The Transplant Diagnostics Market Research Report delivers a thorough understanding of the market’s present status and likely future growth trajectory over the forecast period on the basis of the market’s historical growth trajectory and figures.
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Leading Market Players
Bio-Rad Laboratories, Inc., Illumina, Inc., Thermo Fisher Scientific Inc., F. Hoffmann La Roche Ltd., Becton Dickinson and Company, bioMérieux S.A., QIAGEN N.V.
Transplant diagnostics Market Overview
The transplant diagnostics market is benefitting significantly from the realization of the value of organs donated. The process deals with analyzing the chance of organs getting matched. Successful organ testing would reduce the chance of organs getting wasted. Riding on this idea, the global transplant diagnostics market is booming and it is expecting a surge by 7.80% during the forecast period (2018-2023) with an aim to exceed the valuation of USD 2,074.65 million by the end of 2023. Market Research Future’s (MRFR’s) detailed study substantiates the claim with ample data.
Organ transplants are imperative for saving patient lives in cases of negligible outcomes from surgeries or medications. The success of these transplants have shown success in recent years in children and adults with chronic diseases. Transplant diagnostic solutions are tests conducted for displaying the compatibility ratio between patients and organs. The global transplant diagnostics market report by Market Research Future (MRFR) highlights the various trends, opportunities, and challenges industry participants can face in the period between 2018 and 2023.
Transplant Diagnostics Market – Segments
The report is segmented into six key market dynamics to widen the scope of understanding,
By Product & Service: Instruments, Reagents & Consumables, and Software & Services, among others.
By Screening Type: Pre-transplant Screening and Post-transplant Screening, among others.
By Organ Type: Kidney, Liver, Heart, Lung, and Pancreas, among others.
By Application Type: Research Applications and Diagnostic Applications, among others.
By End-user: Commercial Service Providers, Hospitals & Transplant Centers, and Research Laboratories & Academic Institutes, among others.
By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Transplant Diagnostics Market – Competitive Analysis
Highly competitive, the transplant diagnostics market appears to be fragmented due to the presence of several well-established players. These players incorporate strategies such as collaboration, acquisition, expansion, and technology/product launch, in order to gain a competitive advantage in this market. Also, substantial funds are invested in R&D and clinical trials to develop a comprehensive and effective diagnostics program. Most hospitals strive to provide tailor-made transplant surgeries with advanced diagnostics and comprehensive rehabilitation schedule, so as to provide patients with the best care at every stage of the transplant journey.
Table of Content
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Declining Fertility Rate
5.2.2 Technological Advancements In Fertility Treatment
5.2.3 Increasing Prevalence Of Obesity
5.3 Restraints
5.3.1 High Procedural Costs Of Assisted Reproductive Techniques In Developed Markets
5.4 Opportunities
5.4.1 Reimbursement For Fertility Treatments
Continued…
Regional Analysis
Asia Pacific (APAC), the Americas, Europe, and the Middle East & Africa (MEA) are the regions discussed with respect to the market report.
The Americas will continue to dominate the market till 2023 due to progress in HLA tests, adoption of automation in testing, and prevalence of chronic diseases. Europe is touted to be the second largest region for the global transplant diagnostics market due to policies developed by international health organizations for creating awareness among the populace.
The APAC region can experience a stellar growth rate during the forecast timespan owing to large number of patients requiring transplants and the large number of doctors available for surgeries. Investments in in-vitro tissue engineering and stem cells can bode well for the region in the coming years.
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Industry/ Innovation/ Related News:
June 25, 2019 —- Eurofins Scientific (Luxembourg), a leading global provider of Transplant Diagnostics, announced the completion of the acquisition of Transplant Genomics Inc. (TGI – the US), a molecular diagnostics company. The acquisition aligns with Eurofins strategy to expand its transplantation testing footprint.
TGI is committed to improving organ transplant outcomes with non-invasive serial monitoring guided by genomics. Eurofins Group will enable TGI to launch its TruGraf subclinical kidney rejection assay in the best possible conditions which will further enable the company to improve organ transplant outcomes for as many patients as possible.
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