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

Author : Rahul Sankrityayan | Published Date : 2019-03-19 

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. Increasing number of individuals afflicted with terminal and irreversible organ failure is resulting in an increasing demand for organ transplant procedures which will drive industry growth during the forecast years. Elderly population has a higher vulnerability towards various chronic ailments leading to organ failures. The increasing elderly population pool will propel industry growth. Introduction of advanced technologies which provide enhanced allele resolution will further propel demand.

Technological advancements, particularly in molecular assays will further propel growth.  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. High costs associated with molecular HLA typing for transplant tests limits their adoption. However, several firms and research institutes are engaged in R&D activities for developing solutions with lower cost per sample. For instance, in May 2015, researchers at the University of Kiel in Germany developed an NGS HLA typing test which costs considerably lesser as compared to the existing commercial tests. Introduction and commercialization of such low-cost tests will boost adoption during the forecast years.

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Instruments segment held significant industry share in 2016. The large share is attributable to the high cost of the instruments such as sequencing systems which form an essential component of the procedure. Advent of modern technologies have enabled development of instruments that provides better and accurate results in less time. Funding from private players for establishing new diagnostic and research centers will spur instrument demand. Services segment is slated to witness lucrative growth during the forecast period. Growing trend of outsourcing HLA typing to third party firms will boost segment growth. Several laboratories outsource their HLA typing work owing to resource scarcity and inability to afford the high-priced instruments.

At present, HLA typing for transplant industry is characterized by many research organizations and technology companies developing countable numbers of transplantation techniques and medicinal kits. In 2017 for instance, the Australian molecular diagnostic company, TBG Biotechnology, received the approval for its HLA genotyping kits for HCT (hematopoietic cell transplantation) from the China Food and Drug Administration (CFDA). After the approval, TBG apparently even collaborated with hematopoietic cell transplantation service providers and laboratory distributors, expanding the scope of HLA typing for transplant market. As per estimates, China is one of the largest consumers of allogeneic HCT market, therefore, increasing the rate of approval for HLA typing laboratories from CFDA is undeniably bound to stimulate China HLA typing transplant industry outlook.

In order to augment the revenue graph of HLA typing in transplant industry, renowned players have been focusing on technology development, discovery, and commercialization of high-value diagnostic methodologies for organ transplantation, on the grounds of which, companies are adopting advanced software-based technologies. For instance, last year, CareDx, Inc. acquired Assign™ SBT analysis software and Conexio SBT Resolver™ from Illumina, Inc. for improving high-resolution HLA typing. This technology apparently, has set a new benchmark ahead of several other biggies in HLA typing for transplant market with product innovation and high-quality HLA (Human Leukocyte Antigens) typing. This acquisition also helped CareDx to build its transplant business through the launch of new products and the commercialization of its existing portfolio. 

With firms such as CareDx and Illumina signing deals related to transplantation technology, next-generation sequencing system based HLA typing has gained remarkable momentum in recent years. In fact, after evaluating HLA typing results associated with next-generation sequencing based, one of the leading giants in NGS HLA typing transplantation and sequencing-based typing, based in Netherlands, GenDx signed an agreement with one of the well-known behemoths in HLA typing for transplant market, Thermo Fisher Scientific, to provide Ion PGM and NGSengine software to customers. The aforementioned detail validates that heavy investments in R&D activities to enhance existing technology will indeed fuel HLA typing for transplant industry share.

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U.S. market held significant industry share in 2016. The large share is attributable to the growing number of organ transplant procedures. Increasing life expectancy and the consequential spur in geriatric population base will further boost industry growth. Increasing HLA typing product approvals from regulatory bodies is leading to availability of advanced products in the region, in turn fostering growth.
 
Italy HLA typing for transplant market will witness lucrative growth over the forecast years owing to increasing number of organ donations. Increasing adoption of advanced techniques, such as implanting of single liver into two patients will further escalate demand.

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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