Increasing Prevalence of Chronic Blood Disorders Helps Blood Group Typing Market Reach US$3556.0 Mn in Valuation, finds TMR

Increasing Prevalence of Chronic Blood Disorders Helps Blood Group Typing Market Reach US$3556.0 Mn in Valuation, finds TMR

PR Newswire

ALBANY, N.Y, Nov. 12, 2020

- A broad range of tests have clinical application in blood group typing. A broad array of instruments and techniques have become increasingly popular in cross matching transfusion medicine tests.

- Problems related to blood transfusion are now providing new growth avenues for tests for Rhesus and ABO systems.

ALBANY, N.Y, Nov. 12, 2020 /PRNewswire/ -- In a recently published report, Transparency Market Research speaks about the global blood group typing market and its future developments and prospects. The research report entails in detail about the history of market, current trends, possible restraints, geographical outlook, and key players operating in the market space. The research report offers detailed segmentation that provides reader with the micro as well as macro understanding of the global blood group typing market.

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According to the research report, the global blood group typing market was valued at US$1,500 Mn in 2017. The research report expects the market to showcase a promising CAGR of 10.3% over the course of the given forecast period of 2018 to 2026. With the given rate of growth, the global blood group typing market will reach a valuation worth US$ 3,556.0 Mn by the fall of 2026.

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Global Blood Group Typing Market – Overview

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Blood Group Typing Market (Product - Instrument (Automated, Semi-automated, Manual), Consumables (Reagent, Test Kits, Antisera), Services; Technique - PCR-based, Microarray-based, Assay-based Technique, Massively Parallel Technique; Test - Antibody Screening, HLA Typing, ABO Blood Test, Cross Matching Test, Antigen Typing; End use - Hospitals, Clinical Laboratories, Blood Bank - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 at https://www.transparencymarketresearch.com/report-toc/48627

Global Blood Group Typing Market – Key Driving Factors

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Global Blood Group Typing Market – Geographical Outlook

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Global Blood Group Typing Market – Key Players

The competitive landscape of the global blood group typing market is fragmented because of the presence of several notable players. Some of the key companies in the market are 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.

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Global Blood Group Typing Market is segmented as follows:

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Blood Purification Equipment Market: The global blood purification equipment market is expected to expand at a healthy CAGR of 7.5% during the forecast period. The market growth can be primarily attributed to factors such as increasing prevalence of chronic kidney diseases, advancements in technology, growing awareness pertaining to pathophysiology and hematology due to research and development activities, and rising support from government agencies in terms of product approval.

Capillary and Venous Blood Sampling Devices Market: Manufacturers in the capillary and venous blood sampling devices market are increasing their focus to develop COVID-19 rapid test kits that are suitable for qualitative detection of the novel coronavirus using finger-prick samples. Companies are increasing efforts to innovate in small volume blood collection devices that are being made available for retail pharmacies.

Cord Blood Banking Services Market: According to the report, the global cord blood banking services market was valued at US$ 25.8 Bn in 2018 and is anticipated to expand at a CAGR of 10.9% from 2019 to 2027, high incidence of genetic disorders, increasing governments funding are projected to drive the market

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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