The global blood transfusion diagnostics market size is expected to grow from $3.34 billion in 2021 to $3.65 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global blood transfusion diagnostic market size is then expected to grow to $5.35 billion in 2026 at a CAGR of 10%.
What is the Global Blood Transfusion Diagnostics Market?
The blood transfusion diagnostics market consists of sales of blood transfusion diagnostics devices and related services. The related services here include only installation and maintenance services offered by equipment manufacturers. Blood transfusion diagnostics are the devices used to conduct tests before transfusion of blood from donor-recipient such as blood grouping disease screening.
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What drives the Global Blood Transfusion Diagnostics Market?
Patients undergoing surgical procedures need a blood transfusion to replace the lost blood during the procedure. Blood transfusion diagnostics are used during the procedures to screen the blood before transferring it to the patient, and will otherwise increase the incidence of infectious disease. According to an article published in the US National Library of Medicine, National Institutes of Health, approximately 310 million surgeries are being performed each year. This increase in the number of procedures will thereby drive the need for blood transfusion diagnostics.
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Global Blood Transfusion Diagnostics Market Segments
The global blood transfusion diagnostics market is segmented:
By Type: Instruments and Kits, Reagents, Others
By End-User: Hospitals, Diagnostic Laboratories, Blood Banks, Plasma Fractionation Companies
By Technology: Western Blot, ELISA, Nucleic Acid Amplification, Fluorescence Assay, Rapid Test
By Application: Blood Grouping, Disease Screening
By Geography: The regions covered in the blood transfusion diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Blood Transfusion Diagnostics Global Market Report 2022provides market size and growth forecasts for the global blood transfusion diagnostics market, global blood transfusion diagnostics market share, blood transfusion diagnostics market segments and geographies, blood transfusion diagnostics market competitive landscape including leading competitors’ revenues, profiles and market shares. The blood transfusion diagnostics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Blood Transfusion Diagnostics Industry Playersinclude BAG Health Care GmbH, Grifols, Bio-Rad Laboratories Inc., Abbott Laboratories, Immucor Inc, Ortho Clinical Diagnostics, DiaSorin S.p.A, Siemens Healthcare Private Limited, Thermo Fisher Scientific Inc., and Beckman Coulter Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
