DUBLIN–(BUSINESS WIRE)–The “Global Transplant Diagnostics Market by Technology (PCR, NGS, Sanger Sequencing), Product (Instrument, Reagent, Software), Application (HLA, Blood Profile, Pathogen Detection), Type (Heart, Kidney, Liver, Bone Marrow), End User & Region – Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering.
The transplant diagnostic market is projected to reach USD 6.8 billion by 2028 from USD 4.4 billion in 2022, at a CAGR of 7.4%.
This report studies the transplant diagnostic market based on product & service, technology, application, end user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders.
Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).
For many patients with chronic dialysis-dependent end-stage renal disease, transplantation is one of their top treatment choices. Additionally, cases involving the heart, liver, and bone marrow can be treated with transplantation.
Additionally, over the past ten years, companies have made significant strides in developing better HLA typing technologies, antibody monitoring, tools, and software. This is gradually being used for diagnostic purposes when transplanting various body organs. These are the factors contributing to increasing transplant diagnostic market.
The prominent player in transplant diagnostic market are bioMerieux SA (France), Becton, Dickinson and Company (US), Thermo Fisher Scientific (US), Bio-Rad Laboratories, Inc. (US).
The Kidney transplants to hold the largest share of the market in 2022
According to transplant type, the kidney transplant holds the largest market share in 2022. Due to longer lifespans and rising rates of obesity, diabetes, and hypertension, chronic kidney disease is becoming more prevalent and there are more patients needing hemodialysis. These factors are causing an increase in the market share for kidney transplants.
The Molecular based assay technology is holding the largest share of the market in 2022
Based on technology, the molecular-based assay technology market is classified into PCR-based Molecular assays and Sequencing based molecular assays. The PCR-based molecular assays hold a larger share than sequencing-based assays like sanger sequencing and NGS sequencing.
The market in North America region is expected to witness the highest growth during the forecast period
North America accounted for the largest market share – 45.5% – in 2022. The increasing private-public funding and increasing public awareness for organ donation is contributing to the high number of the share of North America. While APAC is expected to witness significant growth in the coming years. The transplant diagnostic market in the APAC region is expected to register a CAGR of 8.3% during the forecast period, primarily due to the growing number of hospitals in Asian countries and favorable government initiatives.
Key Attributes:
Report Attribute
Details
No. of Pages
254
Forecast Period
2022 – 2028
Estimated Market Value (USD) in 2022
$4.4 Billion
Forecasted Market Value (USD) by 2028
$6.8 Billion
Compound Annual Growth Rate
7.4%
Regions Covered
Global
Premium Insights
Rising Number of Transplantation Procedures to Drive Market
Pcr-based Molecular Assays to Register Highest Growth During Forecast Period
Independent Reference Laboratories Accounted for Largest Market Share in 2022
Heart Transplantation Segment to Register Highest Growth During Forecast Period
China to Witness Highest Growth Rate in Market During Forecast Period
Market Dynamics
Drivers
Increasing Number of Transplant Procedures
Technological Advancements in Transplant Diagnostic Procedures
Increasing Public-Private Funding for Target Research Activities
Rising Prevalence of Infectious Diseases
Restraints
High Procedural Cost of Ngs- and Pcr-based Diagnostic Assays
Limited Reimbursement for Target Procedures
Opportunities
Rising Adoption of Cross-Matching and Chimerism Testing During Pre- & Post-Transplantation
Growing Public Awareness About Organ Donation and Transplantation
Challenges
Significant Gap Between Number of Organ Donors and Organs Required Annually
Procedural and Technical Limitations Associated with Donor-Recipient Screening
Company Profiles
Key Players
Bio-Rad Laboratories
F. Hoffmann-La Roche Ltd.
Qiagen Nv
Becton, Dickinson and Company
Biofortuna
Biomerieux SA
Caredx
Gendx
Hologic, Inc.
Illumina, Inc.
Immucor, Inc.
Luminex Corporation
Merck KGaA
Omixon
Thermo Fisher Scientific
Other Players
Alphabiotech Limited
Bag Diagnostics GmbH
Hansa Biopharma Ab
Histogenetics LLC
Pacific Biosciences of California, Inc.
Tbg Diagnostics Limited
Takara Bio Inc.
Inno-Train Diagnostik GmbH
For more information about this report visit https://www.researchandmarkets.com/r/5y8m55
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