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Blood Group Typing Market To Trigger a Astonishing Growth in Healthcare Industry at CAGR of 10% up to 2023

Global Blood Group Typing Market Report Provide Detailed analysis of parent market with respect to all the possible segmentation of the market, size, share, growth and analysis of emerging key players for the market with their effective strategies.

Pune, India - July 9, 2019 /MarketersMedia/

Key Players:

Some of the players leading the global blood group typing market are Grifols International, S. A., Bio-Rad Laboratories, Inc., Beckman Coulter, Ortho Clinical Diagnostics, Inc., Immucor, Inc., Quotient, Ltd., Bag Healthcare GmbH, Novacyt Group, Rapid Labs, Agena Biosciences, Inc., AXO Science, Merck KGaA, and Day Medical SA among others.

Blood Group Typing Market - Sketch

The Blood Group Typing Market is growing pervasively owing to the increasing prevalence of chronic diseases and accident cases, worldwide. Moreover, technological advancements in blood group detections methods such as quantum dots (QDs) and magnetic beads in assays improve identification are escalating the market on the global platform, enhancing the clinical safety in the blood transfusion processes.

According to The American National Red Cross, over 21 MN blood components are transfused each year in the US. Following the same suit, an estimated 6.8 million people in the US donate blood each year. Considering the exponential growth, the market perceives currently; Market Research Future (MRFR), in its recently published study report asserts that the global blood group typing market will grow colossally by 2023, posting a CAGR over 10% during the review period (2018 – 2023).

To Get Free Sample Copy of Report visit https://www.marketresearchfuture.com/sample_request/6410

Additional factors boosting the market growth include the augmenting demand for blood grouping during prenatal testing, the rise in blood donations, and growing usage of blood typing in the forensic sciences. Moreover, the growing number of road accidents and trauma cases which require blood transfusion and the increasing demand for blood products foster market growth.

On the flip side, factors such as the stringent regulatory requirements for blood transfusion are expected to hamper the growth of the global blood group typing market. Also, the unmet clinical needs alongside the unavailability of external funding are obstructing the market growth, especially in the developing regions. Nevertheless, augmenting demand for the blood group typing in the diagnostics that can give fastest & accurate results is propelling the growth of the market.

Competitive Analysis

The blood group typing market appears to be fragmented and fiercely competitive due to many large and small players churning the competition in the market. Through the strategic initiative such as partnership, expansion, acquisition, product & technology launch, and collaboration, these players try to gain a competitive edge in the market.

Industry News

April 08, 2019 ---- Bio-Rad Laboratories, Inc. (the US), a leading global pioneer in the field of clinical diagnostic products and life science research announced the receiving a 510(k) clearance from the U.S. FDA for its automated random access system for blood typing and screening named - IH-500.

The IH-500 system is designed for blood typing and screening based on gel card technology with minimal user intervention across small to medium-sized laboratories. The system can process Bio-Rad’s entire range of IH gel cards for ABO blood grouping, reverse testing, phenotype, Rh-subgroups, antibody screening, antibody identification, single antigen testing, direct AHG testing (DAT), and cross-match, to deliver safe and accurate results.

Segments

MRFR has segmented its analysis into five key dynamics for enhanced understanding.

By Technique: PCR-based &Microarray Techniques, Assay-based Techniques, and Massively Parallel Sequencing among others.

By Test Type: Antibody Screening, HLA Typing, ABO Blood Tests, Cross-Matching Tests, and Antigen Typing among others.

By Product & Service : Consumables, Instruments, and Services.

By End-user: Hospitals, Blood Banks, and Clinical Laboratories among others.

By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World (RoW).

Regional Analysis

The North American region, heading with the presence of a well-developed healthcare sector would retain its dominance over the global blood group typing market with the largest market share. The increasing occurrence of chronic diseases and the high per capita healthcare expenditures propel the growth in the regional market. This market will create a substantial revenue pocket throughout the forecast period. Furthermore, the presence of prominent market players impacts market growth positively.

The blood group typing market in the European & Asia Pacific region accounts for the second & third largest market, respectively. In Europe, the blood group typing market is growing due to the well-spread awareness towards keeping good health and the initiatives undertaken by private and public organizations. Moreover, the growing prevalence of various Hematological disorders, chronic diseases, and the increasing number of blood transfusion procedures in the region are fostering market growth.

The Asia Pacific blood group typing market has been emerging as a promising market, globally. Factors such as the continuously developing economies, the rising prevalence of chronic diseases, spreading awareness towards healthcare, and increasing government funding for the healthcare sector are fostering the growth of the regional market.

Factors substantiating growth in the APAC market include the substantial funds transpired into R&D activities, huge patient population, and rapidly developing healthcare infrastructure, government support. Furthermore, increasing healthcare expenditures and favorable government policies, especially in India and China, are propelling the growth of the market in the region.

Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

LIST OF TABLES

Table 1 Global Blood Group Typing Market Synopsis, 2018–2023

Table 2 Global Blood Group Typing Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Blood Group Typing Market, By Region, 2018–2023 (USD Million)

Table 4 Global Blood Group Typing Market, By Technique, 2018–2023 (USD Million)

Table 5 Global Blood Group Typing Market, By Test Type, 2018–2023(USD Million)

Table 6 Global Blood Group Typing Market, By Product And Service, 2018–2023 (USD Million)

Continued…

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation For Global Blood Group Typing Market

Figure 3 Segmentation Market Dynamics For Global Blood Group Typing Market

Figure 4 Global Blood Group Typing Market Share, By Technique, 2017

Figure 5 Global Blood Group Typing Market Share, By Therapy, 2017

Figure 6 Global Blood Group Typing Market Share, By Product And Service, 2017

Continued…

To Browse Complete Report visit https://www.marketresearchfuture.com/reports/blood-group-typing-market-6410

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Market Research Future
Email: Send Email
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Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/blood-group-typing-market-6410

Source URL: https://marketersmedia.com/blood-group-typing-market-to-trigger-a-astonishing-growth-in-healthcare-industry-at-cagr-of-10-up-to-2023/88894113

Source: MarketersMedia

Release ID: 88894113

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