According to a new market research study titled ‘Transplant Diagnostics Market to 2027 – Global Analysis and Forecasts by Product & Services, Type, Technology, Application, and End User’. The global transplant diagnostics market is expected to reach US$ 1,542.89 Mn in 2027 from US$ 789.88 Mn in 2018. The market is estimated to grow with a CAGR of 7.9% from 2019-2027. The report highlights the trends prevalent in the global transplant diagnostics market and the factors driving the market along with those that act as deterrents to its growth.

Global transplant diagnostics market, based on application was segmented as, diagnostic applications and research applications. In 2018, diagnostic applications segment held the largest share of the market, by application. Moreover, the segment is expected to grow at the fastest rate during the coming years owing to the prevalence of infectious as well as chronic diseases, leading to the demand for an organ transplant.

Transplant diagnostics refers to the diagnostics tests that are conducted on the organs that are meant to be transplanted. These tests are either conducted pre transplantation as well as post transplantation. Some of the common techniques used in transplant diagnostics include, sequence based molecular assays, PCR based molecular assays and also non-molecular assays in certain cases. Transplant diagnostics is an essential factor in organ transplantation as it avoids any further complications that could occur after a transplant procedures

The players in the market are adopting various inorganic as well as organic growth strategies for their individual growth and thus enabling growth of the overall market. The vital players in the transplant diagnostics devices market focus on various growth strategies to strengthen their presence and garner major market share across the globe. Some of the notable players in the global transplant diagnostics market include, Thermo Fisher Scientific Inc., Abbott, Illumina, Inc., F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc., bioMérieux SA, QIAGEN, Hologic Inc., Luminex Corporation, and Omixon Inc. Major market players within the recent years, have been observed to invest a substantial amount towards the development of new products. This implies a bright picture on the type of strategies majorly incorporated by the market players to sustain their positions as well as to generate increased growth revenue in the transplant diagnostics market. The global leaders in the market have also been adopting product launches and product up-gradation as one of the key strategy to improve its product lines in order to build up a customer centric benefits to its end users and enhance its geographic diversification.

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