Global Blood Screening Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Technology;

Nucleic Acid Amplification Test (NAT), Enzyme-linked Immunosorbent Assay (ELISA) , Chemiluminescence Immunoassay (CLIA) and Enzyme Immunoassay (EIA) , Next-Generation Sequencing (NGS) and Western Blotting.

By Product;

Reagent and Instrument.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn636285617 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Blood Screening Market (USD Million), 2020 - 2030

In the year 2023, the Global Blood Screening Market was valued at USD 3,420.58 million. The size of this market is expected to increase to USD 6,370.33 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.3%.

The global blood screening market plays a critical role in ensuring the safety and integrity of blood transfusions and blood-derived products. Blood screening involves the testing of donated blood for infectious agents, such as viruses, bacteria, and parasites, to prevent the transmission of transfusion-transmissible infections (TTIs) to recipients. This process is essential for safeguarding the health of patients receiving blood transfusions, as well as for protecting the integrity of the blood supply chain. With millions of blood transfusions performed worldwide each year, the demand for reliable and accurate blood screening solutions continues to grow, driving the expansion of the global blood screening market.

Advancements in medical technology and the emergence of novel infectious agents pose ongoing challenges to blood safety, necessitating continuous innovation in blood screening methodologies and technologies. The global blood screening market encompasses a wide range of products and services, including nucleic acid testing (NAT) systems, immunoassay analyzers, reagents, kits, and software solutions. These products are utilized by blood banks, hospitals, clinics, and diagnostic laboratories to screen donated blood for TTIs such as HIV, hepatitis B and C, syphilis, and malaria. Additionally, blood screening plays a crucial role in screening for emerging infectious diseases, ensuring readiness to respond to new threats and pandemics.

Government regulations, international standards, and quality assurance guidelines set by organizations such as the World Health Organization (WHO) and the International Society of Blood Transfusion (ISBT) govern blood screening practices worldwide. Compliance with these regulations is paramount for blood screening facilities to maintain accreditation and ensure the safety and efficacy of blood products. The global blood screening market is characterized by stringent regulatory requirements, driving manufacturers to develop innovative solutions that meet or exceed regulatory standards while delivering high sensitivity, specificity, and throughput. Overall, the global blood screening market is vital for maintaining the safety and reliability of the blood supply chain, protecting both donors and recipients from the risks associated with transfusion-transmitted infections.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product
    3. Market Snapshot, By Region
  4. Global Blood Screening Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Blood Transfusions
        2. Stringent Regulatory Standards
        3. Technological Advancements
        4. Growing Awareness of Blood Safety
        5. Rising Incidence of Infectious Diseases
      2. Restraints
        1. Cost Constraints
        2. Limited Access to Advanced Technologies
        3. Regulatory Challenges
        4. Blood Donation Shortages
        5. Technological Limitations
      3. Opportunities
        1. Expansion of Blood Donor Pool
        2. Point-of-Care Testing (POCT) Adoption
        3. Emerging Markets Penetration
        4. Blood Screening Automation
        5. Integration of Multiplex Assays
    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 Screening Market, By Technology, 2020 - 2030 (USD Million)
      1. Nucleic Acid Amplification Test (NAT)
      2. Enzyme-linked Immunosorbent Assay (ELISA)
      3. Chemiluminescence Immunoassay (CLIA) and Enzyme Immunoassay (EIA)
      4. Next-Generation Sequencing (NGS)
      5. Western Blotting
    2. Global Blood Screening Market, By Product, 2020 - 2030 (USD Million)
      1. Reagent
      2. Instrument
    3. Global Blood Screening 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. Abbott Laboratories
      2. Bio-Rad Laboratories, Inc
      3. Grifols, S.A
      4. F. Hoffmann-La Roche Ltd
      5. Siemens Healthineers AG
      6. Thermo Fisher Scientific Inc
      7. Ortho Clinical Diagnostics
      8. Danaher Corporation
      9. Becton, Dickinson and Company (BD)
      10. Beckman Coulter, Inc
  7. Analyst Views
  8. Future Outlook of the Market

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