Blood Group Typing Market Status and Development Trends 2028 by Reports And Data

 

The global blood group typing market size is expected to reach USD 6.18 Billion by 2028 at a CAGR of 10.1%, according to the latest report by Reports and Data. Increasing number of blood transfusion procedures, rising demand for prenatal testing, and growing need for blood and blood products due to increasing number of surgeries are key factors expected to drive market revenue growth over the forecast period. In addition, increasing number of road accidents and traumatic injuries across the globe have boosted need for blood transfusion in critical patients and this is also expected to continue to support market revenue growth going ahead.

Key companies operating in the global market and profiled in the report include:

 Bio-Rad Laboratories, Inc., Grifols, S.A., Immucor, Inc., Ortho Clinical Diagnostics, Inc., Quotient, Ltd., Novacyt Group, BAG Healthcare GmbH, Rapid Labs, Day medical SA, DIAGAST, and AXO Science.

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Get to know the business better:

The global Blood Group Typing market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that’s better than others.

For the purpose of this report, Reports and Data have segmented into the global Blood Group Typing market on the basis of type, target population, end user, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Mechanical Blood Group Typings
  • Invasive Blood Group Typing
  • Non-Invasive Blood Group Typing

Target Population Outlook (Revenue, USD Billion; 2017-2027)

  • Pediatric
  • Adult
  • Geriatric
  • Others

End User Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals and Clinics
  • Home Care
  • Ambulatory Care Centers
  • Emergency Medical Services

Regional analysis covers:

·         North America (U.S., Canada, Mexico)

·         Europe (U.K., Italy, Germany, France, Rest of Europe)

·         Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Highlights From the Report:

·         Consumables segment is expected to register robust revenue CAGR over the forecast period owing to growing demand for reagents and kits in laboratories, increasing rate of blood donations, rising number of surgeries performed, and development of advanced test reagents and kits.

·         PCR-based and microarray technique segment accounted for largest revenue share in 2020 and is expected to register significant revenue growth over the forecast period. Growth can be attributed to increasing R&D to understand antibody-antigen interaction, growing burden of chronic diseases such as sickle cell anemia, and rising application of PCR-based techniques to screen for rare blood types.

·         Increasing demand for early screening and diagnosis, rising burden of chronic diseases, and growing need for safe blood transfusion are key factors contributing to revenue growth of the antibody screening segment.

·         Hospitals segment is expected to account for significantly large revenue share in the global market over the forecast period owing to increasing awareness about blood donation and its importance, rising need for blood and blood products during transplant surgeries, and increasing number of critical accidents necessitating blood transfusion.

Key Reasons for Purchasing Global Blood Group Typing Market Report:

•    New approaches and latest development trend that describe the structure of the market
•    Advanced market breakdown structure
•    Historical data and future market scope
•    In-depth market analysis based on statistics, growth stimulators, and market developments
•    Statistical data representation through figurative, numerical, and theoretical elaboration
•    Report provides insight of the business and sales activities
•    Key competitive players and regional distribution will help find prospective market analytics
•    Report will strengthen the investors’ decision-making processes

To know more about the report @ https://www.reportsanddata.com/report-detail/blood-group-typing-market

Thank you for reading our report. To know more about the customization of the report or further query about the report, please get in touch with us. Our team will ensure the report is well suited to your requirements.

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