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HLA Typing for Transplant Market to Exhibit A Lucrative Growth Of 11%

Author : Rahul Sankrityayan | Published Date : 2019-04-09 

The HLA Typing for Transplant Market is set to exceed USD 0.8 billion by 2025; according to a new research study published by Global Market Insights, Inc. HLA typing for transplant market will witness lucrative growth over the forecast timeframe. Growing demand for solid organ transplants will drive HLA typing for transplant industry growth over the forecast years. These lifesaving transplants are indispensable for treating patients suffering from heart, liver, lung, kidney disorders as they help to increase patient survival.
 
Growing geriatric population will further augment industry expansion as individuals from this stratum are frequently referred for organ transplant procedures due to age or chronic ailment related organ failure. Furthermore, an increasing number of older adults are becoming organ donors. Technological advancements, particularly in molecular assays will further propel growth in HLA Typing for Transplant Market.  For instance, in February 2017, Immucor launched its MIA FORA NGS FLEX HLA typing assay which provides a comprehensive coverage of up to 11 genes.

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Molecular assays business segment will grow at a robust rate during the forecast years owing to increasing use of sequence based methods such as sanger sequencing and next generation sequencing for typing procedures. Reagents and consumables industry segment held significant industry share in 2018 and is poised to grow at a rapid pace during the forecast timeframe as they are required in large quantities for HLA typing.  
 
Application of HLA typing in research is slated to increase at a lucrative pace owing to the spur in research and development activities being carried out to develop methods which are more advanced and accurate as compared to existing ones. Hospital end user segment will grow at a rapid pace owing to the increasing number of organ transplant procedures being performed in these settings. Growing number of hospitals in several countries because of the healthcare infrastructure expansion plans will further augment segment growth.

HLA typing is essentially the study of genes which are present in the genome sequence of humans and is considered of immense significance for research in drug hypersensitivity research, tissue transplantation matching, and autoimmune disease research. These genes are deemed as highly polymorphic and consist a large number of alleles which are helpful in finding foreign antigens. As a result of this complexity, analyzing these genes with other sequencing technologies has become both challenging and highly expensive for the leading players of HLA typing for transplant industry. However, considering the advantages of leukocyte antigen typing in transplants, a number of diagnostics centers, research institutions, and private players have been employing this technology on a wider scale, consequentially providing favorable impetus to the worldwide HLA typing for transplant market.
 
Meanwhile, it has been observed that in order to boost the revenue growth of the overall HLA typing for transplant market, renowned participants of this business space have been consistently making efforts to enhance and refine the existing technology and the prevailing standard practices. Consequentially, a host of HLA-based typing services providing firms are increasingly adopting advanced software-reliant technologies to ensure extensive commercialization of diagnostic procedures for organ transplantation. Regarded as the global leader and one of the pioneers in providing high-resolution HLA sequence-based typing services, HistoGenetics for instance has recently declared that the firm has seized a multi-year deal to perform HLA typing by utilizing PacBio® sequencing that would drive demand for several thousand samples each week over the forthcoming years. 

As per reliable sources, the latest contract would assist the US based firm in analyzing genetically complex samples accurately and to offer cost-effective genotyping of the HLA region, which would, in turn, propel the US HLA typing for transplant market expansion. For the record, PacBio® sequencing is based on Single Molecule, Real-Time (SMRT) technology developed by one of the foremost HLA typing for transplant industry giants of Unites States, Pacific Biosciences, Inc.

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Prominent industry players in HLA Typing for Transplant Market are include CareDx, Pacific Biosciences of California, Illumina, Thermo Fischer Scientific, GenDx and Immucor. The industry players employ various strategies such as distributor agreements, product portfolio expansion, acquisitions, collaborations and partnerships for increasing their industry shareholding. For instance, in July 2017, Thermo Fischer Scientific acquired Linkage Biosciences. Linkage Biosciences is now a part of Thermo Fischer’s transplant diagnostics business along with One Lambda. The acquisition has broadened the company’s product portfolio in turn strengthening its presence in the HLA typing for transplant industry.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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