Global Blood Group Typing Market is Expected to Reach USD 7,619.1 Million, Growing at a CAGR of 11.01% between 2023 and 2030

Infinium Global Research has published a comprehensive market research report revealing that the Global Blood Group Typing Market is poised for substantial growth. The global blood group typing market was valued at USD 3,339.7 Million in 2022 and is expected to reach USD 7,619.1 Million by 2030 and grow at a CAGR of 11.01% over the forecast period.

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Rising Blood Donations and Transfusions Fuel Market Growth

The primary driver behind the rapid growth of the blood group typing market is the substantial increase in blood donations driven by awareness campaigns and a rising demand for blood transfusions. Diseases such as leukemia, lymphoma, and myeloma, alongside other blood-related disorders, have led to a surge in the requirement for blood transfusions. Accidents, trauma cases, and a growing number of blood tests are also contributing to market expansion.

Significance of Blood Group Typing During Pregnancy

The importance of blood group typing during pregnancy has become a significant factor contributing to market growth. Ensuring compatibility between the mother and child's blood groups is crucial in preventing severe anemia in newborn babies. Continuous demand for blood transfusions during the treatment of various diseases further drives opportunities in the market.

Geographical Dominance and Expansion

North America is leading the global blood group typing market, expected to maintain its dominant position throughout the forecast period. Europe closely follows, with both regions benefiting from reimbursement policies and a high prevalence of chronic diseases. Asia-Pacific is projected to experience significant growth, driven by a large patient population affected by blood-related diseases and a rising need for blood transfusions.

Market Leaders in Blood Group Typing

Key players in the global blood group typing market include Quotient Limited, Immucor, Inc., Merck KGaA, DIAGAST, The Novacyt Group, Agena Bioscience Inc., BAG Diagnostics Gmbh, AXO Science, Grifols S.A., and Rapid Labs Limited. These companies are at the forefront of innovative blood typing technologies and play a vital role in supporting healthcare systems worldwide.

Rising Need for Blood Transfusions

The demand for blood transfusions is on the rise due to various factors, including the increasing prevalence of infectious diseases, the growing number of accidents and trauma cases, and a rising incidence of cancer that requires substantial blood supplies for chemotherapy. Inherited blood diseases and congenital blood disorders are also driving the demand for blood transfusions. The critical importance of accurate blood group typing in ensuring transfusion compatibility further enhances the demand for this service.

Increasing Blood Donations and Global Standards

Recent data from the World Health Organization (WHO) highlights a significant increase in voluntary unpaid blood donations worldwide. The commitment of countries to achieve higher standards of blood safety and availability is contributing to the growing demand for blood group typing.

Addressing the Challenge of Skilled Professionals

The shortage of skilled healthcare professionals in low- and middle-income countries remains a challenge in public health systems. However, international policy implementations and regional programs are addressing this issue, and the impact on the blood group typing market is expected to be minimal.

Transforming Healthcare in Emerging Markets

Emerging markets, particularly in highly populated regions like China and India, are undergoing significant healthcare transformations. The rise of new hospitals, the expansion of existing facilities, and partnerships to deliver specialized care are expected to create substantial opportunities for blood group typing market players.

Innovative Blood Typing Techniques

Market players are focusing on introducing innovative blood typing tests that provide quicker results with improved accuracy and efficiency. Automated blood grouping systems, utilizing advanced techniques, are becoming instrumental in driving the adoption of blood testing systems, providing a significant growth opportunity in the market.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Blood Group Typing Market Highlights

2.2. Blood Group Typing Market Projection

2.3. Blood Group Typing Market Regional Highlights

Chapter 3. Global Blood Group Typing Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Blood Group Typing Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1.IGR-Growth Matrix Analysis Technique

3.5.2.IGR-Growth Matrix Analysis Test Type

3.5.3.IGR-Growth Matrix Analysis Product Type

3.5.4.IGR-Growth Matrix Analysis End User

3.5.5.IGR-Growth Matrix Analysis Region

3.6. Value Chain Analysis of Blood Group Typing Market

Chapter 4. Blood Group Typing Market Macro Indicator Analysis

Chapter 5. Global Blood Group Typing Market Technique

5.1. PCR-Based and Microarray Technique

5.2. Massively Parallel Sequencing

5.3. Assay-based Techniques

5.4. Other Techniques

Chapter 6. Global Blood Group Typing Market Test Type

6.1. Human Leukocyte Antigen (HLA) Typing

6.2. Antibody Screening

6.3. ABO Blood Tests

6.4. Cross-matching Series

6.5. Antigen Typing

Chapter 7. Global Blood Group Typing Market Product Type

7.1. Instruments

7.2. Services

7.3. Consumables

Chapter 8. Global Blood Group Typing Market End User

8.1. Clinical Laboratories

8.2. Blood Banks

8.3. Hospitals

8.4. Other End Users

Chapter 9. Global Blood Group Typing Market Region 2023-2030

9.1. North America

9.1.1. North America Blood Group Typing Market Technique

9.1.2. North America Blood Group Typing Market Test Type

9.1.3. North America Blood Group Typing Market Product Type

9.1.4. North America Blood Group Typing Market End User

9.1.5. North America Blood Group Typing Market Country

9.2. Europe

9.2.1. Europe Blood Group Typing Market Technique

9.2.2. Europe Blood Group Typing Market Test Type

9.2.3. Europe Blood Group Typing Market Product Type

9.2.4. Europe Blood Group Typing Market End User

9.2.5. Europe Blood Group Typing Market Country

9.3. Asia-Pacific

9.3.1. Asia-Pacific Blood Group Typing Market Technique

9.3.2. Asia-Pacific Blood Group Typing Market Test Type

9.3.3. Asia-Pacific Blood Group Typing Market Product Type

9.3.4. Asia-Pacific Blood Group Typing Market End User

9.3.5. Asia-Pacific Blood Group Typing Market Country

9.4. RoW

9.4.1. RoW Blood Group Typing Market Technique

9.4.2. RoW Blood Group Typing Market Test Type

9.4.3. RoW Blood Group Typing Market Product Type

9.4.4. RoW Blood Group Typing Market End User

9.4.5. RoW Blood Group Typing Market Sub-region

Chapter 10. Company Profiles and Competitive Landscape

10.1. Competitive Landscape in the Global Blood Group Typing Market

10.2. Companies Profiles

10.2.1. Quotient Limited

10.2.2. Immucor, Inc.

10.2.3. DIAGAST

10.2.4. Novacyt Group

10.2.5. Agena Bioscience, Inc.

10.2.6. BAG Health Care GmbH

10.2.7. AXO Science

10.2.8. Ortho Clinical Diagnostics, Inc.

10.2.9. Rapid Labs

10.2.10. Others

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of Blood Group Typing.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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