Blood Group Typing Market: Industry Growth, Size, Share and Forecast 2019-2025

Posted by Orion Market Research on October 1st, 2019

The global blood group typing market is expected to grow at a significant CAGR. Blood group typing is a process that assists in determining the type of the blood of humans by means of laboratory tests. Blood group typing enables the medical service providers to know the similarity of blood groups of the donor and the receiver for organ donation or blood transfusion procedure. Additionally, blood typing is vital for prenatal testing in the case of pregnant women where the mother has a RhD negative blood group and the father has a positive RhD blood group. 

Browse the full report description of "Blood Group Typing Market, by Technique (Assay-Based Techniques, PCR-Based Techniques, Others), by End-User (Hospitals and Clinics, Blood Banks) – Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025" at https://www.omrglobal.com/industry-reports/blood-group-typing-market

Blood Needs & Blood Supply-

• 1 donation can potentially save 3 lives.
• Every 2 seconds someone needs blood in the US. 
• Less than 38% of the world’s population is eligible to donate blood.

The global blood group typing market is anticipated to grow at a substantial rate due to a number of factors. These factors include a rise in blood donations across the globe due to blood donation campaigns and awareness through education, and the growing requirement of blood in surgical treatments are the factors fueling the growth of this market. There is a rise in the number of road accidents in the African and Middle East region followed by the Asia-Pacific region. These will surge the requirement of blood, as there is a huge loss of blood in fatal road accidents. 

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However, the growth of the blood group typing industry could be hampered by a lack of awareness and lack of skilled or trained professionals that can lead to problems in transfusion and decline in sales of blood bank reagents. Furthermore, rigorous monitoring requirements for blood transfusion will lead to slower growth of this market. 

Current Market Trends Covered in the Market Report:

• Strategic alliance with local companies to strengthen the distribution network.
• North America to be a highly lucrative market for blood group typing market.
• Increase in preference for PCR-based technique to boost the market growth.
• Increase in blood donation awareness through government initiatives and campaigns.
• Growing requirement of blood in surgical treatments.

Global Blood Group Typing Market – Segmentation 

By Technique

• Assay-Based Techniques
• PCR-Based Techniques
• Others (Massively Parallel Sequencing)

By End-User

• Hospitals and Clinics
• Blood Banks

Global Blood Group Typing Market –Region 

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

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