Press release
Blood Screening Market: Strong Growth Projections, Notable Drivers, and Emerging Trends
Blood Screening Market Size
What Is The Projected Market Size Of The Global Blood Screening Market And Its Growth Rate?
The blood screening market shows an impressive growth trajectory, attributed to factors such as rising prevalence of transmissible diseases, increased blood donation, and evolving healthcare regulations. Below are the key statistics:
• The market is expected to grow from $3.15 billion in 2024 to $3.45 billion in 2025.
• This growth represents a compound annual growth rate (CAGR) of 9.6%.
• Segmentation of this market includes products such as Reagents And Kits, Instruments, Software And Services; technology like Nucleic Acid Testing, Enzyme-Linked Immunosorbent Assay (ELISA), Rapid Tests, Western Blot Assays, Next-Generation Sequencing (NGS); and use cases in Blood Banks, Diagnostic Centers And Pathology Labs, Hospitals, Clinics, Ambulatory Surgical Centers (ASCs).
What Is Driving The Growth In The Blood Screening Market?
The growth in the blood screening market is primarily influenced by the escalating prevalence of infectious diseases. Blood screening is playing an increasingly important role in diagnosing and preventing the spread of infectious conditions, contributing significantly to market growth.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9047&type=smp
Who Are the Key Players Driving Blood Screening Market Growth?
• The role of blood screening in addressing chronic diseases is significant. Blood screening ensures compatibility between donor's and recipient's blood types during transfusions, which is essential for treatment of many chronic diseases.
• These include autoimmune diseases, hematological disorders, and various forms of cancers.
• As per data from the World Health Organization, chronic diseases cause 74% of all deaths globally every year.
• Hence, the increasing prevalence of chronic diseases is propelling the growth of the blood screening market.
What Are The Key Trends In The Blood Screening Market?
Key trends in the blood screening market include:
• An upward trend in blood transfusion requirements.
• Rising prevalence of transmissible diseases.
• Evolving government regulations and standards.
• Increasing blood donations and collection.
• Rising global health concerns and pandemic threats.
What Are The Segments Of The Global Blood Screening Market?
• The primary products in blood screening include reagents and kits, instruments, software, and services.
• The technology used includes nucleic acid testing, enzyme-linked immunosorbent assay (ELISA), rapid tests, western blot assays, and next-generation sequencing (NGS).
• The demand and use spans across blood banks, diagnostic centers and pathology labs, hospitals, clinics, and ambulatory surgical centers (ASCs).
Which Region Leads The Blood Screening Market?
In a notable development, Pfizer Inc., a US-based pharmaceutical and biotechnology corporation, acquired Global Blood Therapeutics, Inc. in 2022. This acquisition aims to bolster Pfizer's portfolio, expand its research and development capabilities, and fortify its market position.
Global Blood Therapeutics, Inc. provides innovative therapies for sickle cell disease and other rare blood disorders.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/blood-screening-global-market-report
What Is Covered In The Blood Screening Market Global Market Report?
- Market Size Analysis: Analyze the Blood Screening Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blood Screening Market for an 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 Screening Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blood Screening Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/customise?id=9047&type=smp
Learn More About The Business Research Company
Learn More About the Business Research Company. The company has built a reputation for offering comprehensive, data-rich research and insights over a broad range of industries covering 60+ geographies. With 1,500,000 datasets, supplemented by in-depth secondary research and unique insights from industry leaders, you can stay ahead of the curve.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Blood Screening Market: Strong Growth Projections, Notable Drivers, and Emerging Trends here
News-ID: 3827665 • Views: …
More Releases from The Business Research Company
Impact Of Rising Communicable Diseases On The Growth Of Market Emerges as a Core …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Retail Clinics And In Store Healthcare Market Through 2025?
The scope of the retail clinics and in-store healthcare sector has expanded quickly over the last few years, projecting an increase from a valuation of $32.3 billion in the year 2024 to reach…
What Is Driving Global Restless Leg Syndrome Market Growth in 2025: The Role of …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Restless Leg Syndrome Market Size Growth Forecast: What to Expect by 2025?
The market encompassing restless leg syndrome has experienced swift expansion over the past few years, projected to climb from a valuation of $1.91 billion in 2024 to $2.16 billion in 2025, reflecting a compound annual growth rate…
Psychosis Market Trends That Will Shape the Next Decade: Insights from Advancing …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Psychosis Market Size By 2025?
The overall scope of the psychosis market has experienced a robust expansion lately, projected to ascend from a valuation of $9.88 billion in 2024 to $10.46 billion by 2025, reflecting a compound annual growth rate (CAGR) of 5.8%. This upward…
Top Market Shifts Transforming the Prostate Health Market Landscape: Key Insight …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Prostate Health Market Through 2025?
The overall market catering to prostate health has experienced substantial expansion lately, projected to transition from a valuation of $34.07 billion in the year 2024 to $37.23 billion by 2025, reflecting a consistent compound annual growth rate…
More Releases for Blood
Anthony Tony B Powell Releases I Am Drenched in the Blood of Jesus Christ Blood …
Image: https://www.aionewswire.com/storage/images/ckeditor//Author%20Photo_1761680899.jpg
A book that shows the true meaning of the blood of Jesus and how it changes lives
Blood sustains the body, but it is the blood of Jesus Christ that grants eternal life and salvation to the soul. In his new book, I Am Drenched in the Blood of Jesus Christ: Blood Bought, Blood Stained, Blood Washed [https://www.amazon.com/Am-Drenched-Blood-Jesus-Christ/dp/1662871961], Anthony B. Powell takes readers on a profound spiritual journey into the…
Global Blood Processing Consumables(CH 5) Market Size - By Product Type(blood ad …
Market Overview and Report Coverage
Blood Processing Consumables encompass various products and materials used in the collection, storage, processing, and transfusion of blood and blood components. This category includes items like blood bags, tubes, filters, and reagents essential for laboratories and hospitals in ensuring safe and effective blood management.
The current outlook for the Blood Processing Consumables market indicates robust growth driven by increasing healthcare needs, advancements in medical technology, and a…
Medical Blood Bag Market 2027 Global Analysis and Forecasts by Type (Single Bloo …
The medical blood bags are the instruments that are used to store, collect, transport, and transfuse blood and its components. The disposable blood bags replaced the use of glass bottles due to problems associated with the use of glass bottles including insufficient sterility, leading to contamination of the blood, and the development of air bubbles resulted in severe complications during blood transfusion.
Access Sample Report@: https://bit.ly/3rGMS4Q
Leading Players in the…
Global Blood coagulation analyzer Market, Blood coagulation analyzer Market 2020 …
The Blood coagulation analyzer market report provides a comprehensive view of global Blood coagulation analyzer industry. The study provides the industry overview with its growth analysis including CAGR, market shares, sales, gross margin, value, future trends, market opportunities etc. The study also includes analysis of historic data from 2015 to 2019 along with forecast from 2020 to 2025. Further, the Blood coagulation analyzer report contains drivers andrestraints of Blood coagulation…
Blood Bank (Blood Banking) Market 2019 Analysis By American Red Cross, Japan Red …
According to this study, over the next five years the Blood Bank (Blood Banking) market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 40500 million by 2024, from US$ 26000 million in 2019.
Blood Bank (Blood Banking) Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion,…
Blood Bank (Blood Banking) Market Stay on The top of this growing business Indus …
Reports Monitor released a new Global Blood Bank (Blood Banking) Market research study with over 100 industry informative desk and Figures spread through Pages and an in-depth TOC on “Blood Bank (Blood Banking) Market”.
Global Blood Bank (Blood Banking) market 2019 research lays out the knowledge to achieve positive growth and presents different methods for maximizing your profit. The market study puts forward estimates for Global Blood Bank (Blood Banking) Market 2019 analysis and Forecast…
