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 global Blood screening market is projected to reach USD 3.8 billion by 2026 from USD 2.5
billion in 2021, at a CAGR of 8.4%.
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Scope
of the Report
This report categorizes the blood screening market
into the following segments and subsegments:
By Product &
Service
- Reagents & Kits
- NAT Reagents & Kits
- Enzymes & Polymerases
- Standards & Controls
- Probes & Primers
- Buffers, Nucleotides, and Solutions
- Labeling & Detection Reagents
- ELISA Reagents & Kits
- Immunosorbents
- Controls
- Conjugates
- Substrates
- Sample Diluents & Wash Solutions
- Other Reagents & Kits
- Instruments
- Rental Purchase
- Outright Purchase
- Software & Services
By Technology
- Nucleic Acid Test
- Transcription-mediated Amplification
- Real-time PCR
- ELISA
- Chemiluminescent Immunoassays
- Fluorescent Immunoassays
- Colorimetric Immunoassays
- Rapid Tests
- Western Blot Assays
- Next-generation Sequencing
By End User
- Blood Banks
- Hospitals
By Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- Rest of Asia Pacific
- Latin America
- Australia
- Rest of Latin America
- Middle East & Africa
Market Segmentation: -
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.
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.
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.
Regional
Analysis:
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.
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