Global Blood Group Typing Market, By Product and Services (Consumables, Instruments, Services), Technique (PCR-Based and Microarray Techniques, Assay-Based Techniques, Massively Parallel Sequencing, Other Techniques), Test Type (Antibody Screening, HLA Typing, ABO Blood Tests, Cross-Matching Tests, Antigen Typing), End-User (Hospitals, Clinical Laboratories, Blood Banks, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2029.
Market Analysis and Insights of Blood Group Typing
Blood group typing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 9.8% in the above-mentioned forecast period.
Blood group typing is basically a testing procedure under which a person’s blood group is classified and identified into A, B, AB and O by means of laboratory tests. Blood group typing is essential to determine the presence of Rh factor, transfuse blood, and test donor blood compatibility with the recipient patient.
The increasing cases of road accidents, emergencies and trauma and rising demand of blood group typing in prenatal testing are the significant factors responsible for driving the growth of the blood group typing market. The increasing demand for early screening and diagnosis and growing need for safe blood transfusion are estimated to boost the overall growth of the market. Additionally, the adoption of blood group typing in forensic sciences and stringent regulatory standards regarding blood transfusion also heighten the overall growth of the market. However, the dearth of awareness, lack proper healthcare facilities and skilled professional leads to decline in sales of blood bank regents obstruct the market’s growth.
The growth of emerging economies along with increasing need of blood group typing in molecular diagnosis are expected to generate profitable opportunities for the market. On the other hand, the reduction in blood donation drives due to COVID-19 pandemic have the potential to challenge for the market’s growth.
This blood group typing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research blood group typing market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blood Group Typing Market Scope and Market Size
Blood group typing market is segmented on the basis of product and services, technique, test type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product and services, blood group typing market is segmented into consumables, instruments and services. Consumables are further segmented into antisera reagents, red blood cell reagents, anti-human globulin reagents and blood bank saline.
- Blood group typing market has also been segmented on the basis of technique into PCR-based and microarray techniques, assay-based techniques, massively parallel sequencing, other techniques.
- On the basis of test type, blood group typing market is segmented into antibody screening, HLA typing, abo blood tests, cross-matching tests and antigen typing.
- On the basis of end-user, blood group typing market is segmented into hospitals, clinical laboratories, blood banks and others.
Blood Group Typing Market Country Level Analysis
Blood group typing market is analyzed and market size insights and trends are provided by product and services, technique, test type and end-user as referenced above.
The countries covered in the blood group typing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to availability of favorable reimbursement policies and increasing occurrence of chronic disorders in this region. Asia-Pacific is expected to show a rapid and lucrative growth rate in the forecast period owing to the escalating incidence of chronic diseases, many of which require blood type determination for effective treatment and surging number of trauma and accident victims, who require instant blood transfusion.
The country section of the blood group typing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Blood group typing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for blood group typing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the blood group typing market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Blood Group Typing Market Share Analysis
Blood group typing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blood group typing market.
Some of the major players operating in the blood group typing market report are Grifols, S.A., Bio-Rad Laboratories, Inc., Immucor, Ortho Clinical Diagnostics, Quotient, BAG Health Care GmbH, Sucuri., AXO Science, Agena Bioscience, Inc., Merck KGaA,, Beckman Coulter, Inc., Grifols S.A., Novacyt Group, Ortho Clinical Diagnostics, DIAGAST, and Agena Bioscience Inc., among others.
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