The global blood group typing market size is predicted to worth USD 4.2 billion by 2025 from USD 2.6 billion in 2020. This market to showcase a CAGR of 9.9% during the forecast period.
MARKET DRIVERS:
Y-O-Y growth in the number of blood banks worldwide is expected to boost the global blood group typing market.
Increasing prevalence to identify an individual's blood group in the medical sector is a key driving factor for the blood group typing market to grow. The growing number of blood banks across the world is accelerating the demand of the market. Besides, increasing accidental cases and blood in emergency cases are propelling the need for the blood group typing market.
Rising incidences of chronic diseases and the growing number of surgical treatment procedures greatly influence the growth of the global blood group typing market. Even in rural areas, increasing blood donation campaigns is gearing up the demand of this market. The emergence of the latest technologies in the medical sector is to set up growth opportunities for the market.
MARKET RESTRAINTS:
However, the negligence of the staff members in maintaining correct formats is quietly hindering the demand of the blood group typing market. The cost of installing and maintaining the devices is a little expensive, which remained a challenging factor for the market developers.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
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Base Year |
2019 |
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Forecast Period |
2020 to 2025 |
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Forecast Units |
Millions (USD) |
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Segments Analysed |
By Product, Test Type, Technique, End User, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Analysed |
North America, Europe, APAC, Latin America and MEA |
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Companies Profiled |
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 |
This report on the global blood group typing market has been segmented and sub-segmented based on technique, product type, test type, end-user, and region.
Blood Group Typing Market - By Technique:
Based on the Technique, the consumables segment holds the largest market share value due to the growing increase of surgical processes and usage of laboratories.
Blood Group Typing Market - By Product Type:
Based on the Product Type, the PCR-based and Microarray Techniques segment is likely to hold the largest market share value of Blood Group Typing due to the growing aged people population and the number of people increasing with different kinds of health issues.
Blood Group Typing Market - By Test Type:
Based on the Test Type, the Antibody screening segment is expected to have an important growth during the period, which is attributed to the growing demand for quick diagnosis of the diseases that are suffering, producing maximum advantages for the growth during the rate.
Blood Group Typing Market - By End-User:
Based on the end-user type, the hospital segment is likely to have an intense growth during the period due to more knowledge about the blood group.
Blood Group Typing Market – By Region:
Based on the region, the North American region holds the most significant shares in the global blood group typing market with the rise in the capital income in most countries. The launch of various new techniques in the medical sector to enable easy identification of blood groups is bolstering the demand of this market.
With the increasing population and rise in applications in forensic sciences to identify the blood group from samples collected. The Middle East and Africa to have an inclined growth rate in coming years.
KEY MARKET PARTICIPANTS:
Some of the promising leading the global blood group typing market profiled in the report are 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.
Recent Developments in the Blood Group Tying Market:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Consumables
5.1.2.1 Antisera Reagents
5.1.2.2 Red Blood Cell Reagents
5.1.2.3 Anti-Human Globulin Reagents
5.1.2.4 Blood Bank Saline
5.1.3 Instrument
5.1.4 Services
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Test Type
5.2.1 Introduction
5.2.2 ABO
5.2.3 Antigen
5.2.4 Antibody Screening
5.2.5 Cross Matching
5.2.6 HLA
5.2.7 Y-o-Y Growth Analysis, By Test Type
5.2.8 Market Attractiveness Analysis, By Test Type
5.2.9 Market Share Analysis, By Test Type
5.3 Technique
5.3.1 Introduction
5.3.2 Assay
5.3.3 PCR
5.3.4 Microarray
5.3.5 Massively Parallel Sequencing
5.3.6 Y-o-Y Growth Analysis, By Technique
5.3.7 Market Attractiveness Analysis, By Technique
5.3.8 Market Share Analysis, By Technique
5.4 End-User
5.4.1 Introduction
5.4.2 Hospitals
5.4.3 Clinical Laboratories
5.4.4 Blood Banks
5.4.5 Other End Users
5.4.6 Y-o-Y Growth Analysis, By End User
5.4.7 Market Attractiveness Analysis, By End User
5.4.8 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Test Type
6.1.3.4 By Technique
6.1.3.5 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Test Type
6.1.4.4 By Technique
6.1.4.5 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Test Type
6.1.5.4 By Technique
6.1.5.5 By End User
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.5.1 Introduction
6.5.2 Brazil
6.5.3 Argentina
6.5.4 Mexico
6.5.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Bio-Rad Laboratories Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Grifols S.A.
8.3 Immucor Inc.
8.4 Ortho Clinical Diagnostics Inc.
8.5 Quotient Ltd.
8.6 Novacyt Group
8.7 BAG Healthcare GmbH
8.8 Rapid Labs
8.9 Day medical SA
8.10 DIAGAST
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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