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Blood Group Typing Market Analysis Focusing on the Key Issues Surrounding the Growth of the Industry and Further Develop Opportunities

Pune, Maharashtra, India, February 24 2021 (Wiredrelease) Allied Analytics –:The global market size of Blood Group Typing is $XX million in 2019 with XX CAGR, and it is expected to reach $XX million by the end of 2027 with a CAGR of XX% from 2020 to 2027.

Blood group typing is the process of identifying and classifying a persons blood group into one of the classes (such as those designated A, B, ABor O) by means of laboratory tests. Blood group typing test is essential to transfuse blood, test donor blood compatibility with recipient patient, and determine the presence of Rh factor. Not all blood types are compatible, so it is important to know the blood group of an individual. Blood typing helps determine the condition of hemolytic disease of the newborn (HDN) in pregnant women, thereby increasing the demand for such tests. Receiving blood thats incompatible with an individuals blood type (having foreign antigens) could cause a dangerous immune response (by creating antibodies against the foreign antigen). This majorly increases the demand for the blood group typing market.

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COVID-19 scenario-

1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.

2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.

3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.

The key factors that drive the market growth include the rise in demand for blood group typing for pregnancy & prenatal testing, rise in number of blood donations through education & blood donation campaigns, and increase in number of patients who need transfusion due to accidents and trauma.

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The global blood group typing market can be segmented into type of products, techniques, by test type, end users, and region.

•    Based on products, the market is categorized into consumables, instruments, and services.
•    In terms of technique, it is classified into PCR-based and microarray techniques, assay-based techniques, massively parallel sequencing, and other techniques.
•    Based on test type, it is subdivided into antibody screening, human leukocyte antigen (HLA) typing, cross matching series, ABO blood tests, and antigen typing.
•    Based on end user, it is divided into hospitals, blood banks, clinical laboratories, and other end users.
•    By geography, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA.

The Major Key Players Are:

Bio-Rad Laboratories, Inc. (U.S.), Grifols, S.A. (Spain), Immucor, Inc. (U.S.), Ortho Clinical Diagnostics, Inc. (U.S.), Quotient, Ltd. (U.S.), Novacyt Group (France), BAG Healthcare GmbH (Germany), Rapid Labs (U.K.), Day medical SA (Switzerland), DIAGAST (France), and AXO Science (France).

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Key Benefits:

•    The study provides an in-depth analysis of the global blood group typing market with current trends and future estimations to elucidate the imminent investment pockets.
•    The report provides a quantitative analysis from 2020 to 2027 to enable the stakeholders to capitalize on prevailing market opportunities.
•    Key market players are profiled and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the market.
•    Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
•    By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Last Updated: 24-Feb-2021