Medical Equipment

Global Blood Group Typing Market Outlook, Opportunities And Strategies

November 19, 2021 by The Business Research Company

Learn about the global blood group typing market through The Business Research Company, which provides information on blood group typing market size, blood group typing market drivers and restraints, blood group typing market players, the COVID-19 impact on the blood group typing market, and more.

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The global blood group typing market is expected to grow from $2.08 billion in 2020 to $2.34 billion in 2021 at a compound annual growth rate (CAGR) of 12.37%. The growth is mainly due to the rise in blood transfusions, cross-match testing and prenatal testing, and technology advancements in blood testing reagents and instruments. The blood group typing market is expected to reach $3.59 billion in 2025 at a CAGR of 11.28%.

Increasing number of blood donations and transfusions is expected to drive innovation in blood group typing, thus driving the market during the forecast period.

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The blood group typing market consists of sale of blood group typing products and related services by entities (organizations, sole traders and partnerships) that provide blood group type details that are derived from certain tests. Blood group typing is a method that tells the type of blood a person has and it is done so that a person can safely donate blood or receive a blood transfusion.

Global blood group typing market segments include:

By Test Type: Antibody Screening, Cross-Matching Tests, ABO Tests, Antigen Typing, HLA Typing

By Product: Instruments, Reagents And Kits

By Techniques: Serology Tests, Molecular Tests

By End User: Hospital Based Laboratories, Independent Laboratories And Blood Banks

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the blood group typing market in 2020.

Technological advancements such as automated technologies for blood typing gaining traction in the blood group typing market. Major companies in the market are focusing on introduction of new type of tests based on innovative techniques that offer results in low turn-around time, with improved accuracy and efficiency.

TBRC’s blood group typing market report covers:

Major Market Players: Grifols, Bio-Rad Laboratories, Immucor Inc., Ortho Clinical Diagnostics, Quotient, BAG Health Care GmbH, AXO Science, Agena Bioscience, Merck KGaA, Beckman Coulter Inc, Sucuri Inc, Rapid Labs, AXO Science, Day Medical SA, and Novacyt Group.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Blood Group Typing Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides blood group typing market overviews, analyzes and forecasts market size, share, blood group typing market players, blood group typing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s blood group typing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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