Immunohematology Market and its growth prospects| Top Industry Players: Thermo Fisher Scientific, Beckman Coulter, Hologic, Inc., Grifols, Ortho Clinical Diagnostics

Technological advancements in immunohematology devices will augment the industry growth over forthcoming years. Currently developed immunohematology analyzers are integrated with advanced technology that enables them to perform accurate and efficient analysis.

For instance, immunohematology analyzers developed by BioRad Laboratories provides accurate results and the innovative instrument design enables improved productivity helping to generate quick analysis of the sample being processed. Moreover, key industry players also focus their R&D efforts in introducing semi-automated and fully automated immunohematology systems that further facilitates the sample analyzing process.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Thermo Fisher Scientific
• Beckman Coulter
• Hologic, Inc.
• Grifols
• Ortho Clinical Diagnostics
• Immucor, Inc.
• BD
• Abbott
• Roche Diagnostics Middle East
• Bio-Rad Laboratories

Analyzers segment was valued at USD 632 million in 2017 and considerable revenue size can be associated with the increasing demand for technologically advanced analyzers used in diagnosing the blood disorders. Hematology systems integrated with reticulocyte count analysis technique will ensure accurate diagnosis impacting the segmental growth positively in forthcoming years. Also, industry players such as Siemens focus efforts on introducing automation in analyzers that helps in reducing errors ultimately increasing the demand for analyzers.

Reagents segment will experience 5.9% CAGR during the forecast timeframe. Superior quality reagents manufactured by companies such as Abbott Laboratories and Beckman Coulter have resulted in high demand. Moreover, high growth will be due to continuous consumption of reagents in detection of blood disorders. Furthermore, increasing prevalence of leukemia in emerging economies will increase demand for immunohematology reagents thereby, escalating the segmental growth in upcoming years.

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PCR segment accounted for 35.9% in 2017 and is expected to show similar growth trends over the upcoming years. Considerable segmental revenue share can be accounted to the growing applications of PCR in diagnosis of hereditary blood disorders. For instance, according to virtual medical center, currently around 15 million patients have been diagnosed with thalassemia genetic blood disorder that should increase the demand for PCR technique thereby, augmenting segment growth.

Diagnostic laboratories segment of immunohematology market accounted for 23.6% in 2017 owing to the increasing R&D efforts for drug development activities. Extensive use of immunohematology devices in diagnostic laboratories for diagnosis of disorders such as iron deficiencies will augment the business growth in forthcoming years. Moreover, increasing diagnostic laboratories in developed as well as developing countries will escalate the demand for immunohematology devices boosting the industry growth in forthcoming years.

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Immunohematology Market, By Product (USD Million)
o Analyzers
o Reagents
Immunohematology Market, By Technology (USD million)
o Biochips
o Gel cards
o Microplates
o PCR
o Erythrocyte-magnetized technology

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