Blood Transfusion Diagnostic Market: Rising Patient Pool with Chronic Ailments to Bolster Market Growth – Fact.MR
Molecular-based Disease Screening shall find widespread application of blood transfusion diagnostics, capturing over 70% of the market.
The recent study by Fact.MR on blood transfusion diagnostics market offers a 5-year forecast between 2020 and 2025. The study analyzes crucial trends that are currently determining the growth of blood transfusion diagnostics market. This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the provision of blood transfusion diagnostics. The study also provides dynamics responsible for influencing future status of the blood transfusion diagnostics market over the forecast period.
- North America is poised to remain the leader in the global blood transfusion diagnostics market.
- Asia-Pacific is anticipated to grow the fastest, registering a staggering CAGR of 7.0%, capturing greater than two-fifths of the global blood transfusion diagnostics market.
- Molecular-based Disease Screening to Stimulate Market Growth
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Global Blood Transfusion Diagnostics Market Analysis and Forecasts, by Region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Market Attractiveness, by Region
COVID-19 Impact on Market:
The recent COVID-19 pandemic has presented expansion opportunities for blood transfusion diagnostics market. A series of plasma transfusion trials are being conducted in the United States. Practitioners extract the liquid medium from recovered patients and introduce it to infected ones. This “convalescent plasma” is anticipated to boost the immunity of patients battling the disease. On the back of these trends, the global blood transfusion diagnostics market is poised to expand positively at a CAGR of 6.3% during the forecast period (2020-2025).
Leading Players operating in the Blood Transfusion Diagnostics Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- BAG Health Care GmbH
- Bio-Rad Laboratories, Inc.
- Hoffmann-La Roche Ltd
- Immucor, Inc.
- DiaSorin S.p.A.
- Grifols, S.A. Ortho Clinical Diagnostics
- Quotient Limited.
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About the Study
The study offers readers a comprehensive assessment of the Blood Transfusion Diagnostics Market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis product type (Instruments&Kits & Reagents), application (Blood Grouping and Disease Screening), end user (hospitals, Blood Banks, Diagnostic Laboratories, Plasma Fractionation Companies), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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