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HLA Typing Transplant Diagnostics Services Market with Top Players Like Creative Biolabs, Histogenetics LLC, the UCLA Immunogenetics Center and Global Forecast to 2025

Human Leukocyte Antigen (HLA) compound comprises of the polymorphic genes in the human genome. The latest and advanced techniques such as next generation sequencing (NGS) technology have been evolved as an alternative method for sequence based typing (SBT). The advantage of NGS comprises of single strand sequencing nature, which combines the increased amount of sequencing reads in each sample and locus. The most significant property of NGS technologies includes a large amount of clonal sequences generation in a single sequencing run. The significant advancement in NGS makes it a great potential to overcome traditional sequencing based HLA typing, and ultimately resulted in ground-breaking changes in HLA typing transplant diagnostics services.

 

Pune, India -- (SBWIRE) -- 05/31/2018 -- Global HLA Typing Transplant Diagnostics Services Market is expected to reach USD 1,053.20 million by 2025 from USD 532.50 million in 2017, at a CAGR of 9.0% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025

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INCREASING NUMBER OF SOLID ORGAN AND STEM CELL TRANSPLANTATION PROCEDURES

Organ transplantation is a surgical procedure in which a damaged or missing organ is removed and replaced with a functioning organ from other body (Donor).The location of the donor and recipient may vary. The organs can also be transported from a donor site to another location. Some of the statistics for solid organ and stem transplantation are mentioned below:

According to Organ Procurement and Transplantation Network, 92 transplants are taking place per year in the U.S.

According to a study published in American Journal of Managed Care (AJMC), there were 18,048 kidney transplants performed in the United States in the year 2012.

According to a data published in Statista, 126,670 organ transplantations occurred in 2015 across the globe.

As per news published in Time Inc., approximately 34,768 organ transplantations were performed in 2017 including organs from deceased as well as living donors.

Rising number of solid organ and stem cell transplantation procedures leads to higher number of transplant organs by HLA typing treatment leading to growth of the market.

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INCREASED RESEARCH GRANTS, FUNDS, AND PUBLIC-PRIVATE INVESTMENTS

The human leukocyte antigen (HLA) molecules, by the genes are present at the 3.6 Mb region on the chromosome. Genotyping of the human leucocyte antigen (HLA) is performed for the transplantation of hematopoietic stem cells or organs.

For instance, the U.S. government has planned to invest USD 200.0 million for shortening the list of patients waiting for the organ transplants.

According to a publication in Department of Health and Human Services, the Funding Opportunity Announcement (FOA), issued by the National Institute on Aging (NIA), National Institutes of Health has invited the applications for suggesting basic, translational, clinical, and epidemiological. And the research results on the solid organ transplant (SOT) in older persons have been raised.

The increasing government funding and initiatives have helped many patients to receive better treatments, with increase in the HLA typing transplantations in the market for the forecast period.

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