Transplant Diagnostics Market is expected to reach a value of USD 10,139.38 million by 2029

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.

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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:

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.

Some of the major players operating in the global transplant diagnostics market are Hologic, Inc., Biofortuna Limited, Takara Bio Inc., Abbott, Diagnóstica 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, BIOMÉRIEUX, Illumina, Inc., Luminex Corporation (A subsidiary of DiaSorin Company), CLONIT srl, PathoNostics, Biotype GmbH, BAG Diagnostics GmbH, IMMUCOR, among others.

BROWSE RELATED REPORTS

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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