Global Blood Group Typing Product Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Instruments and Reagents & Kits

By Technique;

Serology Tests and Molecular Tests

By Type;

Antibody Screening, HLA Typing, ABO Blood Tests, Cross-Matching Tests, and Antigen Typing.

By End User;

Hospitals, Clinical Laboratories, Blood Banks, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn752081994 Published Date: November, 2024 Updated Date: December, 2024

Introduction

Global Blood Group Typing Product Market (USD Million), 2020 - 2030

In the year 2023, the Global Blood Group Typing Product Market was valued at USD 2,872.07 million. The size of this market is expected to increase to USD 5,490.88 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.7%.

The global blood group typing product market is a critical segment of the healthcare industry, essential for ensuring safe blood transfusions, organ transplants, and managing pregnancy-related complications. Blood group typing involves determining an individual's blood type, which is crucial for compatibility in medical procedures and emergency situations. The market for blood group typing products encompasses a range of tools and technologies, including reagents, kits, instruments, and software, designed to accurately identify blood types and associated antigens. With the increasing prevalence of chronic diseases, rising number of surgical procedures, and expanding need for blood donations, the demand for reliable and efficient blood group typing products is on the rise.

Technological advancements have significantly enhanced the accuracy, speed, and ease of blood group typing, driving market growth. Automated blood typing systems, for example, offer high-throughput testing capabilities, reducing the risk of human error and improving workflow efficiency in laboratories. Additionally, molecular typing techniques, which provide detailed genetic information about blood groups, are gaining traction for their precision and ability to detect rare blood types. These innovations not only improve patient safety but also streamline operations in blood banks and transfusion centers, contributing to the overall growth of the market.

The global blood group typing product market is poised for substantial growth, driven by factors such as increasing healthcare expenditure, growing awareness about the importance of blood typing, and supportive government initiatives to enhance blood safety. North America and Europe currently dominate the market, attributed to their advanced healthcare infrastructure and high adoption of innovative technologies. However, emerging economies in the Asia-Pacific and Latin America regions are expected to witness significant growth, supported by improving healthcare access, rising healthcare investments, and growing awareness campaigns. As the market continues to evolve, manufacturers are focusing on developing cost-effective, high-quality products to meet the diverse needs of healthcare providers and patients worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Blood Group Typing Product Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Incidence of Hematological Disorders
        2. Growing Geriatric Population
        3. Technological Advancements in Blood Typing Techniques
        4. Rising Awareness About Blood Donation and Safety
      2. Restraints
        1. Stringent Regulatory Requirements
        2. Limited Access to Healthcare in Developing Regions
        3. Risk of Transfusion Reactions and Errors
        4. Competition from Alternative Blood Typing Methods
      3. Opportunities
        1. Development of Point-of-Care Testing Solutions
        2. Adoption of Automation and Robotics
        3. Integration with Molecular Diagnostics
        4. Focus on Personalized Medicine and Blood Matching
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Group Typing Product Market, By Product, 2020 - 2030 (USD Million)
      1. Instruments
      2. Reagents
      3. Kits
    2. Global Blood Group Typing Product Market, By Technique, 2020 - 2030 (USD Million)
      1. Serology Tests
      2. Molecular Tests
    3. Global Blood Group Typing Product Market, By Type, 2020 - 2030 (USD Million)
      1. Antibody Screening
      2. HLA Typing
      3. ABO Blood Tests
      4. Cross-Matching Tests
      5. Antigen Typing
    4. Global Blood Group Typing Product Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Clinical Laboratories
      3. Blood Banks
      4. Others
    5. Global Blood Group Typing Product Market Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Immucor
      2. Merck KGaA
      3. Novacyt Group
      4. Quotient
      5. Ortho Clinical Diagnostics
      6. Bag Health Care GmbH
      7. Rapid Labs
      8. AXO Science
      9. Agena Bioscience
  7. Analyst Views
  8. Future Outlook of the Market