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Trends and Growth Drivers of the Global Immunohematology Market: A Comprehensive Market Size Analysis and CAGR Projections till 2029
The booming Immunohematology market is experiencing strong growth thanks to advancements in blood sciences and a proliferation of blood-related diseases.What Is The Projected Market Size Of The Global Immunohematology Market And Its Growth Rate?
• The market size for Immunohematology has seen consistent growth in recent years, rising from $2.46 billion in 2024 to an expected $2.57 billion in 2025, growing at a CAGR of 4.6%.
• This growth is due to advancements in blood transfusion science, a high incidence of blood disorders, enhanced blood safety initiatives by governments, and increased awareness of transfusion-related risks.
• The market size is predicted to continue its strong growth trend over the next few years, reaching $3.24 billion by 2029 at a CAGR of 5.9%.
• This forecasted growth can be attributed to the increased demand for point-of-care testing, the emergence of novel blood products, expansion of healthcare infrastructure, advancements in genetic testing for blood compatibility, and enhanced regulatory support for blood safety.
What Is Driving The Growth In The Immunohematology Market?
The Immunohematology market's growth is propelled by a prominent surge in hematological disorders. These conditions affect various blood components such as red blood cells, white blood cells, platelets, and plasma. Immunohematology techniques help prevent transfusion reactions caused by incompatible blood types or the presence of antibodies in a recipient's blood, thereby making blood transfusions safer and more effective. Immunohematology plays a crucial role in diagnosing and treating diseases related to the immune system that impact the hematological system. According to Cancer Research UK, the average number of new leukemia cases caused by hematological disorders in the UK is expected to rise from roughly 12,400 cases in 2023-2025 to around 14,500 cases in 2038-2040.
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Who Are the Key Players Driving Immunohematology Market Growth?
Notable companies operating in the Immunohematology market include:
• Ortho Clinical Diagnostics Inc.
• Immunocor Inc.
• Abbott Laboratories
• Siemens Healthineers AG
• Grifols S.A.
• Beckman Coulter Inc.
• Thermo Fisher Scientific Inc.
• Becton Dickinson and Company
• Merck Co. & KGaA
• Bio-Rad Laboratories
What Are The Key Trends In The Immunohematology Market?
Key trends in the Immunohematology market include:
• Automation and high-throughput systems
• Molecular blood typing methods
• Antibody detection techniques
• Patient blood management programs
• Integration of AI in analysis
• Telemedicine integration
What Are The Segments Of The Global Immunohematology Market?
The Immunohematology market report segments the market by:
• Product: Analyzers and Systems, Reagents
• Technology: Biochips, Erythrocyte-Magnetized Technology (Met), Gel Cards, Microplates, Polymerase Chain Reaction (PCR)
• Disease: Blood-Related Diseases, HIV, Hepatitis
• Application: Pretransfusion Testing, Investigation of Immune Hemolysis, Perinatal Testing, Blood Group Phenotyping, Leucocyte and Platelet Serology
• End User: Blood Banks, Diagnostic, and Reference Laboratories, Hospitals, Academic and Research Institutes
Which Region Leads The Immunohematology Market?
North America was the largest region in the Immunohematology market in 2024. Furthermore, Asia-Pacific is expected to be the fastest-growing region within the global Immunohematology market during the forecast period. The regions covered in the report include, Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Immunohematology Market Global Market Report?
- Market Size Analysis: Analyze the Immunohematology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Immunohematology 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 Immunohematology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Immunohematology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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