Press release
Blood Group Typing Market is projected to reach a market size of nearly from USD 3.11 Bn in 2021 to USD 6.62 Bn. by the year 2029, with a strong CAGR of 9.89 percent throughout the forecast period.
Blood Group Typing Market Report Scope and Research Methodology:The report presents a detailed analysis of the Blood Group Typing Market, including the impact of the COVID-19 lockdown on market revenue. The report covers the short-term and long-term impact of the pandemic on market leaders, followers, and disruptors, considering the varying implementation of lockdown measures across regions and countries. Decision-makers can utilize the report to formulate strategies and outlines for companies based on regional analysis.
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Blood Group Typing Market Dynamics:
Blood group typing is a crucial procedure for determining a person's blood group based on the presence of antigens in red blood cells. The market is primarily driven by factors such as the growing number of blood donations, increasing demand for blood transfusions in road accidents, emergencies, trauma cases, and the need for blood grouping in pregnancy. The market is further boosted by the rising demand for blood group typing in prenatal testing, forensic sciences, and adherence to strict governing standards for blood transfusion.
While developing economies and blood group typing with molecular diagnostics present opportunities for market growth, certain factors act as restraints. These include slow turnaround time, high costs, the requirement for high-end apparatus, and inadequate information systems for result management.
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Blood Group Typing Market Regional Insights:
North America leads the global Blood Group Typing Market, followed by Europe and Asia-Pacific. The well-developed healthcare sector, high prevalence of chronic diseases, increasing organ transplants, and a growing number of blood donations contribute to North America's market dominance. Asia-Pacific is expected to witness the highest growth rate during the forecast period due to a rising population and increased disposable income.
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Blood Group Typing Market Segmentation
By Product:
• Consumables
• Instruments
• Services
By Technique:
• PCR-based and Microarray Techniques
• Assay-based Techniques
• Massively Parallel Sequencing Techniques
• Other Techniques
By Test Type:
• Antibody Screening
• HLA Typing
• Cross-matching Tests
• ABO Blood Tests
• Antigen Typing
By End-User:
• Hospitals
• Blood Banks
• Clinical Laboratories
• Other End Users
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Blood Group Typing Market Key Competitors include:
• Bio-Rad Laboratories, Inc.
• Grifols International
• S. A., Beckman Coulter
• Immucor, Inc.
• Ortho Clinical Diagnostics, Inc.
• Quotient, Ltd.
• Novacyt Group
• Bag Healthcare GmbH
• Rapid Labs
• AXO Science
• Agena Biosciences, Inc.
• Day Medical SA
• Merck KGaA
• DIAGAST
• AXO Science
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Table of Content for Blood Group Typing Market
1. Global Blood Group Typing Market: Research Methodology
2. Global Blood Group Typing Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Blood Group Typing Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Blood Group Typing Market Segmentation
• Global Market, by Product (2021-2029)
• Global Market, by Technique (2021-2029)
• Global Market, by Test Type (2021-2029)
• Global Market, by End-User (2021-2029)
5. Regional Blood Group Typing Market (2021-2029)
• Regional Market, by Product (2021-2029)
• Regional Market, by Technique (2021-2029)
• Regional Market, by Test Type (2021-2029)
• Regional Market, by End-User (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product, Technique, Test Type and End-User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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