Transplant Monitoring Kits Market Size

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.