The HLA typing for the transplants market is projected to reach USD 968 million by 2025 from USD 656 million in 2019, at a CAGR of 6.7%. The growth of this market is primarily driven by the increasing number of transplantation procedures, technological advancements in the field of HLA typing, increasing public-private funding for target research activities, and the growing burden of infectious diseases that are driving the growth of the HLA typing for transplants market. These factors have prompted market players to improve and strengthen their current manufacturing and distribution capabilities—especially in emerging markets, which are expected to witness the highest growth.
Key Market Players
Some prominent players in the HLA typing for the transplants market are Thermo Fisher Scientific Inc. (US), QIAGEN N.V. (Netherlands), Illumina (US), Care Dx (US), and Immucor, Inc. (US). An analysis of the developments in the HLA typing for the transplants market from 2016–2019 showed that product launches, expansions, agreements, partnerships, collaborations, and acquisitions were the most widely adopted growth strategies in the market.
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Thermo Fisher Scientific is the leading player in the global HLA typing for the transplants market. The company has a broad range of automated instruments for antibody screening and analysis, semi-automated systems for serological assays, standalone systems reagents for molecular and non-molecular assay procedures, including HLA typing products for transplant. The company focuses on launching technologically advanced products to maintain its leadership in the HLA typing for the transplants industry. Furthermore, the company focuses on strengthening its revenue growth and brand positioning by adopting strategies such as acquisitions and expansions. Pertaining to this, Thermo Fisher Scientific acquired several companies to enhance its presence in the market further. These acquisitions enabled the company to expand and strengthen its genomic analysis product portfolio as well as develop innovative diagnostic technologies.
QIAGEN ((Netherlands) holds a leading position in the HLA typing for the transplant industry due to its vast product portfolio in molecular diagnostics and analytics. Over the years, the company has focused on multiple growth strategies, such as agreements, collaborations, and product launches. Along with this, the company has maintained continuous leadership in the HLA typing for the transplants industry with its huge consumer base. It has also strengthened its RD capabilities for the development of innovative HLA typing products for transplants to expand its consumer base and offer novel products.
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Key Questions Addressed by the Report:
- What are the growth opportunities related to the adoption of HLA typing for transplant products across significant regions in the future?
- Emerging countries show immense opportunities for the growth and adoption of HLA typing for transplant instruments, related reagents consumables, and software. Will this scenario continue in the next five years?
- Where will the advancements in products offered by various companies take the industry in the mid- to long-term?
- What are the newest trends and advancements in the HLA typing for the transplants market?
HLA Typing for Transplant Market Advantages:
- Improved Organ Matching: HLA typing for transplant can improve organ matching by providing accurate results that can help to identify the right donor for an individual patient. This can help to reduce the risk of organ rejection and improve the chances of successful organ transplantation.
- Cost Savings: HLA typing for transplant can help to reduce the cost associated with organ transplantation by ensuring that the right donor is identified quickly and efficiently. This can help to reduce the need for expensive tests that may not be necessary if the right organ donor is identified quickly.
- Improved Quality of Life: With the improved organ matching that is provided by HLA typing for transplant, patients can experience improved quality of life after transplantation. This improved quality of life can help to reduce the risk of complications from the transplant and improve the patient's overall health and wellbeing.
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https://www.marketsandmarkets.com/Market-Reports/global-transplant-diagnostics-market-2531061.html
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