Global Transplant Diagnostics Market Size By Technology (Molecular Array, Non-Molecular Array), By Products And Services (Instruments, Reagents, Controls And Consumables, Software And Services), By End-User (Hospitals And Transplants Centers, Research And Academic Institutes, Laboratories), And Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Transplant Diagnostics Market Size By Technology (Molecular Array, Non-Molecular Array), By Products And Services (Instruments, Reagents, Controls And Consumables, Software And Services), By End-User (Hospitals And Transplants Centers, Research And Academic Institutes, Laboratories), And Geographic Scope And Forecast
Transplant Diagnostics Market Size And Forecast
Transplant Diagnostics Market size is valued at USD 800 Million in 2023 and is anticipated to reach USD 2 Billion by 2031, growing at a CAGR of 7.60% from 2024 to 2031.
Transplant diagnostics refers to a diagnostic procedure divided generally done pre-and post-transplantations. It helps in analyzing the patient’s health conditions. If avoided, the individual with weakened immunity runs the risk of acquiring hospital acquired infections (HAIs) or worse which could be fatal.
Organ transplantation is the need to relocate organs to treat organ failures such as the liver, pancreas, lungs, kidney, and heart. Human leukocyte antigens are the antigens found on the surface of the cell that regulates body recognition and rejects foreign tissue transplant.
The major histocompatibility complex in human beings is controlled by the genes located on chromosome six. Human leukocyte antigen (HLA) diagnostic testing is performed to determine the tissue compatibility between the donor and recipient in organ and bone marrow transplants.
Global Transplant Diagnostics Market Dynamics
The key market dynamics that are shaping the Transplant Diagnostics Market include
Key Market Drivers
Growing Incidence of Chronic Illnesses The need for organ transplants is being driven by the rising prevalence of chronic illnesses like diabetes and kidney disease, which is propelling the market for transplant diagnostics.
Technological DevelopmentsThe accuracy and efficiency of transplant diagnostic procedures are being improved by developments in transplant diagnostic techniques, such as molecular assays and next-generation sequencing, which are propelling market expansion.
Growing Number of Transplant ProceduresThe need for transplant diagnostics is being driven by the growing number of transplant procedures performed globally, including stem cell and solid organ transplants.
Growing AwarenessThe market is expanding as a result of patients’ and healthcare professionals’ growing awareness of the advantages of transplant diagnostics in enhancing transplant outcomes and lowering the risk of rejection.
Supportive Government InitiativesThe market for transplant diagnostics is expanding as a result of government initiatives to promote organ donation and improve healthcare infrastructure.
Key Challenges
High Cost of Transplant DiagnosticsThe high cost of transplant diagnostic tests and procedures may prevent some people from adopting them, especially in developing nations where healthcare funding is scarce.
Challenges Related to ReimbursementPatients and healthcare providers may face difficulties due to regional variations in reimbursement policies and coverage for transplant diagnostic tests.
Organ ScarcityThe lack of available donor organs for transplantation continues to be a major obstacle, reducing the range of possible transplant treatments and, as a result, raising the need for transplant diagnostics.
Complex Regulatory RequirementsMarket participants may face difficulties in developing and launching new products due to strict regulatory requirements and approval procedures for transplant diagnostic products.
Restricted Availability of Cutting-Edge Technologies In certain areas, there may be a lack of access to sophisticated transplant diagnostic technologies and knowledge, which could impede market expansion and adoption rates.
Key Opportunities
Emerging MarketsDue to improved healthcare infrastructure and rising public awareness of transplant procedures, untapped opportunities exist in emerging markets, particularly in Asia-Pacific and Latin America, offering significant growth potential for transplant diagnostics.
Developments in Personalized MedicineThe increasing popularity of precision diagnostics and personalized medicine offers prospects for the creation of customized transplant diagnostic solutions that are aimed at meeting the specific requirements of each patient.
Increased Emphasis on Non-Invasive DiagnosticsGrowing demand for minimal pain, faster recovery, low hospital expenditure, and short period of hospital stay is surging demand for minimally invasive procedures or non-invasive diagnostics. Examples of these non-invasive transplant diagnostics include liquid biopsies and biomarker-based assays.
Integration of AI and Machine LearningCombining artificial intelligence (AI) and machine learning algorithms with transplant diagnostics can improve patient outcomes, speed up data analysis, and increase diagnostic accuracy—all of which can lead to market expansion.
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Global Transplant Diagnostics Market Regional Analysis
Here is a more detailed regional analysis of the Transplant Diagnostics Market
Asia Pacific
In the Asia Pacific region, the Transplant Diagnostics Market is witnessing significant growth as there is increase in prevalence of chronic diseases leading to a higher demand for organ transplants.
Advancements in healthcare infrastructure and rising healthcare expenditure are contributing to the market’s expansion.
The growing awareness about the benefits of early diagnosis and personalized treatment plans is fueling the demand for transplant diagnostics solutions in this region.
North America
In North America, the Transplant Diagnostics Market is experiencing robust growth with high prevalence of chronic diseases such as diabetes, kidney disorders, and liver diseases, which often necessitate organ transplantation.
This region has a well-established healthcare infrastructure and a high adoption rate of advanced medical technologies, which contribute to the demand for transplant diagnostics solutions.
The region has a favorable regulatory environment and significant investments in research and development, fostering innovation in transplant diagnostics. The stringent regulations along with the demand for organ transplantation is helping the region retain its dominance in the market.
Global Transplant Diagnostics MarketSegmentation Analysis
The Global Transplant Diagnostics Market is segmented on the basis on Technology, Product and Service, End-User, and Geography.
Transplant Diagnostics Market, Technology
Molecular Array
Polymerase Chain Reaction (PCR)
Next-Generation Sequencing (NGS)
Non-Molecular Array
Flow Cytometry
Serological Tests
Based on Technology, the market is segmented into Molecular Array and Non-Molecular Array. The molecular array is expected to hold a dominant share in the global Transplant Diagnostics Market. The high demand for accuracy and valid and detailed information is increasing the adoption of molecular array in the academic institutes, research laboratories, hospitals, and commercial service providers.
Transplant Diagnostics Market, Product and Service
Instruments
Reagents
Controls And consumables
Software And services
Based on Products and Services, the market is segmented into Instruments, Reagents, Controls And Consumables, and Software And services. Currently, the reagents and consumables segment generates maximum revenue. The SMEs claim that the rising demand for organ transplants is driving up the price of transplant diagnostics. Additionally, because of their potential, the bulk of transplant diagnostic producers and distributors concentrate more on growing markets.
Transplant Diagnostics Market, End-User
Hospitals And Transplants Centers
Research And Academic Institutes
Laboratories
Based on End-Users, the market is segmented into Hospitals And Transplants Center, Laboratories, and Research And Academic Institutes. Hospitals and transplant centers have experienced tremendous expansion, which is attributable to the rise in demand for transplant items such as immunosuppressants, tissue products, and organ preservation techniques as well as technological improvements. Rising rates of acute illnesses that cause organ failure and transplant firms focusing more on brand protection are two additional factors driving the market’s expansion.
Key Players
The “Global Transplant Diagnostics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Becton Dickinson and Company, Bio-Rad Laboratories Inc., Illumina Inc., Immucor Transplant Diagnostics Inc., Thermo Fisher Scientific Inc., CareDx, Affymetrix Inc., Linkage Biosciences, Abbott Laboratories Inc., BioMérieux S.A., QIAGEN NV., Abbott Laboratories Inc., F. Hoffmann-LA Roche Ltd., Olerup SSP AB, and Sigma-Aldrich.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Transplant Diagnostics Market Recent Developments
In February 2023, Becton, Dickinson and Company announced the U.S. Food and Drug Administration (FDA) market approval for the BD Onclarity HPV Assay to be used with the ThinPrep Pap Test. The inclusion of the ThinPrep Pap Test improves access to the benefits of the BD human papillomavirus virus (HPV) assay, which is the only FDA-approved assay that tests for an extended set of HPV types individually. This strategic move will support the company to penetrate the large and growing molecular diagnostics market through providing additional testing solutions.
In May 2022, Hologic received approval from the Food and Drug Administration for an assay to quantify the viral load of cytomegalovirus (CMV) in solid organ or stem cell transplant patients. Hologic is also planning to work toward approvals of transplant assays for other pathogens including the BK virus and Epstein-Barr virus to provide quantitative assessments of potential threats to patients. This product approval assisted the company in augmenting its transplant diagnostics portfolio.
In March 2022, Immucor, Inc., a company focused on transfusion and transplantation diagnostics, announced two additions to its transplant diagnostics portfolio, demonstrating its ongoing commitment to new advancements in the field of histocompatibility.
In March 2022, Biocartis and Ophiomics entered into a collaboration to focus on the commercialization of HepatoPredict, a prognostic gene expression signature test to identify which patients will benefit from liver transplantation.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2031
BASE YEAR
2023
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Becton Dickinson and Company, Bio-Rad Laboratories Inc., Illumina Inc., Immucor Transplant Diagnostics Inc., Thermo Fisher Scientific Inc., CareDx, Affymetrix Inc.
SEGMENTS COVERED
By Technology, By Product and Service, By End-User, and By Geography
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