The global blood group typing market size is anticipated to reach USD 3.44 billion by 2026, according to a new report by Grand View Research. It is expected to expand at a CAGR of 9.7% during the forecast period. Factors, such as rising usage of blood group typing in forensic sciences and prenatal testing, increasing number of blood transfusions due to number of road accidents, and growing demand for blood and associated products are projected to drive the growth.
Blood
group typing determines and identifies the O, A, B, and AB blood groups with
the help of laboratory tests. The test is mandatory before transfusion as it
enables checking compatibility of the blood types of the donor and the
recipient along with determining the Rh factor. These tests are also performed
to determine Hemolytic Disease of the Newborn (HDN) in pregnant women, which is
anticipated to further drive the growth.
Consumables
dominated the product segment in 2018 and is expected to witness significant
growth over the forecast period due to the increase in surgical procedures,
such as organ transplantation. Factors, such as increasing use of serological
fluids and reagents in laboratories and high blood donation rates are
anticipated to further fuel the segment growth. North America held the largest
share of the global blood group testing market in 2018. Asia Pacific is
anticipated to register the fastest CAGR during the forecast period.
Lack
of awareness, proper blood service infrastructure, and skilled professionals,
as well as the risk of transmissible diseases such as HIV and hepatitis B are
some of the factors that may impede the growth of the market for blood group
testing.
Full Research Report On Blood Group Typing Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/blood-group-typing-market
Further key
findings from the study suggest:
- PCR-based and
microarray technique segment is expected to register the fastest CAGR
during the forecast period, due to increasing R&D activities focused
on antibody-antigen interactions coupled with high prevalence of chronic
diseases
- Consumables
segment held the largest market share in 2018 among the products due to
increase in number of transfusions and surgical procedures involving organ
transplants
- Asia Pacific
is projected to exhibit the fastest CAGR during the forecast period,
attributed to the factors such as rising per capita healthcare
expenditure, prevalence of chronic diseases, and improving healthcare
infrastructure
- Key players
of operating in the blood group typing market include Grifols,
S.A.;Bio-Rad Laboratories, Inc.;Merck KGaA; Immucor, Inc.; Novacyt Group;
Danaher Corporation; Agena Bioscience, Inc.; Ortho Clinical Diagnostics;
and Quotient, Ltd
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https://www.grandviewresearch.com/industry-analysis/blood-group-typing-market/request/rs1
Grand View Research has
segmented the global blood group typing market report on the basis of product,
technique, test type, and region:
Blood Group
Testing Product Outlook (Revenue, USD Million, 2015 - 2026)
- Consumables
- Instruments
- Services
Blood Group
Testing Technique Outlook (Revenue, USD Million, 2015 - 2026)
- PCR-based and Microarray Techniques
- Assay-based Techniques
- Massively Parallel Sequencing Techniques
- Other Techniques
Blood Group
Testing Test Type Outlook (Revenue, USD Million, 2015 - 2026)
- Antibody Screening
- HLA Typing
- Cross-matching Tests
- ABO Blood Tests
- Antigen Typing
Blood Group
Testing Regional Outlook (Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Singapore
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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