Blood Transfusion Diagnostics Market Size, Opportunities, Company Profile, Developments and Outlook 2029
Blood Transfusion Diagnostics Market Overview:
The Blood Transfusion Diagnostics Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Blood Transfusion Diagnostics Market, as well as the causes for variances in the industry’s growth in different regions.
The Blood Transfusion Diagnostics Market is expected to reach USD 6.51 billion by 2029, with a CAGR of 7 % between 2022 and 2029.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
by Product
• Instruments & Kits
• Reagents
• Others
With a market share of over 66.25% in 2022, the reagents and kits segment dominated the blood transfusion diagnostics market by product type. In order to successfully and conveniently transfuse blood, medical facilities frequently use reagents and kits. For various blood grouping, type, and other applications, reagents and kits are utilised. Reagents and kits are produced by numerous companies, which is promoting the segment's expansion.
by Application
• Blood Grouping
• Disease Screening
With a market share of over 62.91% in 2022, the illness screening application category led the blood transfusion diagnostics market. The need for disease screening has increased as a result of the proliferation of pathogens. Blood transfusions are risky because they may allow infections to spread throughout the patient's body. Disease screening is necessary for transfused blood in order to guarantee the security of donated blood.
by End-User
• Hospitals
• Diagnostic Laboratories
• Blood Banks
• Plasma Fractionation Companies
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
Blood Transfusion Diagnostics Market, Key Players are:
• Grifols
• Thermo Fisher Scientific
• Roche Diagnostics
• bioMerieux
• Bio-Rad Laboratories
• Immucor
• Siemens Healthineers
• Ortho Clinical Diagnostics
• Becton
• Dickinson and Company
• Novartis
• Beckman Coulter
• Ortho Clinical Diagnostics
• Diagast
• Abbott Diagnostics
• BAG healthcare
• DiaSorin
• Fujirebio
• Quidel
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Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Blood Transfusion Diagnostics Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Blood Transfusion Diagnostics Market:
End-user industries where Blood Transfusion Diagnostics Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Blood Transfusion Diagnostics Market manufacturers, influencing the development of the Blood Transfusion Diagnostics Market in 2020. End-user business demand for Blood Transfusion Diagnostics Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Blood Transfusion Diagnostics Market Report are:
In 2021, which segment held the highest proportion of the Blood Transfusion Diagnostics Market?
What is the Blood Transfusion Diagnostics Market’s competitive landscape?
What are the primary drivers assisting the Blood Transfusion Diagnostics Market growth?
Which region has the most market share in the Blood Transfusion Diagnostics Market?
What will be the Blood Transfusion Diagnostics Market’s CAGR throughout the projected period?
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