HLA Typing Market Growth Forecasted to Reach $1.9 Billion by 2029


Posted May 30, 2024 by Pratiksha

The global HLA Typing market is poised for significant growth, with projections indicating a substantial expansion by 2029.
 
Meticulous Research®, a distinguished authority in global market research, has recently published a comprehensive report titled "HLA Typing Market by Product, Technology, Application, End User, and Geography - Global Forecast to 2029." This insightful publication sheds light on the dynamics of the HLA typing market, offering valuable insights for stakeholders and industry players alike.
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Forecasted Growth
According to Meticulous Research®, the global HLA typing market is poised to exhibit substantial growth, with a projected CAGR of 5.6% during the forecast period, culminating in a valuation of $1.9 billion by 2029. This growth trajectory is primarily fueled by an upsurge in organ transplant procedures worldwide and significant advancements in HLA typing technologies. Furthermore, the burgeoning awareness surrounding organ donation presents promising avenues for market expansion. However, challenges such as the high costs associated with molecular techniques and organ shortages pose formidable obstacles to market growth.
Future Outlook
The report delves into various segments of the global HLA typing market, including Product, Technology, Application, End User, and Geography, providing a comprehensive analysis of each facet. Notably, the study evaluates industry competitors and conducts a thorough examination of regional and country-specific markets.
Key Findings
Product Segment: In 2022, the consumables segment emerged as the dominant force in the HLA typing market, driven by the increasing adoption of molecular assay techniques and the growing emphasis on patient profiling for organ transplantation.
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Technology Segment: Molecular technologies held sway in 2022, owing to advancements in molecular assays and their superior benefits over non-molecular techniques. The efficiency, turnaround times, and real-time analysis capabilities of molecular assays contribute significantly to their widespread adoption.
Application Segment: Diagnostics claimed the largest market share in 2022, propelled by the escalating use of HLA typing in disease diagnosis and the rising incidence of infectious and chronic ailments globally.
End User Segment: Diagnostic laboratories led the market in 2022, conducting a substantial portion of HLA typing procedures. Outsourcing of diagnostic capabilities by hospitals further bolstered the dominance of diagnostic laboratories in the market landscape.
Geographical Analysis: North America emerged as the frontrunner in 2022, closely followed by Europe and Asia-Pacific. Factors such as the prevalence of cancer and autoimmune diseases, coupled with government funding initiatives, bolstered the North American market's growth.
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Key Players:
Leading players in the global HLA typing market include Thermo Fisher Scientific Inc., Bio-rad Laboratories, Qiagen N.V., Genome Diagnostics B.V. (GenDx), Illumina, Inc., CareDx, Immucor Inc., TBG Diagnostics Limited, BAG Diagnostic GmbH, Omixon Inc., Luminex Corporation, innotrain Diagnostik GmbH, Pacific Biosciences of California, Inc., and Fujirebio Holdings, Inc.
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Categories Business , Health , Medical
Tags hl atyping market , hl agenotyping , hl asequencing
Last Updated May 30, 2024