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HLA Typing for Transplant Market is Expected to Surpass at a CAGR of 5.9% Forecast by 2031 | Illumina Inc., Luminex Corporation and Immucor, Inc, Hologic, Inc., Luminex

05-15-2023 07:24 AM CET | Health & Medicine

Press release from: Global Insight Services

HLA Typing for Transplant Market

HLA Typing for Transplant Market

The global HLA Typing for Transplant Market was valued at USD 667.8 Million in 2021 and it is anticipated to grow up to USD 1189.6 Million by 2031, at a CAGR of 5.9% during the forecast period.

HLA typing is a laboratory test that is performed on a sample of a persons blood in order to determine their human leukocyte antigen (HLA) type. This information is used to match individuals with a compatible donor for bone marrow or stem cell transplants. HLA typing is performed using a technique called DNA sequencing. This involves taking a sample of blood and extracting the DNA. The DNA is then analyzed to identify the specific sequence of nucleotides (the building blocks of DNA) that make up the persons HLA type.

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Market Trends and Drivers

Technological advancements in molecular assays segment are driving the global HLA Typing for transplant market progression. Presently, target specific PCR method is used to screen disease causative pathogen. Also, companies are focusing on development of novel platforms for HLA typing.

Market Restraints and Challenges

Increasing utilization of molecular diagnostics in HLA typing has led to upsurge in its costs. Rising demand for molecular diagnostics due to its ability to deliver accurate results in less time has created pressure on industry players to develop new products and to satisfy growing consumer demands. Majority of laboratories perform several molecular tests using hematology and chemistry analyzers. Additionally, as per the National Human Genome Research Institute, gene sequencing test cost around USD 5,000 to USD 10,000 per test which is not affordable to majority of population.

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Global HLA Typing for Transplant Market Segmentation

By Technology

• Non-molecular assays
• Molecular assays

By Product & Services

• Instruments
• Reagents and consumables
• Software
• Services

Major Players in the Global HLA Typing for Transplant Market

The key players in the market Abbott, Bio-Rad Laboratories, CareDx, Qiagen N.V., Thermo Fischer Scientific, F. Hoffmann-La Roche Ltd, Illumina Inc., Luminex Corporation and Immucor, Inc, Hologic, Inc., Luminex, and Biofortuna, among others.

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Reasons to buy HLA Typing for Transplant Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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