On the basis of region, the Blood Group Typing Market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in North America is projected to hold the largest market share during the forecast period on account of the presence of a strong healthcare network in the nations such as the United States and Canada. Moreover, Presence of several key players in the region who are operating in the Blood Group Typing Market are also anticipated to drive the growth of the market in North America.
The global Blood Group Typing Market was valued at USD 1.67 billion in 2016 and is projected to reach USD 3.76 billion by 2025, growing at a CAGR of 9.44% from 2017 to 2025.
Blood Typing is a very important part of medical procedures involving prenatal diagnostics, Transfusions and transplantations. The rising number of these processes in the healthcare field is the reason causing blood typing to grow.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing blood donation activities
1.2 Growing incidences of trauma, accidents and surgeries requiring blood transfusion
1.3 Growing demand of blood typing in prenatal testing
1.4 Growing importance of forensic studies and blood typing requirement in the forensic studies and examinations
1.5 Stringency towards careful blood transfusions
2. Market Restraints
2.1 High cost of equipment making it less accessible in developing nations
Market Segmentation:
1. Global Blood Group Typing Market, by Technique:
1.1 PCR-Based and Microarray Techniques
1.2 Assay-Based Techniques
1.3 Massively Parallel Sequencing
1.4 Other Techniques
2. Global Blood Group Typing Market, by Products and Services:
2.1 Consumables
2.1.1 Antisera Reagents
2.1.2 Red Blood Cell Reagents
2.1.3 Anti-Human Globulin Reagents
2.1.4 Blood Bank Saline
2.2 Instruments
2.3 Services
3. Global Blood Group Typing Market, by End User:
3.1 Hospitals
3.2 Clinical Laboratories
3.3 Blood Banks
3.4 Other End Users
4. Global Blood Group Typing Market, by Test Type:
4.1 Antibody Screening
4.2 HLA Typing
4.3 ABO Blood Tests
4.4 Cross-Matching Tests
4.5 Antigen Typing
5. Global Blood Group Typing Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Bio-Rad Laboratories, Inc.
2. Beckman Coulter (A Subsidiary of Danaher)
3. Grifols International, S.A.
4. Immucor, Inc.
5. Merck KGaA
6. Novacyt Group
7. Quotient, Ltd.
8. Ortho Clinical Diagnostics, Inc.
9. Bag Health Care GmbH
10. Rapid Labs
11. AXO Science
12. Agena Bioscience, Inc.
13. Day Medical SA
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Blood Group Typing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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