Global Transplant Diagnostics Market 2016-2020

Global transplant diagnostics market forecast

According to the transplant diagnostics industry analysis, Technavio’s market research analyst predicts the global transplant diagnostics market to grow at a CAGR of more than 6% by 2020. Various governmental and non-governmental organizations are conducting awareness programs to spread the knowledge about organ transplantation. Awareness of organ donation can help meet the demand for the number of required transplantation. Though many people support the cause, very few donate organs. Organizations need to spread awareness about the benefits of organ transplantation to meet the demand for a donor organ and reduce the mortality rate. The rise in public awareness of organ donation will boost the growth prospects of this market during the forecast period.

The growing demand and increasing use of transplant diagnostics have propelled several manufacturers to come up with new products in the market. Most of these new products introduced have received regulatory approvals, particularly FDA approval, and are accessible to both individuals and medical personnel. For instance, ThermoFisher Scientific introduced the NXType NGS HLA typing assay that includes molecular typing products such as SSO, SSP, and SBT technologies. Recently, Illumina introduced Conexio's HLA typing solutions that allow researchers to analyze genomic variants that cause complications during transplants.

Segmentation by screening and analysis of the transplant diagnostics market

• Pre-transplant diagnostics
• Post-transplant diagnostics

The post-transplant diagnostics segment dominated the market in 2015 and accounted for more than 59% of the total market share.  The use of post-transplant diagnostics is high as many people undergo regular biopsies in the initial months after organ transplantation. The most popular device for carrying out this procedure is AlloMap system which can be used between six months and five years after heart transplantation to check the presence of acute cellular rejections in high-risk patients aged above 15 years. The rise in organ transplantations has increased the use of these procedures, thereby augmenting the growth prospects for this segment in the coming years.

Geographical segmentation and analysis of the transplant diagnostics market

• Americas
• APAC
• EMEA

Based on the transplant diagnostics market outlook, the Americas will be the dominating region in the market over the next four years and is expected to occupy 53% of the overall market share. Much of this market’s growth can be attributed to the rising procurement of transplant diagnostic instruments among medical facilities as they are considered one-time investment products and have longer shelf-life than consumables. With the rising prevalence of chronic diseases, the volume of organ transplantation will increase, thereby increasing the demand for transplant diagnostics in the coming years.

Competitive landscape and key vendors

The market has the presence of many global and local providers who are implementing various strategies to gain a competitive edge over their peers. The established vendors have greater brand recognition, financial and technical resource, and product development and marketing capabilities, which has intensified the competition in the market. Several vendors are shifting their operations to APAC owing to the huge growth opportunities in the region. Also, vendors are developing their relationship with transplant centers and hospitals to gain maximum market reach.

Key vendors in the market are 

• Bio-Rad Laboratories
• CareDx
• Illumina
• Immucor
• Linkage Biosciences
• ThermoFisher

Other prominent vendors in the transplant diagnostics market are Abbott Laboratories, Becton, Dickinson, Danaher, F. Hoffmann-La Roche, HistoGenetics, Ortho Clinical Diagnostics, Oxford Immunotec, Qiagen, Siemens, Sigma-Aldrich, and Tosoh Bioscience.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global transplant diagnostics market?
• What are the key market trends impacting the growth of the global transplant diagnostics market?
• What are the challenges to market growth?
• Who are the key vendors in the global transplant diagnostics market?
• What are the market opportunities and threats faced by the vendors in the global transplant diagnostics market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global transplant diagnostics market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Transplantation Market 2015-2019
• Global Ventricular Assist Devices (VAD) Market 2015-2019