Blood Screening and Typing Market Size, Share, Trends, Regional Analysis & Forecast 2027 | Abbott Laboratories, Agena Bioscience, Inc., Axo Science, Bag Health Care GmbH, Becton, Dickinson and Company, Bio-Rad Laboratories, Biomerieux, Danaher Corporation

The latest research study released by Stratagem Market Insights with 100+ pages of analysis, This “Global Blood Screening and Typing Market Insights Report 2020-2027“ highlights key market dynamics of the industry and covers historic data, current market trends, environment, technological innovation, upcoming technologies and the technical progress in the associated industry. Attaining complete info about the trends and opportunities in the industry is a fairly time-consuming process that is eased with this report. Top players in the market, major collaborations, mergers, and acquisitions alongside trending innovation and business policies are additionally re-evaluated in this market research report. What is more, the statistical facts included in this report are interpreted with the help of most established tools such as SWOT analysis and Porter’s Five Forces Analysis.

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Blood typing and screening are conducted before a blood transfusion. The test ensures that a person who needs a transfusion will receive blood is compatible with his or her own. Blood typing and screening also finds application in legal investigations in order to identify criminal suspects or to identify the victims of crime or major disasters.

Increasing prevalence of infectious diseases is expected to propel growth of the global blood screening and typing market over the forecast period. For instance, according to UNAIDS Global HIV & AIDS statistics — 2019 fact sheet, 37.9 million people were infected with HIV worldwide. Moreover, increasing number of surgeries is also expected to aid in growth of the market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.

Major players in the market are focused on adopting various marketing strategies to enhance their market share. For instance, in 2018, AXO Science attended American Association of Forensic Science 70th Annual Scientific Meeting, held in the U.S. and Forensic Europe Expo, held in the U.K.

Major players in the market are also focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in December 2019, bioMérieux announced that the company has been selected as a supplier in a tender process by the Fleming Fund, a UK aid investment to tackle antimicrobial resistance in low- and middle-income countries around the world. Similarly, in November 2019, Grifols S.A received the Committee on Foreign Investment in the United States (CFIUS) and the Chinese Securities Regulatory Commission approvals for its strategic partnership with Shanghai RAAS, a provider of plasma derivatives, which is focused on development and launch of plasma-derived and diagnostic products in China.

Key Takeaways:

• Increasing prevalence of infectious diseases to augment growth of the global blood screening and typing market over the forecast period

• Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in October 2018, Agena Bioscience, Inc. and DaRui Biotechnolog announced that the MassARRAY System formally passed the registration application of Guangdon Food and Drug Administration.

• Major players operating in the global blood screening and typing market include, Abbott Laboratories, Agena Bioscience, Inc., Axo Science, Bag Health Care GmbH, Becton, Dickinson and Company, Bio-Rad Laboratories, Biomerieux, Danaher Corporation, HAEMOKINESIS PTY LTD., Diagast, F. Hoffmann-La Roche Ltd., Grifols S.A, Immucor, Novacyt Group, Ortho Clinical Diagnostics, Quotient, Siemens Healthcare, and Thermo Fisher Scientific.

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