Immunohematology Market Size, Share, Growth Report 2032

Immunohematology Market Size

The global Immunohematology market size was worth around USD 1.92 billion in 2023 and is predicted to grow to around USD 4.20 billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.1% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The report covers a forecast and an analysis of the Immunohematology market on a global and regional level.

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Immunohematology Market: Overview

Immunohematology is the study of antibodies and RBC antigens that are mainly associated with blood transfusion. The basic principle of immunohematology is the reaction between antigens and antibodies, which either causes hemolysis or RBC agglutination. This is used to detect the presence of a particular antigen in the blood.

As per the NCBI, about 250,000 children suffer from sickle cell anemia every year. According to the CDC, about 100,000 people in the U.S. suffer from sickle cell disease, which is likely to increase in the upcoming years. This growing prevalence of blood-related diseases, such as sickle cell disease, is leading to an increase in the demand for blood transfusion procedures. This, in turn, is fueling the global immunohematology market. Additionally, the prevalence of blood cancer is also driving the global immunohematology market, as it requires blood transfusion frequently. Moreover, the increase in accidents worldwide, rise in the number of blood banks and diagnostics centers in developing countries, new product launches for immunohematology, and growth in government funding are further propelling the immunohematology market globally. However, the high cost of analyzers and reagents and the dearth of skilled professionals may limit the global immunohematology market growth.

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Immunohematology Market: Segmentation

The study provides a decisive view of the immunohematology market by segmenting it on the basis of product, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on products, the immunohematology market is divided into immunohematology analyzers and immunohematology reagents. Immunohematology reagents are anticipated to dominate the market in the future, owing to the increase in research activities and growth in the use of customized reagents for research and diagnostic purposes.

The application segment of the immunohematology market includes blood typing, antibody screening, and others. Antibody screening dominated the market in 2018, owing to its increased use for blood transfusion.

On the basis of end-user, the market includes blood banking, diagnostics and reference laboratories, hospitals, and academic and research institutes.

Immunohematology Market: Report Scope

Immunohematology Market: Regional Analysis

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

North America is projected to dominate the global immunohematology market in the years ahead, owing to the early introduction of highly developed techniques, the presence of a highly skilled workforce, and availability of advanced healthcare infrastructure. The Asia Pacific region is anticipated to be the most lucrative market for immunohematology in the upcoming years, owing to the rising investments and funding by government, the establishment of blood banks and trauma centers in India and China, presence of a large patient pool, and increasing accidents in the region.

Immunohematology Market: Competitive Players

Some major players in the global immunohematology market are:

• Thermo Fisher Scientific
• Bio-Rad Laboratories
• IMMUNOCOR
• Siemens Healthineers
• Ortho Clinical Diagnostics
• Grifols
• Beckman Coulter
• Becton
• Dickinson and Company
• Abbott Laboratories
• Merck

This report segments the global immunohematology market into:

Global Immunohematology Market: Product Analysis

• Immunohematology Analyzer
• Immunohematology Reagents

Global Immunohematology Market: Application Analysis

• Blood Typing
• Antibody Screening
• Others

Global Immunohematology Market: End-User Analysis

• Hospitals
• Academic and Research Institutes
• Diagnostics and Reference Laboratories
• Blood Banks

Global Immunohematology Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa