Global HLA Typing for Transplant Market is likely to grow at CAGR of around 12% and will exceed over USD 1.0 billion by 2024.
Global HLA Typing for Transplant Market growth is primarily driven by increasing demand for organ transplantation. Other factors such as rising aging population, and an increasing number of aged donors for the transplantation also drive the market for Global HLA Typing for Transplant Market through the forecast period.
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Global HLA Typing for Transplant Market Overview, By Region North America expected to have larger market share due to rising demand for organ transplantation in the region. Another major factor that drives the HLA typing for the transplant market in this region is rising life expectancy and rising aged population. The factors including easy availability and increasing adoption of advanced diagnostic technologies such as PCR and NGS, and rising chronic diseases such as cancer, heart failure, and renal diseases in U.S. and Canada, also drive the market for HLA Typing for Transplant through the forecast period.
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According to the new market research report " HLA Typing for Transplant Market by Technology (SSO-PCR, SSP-PCR, NGS, Sanger’s Sequencing), Products & Services (Instruments, Reagents, Software), Application (Diagnostics, Research), End User (Hospitals, Academia, Diagnostic Center) - Forecast to 2021", published by MarketsandMarkets™,The global HLA typing for transplant market is projected to reach USD 753.9 Million by 2021 from USD 535.0 Million in 2016, at a CAGR of 7.1% from 2016 to 2021.Don’t miss out on business opportunities in HLA Typing for Transplant Market, visit: https://www.marketsandmarkets.com/requestsampleNew.asp?id=96374742Browse and in-depth TOC on " HLA Typing for Transplant Market " 60 - Figures 203 - Pages Get Free 10% customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=96374742 This report studies the global HLA typing for transplant market over the forecast period of 2016 to 2021.Market growth can be attributed to factors such as the rising number of solid organ, soft tissue, and stem cell transplantations; technological advancements in the field of organ transplantation; increased funding, research grants, and public-private investments; technological shift from serological assays to gene-based HLA profiling; and improving healthcare infrastructure across developing countries.To know about the assumptions considered for the study, download the pdf brochure@https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96374742Growth in the sequencing-based molecular assay segment is mainly driven by the growing market demand for high-throughput DNA sequencers in HLA typing, rising end-user preference for low-cost and efficient DNA sequencing technologies, expansion in application horizons of NGS in tissue typing, and increasing usage of NGS systems among researchers and diagnostic laboratories.
The PCR-based molecular assay segment is expected to hold a larger share of the global HLA typing for transplant market for molecular assay technology in 2016.
The study involved four major activities in estimating the current size of the HLA typing for the transplants market.
Exhaustive secondary research was conducted to collect information on the market and its different subsegments.The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.
Both top-down and bottom-up approaches were employed to estimate the total market size.
After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.Key Factors Driving Market Growth:The demand for transplant diagnostic products is expected to grow mainly due to factors such as the increasing public-private funding for target research activities, the growing burden of infectious diseases, the growing number of transplant procedures, and technological advancements in the field of transplant diagnostics.Revenue Growth Analysis:The HLA typing for the transplants market is expected to reach USD 968 million by 2025 from USD 656 million in 2019, at a CAGR of 6.7%Don’t miss out on business opportunities in HLA typing for transplants marketThe HLA typing for transplants market comprises several stakeholders such as original equipment manufacturers (OEMs), product distributors and channel partners, hospitals and transplant centers, emergency care units and trauma centers, diagnostic laboratories, contract manufacturers and third-party suppliers, research laboratories and academic institutes, clinical research organizations (CROs), government and non-governmental regulatory authorities, and market research and consulting firms.
Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.Browse in-depth TOC on “HLA Typing for Transplant Market”141 – Tables36 – Figures193 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96374742The HLA typing for the transplants market, by technology, is segmented into molecular and non-molecular assay technologies.
In 2019, the molecular assay technologies segment accounted for the largest share of the HLA typing for the transplants market.
