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Immunohematology Market Analysis, Size, Share, Growth, Trends, Insights And Industry forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Immunohematology Global Market Report 2023 identifies the rising prevalence rate of hematological disorders as the major driver for the immunohematology market's growth in the forecast period. Hematological disorders are a diverse group of conditions that affect the blood and the components of the blood, such as red blood cells, white blood cells, platelets, and plasma. Immunohematology is essential for safe and effective blood transfusions, as it helps to prevent transfusion reactions caused by incompatible blood types or the presence of antibodies in the recipient's blood. Immunohematology techniques are also used to diagnose and treat diseases related to the immune system, which may impact the hematological system.
The global immunohematology market size is expected to grow from $2.23 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global immunohematology market size is expected to reach $2.8 billion in 2027 at a CAGR of 5%.
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Major competitors in the immunohematology market are Ortho Clinical Diagnostics, Immunocor Inc., Abbott Laboratories, Siemens Healthineers AG, Grifols S.A.
A key trend in the immunohematology market includes technological advancement. Major companies operating in the immunohematology market are focused on developing innovative technologies to sustain their position in the market. For Instance, in October 2021, Ortho Clinical Diagnostics, a US-based diagnostics company, announced the launch of new capabilities for its Immediate Spin Crossmatch (ISXM) system for ORTHO VISION and ORTHO VISION MAX Analyzers. The ISXM system is a comprehensive transfusion solution that combines multiple instruments and software applications to streamline and automate immunohematology testing and processing. ISXM is used in blood transfusions to identify ABO blood type incompatibility between recipient serum and plasma and donor red blood cells. Although more laboratories are using electronic crossmatch, many still use full crossmatches (AHG/IAT). An ISXM test must also be finished in addition to a full crossmatch.
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The immunohematology market is segmented -
•By Product: Analyzers And Systems, Reagents
•By Technology: Biochips, Erythrocyte-Magnetized Technology (Emt), Gel Cards, Microplates, Polymerase Chain Reaction (PCR)
•By Disease: Blood-Related Diseases, HIV, Hepatitis
•By Application: Pretransfusion Testing, Investigation Of Immune Hemolysis, Perinatal Testing, Blood Group Phenotyping, Leucocyte And Platelet Serology
•By End User: Blood Banks, Diagnostic And Reference Laboratories, Hospitals, Academic And Research Institutes
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the immunohematology market.
The Business Research Company's "Global Immunohematology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Immunohematology Market Include:
1. Executive Summary
2. Immunohematology Market Characteristics
3. Immunohematology Market Trends And Strategies
4. Immunohematology Market - Macro Economic Scenario
5. Immunohematology Market Size And Growth
……
26. Africa Immunohematology Market
27. Immunohematology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Immunohematology Market
29. Immunohematology Market Future Outlook and Potential Analysis
30. Appendix
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Immunohematology Market Competitive Analysis and Forecast 2017-2025
Global Immunohematology Market: Snapshot
Immunohematology helps in examining the Rh factor, plasma, white blood cells components, and antigens in the blood of the donor. This process is commonly known as blood banking and deals with the preparation of blood cells for transfusions. Immunohematology helps in reducing the threats related to blood transfusions such as thalassemia and HIV.
The global immunohematology market is anticipated to observe substantial growth owing to the development of…