Global Blood Group Typing Market is valued at USD 3.38 Billion in 2022 and expected to reach USD 6.44 Billion by 2028 with a CAGR of 9.61% over the forecast period.
Blood group typing is a technique of knowing what specific blood type a person has that relies on the occurrence in the red blood cells for antigens. It is majorly conducted in limb/organ donation process, to safely donate or receive a blood transfusion and to detect whether Rh ration is there on the blood cell’s surface. Blood group typing is very important during the pregnancy as it can assist to stop extreme anemia in the baby.
The global blood group typing market can be divided into type of products, techniques, test type, end users, and region. By products, the market is segmented into services, instruments, and consumables. By technique, the market can be divided into assay-based techniques, massively parallel sequencing, microarray and PCR-based techniques, and other techniques. By test type, the blood group typing market is divided into antibody screening, human leukocyte antigen (HLA) typing, cross-matching series, ABO blood tests, and antigen typing. By end user, the market can be divided into hospitals, blood banks, clinical laboratories, and other end users.
Blood Group Typing Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Blood Group Typing Market place for the forecast 2022– 2028. The blood group typing market has undergone essential expansion rate owing to the growth of technology which has improved detection process.
The major players included in the global blood group typing market forecast are,
Not all the types of blood are compatible, hence it is important to recognize and know the blood group of an individual. Blood typing assists to find out the condition of hemolytic disease of the baby specifically in pregnant females, thereby increasing the popularity and demand for such tests. Donating or getting blood which is incompatible with a person’s blood type can result in an unsafe immune response. Due to all these factors the popularity and demand for the global blood group typing market have elevated significantly in the medical industry.
The most important factor that powers the market development includes the rise in requirement for blood group typing, specifically during pregnancy and prenatal testing. Other factors that add to the development of the blood group typing market is the rise in the number of patients who need blood transfusion mainly in cases of accidents & trauma and increase in the number of blood donations by blood donation campaigns. Moreover, growth in the submission of blood group typing specifically in forensic sciences is further predicted to power the development of the market. On the other hand, dearth of trained & experienced experts and shortage of knowledge can result in disingenuous blood transfusion; thereby, leading to drop in sales of blood bank reagents and ultimately hindering the growth of the global market for blood group typing.
Regionally, the Americas is predicted to rule the global blood group typing market due to rising prevalence of chronic diseases, a enhanced healthcare sector, increasing number of blood donations, increasing number of organ transplant, and presence of different reimbursement schemes for different surgeries. According to the National Kidney Foundation, almost 121,678 people in the US were on the waiting list to get organs in 2016 for transplant.
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2022: | USD 3.38 Billion |
Base year considered | 2021 |
Forecast Period CAGR %: | 9.61% |
Market Size Expected in 2028: | USD 6.44 Million |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Key Players/Companies | Quotient Limited, Immucor, DAY Medical SA, Ortho Clinical Diagnostics, Novacyt Group, DIAGAST, BAG Health Care GmbH., Agena Bioscience, AXO Science, others. |
Segments Covered | By Types, By Applications, By End-Use Industries. |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, Africa, Rest of the Middle East and Africa |
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