Press release
Global Blood Group Typing Market is expected to reach worth 3.77 Billion by 2023.
In the year 2018, Global Blood Group Typing Market was valued at USD 2.36 Billion. By the year 2023, it is expected to reach USD 3.77 Billion at pace of 9.80% CAGR.
Blood group typing is a method used to classify or identify the blood group in an individual person such as A, B, AB or O by conducting laboratory tests. Blood group typing is essential in organ donation process, transfuse blood, and determine presence of Rh factor on the surface of the red blood cell. This method is also useful during pregnancy as it determine the condition of hemolytic disease in the newborn. There are various techniques and methods to detect the blood group such as, antigen typing, cross-matching tests, antibody screening, human leukocyte antigen (HLA) typing and ABO blood tests.
View sample and decide: https://www.marketdataforecast.com/market-reports/blood-group-typing-market-6350/request-sample
Underlying Causes
The growth for Blood Group Typing market is driven due to factors like increasing rate of blood donation, growing surgical procedures like organ transplantation across the globe, growing surgical procedures like organ transplantation, increasing number of road accidents and other injuries, rising demand for blood. In addition, advancement in technology has led to improved detection methods, introduction of advanced techniques, and improving healthcare facilities are expected to drive the Blood group typing market. However, stringent regulations, lack of awareness, and lack of skilled professionals are expected to hinder the market growth during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/blood-group-typing-market-6350/
Geographic Segmentation:
Based on geography the Blood Group Typing market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the global blood group typing market followed by Europe due to favorable reimbursement policies, increasing prevalence of chronic diseases, advancement of technologies, and well-established healthcare infrastructures are the important factors in this region. Asia-Pacific regions like India, and China are rapidly growing due to increasing number of road accidents, rising demand for blood, growing number of aging population, rising prevalence of chronic diseases, increasing healthcare expenditures and improving healthcare facilities are expected to contribute high growth rate for blood group typing market during the forecast period.
Get your customized report: https://www.marketdataforecast.com/market-reports/blood-group-typing-market-6350/customize-report
Key Players:
Leading companies for Global Blood Group Typing market 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.
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Market Data Forecast, Inc.
+1-888-702-9626 (U.S. TOLL FREE)
contact@marketdataforecast.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Blood Group Typing Market is expected to reach worth 3.77 Billion by 2023. here
News-ID: 1226023 • Views: …
More Releases from Marketdataforecast
Patent Expirations Driving Growth in the Generic Drugs Market
The generic drugs market size is expected to be valued at USD 343145 million in 2024 and reach USD 484209 million by 2029, growing at a CAGR of 7.13 % from 2024 to 2029.
Generic drugs are chemically equivalent to brand-name drugs in terms of active ingredients, dosage, strength, route of administration, quality, performance characteristics, and intended use. They are typically sold under their chemical name rather than a brand name…
Innovations Driving Pregnancy Testing Market Growth
The Pregnancy testing market size is expected to be valued at USD 1.49 Billion in 2024 and reach USD 1.91 Billion by 2029, growing at a CAGR of 5.10 % from 2024 to 2029.
Pregnancy testing is a technique used to determine whether a woman is pregnant. It usually involves checking the presence of a hormone known as human chorionic gonadotropin (hCG) in urine or blood. The placenta generates this hormone…
Maximizing Consumer Healthcare Market Success Through Strategic Approaches
The Consumer Healthcare Market size is expected to be valued at USD 244.5 Billion in 2024 and reach USD 346.1 Billion by 2029, growing at a CAGR of 7.2 % from 2024 to 2029.
Consumer healthcare involves products and services designed for individuals to maintain and enhance their health without a prescription. This category includes over-the-counter (OTC) medications, dietary supplements, personal care products, and health monitoring devices. These products are readily…
Asia Pacific Generic Drugs Market is currently valued at USD 75.62 billion
Overview
Generic drug is a pharmaceutical drug has the equal chemical substance as originally advanced and patented innovating drug. Usual tablets are allowed for income after patent(s) on authentic drug expired. Due to the fact the lively chemical substance is the same, the scientific profile of generics is thinking about being equal in usual overall performance. The established drug has the identical active pharmaceutical element (API) as the specific, however, may…
More Releases for Blood
Medical Blood Bag Market 2027 Global Analysis and Forecasts by Type (Single Bloo …
The medical blood bags are the instruments that are used to store, collect, transport, and transfuse blood and its components. The disposable blood bags replaced the use of glass bottles due to problems associated with the use of glass bottles including insufficient sterility, leading to contamination of the blood, and the development of air bubbles resulted in severe complications during blood transfusion.
Access Sample Report@: https://bit.ly/3rGMS4Q
Leading Players in the…
Global Blood coagulation analyzer Market, Blood coagulation analyzer Market 2020 …
The Blood coagulation analyzer market report provides a comprehensive view of global Blood coagulation analyzer industry. The study provides the industry overview with its growth analysis including CAGR, market shares, sales, gross margin, value, future trends, market opportunities etc. The study also includes analysis of historic data from 2015 to 2019 along with forecast from 2020 to 2025. Further, the Blood coagulation analyzer report contains drivers andrestraints of Blood coagulation…
Blood Bank (Blood Banking) Market 2019 Analysis By American Red Cross, Japan Red …
According to this study, over the next five years the Blood Bank (Blood Banking) market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 40500 million by 2024, from US$ 26000 million in 2019.
Blood Bank (Blood Banking) Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion,…
Blood Bank (Blood Banking) Market 2019 Analysis By American Red Cross, Japan Red …
“Blood Bank (Blood Banking)” Market research report covers the data which is helpful for key players, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings. These data representations provide predictive data regarding the future estimations for convincing market growth.
According to this study, over the next five years the Blood Bank (Blood Banking) market will register a 7.7% CAGR in terms of…
Blood Bank (Blood Banking) Market Key Player Analysis By New York Blood Center, …
Over the next five years Blood Bank (Blood Banking) will register a 7.7% CAGR in terms of revenue, reach US$ 40500 million by 2023, from US$ 26000 million in 2017.
Global Blood Bank (Blood Banking) Market 2018 peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2025 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Blood Bank (Blood…
Blood Group Typing Market Banks on Increasing Need for Blood, Blood Products, an …
The global blood group typing market is foreseen to garner a massive demand in the foreseeable future owing to certain factors such as the rising demand for blood and blood products. Nonetheless, the market growth could see an escalation on the back of other factors such as increasing prenatal testing which requires blood grouping, mounting count of road mishaps and trauma incidences requiring blood transfusion, and increasing application in forensic…
