08-Feb-2019 | Zion Market Research
Zion Market Research has published a new report titled “Transplant Diagnostics Market by Product Type (Instrument, Software, and Reagent), by Technology (NGS, PCR, and Sanger Sequencing), by Application (Blood Profile, HLA, and Pathogen Detection), by End-User (Research Laboratories and Academic Institutes, Hospitals and Transplant Centers, and Commercial Service Providers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global transplant diagnostics market was valued at approximately USD 715 million in 2018 and is expected to generate around USD 1,219 million by 2025, at a CAGR of around 7.9 % between 2019 and 2025.
Transplant diagnostics helps in checking the histocompatibility between patient and donor, which further reduces the chances of organ rejection thereby increasing the reliability of the organ transplantation. The diagnostics devices help to find out the various markers found on the outer surface of cells which regulate the recognition and rejection of foreign body. After analyzing the markers the healthcare professionals are able to find the closest match to the patient. Organ transplantation is done in order to remove the non-functioning organ with functioning one to provide a normal life to the individuals. There are various organs which can be transplanted such as, liver, lung, heart, pancreas, kidney, bone marrow, and others.
Browse the full “Transplant Diagnostics Market by Product Type (Instrument, Software, and Reagent), by Technology (NGS, PCR, and Sanger Sequencing), by Application (Blood Profile, HLA, and Pathogen Detection), by End-User (Research Laboratories and Academic Institutes, Hospitals and Transplant Centers, and Commercial Service Providers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/transplant-diagnostics-market
The primary factor that is likely to contribute toward the growth of the global transplant diagnostics market in the upcoming years is the increasing prevalence of chronic disorders leading to organ failure. This has increased the demand for organ transplantation. As per the Global Observatory on Donation and Transplantation, there has been an increase in organ donation by 7.25% in 2016. Furthermore, various technological advancements in the healthcare industry are expected to provide advanced diagnostics to patients, which are anticipated to further fuel the growth of transplant diagnostics market globally. Moreover, the increase in the use of stem cell therapy and personalized medicine and organ harvesting is expected to gain traction in the future. Government initiatives and programs are expected to create awareness among people about organ transplantation, which is expected to create new growth opportunities in the future. However, the high cost and complication of the organ transplant procedure coupled with the reluctance of organ donation among people may inhibit the growth of transplant diagnostics market over the estimated time period.
The global transplant diagnostics market is classified into product type, technology, application, and end-user. By product type, the global transplant diagnostics market is segmented into the instrument, software, and reagent. The reagent segment is expected to hold the largest share of the global transplant diagnostics market in the future. By technology, the transplant diagnostics market is segmented into NGS, PCR, and Sanger sequencing. NGS is expected to expand rapidly over the forecast time period. By application, this global market includes blood profile, HLA, and pathogen detection. By end-user, the market is segmented into research laboratories and academic institutes, hospitals and transplant centers, and commercial service providers.
North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa are the major regions of the global transplant diagnostics market. North America is expected to dominate the transplant diagnostics market globally in the years ahead. Europe is expected to closely follow North America. The Asia Pacific region is likely to be the third largest and fastest growing region over the forecast time period. Latin America and the Middle East and Africa are expected to grow considerably over the estimated timeframe.
Some key players of the global transplant diagnostics market include Bio-Rad Laboratories, Inc., Siemens Healthineers (Siemens AG), Becton, Dickinson, and Company, Immucor, Inc., Qiagen N.V., Illumina, Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Inc., and Agilent Technologies, among others.
The report segments the global transplant diagnostics market into:
Global Transplant Diagnostics Market: Product Type Analysis
Global Transplant Diagnostics Market: Technology Analysis
Global Transplant Diagnostics Market: Application Analysis
Global Transplant Diagnostics Market: End-User Analysis
Global Transplant Diagnostics Market: Regional Analysis
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