HLA Typing for Transplant Market share to see growth of 10% from 2017 to 2024: Global Market Insights Inc. The research report “HLA Typing for Transplant Market Size By Technology (NonMolecular Assays [Serological Assays, Mixed Lymphocyte Culture Assay], Molecular Assays [PCR based molecular assays, Sequencing based molecular assays {Sanger Sequencing, Next Generation Sequencing}]), By Product and Services (Instruments, Reagents and Consumables, Software, Services), By Application (Diagnostics, Research), By End-Use (Hospitals, Academic and Research Institutes), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says, HLA Typing for Transplant Market size is set to exceed USD 720 million by 2024. 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.
However, higher costs of molecular tests used for HLA typing procedures impedes adoption. The presence of considerable gap between number of organs being donated and those required for transplant procedures limits industry growth. 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 2016 and is poised to grow at a rapid pace during the forecast timeframe as they are required in large quantities for HLA typing.
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