Transplant Diagnostics Market size worth $ 1.15 Billion, Globally, by 2028 at 7.38% CAGR: Verified Market Research®

Transplant Diagnostics Market size worth $ 1.15 Billion, Globally, by 2028 at 7.38% CAGR: Verified Market Research®

PR Newswire

JERSEY CITY, N.J., Nov. 16, 2021

An increasing number of patients suffering from chronic diseases frequently leading to organ failure, the adoption of stem cell therapy and personalized medicine, is creating an upsurge in demand for transplant procedures.

JERSEY CITY, N.J., Nov. 16, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Transplant Diagnostics Market" By Technology (Molecular array, Non molecular array), By Products and Services (Instruments, Reagents and consumables, Software and services), By End-User (Hospitals and transplants centers, Commercial service providers), and By Geography. According to Verified Market Research, the Global Transplant Diagnostics Market size was valued at USD 653.97 Million in 2020 and is projected to reach USD 1.15 Billion by 2028, growing at a CAGR of 7.38% from 2021 to 2028.

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Browse in-depth TOC on "Transplant Diagnostics Market"

202 - Pages
126 – Tables
37 – Figures

Global Transplant Diagnostics Market Overview

The rising number of stem-cell-based, soft tissues and solid transplantation, increasing geriatric population, rising occurrence of persistent diseases, augmentation in laboratory automation of diagnostic operations that are assisted by robots, and advancements in technology advancement in human leukocyte antigen typing are some of the crucial factors driving the growth of the global Transplant Diagnostics Market. Additionally, an increase in public and private investments to develop novel human leukocyte antigen (HLA) products for testing, the soaring number of HLA applications in diagnostics, improvement in healthcare infrastructure, especially in developing nations, consistent reduction average gene sequencing costs, and rising bases of installation of NGS and PCR instruments are steering the global Transplant Diagnostics Market growth.

According to the perspectives of SMEs of leading companies, the growing number of organ transplant procedures, technological advancements, rising incidence of chronic diseases, and increased R&D activities drive this market. However, organ shortage for transplant procedures, challenges in sequencing HLA, and lack of awareness hinder the market growth. Currently, the consumables segment generates maximum revenue. According to the SMEs, the increasing need for organ transplants creates a demand for transplant diagnostics. In addition, the majority of the transplant diagnostic manufacturers and distributors focus more on emerging markets due to the potential they hold.

Key Developments

Key Players

The major players in the market are Abbott Laboratories, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-LA Roche, Ltd., Illumina, Inc., Immucor, Inc., Linkage Biosciences, Olerup SSP AB, Qiagen N.V., Sigma-Aldrich, Thermo Fisher Scientific, Inc.

Verified Market Research has segmented the Global Transplant Diagnostics Market On the basis of Technology, Products & Services, End-User, and Geography.

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Top 10 Point-Of-Care Molecular Diagnostics Companies supplying improved testing methods

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