According to the new market research report "Blood Screening Market by Technology (Nucleic Acid Amplification, (Real-Time PCR), ELISA (Chemiluminescence immunoassay), Rapid Test, Western Blot), Product (Instrument, Reagent & Kits, Software) & End User (Blood Bank, Hospital) - Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 3.8 billion by 2026 from USD 2.5 billion in 2021, at a CAGR of 8.4%.
Browse in-depth TOC on "Blood
Screening Market"
212 – Tables
44 – Figures
235 – Pages
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The demand for donated blood is rising because of
advancements in healthcare systems and the availability of and the need for
sophisticated surgical procedures, such as cardiovascular & transplant
surgery, trauma care, and therapy for cancer and blood diseases. Emerging
economies such as China, Japan,
and India are
providing lucrative opportunities for the players operating in the market.
The reagents & kits segment accounted for the
largest share of the blood screening market, by product & service segment,
in 2020.
The blood screening market is segmented into
reagents & kits, instruments, and software & services. The reagents
& kits accounted for the largest share of the market in 2020, mainly due to
repeated use of reagents & kits in blood screening procedures due to the
rising blood transfusion procedures, and the high consumption.
Nucleic Acid Test segment to register the highest
growth rate during the forecast period.
The blood screening market is segmented into nucleic
acid test (NAT), enzyme-linked immunosorbent assay (ELISA), rapid tests,
western blot assays, and next-generation sequencing (NGS). In 2020, the nucleic
acid test (NAT) segment accounted for the largest share of the market. Factors
such as the increasing adoption of NAT technology due to its higher sensitivity
over other blood screening technologies and increasing number of blood
donations.
The blood banks segment accounted for the largest
share of the blood screening, by end user segment, in 2020.
Based on end users, the blood screening market is
segmented into blood banks and hospitals. In 2020, the blood banks segment
accounted for the largest share of the market. The growing number of organ
transplantation surgeries is driving the growth of this segment, and the increasing
demand for donated blood.
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North
America is the largest regional market for blood
screening market.
The global market is segmented into five major
regions—north America, Europe,
the Asia Pacific, Latin America,
and the Middle East & Africa.
In 2020, North America accounted
for the largest share of the market. The North American market growth can be
attributed to the increasing healthcare spending, increasing prevalence of
chronic disorders, and the highly developed healthcare system in the US
and Canada.
The major players operating in this blood screening
market are Grifols (Spain),
F. Hoffmann-La Roche Ltd. (Switzerland),
Abbott Laboratories, Inc. (US), bioMérieux (France),
Bio-Rad Laboratories, Inc. (US), Becton, Dickinson and Company (US), Beckman Coulter,
Inc. (Danaher) (US), DiaSorin (Italy),
Siemens Healthineers (Germany),
Thermo Fisher Scientific, Inc. (US), Ortho Clinical Diagnostics Inc. (US), GE
Healthcare (US), Merck KGaA (Germany),
PerkinElmer (US), Bio-Techne Corporation (US), GFE (Germany),
Trinity Biotech (Ireland),
Mindray (China),
Maccura Biotechnology Co., Ltd. (China),
Immucor, Inc. (US), Cellabs (Australia),
Abnova Corporation (Taiwan),
Enzo Biochem, Inc. (US), and Cepheid (US).
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