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Fueling The Blood Group Typing Market The Impact Of Increasing Blood Donations And Transfusions: An Emerging Driver Transforming The Blood Group Typing Market Landscape
Blood Group Typing
What Is the Projected Growth of the Blood Group Typing Market?
The dimensions of the blood group typing market have dramatically expanded in recent times. An upsurge from $3.07 billion in 2024 to $3.48 billion in 2025, with a compound annual growth rate (CAGR) of 13.4%, is expected. The expansion during the historic period can be related to the increase in blood donation campaigns, an aging populace, enhancement in healthcare infrastructure, and escalation in clinical trials.
In the coming years, the market size for blood group typing is projected to witness swift expansion. It will reach a value of $5.83 billion in 2029, escalating at a compound annual growth rate (CAGR) of 13.7%. The surge during the forecast period can be ascribed to growing demand for blood and products derived from blood, increasing instances of chronic illnesses, escalation in road mishaps, and an upsurge in healthcare expenditures. Noteworthy trends for the forecast period encompass automation and high-throughput systems, data consolidation, initiatives in public health, and technological advancements.
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What Are the Different Blood Group Typing Market Segments?
The blood group typing market covered in this report is segmented -
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
Subsegments:
1) By Antibody Screening: Indirect Coombs Test, Enzyme-Linked Immunosorbent Assay (ELISA)
2) By Cross-Matching Tests: Major Crossmatch, Minor Crossmatch, Electronic Crossmatch
3) By ABO Tests: Forward Typing, Reverse Typing
4) By Antigen Typing: Rh Factor Typing, Kell Typing, Other Blood Group Antigen Typings
5) By HLA Typing: Serological Methods, Molecular Methods (PCR-based)
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What Are the Primary Drivers Shaping the Blood Group Typing Market?
The expansion of the blood group typing market was propelled by a rise in the frequency of blood donations and transfusions in the historical period. Various non-profit organizations, government bodies, and other agencies have been promoting the significance of blood donations and transfusions, raising awareness through a variety of campaigns. The surge in blood donations amplified the need for blood group typing, enabling donors to determine their blood type. For example, a 2022 WHO report revealed that while high-income countries, which comprise 16% of the global population, contribute to 40% of the 118.5 million donations made globally. In contrast, in low-income countries, up to 54% of blood transfusions are given to children under five, while in high-income countries, patients over 60 receive up to 76% of transfusions. Consequently, the escalation in blood donations and transfusions aided the growth of the blood group typing market.
Which Companies Are Leading in the Blood Group Typing Market?
Major companies operating in the blood group typing market include 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 Major Trends Shaping the Blood Group Typing Market?
Leading businesses in the blood group typing market are forging ahead with the development of cutting-edge products featuring progressive technologies like next-generation sequencing (NGS). This approach improves the precision and effectiveness of blood typing procedures. NGS provides an in-depth examination of gene variation in blood group antigens, enabling a more meticulously detailed blood group typing. Illustratively, in April 2023, NextGen HLA Typing Test was introduced by Metropolis Healthcare Limited, a health company based in India. This pioneering test uses next-generation sequencing (NGS) technology to augment the correctness of human leukocyte antigen (HLA) typing, chiefly used for organ transplantation. The purpose of this sophisticated test method is to enhance the evaluation of compatibility between donor and recipient, which is essential for the success of transplants.
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What Are the Top Revenue-Generating Geographies in the Blood Group Typing Market?
North America was the largest region in the blood group typing market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the blood group typing market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Group Typing Market?
2. What is the CAGR expected in the Blood Group Typing Market?
3. What Are the Key Innovations Transforming the Blood Group Typing Industry?
4. Which Region Is Leading the Blood Group Typing Market?
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