Global Blood Transfusion Diagnostics Market Scenario:
Intravenous transfer of blood or blood products is known as blood transfusion. Replacement of lost blood components can be done with the help of blood transfusion. Blood components like red blood cells, white blood cells, platelets, clotting factors and plasma are mostly transfused. These blood components are of great importance to laboratories and hospitals during an emergency or a critical case of large volume of blood loss. RBC transfusion is done when hemoglobin levels fall below 100g/L. Blood collected from the donor has to be screened for a number of infectious disease before transfusion. Thus, blood transfusion diagnostics play an important role in blood transfusion in order to avoid infection to both the receiver and healthcare staff. Rising prevalence of infectious diseases, increasing in number of blood transfusion procedures, demand for screened blood products and increasing campaigning or awareness programs drive the growth of this market. Demand of blood and blood products exceeds over their supply thus contributing to the growth of this market. Global market of Blood Transfusion Diagnostics is expected to reach USD 2.45 billion in 2023 from USD 1.50 billion in 2016 with a CAGR of approximately 8.2% during the forecast period 2017-2023.
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Regional Analysis for Global Blood Transfusion Diagnostics Market
Depending on geographic region, blood transfusion diagnostics market is segmented into four key regions: Americas, Europe, Asia Pacific and Middle East & Africa. America is the largest market for blood transfusion diagnostics. Increasing adoption of nucleic acid implication test of diagnosis, automation of blood banks and strict rules pertaining to storage & transfusion of blood drive the growth of this market in North America. Enormous non-government organization working for cancer patients conduct camps and awareness programs for safe handling of blood. The European market is also growing continuously and slowly catching up with the American market in the near future. Demand for improved diagnostics test, available skilled healthcare professionals and collaboration of NGO’s with government bodies boost the growth of this market in Europe. Asia Pacific market is expected to show fastest growth in the blood transfusion diagnostics market during the forecasted period. Japan is the largest market in Asia Pacific. Increasing penetration of market leaders in Asia Pacific, demand out reaching supplies, demand for new technology adoption and increasing number of donors contribute to the growth of this market in Asia Pacific. Middle East & Africa show steady growth in this market.
Key Players for Global Blood Transfusion Diagnostics Market
Market Research Future (MRFR) recognizes the following companies as the key players in Blood Transfusion Diagnostics Market: There are plenty of large and small market players which operate in this market all over the globe.
Major players in this market are: Ortho Clinical Diagnostics (U.S), Immucor (U.S), Beckman Coulter (U.S), Grifols (Spain), Thermo Fisher Scientific, Inc. (U.S.), Roche Diagnostics (Switzerland), bioMérieux (France), Bio-Rad Laboratories, Inc. (U.S.), Siemens Healthineers (Germany), Ortho Clinical Diagnostics, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Novartis AG (Switzerland), Beckman Coulter, Inc. (U.S.), Diagast (France), Abbott Diagnostics (U.S), BAG healthcare (Germany), DiaSorin (Italy), Fujirebio (Belgium), Grifols (Spain), Quidel (U.S), Hologic/Gen-Probe (U.S), Biokit (Spain).
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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
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