Blood Screening and Typing Market Growth Prospects, Trends and Forecast Up to 2027
Albany NY, United States: Blood Screening and Typing Market: Introduction
- Blood screening and typing market focuses on screening and analysis of donor blood and patient blood, respectively
- Blood screening is a process of testing the donated blood for various contagious infections or blood-borne infections
- Blood typing, also known as blood grouping, is a process of determining a person’s blood type through a serological test of the blood sample
- Patient blood supply analysis focusses on identifying infectious diseases such as sexually transmitted diseases and blood-borne infections, including sepsis and the tests to be carried out for analysis requires grouping the blood into a particular type
- Donor blood tests involves analyzing blood units received from the donor, which involves testing for infectious diseases, followed by blood grouping tests
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Key Drivers of Global Blood Screening and Typing Market
Increase in voluntary unpaid blood donors
- The global blood screening and typing market is driven by the increase in unpaid blood donations by people voluntarily. For instance, according to the World Health Organization (WHO) data published in 2019, the number of blood donations from voluntary unpaid donors increased globally by 11.6 million between 2008 and 2015. Moreover, as per WHO, approximately 78 countries collected over 90% of their blood supply from voluntary unpaid blood donors in the same period. Such instances are driving the global blood screening and typing market.
Government initiatives
- Government initiatives to encourage blood donation are augmenting the blood screening and typing market. For instance, the Government of Malaysia offers blood donors free outpatient treatment and hospitalization benefits after every donation. In Poland, after donating blood, a person is awarded an honorary title, along with a medal. In India, the government launched an initiative called E-RaktKosh in 2016, an online mechanism, which enables integration of all blood banks in a state into one network, giving access to information regarding blood camps and blood availability in hospitals throughout the country. Such factors are likely to drive the global blood screening and typing market.
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Growing number of trauma cases necessitate blood transfusion
- There is a growing number of road accidents and trauma cases requiring blood transfusion. For instance, as per the WHO global data published in 2018, between 20 and 50 million individuals on an average suffered critical injuries as a result of road accidents annually. Injured individuals need blood transfusion, thus propelling the blood screening and typing market.
North America Dominates Global Blood Screening and Typing Market
- North America is a major market for blood screening and typing due to a large percentage of active voluntary blood donors in the U.S., early availability of advanced technologies, and large penetration of health care services across the region
- Blood screening and typing market in Asia Pacific is expected to grow at a high rate due to increasing awareness among individuals about blood donation, growing spending ability of patients, initiatives and funding by governments of various countries and associations in raising awareness, and developing interest of major companies in emerging countries such as China and India
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Key Players Operating in Global Market
The global blood screening and typing market is fragmented due to the presence of numerous players in the global market. The demand for blood screening and typing has increased in both emerging and developed countries. This has resulted in a surge in the number of distributors and suppliers in emerging markets. Some of the key players operating in the global market are:
- Bio-Rad Laboratories, Inc.
- Grifols, S.A.
- Immucor, Inc.
- Ortho Clinical Diagnostics, Inc.
- Quotient, Ltd.
- Roche Diagnostics
- BioMérieux
- Siemens Healthineers
- Thermo Fisher Scientific, Inc
- Ortho Clinical Diagnostics, Inc.
- Beckman Coulter, Inc.
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