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Press Release / News & Society / Blood Group Typing Market Size, Share, Growth by 2024

Blood Group Typing Market Size, Share, Growth by 2024

By Zion Market Research on March 08 2018 | 133 Views

Blood Group Typing Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Blood Group Typing Market: Overview

Blood group typing is a method of knowing what particular type of blood an individual has that depends on the occurrence of antigens in the red blood cells. It is mainly done in organ/limb donation procedure, to securely receive or donate a blood transfusion and to find out whether Rh aspect is there on the surface of the blood cell (red). Blood group typing is very significant during the time of pregnancy as it can help to prevent extreme anemia in the newborn baby. The blood group typing market has experienced important expansion rate due to the development of technology which has enhanced detection process.

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Global Blood Group Typing Market: Growth Factors

Not all the blood types are compatible, hence it is significant to know and recognize the blood group of a person. Blood typing helps to find out the condition of (HDN) hemolytic disease of the newborn particularly in pregnant women, thus raising the demand and popularity for such tests. Receiving or getting blood which is incompatible with an individual’s blood kind/type (having any foreign antigens) could lead to an unsafe immune response (by making antibodies not in favor of the foreign antigen). Owing to all these factors the demand and popularity for the global blood group typing market have increased significantly in the medical field.

The most important factors that fuel the market growth comprises the increase in demand for blood group typing, particularly during prenatal testing & pregnancy. Other factors that contribute to the growth of the blood group typing market is the increase in the number of blood donations by blood donation campaigns and rise in the number of patients who require blood transfusion majorly in cases of trauma and accidents. Additionally, development in the submission of blood group typing particularly in forensic sciences is further projected to fuel the market development. On the other hand, lack of knowledge and dearth of experienced and trained experts can lead to disingenuous blood transfusion; therefore, leading to decrease in sales of blood bank reagents and eventually hampering the development of the global blood group typing market.

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Global Blood Group Typing Market: Segmentation

The global blood group typing market can be classified into techniques, type of products, end users, test type, and region. By products, the market is divided into instruments, services, and consumables. Based on technique, the market can be categorized into microarray and PCR-based techniques, massively parallel sequencing, assay-based techniques, and other techniques. In terms of test type, the blood group typing market is classified into human leukocyte antigen (HLA) typing, antibody screening, ABO blood tests, cross-matching series, and antigen typing. Based on end user, the market can be classified into clinical laboratories, blood banks, hospitals, and other end users.

Global Blood Group Typing Market: Regional Analysis

North America is anticipated to hold the highest share in the blood group typing market, which is followed by Europe. North America is considered to be the most important market for the blood group typing services and products owing to the presence of various reimbursement ventures for various surgeries and occurrence of several chronic diseases. Asia-Pacific is projected to witness the fastest development in the coming future.

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Global Blood Group Typing Market: Competitive Players

Some of the most important market players in the blood group typing market are Immucor, Inc., Quotient Limited, Ortho Clinical Diagnostics, Inc., DAY Medical SA, DIAGAST, Novacyt Group, Agena Bioscience, Inc., BAG Health Care GmbH., and AXO Science, are among others.

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