Press release
Global Blood Screening Market anticipated to flourish in the future by growing at a significantly higher CAGR 9.68% 2023 | Ortho Clinical Diagnostics Inc., Thermo Fisher Scientific Inc., bioMérieux, Siemens Healthineers, Roche Diagnostics, and Grifols
The leading players in the market are Bio-Rad Laboratories Inc., Abbott Laboratories, Becton, Dickinson and Company, Beckman Coulter Inc., Ortho Clinical Diagnostics Inc., Thermo Fisher Scientific Inc., bioMérieux, Siemens Healthineers, Roche Diagnostics, and Grifols. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Industry Trend Analysis
The Blood Screening Market was worth USD 1.35 billion in 2014 and is expected to reach approximately USD 3.10 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.68% during the forecast period. Blood Screening is the key part to prevent degenerative infection. By giving a far reaching preview of your present condition of wellbeing, blood screening can detect potential medical issues. Increasing numbers of blood donors and blood donations coupled with rising awareness about safety of donated blood are the key factors that are propelling the growth of Blood Screening Market.
Regional Outlook and Trend Analysis
According to the region, the Blood Screening Market is segmented as North America, Asia-Pacific, Europe and South America and Middle East & Africa. The North-America Region is expected to rule the market in terms of volume as well as value which is followed by Europe. The Asia-Pacific Market is expected to grow at highest CAGR during the forecast period owing to increasing demand for blood screening in the countries like India, China and Japan.
The key aspects that fuel the development of the worldwide blood screening market incorporate increment in pervasiveness of irresistible infections, ascend in number of blood gifts, increment in mindfulness about social insurance, and surge in appropriation of nucleic acid amplification test (NAT). Besides, ascend in social insurance activities by government, increment in medicinal services use, and mechanical progressions in blood screening advancements have energized the market development.
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Market Segmentation-
By Test Type:
NGS
Nucleic Acid Amplification (NAT)
ELISA (CLIA, Fluorescence assay)
Western Blotting
Rapid Test
By Product Type:
Reagents & Kits
Instruments
Software & Services
By End User:
Hospitals
Blood Banks
Key findings of the Blood Screening Market
The Blood bank sector is expected to rule the market whilst holding the largest share due to increasing incidents of blood donations, increasing no. of donors and huge number of organ replacements and organ donations taking place across the world.
The Asia-Pacific Market is expected to grow at highest CAGR during the forecast period owing to increasing demand for blood screening in the countries like India, China and Japan.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
5. Blood Screening Market, By Test Type
6. Blood Screening Market, By Product
7. Blood Screening Market, By End User
8. Blood Screening Market, By Region
…….CONTINUED FOR TOC
Technology Outlook and Trend Analysis
According to the Type the market of Blood Screening is divided into NGS, Nucleic Acid Amplification (NAT), ELISA, (CLIA, Fluorescence assay), (rPCR), Western Blotting, Rapid Test. Due to its increasing affordability, accuracy, and other factors such as rise in number of blood donors. NAT is one of the major players in the market. It is further segmented into Transcription-Mediated Amplification (TMA) and Real-Time PCR. Also the ELISA test is further divided into Chemiluminescence Immunoassay (CLIA), Fluorescence Immunoassays (FIA), and Colorimetric Immunoassay (CI).
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Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.
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