Blood Group Typing Trends and Forecast
The future of the global blood group typing market looks promising with opportunities in the assay-based technique, PCR-based and microarray technique, and massively parallel sequencing markets. The global blood group typing market is expected to reach an estimated $3.7 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing incidence of chronic illnesses, surging number of road accidents, and increasing volume of surgical procedures requiring blood donations.Blood Group Typing by Segment
The study includes a forecast for the global blood group typing by product & service, test type, technique, end use, and region.Blood Group Typing Market by Product & Service [Shipment Analysis by Value from 2018 to 2030]
- Consumables
- Instruments
- Services & Software
Blood Group Typing Market by Test Type [Shipment Analysis by Value from 2018 to 2030]
- ABO Blood Tests & Rh Typing
- Antibody Screening
- HLA Typing
- Cross-Matching Tests
- Antigen Typing
Blood Group Typing Market by Technique [Shipment Analysis by Value from 2018 to 2030]
- Assay-Based Techniques
- PCR-Based and Microarray Techniques
- Massively Parallel Sequencing
- Other
Blood Group Typing Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Hospitals
- Blood Banks
- Clinical Laboratories
- Other
Blood Group Typing Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Blood Group Typing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blood group typing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blood group typing companies profiled in this report include-- Bio-Rad Laboratories
- QuidelOrtho
- Grifols
- Thermo Fisher Scientific
- Immucor
Blood Group Typing Market Insights
The publisher forecasts that consumable will remain the largest segment over the forecast period due to ongoing expenses linked to the frequent need for reagents and kits.Within this market, assay-based technique will remain the largest segment due to heightened sensitivity, enhanced objectivity in result interpretation, and increased high-throughput capabilities.
North America will remain the largest region over the forecast period due to strong research and development (R&D) infrastructure and growing adoption of automated blood typing instruments in the region.
Features of the Global Blood Group Typing Market
- Market Size Estimates: Blood group typing market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Blood group typing market size by various segments, such as by product & service, test type, technique, end use, and region in terms of value ($B).
- Regional Analysis: Blood group typing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product & services, test types, techniques, end uses, and regions for the blood group typing market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blood group typing market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the blood group typing market size?Answer: The global blood group typing market is expected to reach an estimated $3.7 billion by 2030.
Q2. What is the growth forecast for blood group typing market?
Answer: The global blood group typing market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the blood group typing market?
Answer: The major drivers for this market are growing incidence of chronic illnesses, surging number of road accidents, and increasing volume of surgical procedures requiring blood donations.
Q4. What are the major segments for blood group typing market?
Answer: The future of the blood group typing market looks promising with opportunities in the assay-based technique, PCR-based and microarray technique, and massively parallel sequencing markets.
Q5. Who are the key blood group typing market companies?
Answer: Some of the key blood group typing companies are as follows:
- Bio-Rad Laboratories
- QuidelOrtho
- Grifols
- Thermo Fisher Scientific
- Immucor
Answer: The publisher forecasts that consumable will remain the largest segment over the forecast period due to ongoing expenses linked to the frequent need for reagents and kits.
Q7. In blood group typing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to strong research and development (R&D) infrastructure and growing adoption of automated blood typing instruments in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the blood group typing market by product & service (consumables, instruments, and services & software), test type (ABO blood tests & RH typing, antibody screening, HLA typing, cross-matching tests, and antigen typing), technique (assay-based techniques, PCR-based and microarray techniques, massively parallel sequencing, and other), end use (hospitals, blood banks, clinical laboratories, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Blood Group Typing Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Bio-Rad Laboratories
- QuidelOrtho
- Grifols
- Thermo Fisher Scientific
- Immucor
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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