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Transplant Diagnostics Market Size Worth USD 7.73 Billion in 2032 | Emergen Research

04-23-2024 03:06 PM CET | Health & Medicine

Press release from: Emergen Research

Transplant Diagnostics Market

Transplant Diagnostics Market

The global transplant diagnostics market size was USD 4.01 Billion in 2022 and is expected to register a revenue CAGR of 6.8% during the market forecast. The global transplant diagnostics market is witnessing significant growth attributed to advancements in transplantation techniques and increasing awareness regarding precision medicine, reveals a recent market research report. The report highlights key drivers, restraints, and segment insights shaping the landscape of transplant diagnostics.

Key Drivers of Transplant Diagnostics Market:

Innovations such as living donor transplants and precise matching strategies are fueling the demand for sophisticated diagnostics for compatibility assessment. Modern techniques like next-generation sequencing and molecular profiling enhance the precision of donor-recipient matching, reducing the risk of rejection.

The expanding scope of transplantation, including stem cell transplants, boosts the need for comprehensive diagnostic solutions, ensuring successful outcomes and improving patient care.

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Market Restraints:

High costs associated with transplant diagnostics and limited reimbursement policies act as significant barriers to market growth. The expenses related to testing procedures and equipment can limit adoption, while inadequate reimbursement coverage discourages investment in advanced diagnostics by healthcare providers.

Segment Insights:

Product Segment: The reagents and consumables segment dominates the market, driven by rising transplant procedures and growing awareness. Advanced materials are crucial for accurate assessments, reflecting a shift towards precision medicine.

Technology Segment: Molecular diagnostics, offering improved detection of biomarkers and a broader range of testing capabilities, hold the largest market share. These techniques enable comprehensive genomic profiling, enhancing diagnostic accuracy and patient outcomes.

Type Segment: Solid organ transplantation accounts for the largest market share, fueled by the rising prevalence of organ failure and improvements in transplant outcomes. Increasing acceptance of solid organ transplants as a viable treatment option drives demand for sophisticated diagnostic technologies.

Market Outlook:

The global transplant diagnostics market is poised for continued growth, driven by technological advancements and a focus on improving patient outcomes. As healthcare providers increasingly rely on cutting-edge diagnostics, the market is expected to expand further.

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Transplant Diagnostics Top Companies and Competitive Landscape

The global transplant diagnostics market is fairly fragmented with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective transplant diagnostics solutions.

• Abbott Laboratories
• Bio-Rad Laboratories Inc.
• Thermo Fisher Scientific Inc.
• Becton, Dickinson and Company
• Omixon Ltd.
• Hologic Inc.
• Immucor, Inc.
• CareDx
• Qiagen NV
• BioGenuix

Transplant Diagnostics Latest Industry News

• In February 2023, Becton, Dickinson and Company announced the U.S. Food and Drug Administration (FDA) market approval for the BD Onclarity HPV Assay to be used with the ThinPrep Pap Test. The inclusion of the ThinPrep Pap Test improves access to the benefits of the BD Human Papillomavirus Virus (HPV) assay, which is the only FDA-approved assay that tests for an extended set of HPV types individually. This strategic move is expected to aid the company to penetrate growing molecular diagnostics market through providing additional testing solutions.

To Read More About The Report, Visit @https://www.emergenresearch.com/industry-report/transplant-diagnostics-market

Transplant Diagnostics Market Segment Analysis

For the purpose of this report, Emergen Research has segmented global transplant diagnostics market on the basis of product, technology, type, application, and region:

• Product Outlook (Revenue, USD Billion; 2019-2032)
o Instruments
o Reagents and Consumables
o Software and Services

• Technology Outlook (Revenue, USD Billion; 2019-2032)
o Molecular
o Non-molecular

• Type Outlook (Revenue, USD Billion; 2019-2032)
o Solid Organ
o Stem Cell
o Soft Tissue

• Application Outlook (Revenue, USD Billion; 2019-2032)
o Pre-Transplantation Testing
o Post-Transplantation Monitoring

• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
o Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
6. Benelux
7. Russia
8. Rest of Europe
o Asia Pacific
1. China
2. Japan
3. South Korea
4. India
5. ASEAN Countries
6. Oceania
7. Rest of APAC
o Latin America
1. Brazil
2. Mexico
3. Rest of LATAM
o Middle East & Africa
1. GCC Countries
2. Israel
3. Turkey
4. South Africa
5. Rest of MEA

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Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

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