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The transplant diagnostics market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 8%, as per The Business Research Company’s market report!

Read More On The Transplant Diagnostics Market Report 2022 – https://www.thebusinessresearchcompany.com/report/transplant-diagnostics-global-market-report

The Transplant Diagnostics Market Size In 2022 And Forecast

The global transplant diagnostics market is expected to grow from $1.53 billion in 2021 to $1.66 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The transplant diagnostics market is expected to grow to $2.25 billion in 2026 at a CAGR of 7.9%.

The transplant diagnostics market consists of sales of transplant diagnostics test products and related services.

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Rise In Incidents Of Acute Diseases Is Driving The Growth Of The Transplant Diagnostics Market

According to US department of health and human service in the year 2019, 39,718 transplants were performed. Moreover, according to HRSA, more than 113,000 people are on the waiting list for the organ transplant in 2019. According to Health Resources and Services Administration, as of 2019, every 10 minutes a person is being added to this waiting list for organ transplants. This high demand for diagnostic tests is driving the transplant diagnostics market.

Competitive Landscape And The Regional Analysis Of The Transplant Diagnostics Market

Major players in the transplant diagnostics market are Thermo Fisher ScientificInc., Illumina Inc., F. Hoffmann La-Roche AG., Abbott LaboratoriesInc., Qiagen N.V., Immucor Transplant Diagnostics Inc., Bio-rad Laboratories Inc., Omixon Ltd., CareDx, Affymetrix Inc., and GenDx.

The Transplant Diagnostics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the transplant diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the transplant diagnostics market.

Using Next-Generation Sequencing For Conducting Tests – A Key Trend In The Transplant Diagnostics Market

Companies in the transplant diagnostics market are using Next Generation Sequencing (NGS) for conducting tests to match organ donors and recipients. NGS technology allows the sequencing of an entire human genome, i.e. millions of DNA molecules within a single day. In Next-generation sequencing (NSG), genes are matched between the donor and recipient and depending on the extent of the match, a decision to perform organ transplantation is made. Nearly all transplant diagnostic tests and devices currently use this technology to decide on organ transplantation.

Transplant Diagnostics Market Segmentation By The Business Research Company

1) By Type: Reagent & Consumables, Instrument, Software & Services

2) By Transplant Type: Solid Organ, Stem Cell

3) By End Users: Hospitals and Transplant Centers, Research Laboratories & Transplant Centers, Commercial Service Providers

4) By Technology: Non-Molecular Assay, Molecular Assay

5) By Organ: Kidney, Liver, Heart, Lung, Pancreas

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