PUBLISHER: Value Market Research | PRODUCT CODE: 1542625
PUBLISHER: Value Market Research | PRODUCT CODE: 1542625
The global demand for Blood Screening Market is presumed to reach the market size of nearly USD 13.47 Billion by 2032 from USD 4.74 Billion in 2023 with a CAGR of 12.32% under the study period 2024-2032.
Blood screening is a medical process performed in a laboratory where a donor's blood is tested for various infections. Blood screening is performed prior to blood donation in order to check for infected blood before transfusion. The common blood screening tests are blood group or type, HIV, and pregnancy. Further, blood screening helps to monitor diseases and other viral infections.
The rising prevalence of infectious diseases and increasing awareness regarding blood donations is propelling the global blood screening market growth. Also, raising awareness among people regarding safe blood donation along with the increasing adoption of nucleic acid testing and healthcare is further anticipated to augment the market demand. However, high initial and operating cost and lack of skilled professionals in blood screening can hinder the market growth. Whereas, the adoption of pathogen reduction technology in the blood screening process is expected to stimulate the market over the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Blood Screening. The growth and trends of Blood Screening industry provide a holistic approach to this study.
This section of the Blood Screening market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Blood Screening market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Blood Screening market include Abbott, Danaher Corporation (Beckman Coulter), Becton Dickinson And Company, Bio-Rad Laboratories Inc., Hoffman-La Roche Ltd., Grifols, S.A., Ortho-Clinical Diagnostics Inc., Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., Sofina S.A (Biomerieux). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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