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Transplant Diagnostics Market 2020 Growth Strategy| Global Industry Share, Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2026

02-10-2020 12:44 PM CET | Health & Medicine

Press release from: ReportsnReports

2020 Research Report on Global Transplant Diagnostics Market is a professional and comprehensive report on the Transplant Diagnostics industry.

#Download Free PDF Sample Brochure of report Global Transplant Diagnostics Market 2020 across with 227 Pages and in-depth TOC Analysis @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=354225

Key Players: Thermo Fisher Scientific Inc. (US), Bio-Rad Laboratories, Inc. (US), F. Hoffman-La Roche Ltd. (Switzerland), QIAGEN N.V. (Netherlands), Immucor, Inc. (US),bioMérieux (France), Becton, Dickinson and Company (US), and Omixon (Hungary).

"The global transplant diagnostics market is projected to grow at a CAGR of 7.2% during the forecast period."

The transplant diagnostics market is expected to reach USD 5.5 billion by 2025 from USD 3.6 billion in 2019, at a CAGR of 7.2%. The demand for transplant diagnostic products is expected to grow due to technological advancements in the field of transplant diagnostics and increasing public-private funding for target research activities. The transplant diagnostics market is segmented on product, technology, application, transplant type, end user, and region.

"The independent reference laboratories segment accounted for the largest share of the transplant diagnostics market, by end user, in 2019."

Based on end user, the transplant diagnostics market is segmented into independent reference laboratories, hospitals & transplant centers, and research laboratories & academic institutes. In 2019, independent reference laboratories accounted for the largest share of the transplant diagnostics market due to rapid modernization and automation in diagnostic laboratories, the growing number of R&D activities outsourced by pharmaceutical & biotechnology companies to independent reference laboratories.

"The molecular assay technologies segment accounted for the largest share of the transplant diagnostics market, by technology, in 2019."

The transplant diagnostics market, by technology, is segmented into molecular (PCR-based assay and sequencing-based assay technologies) and non-molecular assay technologies. In 2019, the molecular assay technologies segment accounted for the largest share of the transplant diagnostics market due to the benefits of molecular assays such as low turnaround times, high procedural efficacy, and real-time sample analysis.

"North America accounted for the largest share of the transplant diagnostics market in 2019."

North America accounted for the largest share of the transplant diagnostics market in 2019, followed by Europe. This can primarily be attributed to the wide availability of advanced transplant diagnostic technologies, well-established distribution channels, and significant public awareness about the clinical benefits of diagnostic products in risk assessment for donors and recipients during transplantations.

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In the end, the Global Transplant Diagnostics Market report's conclusion part notes the estimation of the industry veterans.

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