Due to the very reliable results provided by these tests. Coupled with this, molecular tests used to perform diagnostic transplantation procedures.
– Allied market research
PORTLAND, OR, UNITED STATES, October 5, 2021 /EINPresswire.com/ – The increase in the incidence of organ failure due to the increase in chronic disease cases, the increase in the aging population and the increased attention to R&D is expected to propel the global market growth. transplant diagnostics market. Chronic diseases can lead to organ failure in patients, which could be an important target audience for diagnostic transplant procedures. However, difficulties in human leukocyte antigen (HLA) sequencing and growing global organ shortage may hamper the market growth.
The Transplant Diagnostics Market report provides an overview of the market based on key parameters such as market size, sales, sales analysis, and major drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus (COVID-19) epidemic has affected all aspects of life around the world. It changed part of the market situation. The main objective of the research report is to provide users with an overview of the market. Initial and future assessments quickly.
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Reagents and consumables segment accounted for the maximum revenue generation in 2020, due to the increase in the number of diagnostic procedures before and after organ transplantation. The instrument and equipment segment is expected to grow at a high CAGR. Both technologies, namely non-molecular assay and molecular assay, occupy an important position in the global transplant diagnostics market. However, the molecular analysis technology segment is expected to grow at the highest CAGR, due to the very precise results provided by modern molecular analysis technology.
The uptake of transplant diagnostics (including pre- and post-transplant screening) is expected to increase significantly as the prevalence of chronic diseases that can lead to organ failure increases. The market has aroused the interest of healthcare providers due to the various advantages offered by these tests to assess the feasibility of the organ transplant procedure. There have been significant technological advances in the diagnosis of transplants to provide advanced diagnostic options for the management of organ transplants. The market is in a phase of maturity in developed countries, while emerging regions such as LAMEA and Asia-Pacific hold potential opportunities for transplant diagnostics.
With the increase in the number of kidney transplants, the segment is expected to generate high revenue in the future, with a CAGR of 9.8%, due to the increase in the incidence of kidney failure worldwide. . Liver and heart transplants are estimated to have a high growth rate over the expected duration, due to increased sensitization to organ donation and increased incidence of liver failure and cardiac.
North America accounted for a major market share in 2020, with maximum contribution to US revenue, due to the large number of kidney, liver, lung, heart and pancreas transplant procedures. Adoption of the latest technology and increased awareness of organ transplantation in the United States has boosted the North American market for transplant diagnostics. The Asia-Pacific region offers lucrative opportunities for transplant diagnostics market players to expand their market presence. This region has the highest geriatric population and the scenario is expected to continue; further decline in the growth of the transplant diagnostics market.
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The report also provides a comprehensive analysis of major players operating in the global transplant diagnostics market such as Abbott Laboratories Inc., Bio-Rad Laboratories Inc., F. Hoffmann-La Roche, Ltd., Illumina, Inc., Immucor , Inc., Linkage Biosciences, Olerup Ssp Ab, Qiagen NV, Thermo Fisher Scientific Inc. and Sigma-Aldrich, among others. The report presents a competitive market research by analyzing the market shares and position of key players, recent strategic moves, and detailed profiles of these players.
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