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Global blood screening market forecasts to 2024 made available by top research firm

Global blood screening market forecasts to 2024 made available by top research firm

Global Blood Screening Market accounted to USD 1.94 billion in 2016 growing at a CAGR of 9.70% during the forecast period of 2017 to 2024.

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Global Blood Screening Market Analysis:

Global Blood Screening Market, By Technology (Nucleic Acid Amplification, (rPCR), ELISA, (CLIA, Fluorescence assay), Rapid Test, NGS, Western Blotting), Product (Instrument, Reagent & Kits, Software) & End User (Blood Bank, Hospital), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Global Blood Screening Market accounted to USD 1.94 billion in 2016 growing at a CAGR of 9.70% during the forecast period of 2017 to 2024.

Years considered for this report:

Historical Year: 2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017–2024

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Major Market Competitors:

  • Grifols (Spain)
  • F. Hoffmann –La Roche Ltd. (Switzerland)
  • Abbott (U.S.)
  • Siemens Medical Solutions (Germany)
  • Thermo Fisher Scientific, Inc. (U.S.)
  • bioMérieux (France)
  • Ortho Clinical Diagnostics, (U.S.)
  • Bio-Rad Laboratories, Inc. (U.S.)
  • Becton
  • Dickinson and Company (U.S.)
  • Beckman Coulter, Inc. (U.S.)
  • Alere Inc. (U.S.)
  • Meridian Bioscience Inc. (U.S.)
  • EnzoBiochem Inc. (U.S.)
  • Lab21(U.K.)
  • Cepheid (U.S.)
  • Among others.

Global Blood Screening Market Segmentation:

On the basis of technology, global blood screening market is segmented intonucleic acid amplification, reverse polymerase chain reaction (RPCR), rapid test, NGS and western blotting. ELISA is further segmented into CLIA and fluorescence assay.

On the basis of product, global blood screening market is segmented into instrument, reagent & Kits, and software.

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Here, kits and software held the largest market share because of rise in consumption as well as due to its repetitive use.

On the basis of end user, global blood screening market is segmented into blood bank and hospitals. In 2016, blood bank accounted the largest market share due to increasing demand and transplantation surgeries and rise in government funding to different charitable trust.

On the basis of geography, global blood screening market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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Global Blood Screening Market Competitive Analysis:

The Global Blood Screening Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes blood screening market shares for global, Europe, North America, Asia Pacific, and South America.

Major Market Drivers and Restraints:

Increase in blood donation

Technological advancement

Rising awareness towards transfusion transmitted disease

Growing incidence of infectious disease

Adoption and affordability of nucleic acid amplification test (NAT) during test.

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