Press release
Global Blood Group Typing Market: Surge in Drivers and Emerging Trends
Projected Global Blood Group Typing Market Growth and Size
The blood group typing market size is expanding rapidly, propelled by broadening blood donation drives and surging healthcare infrastructure. The key statistics include,
• Growth from $3.07 billion in 2024 to $3.48 billion in 2025 with a compound annual growth rate (CAGR) of 13.4%.
• A substantial growth to $5.83 billion in 2029 at a CAGR of 13.7%, influenced by increased demand for blood and blood-related products, prevalence of chronic diseases, road accidents, and healthcare spending.
• Major trends for the forecast period encompass automation and high-throughput systems, data integration, public health initiatives, and technological innovations.
What Is Driving The Growth In The Blood Group Typing Market?
Significant growth in the blood group typing market during the historic period can be attributed to the increase in the number of blood donations and transfusions. Various non-profit organizations, government entities, and other agencies have been highlighting the importance of blood donations and transfusions through multiple awareness campaigns. The increase in the number of blood donations has, in turn, led to an increased demand for blood group typing. As per a report by the WHO in 2022, 40% of the 118.5 million donations worldwide were made in high-income nations constituting 16% of the world's population. Additionally, children under the age of five received up to 54% of blood transfusions in low-income countries, whereas patients over 60 received up to 76% of transfusions in high-income countries. These trends have significantly contributed to the growth of the blood group typing market.
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Who Are the Key Players Driving Blood Group Typing Market Growth?
• Grifols S.A.
• Bio-Rad Laboratories Inc.
• Immucor Inc.
• Ortho-Clinical Diagnostics Inc.
• Quotient Limited
• B. Braun Melsungen AG
• AXO Science SAS
• Agena Bioscience Inc.
• Merck KGaA
• Beckman Coulter Inc., Rapid Labs Ltd
• Day Medical SA
• Novacyt Group
• Chemtrade Logistics Income Fund
• DIAGAST SAS
• Thermo Fisher Scientific Inc.
• One Lambda Inc.
• Tulip Diagnostics (P) Ltd.
• Guangzhou Wondfo Biotech Co. Ltd.
• Mesa Laboratories Inc.
• Hemaxis Inc.
• ZenTech S.A.
• Hemogenyx Pharmaceuticals plc
• Lifespan Diagnostics LLC
• TECOmedical AG
• Blood Systems Inc.
• Japan Blood Products Organization
• Medion Diagnostics GmbH
• BioMedomics Inc.
• DiaSorin S.p.A., Grifols Diagnostic Solutions Inc.
• Hemo bioscience Inc.
What Are The Key Trends In The Blood Group Typing Market?
Key trends in the Blood Group Typing Market include:
• Automation and high-throughput systems
• Data integration
• Public health initiatives
• Technological innovations
What Are The Segments Of The Global Blood Group Typing Market?
1) By Test Type: Antibody Screening, Cross-Matching Tests, ABO Tests, Antigen Typing, HLA Typing
2) By Product: Instruments, Reagents And Kits
3) By Techniques: Serology Tests, Molecular Tests
4) By End User: Hospital Based Laboratories, Independent Laboratories And Blood Banks
Which Region Leads The Blood Group Typing Market?
In 2024, North America was the largest region in the blood group typing market. However, Asia-Pacific is expected to emerge as the fastest-growing region in the forecast period. The report covers different regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Blood Group Typing Market Global Market Report?
- Market Size Analysis: Analyze the Blood Group Typing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blood Group Typing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blood Group Typing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blood Group Typing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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