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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Blood Group Typing Market Outlook
The global blood group typing market attained a value of nearly USD 2.38 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 9.1% to reach about USD 5.21 billion by 2032.
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Upsurge in Blood Donors to Bolster the Market Growth of Blood Group Typing
The blood group typing market is being driven by the surging demand for blood and blood products in both developed and developing countries. The other major factor boosting the demand for blood group typing is the increasing cases of road accidents requiring blood transfusion. Technological advancements, the rising healthcare facilities, and the surging demand for blood grouping during pregnancy or prenatal testing are bolstering the market growth. Moreover, the growing use of forensic sciences and the rising number of blood banks are further supporting the market growth of blood group typing.
Market Segmentation
Blood group typing is a procedure that is used to identify the blood type of an individual. The procedure is integral for organ and blood donation as well as blood transfusion. It is also performed to determine if an individual has a substance called Rh factor on the surface of their red blood cells.
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The major offerings of blood group typing are:
- Consumables
- Antisera Reagents
- Anti-Human Globulin Reagents
- Blood Bank Saline
- Instruments
- Services
The market can be broadly categorised on the basis of its technique segments into:
- PCR-Based and Microarray Techniques
- Assay-Based Techniques
- Massively Parallel Sequencing
- Others
Based on test type, the market is categorised into:
- Antibody Screening
- HLA Typing
- ABO Blood Tests
- Cross-Matching Tests
- Antigen Typing
By end-use, the market is bifurcated into:
- Hospital-based Laboratories
- Independent Laboratories and Blood Banks
The EMR report looks into the regional markets of blood group typing like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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North America holds a Substantial Share in the Market for Blood Group Typing
North America accounts for a substantial share of the blood group typing market due to the increasing number of blood donors. The rising awareness for blood donation and the surging prevalence of chronic disorders in the region are propelling the market growth. With the surging awareness regarding blood safety, the rising demand for blood, and the growing adoption of blood typing technologies, the market is anticipated to witness a significant growth. Furthermore, the Asia Pacific is expected to register a significant market share for blood group typing in the forecast period on account of the growing healthcare facilities and rising number of road accidents and emergencies requiring instant blood transfusion.
Key Players in the Global Market for Blood Group Typing
The report presents a detailed analysis of the following key players in the global blood group typing market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Grifols, S.A.
- Bio-Rad Laboratories, Inc.
- Immucor, Inc.
- Beckman Coulter, Inc.
- BAG Diagnostics GmbH
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Offering |
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| Breakup by Technique |
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| Breakup by Test Type |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global blood group typing market attained a value of nearly USD 2.38 billion.
The market is assessed to grow at a CAGR of 9.1% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 5.21 billion by 2032.
The major market drivers are the rising blood donation rate, the surging demand for blood during prenatal testing, and the increasing applications of forensic sciences.
The key market trends guiding the growth of the market include the growing health consciousness, the rising prevalence of chronic disease, and the surging requirement for blood transfusion by patients due to road accidents.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different offerings of blood group typing include consumables, instruments, and services.
The various techniques of blood group typing in the market are PCR-based and microarray techniques, assay-based techniques, and massively parallel sequencing, among others.
The major test types of blood group typing are antibody screening, HLA typing, ABO blood tests, cross-matching tests, and antigen typing.
The significant end-uses of blood group typing in the market include hospital-based laboratories and independent laboratories and blood banks.
The major players in the market are Grifols, S.A., Bio-Rad Laboratories, Inc., Immucor, Inc., Beckman Coulter, Inc., and BAG Diagnostics GmbH, among others.
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