The transplant diagnostic market is projected to reach USD 6.8 billion in 2028 from USD 4.4 billion in 2022 with a CAGR of 7.4% during the forecast period. The high prevalence of infectious diseases, rising government funding and initiatives for transplant diagnostic programs, technological developments for different organ transplant and initiatives by an individual to donate organs is attributing to the growth of the transplant diagnostic market.

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Transplant Diagnostics Market Dynamics

Drivers: Increasing number of transplant procedures.

The rising adoption of several technologies and screening tests, genomic profiling and cross-matching are making transplants a suitable way of giving life or rebirth of the individual. The rising number of transplant procedures across major countries can be attributed to the rising CAGR of the transplant market. For instance, in the U.S 41,354 organ transplants were carried out in 2021, France 5,273 organ transplants

Opportunities: Growing public awareness about organ donation and transplantation.

the American Transplant foundation organized a fundraising event namely DLA Awards to support programs that promote public awareness related to organ donations and transplantations In 2021, the Organ receiving and giving awareness network (India) conducted an awareness program that aimed to strengthen public willingness to donate organs for transplantation procedures in India.

Challenges: Significant gap between number of organs donors and organs required.

There is a significant gap between number of organs donated annually and number of organs donations required. The limited number of organs donated annually across the globe is primarily due to strict government enforcement and limited medical reimbursements for living organ donors and lack of awareness about organ donations.

Restraints: High procedural cost of NGS and PCR-based diagnostic assays

Transplant diagnostic procedures for Histocompatibility tests, blood profiling, genomic profiling are conducted through specialized molecular diagnostic platforms that consists of several advanced technologies.

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North America  to register major growth in the market during the forecast period

North America transplant diagnostic market is anticipated to register the highest growth over the forecast period of 2022 to 2028. North America accounted for the largest share of 45.5% of the transplant diagnostic market in 2022. This market is projected to reach USD 3.1 billion by 2028 from USD 2.0 billion in 2022, at a CAGR of 7.6% during the forecast period. North America holds 45.5% share of the total antimicrobial susceptibility testing market.

Key Market Players

Prominent players are Becton, Dickinson and Company, Biomerieux SA, Bio-Rad Laboratories, Inc.F-Hoffman-LA-Roche, and Thermo fisher Scientific.

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