The HLA Typing Market is expected to register a CAGR of 6.7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The HLA Typing Market report covers segmental analysis by Technology (Molecular Assays, Non-Molecular Assays); Product and Service (Instruments, Reagents and Consumables, Software and Services); Application (Diagnostic Applications, Research Applications); End User (Hospitals and Transplant Centers, Commercial Service Providers, Research Laboratories and Academic Institutes), and Geography (North America, Europe, Asia Pacific, and South and Central America). The global analysis is further broken down at the regional level and major countries
Purpose of the ReportThe report HLA Typing Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
HLA Typing Market Segmentation
Technology- Molecular Assays
- Non-Molecular Assays
- Instruments
- Reagents and Consumables
- Software and Services
- Diagnostic Applications
- Research Applications
- Hospitals and Transplant Centers
- Commercial Service Providers
- Research Laboratories and Academic Institutes
Strategic Insights
HLA Typing Market Growth Drivers- Rising Demand for HLA Typing in Forensic Applications: It further on goes to harness the application areas of HLA Typing in forensic science which has been working on the methodology of identification of individual subjects and within criminal investigations, whose practice of the genetic information results into a growing rise in the need for HLA typing services as well as connected technologies. An elevated field from law enforcement and the applications from the judicial domain give a birth to the rising demand of its market.
- Increased Awareness of Genetic Testing: A variety of factors fuel the demand for HLA typing, which include growing awareness and uptake of genetic testing to prevent disease, identify carriers, and determine ancestry. The market scope is generally increasing in light of popular usage by people who have become more proactive about their health and genetics.
- Enhanced Availability of HLA Typing Services: The advent of more HLA typing services from hospitals, diagnostic laboratories, and specialized centers makes it easier for patients and healthcare providers to choose these solutions for various clinical applications. The increase in access to HLA typing services broadens this field of the market, stimulating growth because these technologies will be made accessible to a greater population.
- Next-Generation Sequencing (NGS) as the Standard Technique: The future gold standard in HLA typing will be provided by next-generation sequencing, with the ability to offer high-resolution, accurate, and comprehensive results. The dominance of NGS technologies will further increase in the HLA Typing Market as they provide more detailed insights into genetic variations and make matching more precise for organ transplantation, bone marrow donation, and autoimmune disease research. The decline in the cost of NGS and increasing availability will promote its adoption in hospitals, diagnostic labs, and research institutes.
- Personalized Medicine and HLA Typing in Cancer Treatment: The growing field of personalized medicine, especially in the field of oncology, will profoundly impact the HLA Typing Market. With HLA typing being critical to identifying patients suitable for personalized treatments in cancer through immune checkpoint inhibitors and targeted therapy, increased adoption of precision medicine, especially for immuno-oncology purposes, will require more extensive implementation of HLA typing in treatment procedures, thus paving the way for market growth within the oncology segment.
- Expansion of HLA Typing in Genetic Testing for Disease Prediction: The demand for genetic testing will grow further as the importance of preventing diseases, screening carriers, and early diagnosis grows. The role of HLA typing in genetic testing is also going to grow in leaps and bounds, as the consumers will understand the significance of genetic information for personalized health care. In both clinical settings and consumer health markets, adoption of HLA Typing Market will be seen in increased usage of HLA tests in predicting susceptibility to autoimmune diseases, chronic conditions, and adverse drug reactions.
- HLA Typing in Forensic and Paternity Testing: Forensic science is increasingly relying on genetic analysis, and HLA typing plays a significant role in human identification. The future of the HLA Typing Market will see further applications in forensic testing, paternity testing, and other legal investigations. As genetic data becomes a crucial tool for solving crimes and establishing biological relationships, the demand for HLA typing in these sectors will continue to rise, contributing to market growth in forensic and legal domains.
- Increased Collaboration Between Public and Private Sectors: Public-private partnerships will play a key role in the future of the HLA Typing Market. Governments, research institutions, and private companies will collaborate to improve the availability, affordability, and accessibility of HLA typing technologies. These collaborations will facilitate the development of new products, expand research into novel applications, and increase the reach of HLA typing services to underserved regions, driving global market expansion.
- Focus on Ethical, Legal, and Social Implications (ELSI) of HLA Typing: Forensic science heavily depends on genetic analysis, and HLA typing holds a vital place in human identification. Further, the future for the HLA Typing Market will include much more application areas in forensic testing, paternity testing, and many other legal investigation cases. Given that genetic information is increasingly serving as a necessary tool in the solving of crimes and in establishing biological relationships, it is evident that the demand for HLA typing in these markets will increase further to support market growth in forensic and legal domains.Public-private partnerships will play a key role in the future of the HLA Typing Market. Governments, research institutions, and private companies will collaborate to improve the availability, affordability, and accessibility of HLA typing technologies. These collaborations will facilitate the development of new products, expand research into novel applications, and increase the reach of HLA typing services to underserved regions, driving global market expansion.Increased concentration will be done on the ethical, legal and social implications or ELSI of genetic testing and data sharing with the emergence of the market of HLA Typing, due to this HLA typing could provide the sensitive information on individuals' health, ancestry and predispositions based upon genetic. In order to gain that, regulating and safeguarding of genetic data becomes a critical need. Development of frameworks for protecting privacy and ensuring ethical use of HLA data will be the most critical factors in sustainable growth of the market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the HLA Typing Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the HLA Typing Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The HLA Typing Market is expected to register a CAGR of 6.7% from 2025-2031.
The major factors impacting the HLA Typing Market are: Rising Demand for HLA Typing in Forensic Applications, Increased Awareness of Genetic Testing and Enhanced Availability of HLA Typing Services
Key future trends in this market are - Next-Generation Sequencing (NGS) as the Standard Technique, Personalized Medicine and HLA Typing in Cancer Treatment and Expansion of HLA Typing in Genetic Testing for Disease Prediction
Key companies of this market are: Thermo Fisher Scientific, Agilent Technologies, Inc., Abbott, QIAGEN N.V., Illumina, Inc., Bio-Rad Laboratories, Inc., Immucor, Inc., CareDx Inc., F. Hoffmann-La Roche Ltd, Pacific Biosciences of California, Inc.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 HLA Typing Market - By Technology
1.3.2 HLA Typing Market - By Product and Service
1.3.3 HLA Typing Market - By Application
1.3.4 HLA Typing Market - By End User
1.3.5 HLA Typing Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HLA TYPING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HLA TYPING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. HLA TYPING MARKET - GLOBAL MARKET ANALYSIS
6.1. HLA TYPING - GLOBAL MARKET OVERVIEW
6.2. HLA TYPING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HLA TYPING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. MOLECULAR ASSAYS
7.3.1. Overview
7.3.2. Molecular Assays Market Forecast and Analysis
7.3.3. PCR-Based Molecular Assays Market
7.3.3.1. Overview
7.3.3.2. PCR-Based Molecular Assays Market Forecast and Analysis
7.3.3.1. Overview
7.3.3.2. PCR-Based Molecular Assays Market Forecast and Analysis
7.3.3.2.1. Sequence-Specific Primer (SSP)-PCR
7.3.3.2.1.1 Overview
7.3.3.2.1.2 Sequence-Specific Primer (SSP)-PCR Market Forecast and Analysis
7.3.3.3.1. Sequence-Specific Oligonucleotide (SSO)-PCR
7.3.3.3.1.1 Overview
7.3.3.3.1.2 Sequence-Specific Oligonucleotide (SSO)-PCR Market Forecast and Analysis
7.3.4. Sequencing-Based Molecular Assays Market
7.3.4.1. Overview
7.3.4.2. Sequencing-Based Molecular Assays Market Forecast and Analysis
7.3.4.2.1. Sanger Sequencing
7.3.4.2.1.1 Overview
7.3.4.2.1.2 Sanger Sequencing Market Forecast and Analysis
7.3.4.2.2. Next-Generation Sequencing (NGS)
7.3.4.2.2.1 Overview
7.3.4.2.2.2 Next-Generation Sequencing (NGS) Market Forecast and Analysis
7.4. NON-MOLECULAR ASSAYS
7.4.1. Overview
7.4.2. Non-Molecular Assays Market Forecast and Analysis
7.4.3. Serological Assays Market
7.4.3.1. Overview
7.4.3.2. Serological Assays Market Forecast and Analysis
7.4.4. Mixed Lymphocyte Culture (MLC) Assays Market
7.4.4.1. Overview
7.4.4.2. Mixed Lymphocyte Culture (MLC) Assays Market Forecast and Analysis
8. HLA TYPING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT AND SERVICE
8.1. OVERVIEW
8.2. PRODUCT AND SERVICE MARKET FORECASTS AND ANALYSIS
8.3. INSTRUMENTS
8.3.1. Overview
8.3.2. Instruments Market Forecast and Analysis
8.4. REAGENTS AND CONSUMABLES
8.4.1. Overview
8.4.2. Reagents and Consumables Market Forecast and Analysis
8.5. SOFTWARE AND SERVICES
8.5.1. Overview
8.5.2. Software and Services Market Forecast and Analysis
9. HLA TYPING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. DIAGNOSTIC APPLICATIONS
9.3.1. Overview
9.3.2. Diagnostic Applications Market Forecast and Analysis
9.4. RESEARCH APPLICATIONS
9.4.1. Overview
9.4.2. Research Applications Market Forecast and Analysis
10. HLA TYPING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS AND TRANSPLANT CENTERS
10.3.1. Overview
10.3.2. Hospitals and Transplant Centers Market Forecast and Analysis
10.4. COMMERCIAL SERVICE PROVIDERS
10.4.1. Overview
10.4.2. Commercial Service Providers Market Forecast and Analysis
10.5. RESEARCH LABORATORIES AND ACADEMIC INSTITUTES
10.5.1. Overview
10.5.2. Research Laboratories and Academic Institutes Market Forecast and Analysis
11. HLA TYPING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America HLA Typing Market Overview
11.1.2 North America HLA Typing Market Forecasts and Analysis
11.1.3 North America HLA Typing Market Forecasts and Analysis - By Technology
11.1.4 North America HLA Typing Market Forecasts and Analysis - By Product and Service
11.1.5 North America HLA Typing Market Forecasts and Analysis - By Application
11.1.6 North America HLA Typing Market Forecasts and Analysis - By End User
11.1.7 North America HLA Typing Market Forecasts and Analysis - By Countries
11.1.7.1 United States HLA Typing Market
11.1.7.1.1 United States HLA Typing Market by Technology
11.1.7.1.2 United States HLA Typing Market by Product and Service
11.1.7.1.3 United States HLA Typing Market by Application
11.1.7.1.4 United States HLA Typing Market by End User
11.1.7.2 Canada HLA Typing Market
11.1.7.2.1 Canada HLA Typing Market by Technology
11.1.7.2.2 Canada HLA Typing Market by Product and Service
11.1.7.2.3 Canada HLA Typing Market by Application
11.1.7.2.4 Canada HLA Typing Market by End User
11.1.7.3 Mexico HLA Typing Market
11.1.7.3.1 Mexico HLA Typing Market by Technology
11.1.7.3.2 Mexico HLA Typing Market by Product and Service
11.1.7.3.3 Mexico HLA Typing Market by Application
11.1.7.3.4 Mexico HLA Typing Market by End User
11.2. EUROPE
11.2.1 Europe HLA Typing Market Overview
11.2.2 Europe HLA Typing Market Forecasts and Analysis
11.2.3 Europe HLA Typing Market Forecasts and Analysis - By Technology
11.2.4 Europe HLA Typing Market Forecasts and Analysis - By Product and Service
11.2.5 Europe HLA Typing Market Forecasts and Analysis - By Application
11.2.6 Europe HLA Typing Market Forecasts and Analysis - By End User
11.2.7 Europe HLA Typing Market Forecasts and Analysis - By Countries
11.2.7.1 Germany HLA Typing Market
11.2.7.1.1 Germany HLA Typing Market by Technology
11.2.7.1.2 Germany HLA Typing Market by Product and Service
11.2.7.1.3 Germany HLA Typing Market by Application
11.2.7.1.4 Germany HLA Typing Market by End User
11.2.7.2 France HLA Typing Market
11.2.7.2.1 France HLA Typing Market by Technology
11.2.7.2.2 France HLA Typing Market by Product and Service
11.2.7.2.3 France HLA Typing Market by Application
11.2.7.2.4 France HLA Typing Market by End User
11.2.7.3 Italy HLA Typing Market
11.2.7.3.1 Italy HLA Typing Market by Technology
11.2.7.3.2 Italy HLA Typing Market by Product and Service
11.2.7.3.3 Italy HLA Typing Market by Application
11.2.7.3.4 Italy HLA Typing Market by End User
11.2.7.4 Spain HLA Typing Market
11.2.7.4.1 Spain HLA Typing Market by Technology
11.2.7.4.2 Spain HLA Typing Market by Product and Service
11.2.7.4.3 Spain HLA Typing Market by Application
11.2.7.4.4 Spain HLA Typing Market by End User
11.2.7.5 United Kingdom HLA Typing Market
11.2.7.5.1 United Kingdom HLA Typing Market by Technology
11.2.7.5.2 United Kingdom HLA Typing Market by Product and Service
11.2.7.5.3 United Kingdom HLA Typing Market by Application
11.2.7.5.4 United Kingdom HLA Typing Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific HLA Typing Market Overview
11.3.2 Asia-Pacific HLA Typing Market Forecasts and Analysis
11.3.3 Asia-Pacific HLA Typing Market Forecasts and Analysis - By Technology
11.3.4 Asia-Pacific HLA Typing Market Forecasts and Analysis - By Product and Service
11.3.5 Asia-Pacific HLA Typing Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific HLA Typing Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific HLA Typing Market Forecasts and Analysis - By Countries
11.3.7.1 Australia HLA Typing Market
11.3.7.1.1 Australia HLA Typing Market by Technology
11.3.7.1.2 Australia HLA Typing Market by Product and Service
11.3.7.1.3 Australia HLA Typing Market by Application
11.3.7.1.4 Australia HLA Typing Market by End User
11.3.7.2 China HLA Typing Market
11.3.7.2.1 China HLA Typing Market by Technology
11.3.7.2.2 China HLA Typing Market by Product and Service
11.3.7.2.3 China HLA Typing Market by Application
11.3.7.2.4 China HLA Typing Market by End User
11.3.7.3 India HLA Typing Market
11.3.7.3.1 India HLA Typing Market by Technology
11.3.7.3.2 India HLA Typing Market by Product and Service
11.3.7.3.3 India HLA Typing Market by Application
11.3.7.3.4 India HLA Typing Market by End User
11.3.7.4 Japan HLA Typing Market
11.3.7.4.1 Japan HLA Typing Market by Technology
11.3.7.4.2 Japan HLA Typing Market by Product and Service
11.3.7.4.3 Japan HLA Typing Market by Application
11.3.7.4.4 Japan HLA Typing Market by End User
11.3.7.5 South Korea HLA Typing Market
11.3.7.5.1 South Korea HLA Typing Market by Technology
11.3.7.5.2 South Korea HLA Typing Market by Product and Service
11.3.7.5.3 South Korea HLA Typing Market by Application
11.3.7.5.4 South Korea HLA Typing Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa HLA Typing Market Overview
11.4.2 Middle East and Africa HLA Typing Market Forecasts and Analysis
11.4.3 Middle East and Africa HLA Typing Market Forecasts and Analysis - By Technology
11.4.4 Middle East and Africa HLA Typing Market Forecasts and Analysis - By Product and Service
11.4.5 Middle East and Africa HLA Typing Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa HLA Typing Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa HLA Typing Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa HLA Typing Market
11.4.7.1.1 South Africa HLA Typing Market by Technology
11.4.7.1.2 South Africa HLA Typing Market by Product and Service
11.4.7.1.3 South Africa HLA Typing Market by Application
11.4.7.1.4 South Africa HLA Typing Market by End User
11.4.7.2 Saudi Arabia HLA Typing Market
11.4.7.2.1 Saudi Arabia HLA Typing Market by Technology
11.4.7.2.2 Saudi Arabia HLA Typing Market by Product and Service
11.4.7.2.3 Saudi Arabia HLA Typing Market by Application
11.4.7.2.4 Saudi Arabia HLA Typing Market by End User
11.4.7.3 U.A.E HLA Typing Market
11.4.7.3.1 U.A.E HLA Typing Market by Technology
11.4.7.3.2 U.A.E HLA Typing Market by Product and Service
11.4.7.3.3 U.A.E HLA Typing Market by Application
11.4.7.3.4 U.A.E HLA Typing Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America HLA Typing Market Overview
11.5.2 South and Central America HLA Typing Market Forecasts and Analysis
11.5.3 South and Central America HLA Typing Market Forecasts and Analysis - By Technology
11.5.4 South and Central America HLA Typing Market Forecasts and Analysis - By Product and Service
11.5.5 South and Central America HLA Typing Market Forecasts and Analysis - By Application
11.5.6 South and Central America HLA Typing Market Forecasts and Analysis - By End User
11.5.7 South and Central America HLA Typing Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil HLA Typing Market
11.5.7.1.1 Brazil HLA Typing Market by Technology
11.5.7.1.2 Brazil HLA Typing Market by Product and Service
11.5.7.1.3 Brazil HLA Typing Market by Application
11.5.7.1.4 Brazil HLA Typing Market by End User
11.5.7.2 Argentina HLA Typing Market
11.5.7.2.1 Argentina HLA Typing Market by Technology
11.5.7.2.2 Argentina HLA Typing Market by Product and Service
11.5.7.2.3 Argentina HLA Typing Market by Application
11.5.7.2.4 Argentina HLA Typing Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. HLA TYPING MARKET, KEY COMPANY PROFILES
13.1. THERMO FISHER SCIENTIFIC
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AGILENT TECHNOLOGIES, INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. ABBOTT
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. QIAGEN N.V.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. ILLUMINA, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. BIO-RAD LABORATORIES, INC.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. IMMUCOR, INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. CAREDX INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. F. HOFFMANN-LA ROCHE LTD
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Thermo Fisher Scientific
2. Agilent Technologies, Inc.
3. Abbott
4. QIAGEN N.V.
5. Illumina, Inc.
6. Bio-Rad Laboratories, Inc.
7. Immucor, Inc.
8. CareDx Inc.
9. F. Hoffmann-La Roche Ltd
10. Pacific Biosciences of California, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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