The global Transplant Diagnostics market is estimated to be over US$ 3.40 billion in 2018. It is anticipated to grow at a CAGR of 7.2% from 2019 to 2030.
The continual growth of the transplant diagnostics market can be attributed to several factors such as increase in geriatric population, increasing prevalence and incidence of chronic diseases, growth of soft tissue, solid organ & stem cell transplantation. The initiation of new techniques for transplant diagnostics has improved the quality of the organ transplant results. Owing to the rising awareness of transplant diagnostics in the U.S. and European market, the rate of organ donation has increased. Due to the demand for high throughput tools for transplant diagnostics, traditional diagnostics techniques such as radioimmunoassay (RIA), enzyme linked immunosorbent assay (ELISA), complement fixation test (CFT) are replaced by next generation sequencing (NGS) method. However, the lack of enthusiasm and unwillingness for organ donation can hinder the growth of transplant diagnostics market.
The prominent players in the transplant diagnostics market are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., QIAGEN, F. Hoffmann-La Roche Ltd., Illumina, Inc., Merck KGaA, IVD Holdings, Inc., Gendx, Luminex Corporation and, Omixon Inc. among others.
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Growing advancements in medical devices is majorly impacting transplant diagnostics domain. There have been key research activities, leading to introduction of modernized diagnostics tools. Past years have shown increased number of transplant rejection, owing to which, technological improvements today are reducing the same. Human Leukocyte Antigen (HLA) was the traditional technique for checking the compatibility of the donor and recipient which was also time consuming. Nevertheless, improved molecular assay technologies, PCR-based assays and sequencing techniques have been improved with affordable rates.
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing population, continuously growing economy is expected to aid the growth of the transplant diagnostics market in this region. Owing to the factors such as major pool of patients, investment in stem cells, increasing, government and private support for development of human leukocyte antigen typing procedures, improving healthcare infrastructure, this region is expected to show the fastest growth.
For instance, transplant diagnostics market is dominated by China in Asia Pacific. This region is anticipated to expand at a high growth rate with growth centered in China and India. Thus, this is an opportunity for market leaders to focus on this region as it is likely to be an important revenue generator during forecast period.
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Segmentation Based On:
GLOBAL TRANSPLANT DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY PRODUCT & SERVICES –
Reagents & Consumables
Software & Services
GLOBAL TRANSPLANT DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY TECHNOLOGY –
Molecular Assay Technologies
PCR-Based Molecular Assay Technologies
Sequence-Specific Oligonucleotide-PCR (SSO-PCR)
Sequence-Specific Primer-PCR (SSP-PCR)
Other PCR Technologies
Sequencing-Based Molecular Assay Technologies
Other Sequencing Technologies
Non-Molecular Assay Technologies
GLOBAL TRANSPLANT DIAGNOSTICS MARKET – ANALYSIS & FORECAST, BY APPLICATION –
Table of Contents
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecast Years – 2019 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottom Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecast Model
- Limitations/Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- UNIQUE SELLING PROPOSITIONS (USPs)
- Epidemiological Assessment: Chronic Respiratory Diseases
- Key Product Assessment
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