04-Jun-2024 | Zion Market Research
Zion Market Research has published a new report titled “Blood Screening Market By Technology (Rapid Tests, Nucleic Acid Test, Enzyme-Linked Immunosorbent Assay, Next Generation Sequencing, and Western Blot Assay), By Products and Services (Reagents & Kits, Standards & Controls, Buffers, Nucleotides & Solutions, Immunosorbents, Conjugates, Sample Diluents & Wash Solutions, Software & Services, Enzymes & Polymerases, Probes & Primers, Labeling & Detection Reagents, Controls, Substrates, and Instruments), By End-User (Blood Banks and Hospitals), and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032”. According to the report, the global blood screening market size was valued at approximately USD 2.59 billion in 2023 and is predicted to reach around USD 6.91 billion by the end of 2032, expanding at a CAGR of around 11.50% from 2024 to 2032.
Blood is a red liquid with suspended proteins and cells and contains white blood cells, red blood cells, and platelets. Blood plays a key role in the transport of oxygen and nutrients to the cells in the entire body. Blood screening is the process of blood examination for a particular disease. The early identification of diseases helps in curing and monitoring diseases. Blood screening is essential for the diagnosis of diseases, such as cancer, HIV (Human Immunodeficiency Virus), etc. Rising health expenditure, increasing acceptance of nucleic acid testing, and technological advancements witnessed in the blood screening process are driving the blood screening market growth globally. Initiatives undertaken by various governments and government associations for healthcare are creating new growth opportunities for the global blood screening market. However, compound regulatory frameworks, a shortage of skilled workforce, and the existence of substitute technologies may hamper the global blood screening market growth.
Browse the full “Blood Screening Market By Technology (Rapid Tests, Nucleic Acid Test, Enzyme-Linked Immunosorbent Assay, Next Generation Sequencing, and Western Blot Assay), By Products and Services (Reagents & Kits, Standards & Controls, Buffers, Nucleotides & Solutions, Immunosorbents, Conjugates, Sample Diluents & Wash Solutions, Software & Services, Enzymes & Polymerases, Probes & Primers, Labeling & Detection Reagents, Controls, Substrates, and Instruments), By End-User (Blood Banks and Hospitals), and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/blood-screening-market
The technology segment of the global blood screening market includes rapid tests, nucleic acid tests, enzyme-linked immunosorbent assay, next-generation sequencing, and western blot assay. The nucleic acid test segment is subdivided into transcription-mediated amplification and real-time polymerase chain reaction. The enzyme-linked immunosorbent assay is bifurcated into platform and generation. On the basis of the platform, the enzyme-linked immunosorbent assay segment is subdivided into chemiluminescence immunoassay, colorimetric immunoassay, and fluorescence immunoassay. The next generation segment further includes first generation, second generation, third generation, fourth generation, and above. On the basis of products and services, the blood screening market is segmented into standards and controls, reagents and kits, buffers, immunosorbents, conjugates, sample diluents and wash solutions, nucleotides and solutions, enzymes and polymerases, software and services, controls, probes and primers, substrates, instruments, and labeling and detection reagents. By end-user, the market includes blood banks and hospitals.
By region, North America is projected to lead the blood screening market globally in the future due to various technological advancements made in the blood screening process. The Asia Pacific blood screening market is anticipated to grow at the highest pace over the estimated period. The European blood screening market is anticipated to show momentous growth due to the increasing number of blood transfusion procedures and complex surgeries performed across the region. The Middle East and Africa and Latin America are projected to show moderate growth in the future.
Some major players operating in the global blood screening market are Grifols, Abbott Laboratories, Thermo Fisher Scientific, Beckman Coulter, Bio-Rad Laboratories, bioMérieux, Ortho Clinical Diagnostics, Siemens Healthineers, Roche Diagnostics, and Becton, Dickinson, and Company.
This report segments the global blood screening market into:
By Technology
By Products & Services
By End-User
By Region
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