Blood Group Typing Market - Snapshot

The global blood group typing market is driven by the rise in prevalence of major chronic diseases resulting in increase in blood transfusion rate. The global market was valued at US$ 1,500.0 Mn in 2017 and is projected to reach US$ 3,556.0 Mn by 2026, expanding at a CAGR of 10.3% from 2018 to 2026. Expansion of the market is attributed to the increase in demand for kits & reagents for blood group typing tests and increase in rate of adoption of technologically advanced products.

Blood grouping is a procedure to determine a person’s blood type by serologic testing of the blood sample. It is commonly referred to as blood typing. Before each transfusion of blood, compatibility testing for matching blood groups between donor’s and patient's blood sample is performed.

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Various blood typing methods are employed by health care providers including GEL method, slide method, tube method, and allo-antibody testing. Blood group typing products include instruments, consumables, and services. Rise in demand for blood transfusions each year, owing to large patient population suffering from chronic diseases and rapid technological advancement and automation in blood grouping and screening instruments are boosting the global blood group typing market. Moreover, increase in government initiatives and implementation of policies regarding blood safety and availability are expected to fuel the global blood group typing market.

The global blood group typing market can be segmented based on product type, technique, test, end-user, and region. In terms of product type, the global market can be bifurcated into instruments, consumables, and services. The consumables product segment accounted for a major share of the global market, in terms of revenue, in 2017. The segment is projected to expand at a significant growth rate during the forecast period due to introduction of advanced instruments and kits.

Based on technique, the global blood group typing market has been classified into PCR-based, microarray-based, assay-based technique, and massively parallel technique. The PCR-based segment dominated the global market in 2017, and the trend is likely to continue during the forecast period. This is attributed to the increase in preference for PCR-based technique for blood grouping. Based on test, this market has been segregated into antibody screening, HLA typing, ABO blood test, cross matching test, and antigen typing. In terms of end-user, the global market has been divided into hospitals, clinical laboratories, blood bank, and others.

In terms of geography, the global blood group typing market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market and is projected to gain market share by the end of 2026. The market in North America is driven by high percentage of active and voluntary blood donors in the U.S., early availability of advanced technologies, and higher penetration of health care services across the region. The blood group typing market in Asia Pacific is projected to expand at a rapid pace during the forecast period. China dominated the blood group typing market in the region. The market in China is expected to expand at a high CAGR during the forecast period.

Major players operating in the global blood group typing market include Grifols, S. A., Bio-Rad Laboratories, Inc., Merck KGaA, Ortho Clinical Diagnostics, QUOTIENT LIMITED, BAG Health Care GmbH, Immucor, Inc., Beckman Coulter, Inc. (Danaher Corporation), Agena Bioscience, Inc., Rapid Labs Ltd, and Novacyt Group. These companies are adopting the strategy of acquisition and collaboration in order to strengthen their position in the global market.

Blood Group Typing Market - Overview

This report studies the current as well as future prospects of the global blood group typing market. Stakeholders of this report include companies and intermediaries engaged in the manufacture, commercialization, and provision of products for blood group typing and new players planning to enter the market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides the overall information and data analysis of the global blood group typing market with respect to the leading segments based on product, technique, test, end-user, and region.

Based on product, the global blood group typing market has been categorized into instruments [automated, semi-automated, and manual], consumables (reagent, test kits, antisera, others) and services. In terms of technique, the market has been classified into PCR-based, microarray-based, assay-based technique, and massively parallel technique. Based on test, the market has been segregated into antibody screening, HLA typing, ABO blood test, cross matching test, and antigen typing. Based on end-user, the global blood group typing market has been divided into hospitals, clinical laboratories, blood bank, and others.

Each of the segments has been extensively analyzed based on market related factors such as incidence and prevalence of major chronic diseases. Moreover, historical year-on-year growth has been taken into consideration while estimating the market size. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2016 to 2026. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2018 to 2026, considering 2017 as the base year.

The overview section of the report analyzes market dynamics such as drivers, restraints, and opportunities that currently have a strong impact on the blood group typing market and is likely to influence the market in the near future. Market attractiveness analysis has been provided in the overview section in order to explain the intensity of competition in the market across different regions. The competitive scenario among different market players has been evaluated through market share analysis in the competitive landscape section of the report. All these factors are expected to help market players take strategic decisions in order to strengthen their positions and expand their shares in the global blood group typing market.

In terms of geography, the global blood group typing market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size and forecast for each of these regions have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year. The report also provides the market size and forecast for major countries in the respective regions. A detailed qualitative analysis of factors responsible for driving and restraining market growth and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, Porter’s Five Forces analysis, and market share Analysis, by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global blood group typing market.

Key players operating in the global blood group typing market include Grifols, S. A., Bio-Rad Laboratories, Inc., Merck KGaA, Ortho Clinical Diagnostics, QUOTIENT LIMITED, BAG Health Care GmbH, Immucor, Inc., Beckman Coulter, Inc. (Danaher Corporation), Agena Bioscience, Inc., Rapid Labs Ltd, and Novacyt Group.

The global blood group typing market has been segmented as follows:

Global Blood Group Typing Market, by Product

  • Instruments
    • Automated
    • Semi-automated
    • Manual
  • Consumables
    • Reagents
    • Test Kits
    • Antisera
    • Others
  • Services

Global Blood Group Typing Market, by Technique

  • PCR-based
  • Microarray-based
  • Assay-based Technique
  • Massively Parallel Technique

Global Blood Group Typing Market, by Test

  • Antibody Screening
  • HLA Typing
  • ABO Blood Test
  • Cross Matching Test
  • Antigen Typing

Global Blood Group Typing Market, by End-user

  • Hospitals
  • Clinical Laboratories
  • Blood Bank
  • Others

Global Blood Group Typing Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • India
    • Japan
    • China
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
.