Transplant Monitoring Kits Market size is expected to reach USD 8 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of transplant monitoring kits was USD 5 Billion. The rising number of organ failures across the world will primarily drive the market growth of transplant monitoring kits. 16, 335 people, in total, gave one or more organs to the deceased. This is an increase of 9.6% over 2022 and the first year for donors who have had more than 15,000 passed away. The total of 6 953 people who became living organ donors is the third-highest and highest level since the record-breaking year of 2019. Although the number of living donors fluctuates annually, 2023 marks the thirteenth year in a row that there have been more organ donors than deceased.
Another reason that will propel the transplant monitoring kits market by the end of 2036 is the rising number of organ transplant surgeries executed internationally. The World Health Organization (WHO) estimates that annually, approximately 100 to 800 solid organ transplants are performed, the majority of which are liver and kidney transplants. The United States is a major destination for helping people who need organ donation because about 30% of these transplant procedures are performed there.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
∼5% |
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Base Year Market Size (2023) |
~USD 5 Billion |
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Forecast Year Market Size (2036) |
~USD 8 Billion |
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Regional Scope |
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Product (Reagents & Consumables, Instruments, Software & Services)
The reagents & consumables segment is expected to hold around 43% share of the global transplant monitoring kits market by 2036.because of its necessary importance in organ transplantation. For instance, laboratories 'daily operations heavily rely on single-use plastics and laboratory testing consumables are typically not susceptible to substitution. To ensure the safety and efficacy of testing protocols as well as the accuracy and reliability of data, laboratories are subject to stringent scientific and regulatory regulations. Life sciences research requires high-quality laboratory consumables, reagents, and validated standard processes. The life science sector has seen an unprecedented need for laboratory supplies related to COVID-19 laboratory work since the pandemic. With suppliers unable to keep up with demand, lab plastic consumables were being used at a faster rate than they were to run RT-PCR tests (consumables like plates and pipette tips). Therefore, this segment will hold immense importance in the market.
Transplant Type (Solid Organ, Stem Cell, Soft Tissue)
The soft tissue is expected to hold around 50% share of the global transplant monitoring kits market by 2036 owing to the increasing utilization of soft tissues in organ transplantation techniques globally. One of the most frequently transplanted solid organs is the kidney, which is the result of a steady increase in demand for organ transplants. The kidney, liver, heart, lung, pancreas, small bowel, and heart were the most frequently transplanted solid organs in 2021, making up 153, 863 of the entire. Organ and tissue transplantation continues to be effective in ensuring the survival of some seriously ill patients. The current limited capacity of organ preservation techniques that are used in clinical settings is insufficient to meet the demand for organ transplantation. Ultra-low-temperature storage techniques have attracted a lot of attention because they enable long-term, high-quality tissue and organ preservation. Thus, this segment will have the highest revenue in the market.
Our in-depth analysis of the global transplant monitoring kits market includes the following segments:
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Technology Type |
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Product |
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Application |
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Transplant Type |
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End-Use Industry |
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North American Market Analysis
The transplant monitoring kits market in the North America region will have the biggest growth during the forecast period with a revenue share of around 41%. This growth will be noticed owing to the increase in innovation on transplant monitoring kits in this region recently. In the US, there are roughly 100,000 people on the waiting list for kidney transplants. It is a race against the clock to deliver the donor organ as quickly as possible the moment an organ becomes available. The donor organ can begin to disintegrate once it has been outside of the body. More people are receiving the lifesaving organs they need thanks to innovations that are changing the way organ transplants are carried out. This will help this region to have the highest revenue share in the market.
European Market Statistics
The transplant monitoring kits market in the Europe region will also encounter huge growth during the forecast period and will hold the second position owing to increasing demand for better healthcare scopes in this region. In 2024, European hospitals will garner a projected revenue share of USD 0.92tn. While the quantity and quality of providing attention have modified, the scale and intricacy of healthcare requirements have increased, with public expectations of more customized and handy services. Therefore, Europe will acquire a significant position in the transplant monitoring kits market.
Author Credits: Radhika Gupta, Shivam Bhutani
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