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Global Transplant Diagnostics Market: Key Players
Leading companies in the transplant diagnostics industry are developing technologies that enable precise evaluations of organ compatibility. To improve pre-transplant testing, industry leaders such as Thermo Fisher Scientific, Illumina, and Bio-Rad Laboratories concentrate on advanced molecular and genomics solutions. They create technology for PCR, high-throughput sequencing, and HLA typing to guarantee accurate donor-recipient matching.
Their portfolios are strengthened by smart acquisitions and partnerships, which make complete transplant diagnostics services possible. By offering state-of-the-art diagnostic instruments and encouraging developments in tailored medicine for organ transplantation, these pioneers in the field want to raise the success rates of transplants. The following companies are well-known participants in the global transplant diagnostics market:
-- Bio-Rad Laboratories, Inc.
-- Qiagen N.V.
-- F. Hoffmann-La Roche AG
-- Thermo Fisher Scientific Inc.
-- Becton, Dickinson, and Company
-- Ortho Clinical Diagnostics
-- Immucor Inc.
-- Illumina Inc.
-- Siemens Healthineers
-- Agilent Technologies
Some of the key developments by the players in this market are:
-- Beton, Dickinson and Company stated in February 2023 that the BD
Onclarity HPV Assay was authorized by the US FDA to be used in
combination with the ThinPrep Pap Test.
-- The Food and Drug Administration of the United States approved Hologic's
Aptima CMV Quant test in May 2022. This assay measures the
cytomegalovirus (CMV) viral load in patients who have had solid organ or
stem cell transplants.
-- Luminex's single antigen product, LIFECODES LSATM Class I and Class II
Assays, and MIA FORA NGS EXPRESS HLA Typing Software were the two
additional products that Immucor Inc. introduced to their transplant
diagnostics portfolio in March 2022.
Global Transplant Diagnostics Market Segmentation
Screening
-- Pre-transplant Diagnostics
-- Post-transplant Diagnostics
Technique
-- Molecular Assay
-- Non-molecular Assay
Application
-- Solid Organ Transplantation
-- Kidney
-- Liver
-- Heart
-- Lungs
-- Pancreas
-- Small Bowel
-- Stem Cell Transplantation
Product & Services
-- Reagents & Consumables
-- Instruments
-- Software & Services
End User
-- Hospitals & Transplant Centers
-- Research Laboratories
-- Others
Region
-- North America
-- Europe
-- Asia Pacific
-- Middle East & Africa
-- Latin America
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