PUBLISHER: Value Market Research | PRODUCT CODE: 1547715
PUBLISHER: Value Market Research | PRODUCT CODE: 1547715
The global demand for Blood Group Typing Market is presumed to reach the market size of nearly USD 7.01 Billion by 2032 from USD 2.89 Billion in 2023 with a CAGR of 10.33% under the study period 2024-2051.
Blood group typing is a method of determining an individual's blood type. It is done so that one can safely receive and donate blood or transfuse. It is also done to check if one has a substance called Rh factor on your red blood cells surface. It is performed by adding a blood sample to a solution containing antibodies corresponding to each antigen. It is a fast and easy process and allows receiving or transferring the right kind of blood during surgery or after an injury.
Rising blood donations practices through education & blood donation campaigns and increasing incidence when patients require blood supply due to accidents are vital factors that influence the global blood group typing market's growth. Other factors contributing to the growth of the blood group typing market are the growing need for blood for pregnant women and rising forensic research. Blood group typing is essential to perform to check compatibility with the donor blood type, triggering a dangerous immune response. Meanwhile, the lack of skilled professionals and inadequate awareness can lead to misleading transfusion, resulting in a decline in the blood group typing market.
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 Group Typing. The growth and trends of Blood Group Typing industry provide a holistic approach to this study.
This section of the Blood Group Typing 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 Group Typing 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 Group Typing market include Grifols, S.A., Merck KGaA, Bio-Rad Laboratories Inc., Immucor Inc., Novacyt Group, Danaher Corporation, Agena Bioscience Inc., Ortho Clinical Diagnostics, Quotient Ltd. 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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