Transplant Diagnostics are the tests that are carried out to check the compatibility between the organ donor and recipient before or after the organ transplant. According to the report that has been recently published by Market Research Future (MRFR), the Global Transplant Diagnostics Market is anticipated to expand at a noteworthy CAGR of 7.8 % during the forecast period of 2018-2023.
There have been notable technological advancements in transplant diagnostics to provide better and advanced options for organ transplant. While the emerging regions such as Asia Pacific and Latin America and Middle East and Africa (LAMEA) holds possible opportunities, the market for transplant diagnostics in the developed countries is in a mature phase.
Global Transplant Diagnostics Market – Key Players
Thermo Fisher Scientific, Inc. (US), Bio-Rad Laboratories, Inc. (US), F. Hoffman-La Roche Ltd. (Switzerland), Becton Dickinson and Company (US), Abbott Laboratories Inc (US), CareDx (US), Qiagen N.V. (Netherlands), Immucor, Inc. (US), GenDx (Netherlands), Omixon Ltd. (UK), bioMérieux S.A. (France), Illumina, Inc. (US), Immucor Transplant Diagnostics, Inc (US), Affymetrix, Inc (US), Linkage Biosciences (US)
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Global Transplant Diagnostics Market – Regional Analysis
Geographically, the Global Transplant Diagnostics Market is segmented into four major regions such as Americas, Europe, Asia Pacific and the Middle East and Africa. Among these regions, the Americas are dominating the global transplant diagnostics market owing to the increasing prevalence of chronic diseases leading to organ failure and rapid technological development aiding in the automation of the diagnostic procedures in the healthcare sector of this region.
The Europe region accounts for the second largest share in the global transplant diagnostics market. The transplant diagnostics market in this region is driven by the easy adoption of advanced healthcare technologies, active involvement of the government for spreading awareness, and availability of donated organs due to the initiatives that were taken by the European Commission for organ harvesting.
The Asia Pacific region is anticipated to project significant growth in the global transplant diagnostics market due to the rapid increase in geriatric population and increasing incidences of organ failure in this region. The high investment in stem cell technology for organ development and in-vitro tissue are some of the crucial factors that are driving the transplant diagnostics market in this region.
The lack of awareness, less technological penetration and poor healthcare infrastructure in the underdeveloped areas of the Middle East and Africa region are hampering the growth of the global transplant diagnostics market.
Global Transplant Diagnostics Market – Segmentation
The Global Transplant Diagnostics Market has been segmented based on product and services, screening type, organ type, application type and end-users. Based on product and services, the transplant diagnostics market is segmented into instruments, reagents and consumables, software and services. Based on screening type, the transplant diagnostics market is segmented into pre-transplant screening and post-transplant screening.
Based on organ type, the Transplant Diagnostics Market is segmented into kidney, pancreas, liver, heart, lungs and others. Based on application type, the transplant diagnostics market is segmented into research applications, diagnostic applications and others. Based on end-users, the transplant diagnostics market is segmented into commercial service providers, hospital and transplant centers, research laboratories and academic institutes, and others.
Industry Updates:
In May 2018, CareDx, a U.S.-based molecular diagnostics company, has announced the signing of licensing and commercialization agreement with Illumina, a provider of next-generation sequencing solutions. CareDx is now the exclusive worldwide distributor of Illumina’s TruSight HLA v1 and v2 product lines which will be used for bone marrow transplantation diagnostic testing and solid organ transplantation diagnostic testing.
TAI Diagnostics which is US based company and develops non-invasive test to monitor patients’ health after they’ve got heart transplants, has scheduled to initiate selling their test early next year. They have generated about $13 million from their investors so far. The company is presently raising more money to supplement its $8.3 million Series A funding round. The extension could bring TAI’s total outside financing to $21 million, the startup’s test measures levels of cell-free DNA, genetic material released by the transplant recipient’s new heart that can enter the bloodstream, to assess whether they are in danger of rejecting the organ.
Thermo Fisher Scientific Acquires Linkage Bio: on July 2017 Thermo Fisher Scientific confirmed the company’s acquisition of Linkage Biosciences for an undisclosed amount, as a result of this acquisition Linkage Biosciences is now a part of Thermo Fisher’s transplant diagnostics business. The company based in South San Francisco, California. Benefits involved from the acquisition include a broader and deeper range of products, a continued commitment to innovation, and expanded support globally.
The business is extremely complementary to the company’s One Lambda tests, which regulate the compatibility of donors and recipients pre- and post-transplant. This acquisition further expands Thermo Fisher’s commitment of improving transplant patients’ quality of life over innovative high-quality products for the clinical and research segments of the transplant community.
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