Global Transplant Diagnostics Market Briefing by Major Applications, Technology, Market Value and Growth Trends by Becton Dickinson and Company, F. Hoffmann La Roche Ltd., Bio-Rad Laboratories Inc., QIAGEN N.V., Illumina, Inc., bioMérieux S.A., and Therm

Global Transplant Diagnostics Market is set to surpass the value of USD 2,074.65 million by 2023. The global market is anticipated to grow at CAGR of 7.80% during the forecast period (2018–2023). The global transplant diagnostics market is anticipated to flourish in the coming years with the growing prevalence of chronic diseases that can lead to organ failure

Major key players in the global transplant diagnostic market are Becton Dickinson and Company, F. Hoffmann La Roche Ltd., Bio-Rad Laboratories Inc., QIAGEN N.V., Illumina, Inc., bioMérieux S.A., and Thermo Fisher Scientific Inc. and others.

The market has triggered the curiosity of healthcare providers on account of various benefits offered by these tests to assess the feasibility of the organ transplant procedure. Also, there has been a barrage of research and development activities that lead to technological advancements in the transplant diagnostics field. MRFR notes that the market is in a mature phase in developed economies such as North America while developing countries hold immense potential and show promise in the coming years. Another factor proving to be beneficial for the market is increasing geriatric population who are in constant need of organ transplant.

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MRFR’s report states that the global market is segmented based on product and service, screening type, organ type, application, and end-users.

By product and service, the market has been segmented on the basis of instruments, reagents & consumables, and software and services. The reagents & consumables segment presently holds the largest market share and is estimated to dominate the market throughout the assessment period.

By screening type, the market has been segmented on the basis of pre-transplant screening and post-transplant screening. The pre-transplant screening segment valued more than USD 819.04 million in 2017.

By organ type, the market has been segmented on the basis of kidney, liver, heart, lung, pancreas, and others. The kidney segment valued more than USD 896.02 million in 2017. Factors attributing to the growth of this segment include increasing cases of organ rejection combined with the side effects of medication.

By application type, the market has been segmented based on research applications, diagnostic applications, and others. Research Applications accounted for the largest share in the transplant diagnostics market in 2017 and is exhibited to retain its position in the market. The diagnostics procedure before and after transplant for research application is rising gradually. Moreover, the cost of diagnostic testing and procedure are known for their affordable prices.

By end-user, the market has been segmented on the basis of commercial service providers, hospitals and transplant centers, research laboratories & academic institutes and others. The hospitals and transplant centers was valued more than USD 544.77 million in 2017 and will retain its top position even till the end of 2023. The hospitals are credited as prominent diagnostic and treatment centers for transplant diagnostics, along with a variety of surgical procedures as well as diagnosis of these conditions are carried out in these facilities.

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By region, the global market is segmented on the basis of Americas, Europe, Asia-Pacific (APAC), and the Middle East & Africa (MEA).

About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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