The global Transplant Diagnostics Market size is expected to
reach USD 895.2 million by 2024, according to a new report by Grand View
Research, Inc. It is projected to expand at a CAGR of 7.6% over the forecast
period. Increasing number of patients suffering from chronic diseases
frequently leading to organ failure is creating an upsurge in demand for
transplant procedures. In addition, adoption of stem cell therapy and
personalized medicine is escalating, thereby influencing demand for transplant
diagnostics.
Risks and complexities associated with organ
transplants necessitate the need for improved and sophisticated diagnostic
tools. Next-Generation Sequencing (NGS) technology is rapidly replacing
traditional diagnostic methods, such as serological techniques employed in
Human Leukocyte Antigen (HLA) typing, owing to growing demand for
high-throughput diagnostic tools with enhanced accuracy.
Market growth is expected to be restrained by
factors such as reimbursement controversies and ethical issues in some parts of
the world. In addition, high cost of performing HLA matching using Polymerase
Chain Reaction (PCR) and NGS devices is challenging the growth of the
transplant diagnostics market in developing countries.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/transplant-diagnostic-market
https://www.grandviewresearch.com/industry-analysis/transplant-diagnostic-market
Further key findings from the study suggest:
- PCR-based molecular assay captured the largest share in the overall
market in 2016 due to extensive adoption in HLA typing
- The sequencing-based typing segment is anticipated to witness
significant growth from 2016 to 2024. High adoption of NGS is a major
factor driving segment growth
- In 2016, the reagents and consumables segment accounted for the
largest market share attributed to repeat purchase
- North America captured the largest revenue share in 2016 and is
expected to maintain its dominance throughout the forecast period due to
well-established research infrastructure, increasing healthcare
expenditure, high adoption of advanced diagnostic techniques, and growing
R&D activities
- Asia Pacific is expected to witness significant growth during the
forecast period owing to expanding research opportunities, healthcare
expenditure, medical tourism industry, and awareness regarding organ
donation
- Some major players in this market are Thermo Fisher Scientific,
Inc.; Illumina, Inc.; F.Hoffmann La-Roche AG.; Abbott Laboratories, Inc.;
Qiagen N.V.; Immucor Transplant Diagnostics, Inc.; Bio-Rad Laboratories,
Inc.; Affymetrix, Inc.; and Omixon Ltd.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
No comments:
Post a Comment