Blood Transfusion Diagnostics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Global Blood Transfusion Diagnostics Market: By Technology (ELISA, Nucleic Acid Amplification, Rapid Test, Real-Time PCR, Fluorescence Assay, and Western Blot), By Product type (Platelets, Red Blood Cells, and Albumin), By Application (Disease Screening, Blood Grouping, Others), By End User (Hospitals, Blood Banks, Diagnostic Laboratories), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global blood transfusion diagnostics market was valued at US $ XX Mn in 2017 and expected to grow at 7.0% Compound Annual Growth Rate (CAGR) over 2018 to 2024

Market Outline: Blood Transfusion Diagnostics Market

Blood transfusion is a medical procedure in which the blood is donated to the patient through a narrow tube that is placed within the vein. The blood transfusion is a life-saving procedure which helps in replacing the blood loss during surgery or injury. The transfusion process is done even if the patient’s body is not capable of make blood owing to illness. With blood transfusion process, blood products like red blood cells, white blood cells, platelets and others are transfused to the patient. The blood transfusion diagnostics play a vital role in the blood transfusion which reduces the chance of infection.

Market Dynamics: Blood Transfusion Diagnostics Market

The development in the technology is a key factor attributing to the growth of the blood transfusion diagnostics market. The growing blood transfusion procedures and increasing prevalence of infectious diseases are anticipated to drive the growth of the market.  Increase in the awareness among the healthcare fraternity regarding the blood transfusion is likely to propel the growth of the market. The automation of the blood banks are adding fuel for the growth of the blood transfusion diagnostics market. However, the risk involved in the transmission of the infectious diseases is likely to hinder the growth of the blood transfusion diagnostics market.

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Market Scope: Blood Transfusion Diagnostics Market

Blood transfusion diagnostics market is segmented based on the technology, product type, and end-user.

Based on the technology, the market is segmented into the following:

• ELISA
• Nucleic Acid Amplification
• Rapid Test
• Real-Time PCR
• Fluorescence Assay
• Western Blot

Based on the product type, the market is segmented into the following:

• Platelets
• Red Blood Cells
• Albumin

Based on the application, the market is segmented into the following:

• Disease Screening
• Blood Grouping
• Others

Based on the end user, the market is segmented into the following:

• Hospitals
• Blood Banks
• Diagnostic Laboratories

Regional Analysis:  Blood Transfusion Diagnostics Market

Geographically, global blood transfusion diagnostics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America blood transfusion diagnostics market is growing due to increase in the prevalence of blood related disorders. The higher awareness among the patient pool is likely to enhance the growth of the market in this region. The growing adoption of the nucleic acid amplification in the diagnosis of the blood and blood products is enriching the growth of the blood transfusion diagnostics market. The increasing adoption of the advanced treatment procedures is adding fuel for the growth of the market in this region. The Europe and the Asia Pacific regions fall next to that of the North America. The Asia Pacific market is expected to be the fastest growing market over the forecast period owing to its presence of large number of patient pool.

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Competition Assessment: Blood Transfusion Diagnostics Market

Some of the players in the global blood transfusion diagnostics market include:

• Abbott Diagnostics (U.S)
• Novartis AG (Switzerland)
• Becton Dickinson (U.S)
• BAG healthcare (Germany)
• DiaSorin (Italy)
• Fujirebio (Belgium)
• Grifols (Spain)
• Siemens (Germany)
• Quidel (U.S)
• Hologic/Gen-Probe (U.S)
• Biokit (Spain)
• Bio-Rad (U.S)
• Beckman Coulter (U.S)
• Quotient Limited (U.S)
• Diagast (France)

Notable Market Developments: Blood Transfusion Diagnostics Market

• In June 2017, Grifols has launched Erytra Eflexis, the latest advancement in scalable blood typing solutions which can adapt to different laboratory workflow

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Key Features of the Report:

• The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
• The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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