Fact.MR – A Market Research and Competitive Intelligence Provider: The global demand for the Americas transplant pathogen monitoring market is anticipated to grow at 6.7% CAGR between 2020 and 2021, finds Fact MR in a new study.
Revenue from CMV PCR kits, EBV PCR kits, BKV PCR kits in Americas Transplant Pathogen Market will Hit US$ 300 Mn
The Americas transplant pathogen monitoring market survey offers insights into chief growth drivers and restraints impacting the overall expansion of the market. The report also divulges nsights into transplant pathogen monitoring demand outlook in terms of application and material. It studies key strategies adopted by vendors to increase sales.
Fact.MR – A Market Research and Competitive Intelligence Provider: The global demand for the Americas transplant pathogen monitoring market is anticipated to grow at 6.7% CAGR between 2020 and 2021, finds Fact MR in a new study.
According to the report, revenue generates from sales of CMV PCR kits, EBV PCR kits, BKV PCR kits, aspergillus test kits, and multiplex PCR kits is expected to total US$ 298.8 Mn. Historically, sales of transplant pathogen monitoring kits increased at of 6% between 2016 and 2020. Market growth can be attributed to rising geriatric population and increasing cases of chronic diseases.
Blood sample crossmatch is widely adopted as transplant pathogen monitoring test, however, the report has projected the demand for swab sample testing to rise at a higher pace. Fact MR has projected the demand in the swab sampling test to rise at 8.9% CAGR. Growth of transplant pathogen monitoring is augmented to increase by rising adoption of cross matching and chimerism testing throughout post transplantation process.
According to the National Transplant Center database, over 34,931 transplants were performed in Mexico between 2007 and 2019. As per the study, the number of transplant procedures increased from 18.9 per million population to 23.3 per million population each year. Increasing number of transplant procedures conducted in Americas is driving sales of transplant pathogen monitoring systems.
Besides the U.S. and Canada, the Americas market will register increasing demand from Brazil. According to the report, Brazil currently accounts for 34.5% of the overall market share. Favorable policies implemented to facilitate organ procurement through donors will create a conducive environment for growth in Brazil.
The demand in Argentina is expected to rise at a CAGR of 8.6%. The American Association of Eye and Ear (A.A.E.E.H.) has developed clinical practice guideline for surveillance, diagnosis, staging, and treatment of hepatocellular carcinoma. In Argentina, such procedures are increasing demand for transplant pathogen monitoring system processes.
“Rising awareness among about complications in transplant processes and demand for technological advancements to ensure better accuracy in transplant procedures will fuel the demand for transplant pathogen monitoring systems,” said a Fact.MR analyst.
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Key Takeaways:
- The U.S will account for over 67% of the Americas market share in 2021 owing to presence of an advanced healthcare system and major players.
- Canada transplant pathogen monitoring test kits market is expected to grow at 7.2% CAGR in the coming years.
- Demand in Brazil transplant pathogen monitoring market is estimated to grow at 5.8% CAGR by 2031.
- The Argentina transplant pathogen monitoring market is expected to expand at a CAGR of 8.6%.
- By product, BKV PCR kits is estimated to hold 32.2% of the market in 2021.
- By segment, blood serum is projected to expand at a CAGR of 5.5% to reach valuation of US$ 290 Mn over the forecast period.
Growth Drivers:
- Ongoing technological advancements, such as the use of STR-PCR and human leukocyte antigen (HLA) typing in transplant pathogen monitoring, are propelling market growth.
- Rising use of soft tissue transplants are fueling market growth.
- The increasing availability of transplant pathogen monitoring products and services, backed by various government initiatives, is expected to drive market growth.
Key Restraint:
- Lack of awareness in some regions about occurrence of infections during process of transplantation which increases the risk of complications is restraining market growth.
- High cost of the U.S. transplant pathogen monitoring systems is impeding market growth.
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Competitive Landscape
Key players are focusing to offer innovative solutions to increase market revenue. For instance,
- In 2020, Bio Rad Laboratories, Inc., launched diagnostic transplant systems in the Europe for quality control of transplant procedures. The systems are same as that of U.S. transplant pathogen monitoring.
Key players profiled in the U.S transplant pathogen monitoring systems are
- Trinity Biotech Plc.
- Bio Rad Laboratories, Inc.
- Qiagen NV
- Biomerieux SA
- Abbott Laboratories
- F. Hoffmann-La Roche Ltd.
- ELITechGroup
More Insights on Transplant Pathogen Monitoring Systems Market:
Fact MR provides an unbiased analysis of Americas transplant pathogen monitoring systems market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Americas transplant pathogen monitoring systems with a detailed segmentation on the basis of:
Transplant Pathogen Monitoring Test Kits
- CMV PCR Kits
- EBV PCR Kits
- BKV PCR Kits
- Aspergillus Test Kits
- Multiplex PCR Kits
Transplant Pathogen Monitoring by Sample
- Blood Serum Sample Transplant Pathogen Monitoring
- Plasma Sample Transplant Pathogen Monitoring
- Swabs Sample Transplant Pathogen Monitoring
- Urine Sample Transplant Pathogen Monitoring
Distribution Channel
- Hospitals
- Diagnostic Laboratories
- Cancer Research Institutes
- Specialty Centers
Key Questions Covered in the U.S. Transplant Pathogen Monitoring Market Report
- The report offers insight into the Americas transplant pathogen monitoring demand outlook for 2021-2031
- The market study also highlights projected sales growth for Americas transplant pathogen monitoring market between 2021 and 2031
- The Americas transplant pathogen monitoring sales survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- The Americas transplant pathogen monitoring market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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