Press release
Transplant Diagnostics Market By Product Type, Application, Size and is expected to reach a value of USD 10,139.38 million by 2029
Data Bridge Market Research has recently published a Report, titled, "Transplant Diagnostics Market " The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape.Transplant Diagnosis Market is a diagnostic procedure usually divided into pre-transplant and post-transplant procedures. It helps to analyze the health status of the patient. If this is avoided, the immunocompromised person is at risk of developing HAI or worse, which can lead to death. The procedure is a harmonious collaboration between healthcare professionals and laboratory experts, ensuring better patient outcomes. In addition, close matching of donor and recipient HLA markers is important. This increases the likelihood of graft survival and minimizes serious complications of immunological transplantation. The increased prevalence of chronic illnesses among the worldwide population is likely to drive market expansion throughout the forecast years. Furthermore, the increasing use of stem cell therapy and personalized medications is gaining popularity. The use of new diagnostic techniques has improved the medical outcomes of organ transplants. The rate of organ rejection can be reduced by matching the compatibility of the donor and recipient before transplantation.
However, the high cost of procedures associated with PCR and NGS diagnostic instruments is one of the most significant. As a result, market growth may be hampered in the long run. The cost of medical equipment is one element that may challenge critical transplant diagnosis device vendors.
Data Bridge Market Research analyzes that the global transplant diagnostics market is expected to reach a value of USD 10,139.38 million by 2029, at a CAGR of 6.8% during the forecast period. Product type accounts for the largest segment in the market due to the rapid demand for transplant diagnostics globally. This market report also covers pricing analysis, patent analysis and technological advancements in depth.
Download the PDF Sample Report (Including FULL TOC, Graphs, and Tables) of this report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-transplant-diagnostics-market
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MarketΒ Definition
Transplant diagnostics are the immunogenetics and histocompatibility of organ and hematopoietic stem cell transplantations. These diagnostics help healthcare professionals determine compatibility between potential recipients and organ donors. These are used in various disciplines, such as immunogenetics, pathology and infectious diseases, among others. Transplant diagnostics are used to determine whether the donor and the recipient of the organ are compatible before or after the transplant. With the introduction of transplant diagnostics, the prevalence of diseases that can cause organ failure, including both pre-and post-transplant screening, is expected to explode. The market has attracted the interest of healthcare professionals due to the many advantages these tests offer to verify suitability for a transplant procedure. Organ transplantation is one of the most popular treatment options for many end-stage renal disease patients on continuous dialysis.
In addition, it is possible to investigate organ transplantation for cases involving the heart, liver, or bone marrow. Although in many cases, there is a strong association between renal failure and liver transplantation, including end-stage renal disease. New transcriptomic, proteomic and genomic indicators in molecular diagnostics can help to better tailor transplant therapy and early detection of rejection events. Also, strategic initiatives by market players, technological progressions in transplant diagnostics, high sterility assurance and increasing investment in healthcare infrastructure increase the demand for transplant diagnostics.
Global Transplant Diagnostics Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:Β Β Β Β
Drivers
Rising number of transplant procedures
The demand for organ transplantation has rapidly increased worldwide during the past decade due to the increased incidence of vital organ failure and improved post-transplant outcomes. Demand for kidney, heart, liver and lungs transplant is very high. Alcohol consumption, lack of exercise and drug abuse are leading causes of organ failure. The number of living donor transplants has been affected by the COVID-19 pandemic. But living donor transplants have increased by 14.2 percent over 2020.
In addition, organ transplantation improves patient survival and quality of life and has a major positive impact on public health and the socioeconomic burden of organ failure. The European Union (EU) has a relatively uniform and structured approach to organ transplantation, well-developed national programs, international systems to facilitate organ sharing and well-defined exchange policies, making Europe a leader in this field.
Thus, the increasing number of transplant procedures across the globe and the increase in successful transplantations is expected to boost the global transplant diagnostics market.
Β Increase in the technological advancements in the field of transplants
New technologies are rapidly changing traditional approaches to organ transplantation. The main challenges in organ transplantation are how best to identify and, if possible, eliminate the need for lifelong immunosuppression and how to expand the pool of donors suitable for human transplantation. Researchers have developed an advanced system where transport time can be extended by tricking donor organs into thinking they are still inside the body. This system keeps oxygenated blood flowing through the organs to delay tissue death. A normothermic perfusion machine mimics the human body, ensuring constant blood flow to the organ. The machine can also deliver drugs or other nutrients to keep the liver in optimal condition before the transplant.
In addition, bio-artificial organ production techniques are a range of enabling techniques that can be used to produce human organs based on bionic principles. Over the past ten years, significant progress has been made in developing various organ manufacturing technologies. The past decade has seen tremendous advances in new technologies such as single-cell RNA sequencing, Nano biotechnology and CRISPR-Cas9 gene editing. However, creative applications of such new and powerful technologies to improve clinical transplantation have only begun. With such tools, there are now good opportunities to make major breakthroughs in defining and providing optimized and individualized care for all organ transplants.
Restraint
High cost of organ transplantation
Organ transplantation therapy employs highly technologically advanced products. The development of these products involves rigorous research and development by the developing players. Thus, the procedures and product cost remains high, which proportionally increases the cost of testing. Also, organ transplants are expensive because they are incredibly resource-intensive and involve high-paid doctors, transportation and expensive medications.
In addition, desensitizing therapies have also been used to achieve transplantation from an incompatible donor. However, such procedures are very expensive and may be associated with complications and worse long-term outcomes.
Thus, the high cost of transplantation and treatment using advanced modalities and technology products will act as a major restraining factor for the growth of the global transplant diagnostics market.
View Detailed Report@ https://www.databridgemarketresearch.com/reports/global-transplant-diagnostics-market
Post-COVID-19 Impact on Global Transplant Diagnostics Market
The global transplant diagnostics market has been badly affected byΒ COVID-19. Hospital admissions were limited to non-essential treatment and clinics were temporarily closed during the pandemic. The implementation of social distancing, blocking the population and limited access to clinics have greatly affected the market. The slowdown in patient flows and referrals also affected the market growth. However, the market will continue to grow in the post-pandemic period due to the relaxation of previously imposed restrictions.
Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple R&D activities, product launches and strategic partnerships to improve the technology and test results in the global transplant diagnostics market.
Recent Developments
In August 2022, QIAGEN announced the publication in the Journal of Molecular Pathology of an externally facilitated clinical NGS interpretation validation study, demonstrating that its clinical decision support software, QIAGEN Clinical Insight Interpret One (QCI Interpret One), achieved a higher level of concordance with a panel of experts than human reviewers achieved amongst each other.Β The study commissioned by QDI and carried out independently by Genomics Quality Assessment (GenQA) investigated the classification of variants reported from oncology patient samples. This has helped the company to validate its research
In January 2022, Hoffmann-La Roche Ltd introduced Cobas Infinity edge, a cloud-based point-of-care platform accessible globally. With its advanced technology, healthcare practitioners can handle patient data. This has helped the company to diversify its product line
Global Transplant Diagnostics Market Scope
The global transplant diagnostics market is segmented into product type, technology, transplant type, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Product Type
Transplant Diagnostic Instrument
Transplant Diagnostic Software
Transplant Diagnostic Reagent
On the basis of product type, the global transplant diagnostics market is segmented into transplant diagnostic instrument, transplant diagnostic software and transplant diagnostic reagent.
Technology
PCR-Based Molecular Assays
Sequencing-Based Molecular Assays
On the basis of technology, the global transplant diagnostics market is segmented into PCR-based molecular assays and sequencing-based molecular assays.
Transplant Type
Solid Organ Transplantation
Stem Cell Transplantation
Soft Tissue Transplantation
Bone Marrow Transplantation
Other Transplants
On the basis of transplant type, the global transplant diagnostics market is segmented into solid organ transplantation, stem cell transplantation, soft tissue transplantation, bone marrow transplantation and other transplants.
Application
Diagnostic Applications
Research Applications
On the basis of application, the global transplant diagnostics market is segmented into diagnostic applications and research applications.
End User
Hospitals And Transplant Centers
Commercial Service Providers
Research Laboratories And Academic Institutes
Others
On the basis of end user, the global transplant diagnostics market is segmented into research laboratories and academic institutes, hospitals and transplant centers, commercial service providers and others.
Distribution Channel
Direct Tender
Retail Sales
Others
The complete Report is available (Including the full TOC, Tables, and Figures, Graphs as well as Chart) @ https://www.databridgemarketresearch.com/toc/?dbmr=global-transplant-diagnostics-market
The global transplant diagnostics market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus on the global transplant diagnostics market.
Some of the major players operating in the global transplant diagnostics market are Hologic, Inc., Biofortuna Limited, Takara Bio Inc., Abbott, DiagnΓ³stica Longwood SL, Adaptive Biotechnologies, NanoString, Arquer Diagnostics Ltd, altona Diagnostics GmbH, ELITechGroup, DiaSorin S.p.A., Horiba Ltd, EUROFINS VIRACOR, CareDx Inc., Laboratory Corporation of America Holdings., Randox Laboratories Ltd., Thermo Fisher Scientific Inc., Preservation Solutions, Inc., TransMedics, Transonic, Stryker, Bio-Rad Laboratories, Inc., Zimmer Biomet, QIAGEN, F. Hoffmann-La Roche Ltd, BIOMΓRIEUX, Illumina, Inc., Luminex CorporationΒ (A subsidiary of DiaSorin Company), CLONIT srl, PathoNostics, Biotype GmbH, BAG Diagnostics GmbH, IMMUCOR, among others.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Medical Display market
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
FREQUENTLY ASKED QUESTIONS
At what growth rate will the market be projected to grow during the forecast period of 2022 to 2029?
What will be the market value in the future?
Who are the major players operating in the market?
Which countries data are covered in the report?
What are the Main Data Pointers Covered in Transplant Diagnostics Market Report?
BROWSE RELATED REPORTS
North America Transplant Diagnostics Market - Industry Trends and Forecast to 2029
https://www.databridgemarketresearch.com/reports/europe-transplant-diagnostics-market
Middle East and Africa Transplant Diagnostics Market - Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/middle-east-and-africa-transplant-diagnostics-market
Asia-Pacific Transplant Diagnostics Market - Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/asia-pacific-transplant-diagnostics-market
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