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HLA Typing Market to Experience Significant Growth, Reaching $1.9 Billion by 2029

08-29-2024 02:03 PM CET | Health & Medicine

Press release from: Meticulous Research®

HLA Typing Market to Experience Significant Growth, Reaching

Meticulous Research® has unveiled its latest report, revealing that the global Human Leukocyte Antigen (HLA) Typing Market is on track to experience robust growth. The market is projected to expand at a compound annual growth rate (CAGR) of 5.6%, reaching a valuation of $1.9 billion by 2029. This anticipated growth is driven by a confluence of factors, including a rising number of organ transplants and continued advancements in HLA typing technologies.

Request For Sample Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5311

Market Drivers and Opportunities
The growing demand for organ transplants, coupled with technological innovations in HLA typing, are key contributors to the market's expansion. Increased awareness around organ donation is further creating substantial growth opportunities within the global HLA typing market. However, the high costs associated with molecular HLA typing techniques and the ongoing shortage of organs for transplantation present challenges to market growth.

Segment Analysis
The report segments the HLA typing market by Product, Technology, Application, End User, and Geography. Each segment is analyzed for its contribution to market growth and future potential.

By Product: The consumables segment is expected to dominate the market in 2022, owing to the rising adoption of molecular assay techniques in HLA typing, as well as the increasing need for early patient profiling in organ transplantation. The growing number of organ transplants globally also contributes to the segment's leadership.

Complete Report: https://www.meticulousresearch.com/product/hla-typing-market-5311

By Technology: Molecular technologies, including PCR-based molecular techniques and sequencing-based molecular technologies, are set to hold the largest market share. The benefits of molecular assays-such as lower turnaround times, the ability to handle multiple samples simultaneously, and high procedural efficiency-are driving demand over non-molecular techniques.

By Application: Diagnostics, particularly in donor-recipient cross-matching and transfusion therapy, is anticipated to remain the largest segment. The segment's growth is underpinned by the increasing prevalence of chronic and infectious diseases worldwide.

By End User: Diagnostic laboratories are projected to account for the largest market share in 2022. These facilities conduct the majority of HLA typing procedures, particularly in regions where hospitals outsource their diagnostic services. The ability of diagnostic centers to perform comprehensive disease pathogenesis studies further solidifies their leading position.

Regional Insights
North America is set to lead the global HLA typing market in 2022, followed by Europe and Asia-Pacific. The region's dominance is attributed to a high prevalence of cancer and autoimmune diseases, a significant number of organ transplants, and strong government funding for research in HLA and immune-mediated diseases. Europe and Asia-Pacific are also expected to see substantial market growth due to increasing healthcare investments and rising disease prevalence.

Key Market Players
The global HLA typing market is characterized by the presence of several prominent players, including: Thermo Fisher Scientific Inc. (U.S.), Bio-rad Laboratories (U.S.), Qiagen N.V. (Netherlands), Genome Diagnostics B.V. (GenDx) (Netherlands), Illumina, Inc. (U.S.), CareDx (U.S.), Immucor Inc. (U.S.), TBG Diagnostics Limited (Australia), BAG Diagnostic GmbH (Germany), Omixon Inc. (Hungary), Luminex Corporation (U.S.), inno-train Diagnostik GmbH (Germany), Pacific Biosciences of California, Inc. (U.S.), and Fujirebio Holdings, Inc. (Japan).

Buy Now: https://www.meticulousresearch.com/Checkout/18936631

Related Report:
Chromatography Consumables Market: https://www.meticulousresearch.com/product/chromatography-consumables-market-5169

High-performance Liquid Chromatography (HPLC) Market: https://www.meticulousresearch.com/product/high-performance-liquid-chromatography-market-5395

Forensic Technologies Market: https://www.meticulousresearch.com/product/forensic-technologies-market-1204

Global Stem Cell Market: https://www.meticulousresearch.com/product/global-stem-cell-market-1192

Autoimmune Disease Diagnostics Market: https://www.meticulousresearch.com/product/autoimmune-disease-diagnostics-market-5405

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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