What are Major Factors Responsible for Growth of Global Transplant Diagnostics Market?

The increasing prevalence of liver and kidney failure cases is one of the most important factors driving the surge in the demand for transplant diagnostics solutions across the world. In addition to this, the soaring initiatives being taken by the private and public companies throughout the world are tremendously boosting the adoption of transplant diagnostics technologies in healthcare settings across the globe. Furthermore, the increasing healthcare expenditure in several countries around the world is another important factor contributing toward the growing adoption of transplant diagnostics solutions.

Due to the above-mentioned factors, the global transplant diagnostics market size is expected to exhibit rapid progress in the forthcoming years. There has been a huge rise in the popularity of transplant diagnostics solutions amongst the medical practitioners and patients all over the world over the last few years, mainly because of the fact that proper diagnosis before transplantation procedures is extremely necessary for prescribing accurate medicine to the patients and for preventing graft rejection such as antibody-mediated rejection (ABMR) and T cell-mediated rejection (TCMR).

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The biggest application areas of the transplant diagnostics procedures are— heart transplantation, kidney transplantation, and liver transplantation processes. Out of these, the kidney and liver transplantation procedures are predicted to register higher adoption of transplant diagnostics solutions over the next few years. This is mainly attributed to the rising number of kidney and liver failure cases across the world. As per the Centers for Disease Control and Prevention (CDC), the share of the people who have received kidney transplants in the U.S. was almost 50% of the population of the country in 2017.

Across the globe, North America registered the highest demand for transplant diagnostics procedures in the last few years. The major factors responsible for the rapid expansion of the transplant diagnostics market in North America in the past are the presence of leading transplant diagnostics solutions providing companies, huge healthcare expenditure, and wide-scale incorporation of technologically innovative devices and instruments in healthcare settings for performing renal and liver transplant operations. As per the CDC, 19,355 people had kidney transplant operations in the U.S. in 2016.

Thus, it can be said with certainty that the demand for transplant diagnostics solutions will escalate all over the world in the years ahead, on account of the rising incidence of liver and kidney failure cases, mushrooming utilization of technological advanced instruments in healthcare settings, and improving healthcare infrastructure in many countries around the world.

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