PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339263
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339263
The global transplant monitoring kits market size is expected to reach USD 7,723.22 million by 2032, according to a new study by Polaris Market Research. The report "Transplant Monitoring Kits Market Share, Size, Trends, Industry Analysis Report, By Product Type (Reagents & Consumables, Instruments, and Software & Services); By Technology; By Transplant; By Application; By End User; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising awareness regarding transplantation is one of the major factors likely to drive the market rapidly. Several programs and initiatives related to transplant monitoring kits aim to improve patient outcomes and advance the field of transplantation. Transplant Genomics is a company that focuses on developing noninvasive diagnostic tests for transplant monitoring. In addition, under the direction of the Organ Procurement and Transplantation Network, the Membership and Professional Standards Committee (MPSC) evaluates the effectiveness of transplantation programs. Subsequently, such initiatives and programs enhance the demand for monitoring kits worldwide.
The rising prevalence of organ failure and the growing demand for organ transplantation procedures drive the need for effective monitoring tools. As more organ transplants are performed worldwide, the demand for transplant monitoring kits increases. Such a broadening rate of organ transplantation is significantly fueling the market's growth worldwide.
Molecular assay technology is anticipated to record the largest market share in the year of 2022 as it offers several advantages in transplant monitoring
Reagent and consumables segment held largest share in the global market. These are essential components of transplant monitoring kits as they contain the necessary chemicals, antibodies, probes, and other materials required for performing the molecular assays and tests.
Soft tissue segment is expected to expand with fastest CAGR during the forecast period. These procedures are used in a variety of medical specialties, including orthopedic surgery, plastic surgery, and reconstructive surgery.
Diagnostic application is accounting largest market share of the global revenue in the fiscal year of 2022. This is linked to the personalized medicine approach, increasing transplantation procedures, and many other factors
Independent Reference Laboratories garnered largest market share of the global revenue in 2022. This segment plays an important role in providing specialized testing services and support for transplant monitoring
North America held the largest share as of 2022 due to advanced healthcare infrastructure, and increasing research and development
The global players include: CareDx, Biogenuix Medsystems, Thermo Fisher Scientific, Eurofins Scientific, JETA Molecular, ELITech, QIAGEN, Hologic, Natera, Roche, Bio-Rad Laboratories, Genome Diagnostics, and Sanbio.
Polaris Market Research has segmented the Transplant Monitoring Kits market report based on product type, technology, transplant, application, end user, and region: