The Global Blood Group Typing Market size is expected to reach market growth in the forecast period of 2020 to 2025, with a CAGR of 10% in the forecast period of 2020 to 2025.
The Blood Group Typing Market research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
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Market Analysis of Blood Group Typing –
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 Manufacturers:
The major players included in the global blood group typing market forecast are,
- Quotient Limited
- Immucor, Inc.
- DAY Medical SA
- Ortho Clinical Diagnostics, Inc.
- Novacyt Group
- BAG Health Care GmbH.
- Agena Bioscience, Inc.
- AXO Science
Blood Group Typing Market Key Segments:
By Product Type: Consumables, Instruments, Services
By Technique Type: PCR-based and Microarray Techniques, Assay-based Techniques, Massively Parallel Sequencing Techniques, Other Techniques
By Test Type: Antibody Screening, HLA Typing, Cross-matching Tests, ABO Blood Tests, Antigen Typing
By End User: Hospitals, Blood Banks, Clinical Laboratories
Increasing Awareness About Blood Group Typing Has Significantly Elevated The Growth Of Global Blood Group Typing Market
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.
The Americas Is Predicted To Rule The Global Blood Group Typing Market Due To Rising Prevalence Of Chronic Diseases
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.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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