
Published On: Sep 2022
Published On: Sep 2022
At 6.7% CAGR, the South and Central America Human Leukocyte Antigen (HLA) Testing Market is projected to be worth US$ 67.38 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the South and Central America human leukocyte antigen (HLA) testing market was valued at US$ 45.71 million in 2022 and is expected to reach US$ 67.38 million by 2028, registering an annual growth rate of 6.7% from 2022 to 2028. Increasing plasma donation and organ transplants procedures and increasing applications of HLA testing for human leukocyte antigen (HLA) testing are the critical factors attributed to the market expansion.
Human leukocyte antigens (HLAs) are the specialized proteins present on all cell surfaces of the human body, except red blood cells. HLA testing has significant application in organ transplantation, which can be recommended as a part of the treatment of kidney failure, chronic liver cirrhosis, and chronic heart disease, among other medical issues. The growing prevalence of chronic diseases and organ failure leads to high demand for organ transplant procedures, as well as HLA testing. Before transplantation, HLA testing is performed to check tissue compatibility between patients and donors to avoid graft rejection. Governments of various countries are taking initiatives to spread awareness about the need for organ donation and the benefits of organ transplantation in certain treatment procedures. Thus, the growing demand for organ transplantation leads to the requirement of a more substantial number of HLA testing kits and consumables, which drives the growth of the HLA testing market.
On the contrary, increasing accuracy errors of South and Central America human leukocyte antigen (t.
Based on product & services, based on product market is segmented into reagents & consumables, instruments, and software & services. The Reagents & consumables segment held 51.94% market share in 2022, amassing US$ 23.74 million. It is projected to garner US$ 35.74 million by 2028 to expand at 7.1% CAGR during 2022–2028.
Based on technology, the South and Central America human leukocyte antigen (t is divided into molecular assay technologies and non-molecular assay technologies. The molecular assay technologies sub segmented into PCR-based molecular assays, sequencing-based molecular assays and others. The molecular assay technologies, segment held 83.51% market share in 2022, amassing US$ 38.17 million. It is projected to garner US$ 56.86 million by 2028 to expand at 6.9% CAGR during 2022–2028.
Based on end user, the South and Central America human leukocyte antigen (HLA) testing market is divided into independent reference laboratories, hospital and transplant centers, and others. The independent reference laboratories segment held 47.76% market share in 2022, amassing US$ 21.83 million. It is projected to garner US$ 31.88 million by 2028 to expand at 6.5% CAGR during 2022–2028.
Based on country, the South and Central America human leukocyte antigen (HLA) testing market has been categorised into the Brazil, Argentina and Rest of South and Central America. Our regional analysis states that Brazil captured 58.76% market share in 2022. It was assessed at US$ 26.86 million in 2022 and is likely to hit US$ 39.90 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.
Key players dominating the South and Central America human leukocyte antigen (HLA) testing market are THERMO FISHER SCIENTIFIC INC.; CareDx; QIAGEN; Illumina; Bio-Rad Laboratories, Inc.; F. HOFFMANN-LA ROCHE LTD.; and Takara Bio Inc. among others.
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