Transfusion Diagnostic Testing Market: Future market projections for forthcoming years

Transfusion diagnostics testing is the process of testing and matching of blood and blood products which are to be transfused to patients. The various complications associated with blood transfusion process are adverse reactions at the time of blood transfusion or few days or months later. Some of the common wrongful blood transfusion reactions include fever, skin rashes, nausea and back pain. Transfusion diagnostic testing is an essential part of healthcare process and provides critical information to physicians and patients. It helps in diagnosis of diseases and assessing the risk associated with transfusion to particular disease in patient and thus determining appropriate therapy or treatment to be administered to the patient.

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Globally, North America dominates the transfusion diagnostics testing market and is followed by Europe. Developing countries of Asia such as Japan, China and India along with regions including Latin America and Middle–East Asia represent the emerging markets for transfusion diagnostics testing. The market growth in developed nations has been attributed to the growth in aging population as well as increased prevalence of diseases such as leukemia, lymphoma, myeloma, kidney failures and several hereditary disorders which need periodic blood transfusion.

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Some of the major factors driving the transfusion diagnostics testing market include ongoing technological advances, new product introductions, increase in aging population, rise in prevalence of blood disorders requiring blood transfusion treatment, improved reimbursement policies and encouragement to blood donation programs by blood collection agencies.

Some of the leading manufacturers in transfusion diagnostic testing market include Abbott Laboratories, BioMerieux SA, Bio-Rad Laboratories, Inc., Chiron Corporation, DiaMed, Inc., Fujirebio Diagnostics, Inc., Immucor, Inc., Ortho-Clinical Diagnostics, Inc. and Roche Diagnostics Corporation.

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