Transplant Diagnostics Market at 7.2% CAGR to Initiate High Growth Possibilities to Reach USD 2,074.65 Million Till 2023

“Transplant Diagnostics Market”
MRFR is the Leading Brand in The Research Company who Recently Published Transplant Diagnostics Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2023.

Transplant Diagnostics are the tests that are carried out to check the compatibility between the organ donor and recipient before or after the organ transplant. According to the report that has been recently published by Market Research Future (MRFR), the Global Transplant Diagnostics Market is anticipated to expand at a noteworthy CAGR of 7.8 % during the forecast period of 2018-2023.

Global Transplant Diagnostics Market – Competitive Analysis

The market development by competitors encompasses strong risk management strategies which will positively influence the market. The competitors in the market are persistently trying to establish leading market positions through new policies and strategies. The experienced management in the companies functioning in the market are making business models which can bring about a fruitful phase of development. The key trends and players have established a positive tone for development. The competitors in the market are trying to succeed commercially by ensuring demand and supply are in balance. The momentum of the market’s growth has altered the competitive background of the market. The contenders in the market are also leveraging their competitive advantages to secure their growth in the market.

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Key Players:

Thermo Fisher Scientific, Inc. (US), Bio-Rad Laboratories, Inc. (US), F. Hoffman-La Roche Ltd. (Switzerland), Becton Dickinson and Company (US), Abbott Laboratories Inc (US), CareDx (US), QIAGEN N.V. (Netherlands), Immucor, Inc. (US), GenDx (Netherlands), Omixon Ltd. (UK), bioMérieux S.A. (France), Illumina, Inc. (US), Immucor Transplant Diagnostics, Inc (US), Affymetrix, Inc (US), Linkage Biosciences (US) 

Industry Updates:

In May 2018, CareDx, a U.S.-based molecular diagnostics company, has announced the signing of licensing and commercialization agreement with Illumina, a provider of next-generation sequencing solutions. CareDx is now the exclusive worldwide distributor of Illumina’s TruSight HLA v1 and v2 product lines which will be used for bone marrow transplantation diagnostic testing and solid organ transplantation diagnostic testing.

TAI Diagnostics which is US based company and develops non-invasive test to monitor patients’ health after they’ve got heart transplants, has scheduled to initiate selling their test early next year. They have generated about $13 million from their investors so far. The company is presently raising more money to supplement its $8.3 million Series A funding round. The extension could bring TAI’s total outside financing to $21 million, the startup’s test measures levels of cell-free DNA, genetic material released by the transplant recipient’s new heart that can enter the bloodstream, to assess whether they are in danger of rejecting the organ.

Thermo Fisher Scientific Acquires Linkage Bio: on July 2017 Thermo Fisher Scientific confirmed the company’s acquisition of Linkage Biosciences for an undisclosed amount, as a result of this acquisition Linkage Biosciences is now a part of Thermo Fisher’s transplant diagnostics business. The company based in South San Francisco, California. Benefits involved from the acquisition include a broader and deeper range of products, a continued commitment to innovation, and expanded support globally.

The business is extremely complementary to the company’s One Lambda tests, which regulate the compatibility of donors and recipients pre- and post-transplant. This acquisition further expands Thermo Fisher’s commitment of improving transplant patients’ quality of life over innovative high-quality products for the clinical and research segments of the transplant community.

Global Transplant Diagnostics Market – Regional Analysis

Geographically, America dominated the global transplant diagnostics market. Increasing demand for the advanced techniques and diagnostic tools and higher healthcare expenditure are the major factor for the growth of the America market. Europe is the second largest transplant diagnostics market which is followed by Asia Pacific. Asia pacific is the fastest growing region for this market. Large population pole suffering from chronic diseases is the major driving factor for the Asia Pacific market. 

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Global Transplant Diagnostics Market – Segmentation

Global Transplant Diagnostics Market is segmented on the basis of products into instrument, reagent, software and services. On the basis of technology, the market is segmented into non-molecular assay and molecular assay. Non-molecular is further segmented into serological assay and mixed lymphocyte culture. Molecular assay is further segmented into sequenced base and PCR based. On the basis of application, the market is segmented into heart, lungs, liver, and kidney and other. On the basis of method type the market is segmented into pre-transplant screening and post-transplant screening and on the basis of end user the market is segmented as hospitals, transplants centers, research laboratories and other.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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