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Transplant Diagnostics Market at a CAGR of +7.9% Up To 2027 With Industry Development By: Abbott, Roche, Bio-Rad Laboratories, Hologic, Illumina, Thermo Fisher Scientific,

05-20-2019 01:36 PM CET | Health & Medicine

Press release from: The Insight Partners

Transplant Diagnostics

Transplant Diagnostics

Global transplant diagnostics market accounted to US$ 789.88 Mn in 2018 and is expected to grow at a CAGR of 7.9% during the forecast period 2019 – 2027, to account to US$ 1,542.89 Mn by 2027.

Europe is the second largest growing geographic market and it is expected to be the second largest revenue contributor throughout the forecast period. Europe is recognized as a developed market for the medical devices. The growth is driven by the factors such as, availability of large donor pool, increasing number of transplant procedures as well as government laws leading to a rise in the number of organ donations in the region.

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Partnerships were observed as the most adopted strategy in global transplant diagnostics industry by the market players. For instance, during October, 2017, Omixon entered into an exclusive distribution and support partnership with Promovendo. This has helped Omixon hold a strong position in the Brazilian market. such initiatives not only help the companies to strengthen their revenue, but also improve its position in the market as compared to the other players operating in the transplant diagnostics market.

Some Of Major Key Players Operating In Market:-

• Thermo Fisher Scientific Inc.
• Abbott
• Illumina, Inc.
• F. Hoffmann-La Roche Ltd
• Bio-Rad Laboratories, Inc.
• bioMérieux SA
• QIAGEN
• Hologic Inc.
• Luminex Corporation
• Omixon Inc.
• And other

Market Insights:-

Rising Need for The Organ Transplantation;

The rise in the chronic diseases that causes damages the functions heart, lung, liver, kidney and other organs are leading to the increasing number of the organ transplantation. The organ transplantation surgeries are rising across the world. For instance, in Spain, approximately 5,260 transplant surgeries were performed, among which nearly 3,200 were kidney transplant and around 1,200 were liver transplant surgeries. The number of heart transplant surgeries were approximately 300 and lung were nearly 360.

The public-private partnership in assistance with the transplant coordinators has enormously contributed to the improvement of the organ transplantation. The developing and developed countries have shown good numbers of the organ transplantation surgeries. For instance, developing countries like India and Singapore are emerging as medical tourism destination in the Asia Pacific region. The countries are growing in terms of offering better and advanced medical treatments.

Healthcare Market Across the Globes Owes Growth Opportunities:

The emerging regions such as Asia Pacific and Middle East, Africa and Latin America are growing significantly in the biotechnology sectors. These regions are witnessing the growth of the start-up companies that helps in the production of the medical devices, diagnostic kits and others. The growing research and development activities in the biotechnology sectors are growing aggressively. The emerging nations currently seek assistance from the developed nations for the technologies and some procedures. However, the well established players are turning to the emerging nations for their expansions as these nations have enormous potentials to offers.

The countries such as Australia, Canada, China, France, Germany, India, Japan, South Korea, UK and Spain have the bigger biotech hub. The countries are engaged into the aggressive research and developments for the application of the biotechnology and its sub sectors. Thus, owing to the above mentioned factors the emerging regions are likely to create growth opportunities for the transplant diagnostics market in the coming near future.

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Transplant Diagnostics Market Segments:

By Product & Services:

• Instruments
• Reagents & Consumables
• Software & Services

By Type:

• Solid Organ Transplantation
• Lung Transplantation
• Liver Transplantation
• Kidney Transplantation
• Heart Transplantation
• Other Solid Organ Transplantations
• Soft Tissue Transplantation
• Stem Cell Transplantation

By Technology:

• Molecular Assays
• Sequencing-Based Molecular Assays
• Next-Generation Sequencing
• Sanger Sequencing
• Other Sequencing-Based Molecular Assays
• PCR-Based Molecular Assays
• Real-Time PCR
• Sequence-Specific Primer-PCR
• Other PCR-Based Molecular Assays
• Non-Molecular Assays

By Application:

• Diagnostic Applications
• Pre-Transplantation Diagnostics
• Post-Transplantation Diagnostics
• Research Applications

By End User:

• Hospitals & Transplant Centers
• Research Laboratories & Academic Institutes
• Independent Reference Laboratories
• Diagnostic Applications

By Geography:

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)

Product & Services Insights

The Middle East & Africa transplant diagnostics market by product & services was led by reagent & consumables segment. In 2018, the fixed transplant diagnostics held a largest market share of 37.0% of the transplant diagnostics market, by product & services. However, the software & services segment is expected to be the fastest growing segments during the forecast period.

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

Contact us:

The Insight partners,

Phone: +1-646-491-9876

Email: sales@theinsightpartners.com

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