Blood Transfusion Diagnostics Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities

The Blood Transfusion Diagnostics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Blood Transfusion Diagnostics Market?
The blood transfusion diagnostics market has grown rapidly in recent years. It will grow from $4.42 billion in 2024 to $4.96 billion in 2025 at a compound annual growth rate (CAGR) of 12.2%. The growth in this market can be attributed to the increasing number of blood transfusions, emerging pathogens, an aging population, the demand for rapid blood transfusion diagnostics, the rise in chronic diseases, and the growing need for blood.

The blood transfusion diagnostics market is set to grow strongly, projected to reach $6.43 billion in 2029 at a CAGR of 6.7%. Growth is driven by increasing demand for molecular diagnostics, investments in infrastructure, emerging disease threats, and the push for blood safety. Trends include nucleic acid testing, automation, digital systems, rapid diagnostics, and comprehensive screening panels.

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What Are the Different Blood Transfusion Diagnostics Market Segments?
The blood transfusion diagnostics market covered in this report is segmented -

1) By Type: Instruments and Kits, Reagents, Other Types
2) By Technology: Western Blot, ELISA, Nucleic Acid Amplification, Fluorescence assay, Rapid Test
3) By Application: Blood Grouping, Disease Screening
4) By End User: Hospitals, Diagnostic Laboratories, Blood Banks, Plasma Fractionation Companies

Subsegments:
1) By Instruments and Kits: Blood Typing Instruments, Cross-Matching Kits, Blood Screening Instruments, Automated Blood Processing Systems
2) By Reagents: Antisera, Control Solutions, Blood Grouping Reagents, Enzymes and Other Reagents
3) By Other Types: Software Solutions, Consumables, Training And Support Services

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What Are the Primary Drivers Shaping the Blood Transfusion Diagnostics Market?
Rising numbers of surgical procedures globally are increasing the demand for blood transfusion diagnostics, which are crucial to ensuring safe transfusions and preventing infections. According to the US National Library of Medicine and NIH, around 310 million surgeries occur annually, indicating significant market potential for diagnostic tools used in transfusion processes.

Which Companies Are Leading in the Blood Transfusion Diagnostics Market?
Major companies operating in the blood transfusion diagnostics market include BAG Health Care GmbH, Grifols S.A., Bio-Rad LaboratoriesInc., Abbott Laboratories, Immucor Inc., Ortho Clinical Diagnostics, DiaSorin S.p.A, Siemens Healthineers, Thermo Fisher Scientific Inc., Beckman Coulter Inc., Novartis AG, F. Hoffmann-La Roche Ltd., bioMerieux, Diagast SAS, Fujirebio, Biokit S.A., QuidelOrtho Corporation, Danaher Corporation, Becton Dickinson and Company, Quotient Biodiagnostics, Sekisui Diagnostics, Sysmex Corporation, Werfen S.A.

What Trends Are Expected to Dominate the Blood Transfusion Diagnostics Market in the Next 5 Years?
The rising demand for advanced diagnostic tools and the increasing prevalence of infectious diseases are boosting the use of nucleic acid amplification testing (NAAT) to improve blood safety, efficiency, and reduce result turnaround times. NAAT is a technique for detecting nucleic acids from pathogens like bacteria and viruses in blood, tissue, or urine, with high sensitivity and specificity. For example, XCRP Diagnostic Inc. and Luminex Corporation entered into a licensing agreement for XCRP Diagnostic's Xtreme Chain Reaction Nucleic Acid Amplification Technology, allowing Luminex exclusive rights to use this technology for its future molecular diagnostics.

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What Are the Top Revenue-Generating Geographies in the Blood Transfusion Diagnostics Market?
The countries covered in the blood transfusion diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blood Transfusion Diagnostics Market?
2. What is the CAGR expected in the Blood Transfusion Diagnostics Market?
3. What Are the Key Innovations Transforming the Blood Transfusion Diagnostics Industry?
4. Which Region Is Leading the Blood Transfusion Diagnostics Market?

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