Blood Group Typing Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Blood Group Typing Market Size By 2025?
In the past few years, the market size for blood group typing has seen a significant increase. The expected growth from $3.07 billion in 2024 to $3.46 billion in 2025, with a compound annual growth rate (CAGR) of 12.5%, illustrates this. The factors responsible for the impressive growth rate in the historical period include a surge in blood donation drives, an aging population, the expansion of healthcare infrastructure, and an increase in clinical trials.

How Big Is the Blood Group Typing Market Size Expected to Grow by 2029?
The market size for blood group typing is predicted to experience a swift expansion in the coming few years, reaching $5.74 billion in 2029 with a compound annual growth rate (CAGR) of 13.5%. The upturn in this forecasted period can be connected to an escalating demand for blood and related products, an increasing common occurrence of chronic ailments, a surge in road accidents, and an increase in health care expenditure. Dominant trends during this predicted period encompass automation and high-throughput systems, data integration, public health programs, and technological advancements.

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Which Key Market Drivers Powering Blood Group Typing Market Expansion and Growth?
The blood group typing market experienced a surge during the historical era, driven by a rise in blood donations and transfusions. Numerous non-profit organizations, government entities, and other agencies stress the significance of blood donations and transfusions, launching various awareness campaigns. The increase in blood donations heightened the need for blood group typing, enabling donors to be aware of their blood type. For example, the WHO's 2022 report demonstrated that high-income countries, housing 16% of the global population, contributed to 40% of the 118.5 million blood donations made globally. Additionally, children below five years in low-income nations receive approximately 54% of blood transfusions, whereas patients over 60 in high-income countries receive up to 76% of transfusions. Hence, the rise in blood donations and transfusions significantly contributed to the expansion of the blood group typing market.

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What Trends Will Shape the Blood Group Typing Market Through 2029 and Beyond?
Key businesses in the blood group typing sector are focusing on creating breakthrough products utilizing advanced technology such as next-generation sequencing (NGS) to optimize precision and efficacy in blood typing procedures. NGS allows for intricate examination of genetic differences in blood group antigens, thus providing more accurate comprehensive blood group identification. For illustration, in April 2023, Metropolis Healthcare Limited, a health organization based in India, unveiled the NextGen HLA Typing Test. This test employs next-generation sequencing (NGS) technology to amplify the precision of human leukocyte antigen (HLA) typing critical for organ transplants. The innovative testing approach aims to enhance compatibility evaluations between organ donors and recipients, a crucial factor in successful transplantations.

What Are the Emerging Segments in the Blood Group Typing Market?
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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Who Are the Global Leaders 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.

Which are the Top Profitable Regional Markets for the Blood Group Typing Industry?
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.

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