Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,954.90 Million | USD 5093.63 Million | 9.50% | 2021 |
FrequentlyAsked Questions
use of blood groups in prenatal testing and forensics, increased blood transfusions from road accidents, and increased demand for blood and related products are some of the factors expected to drive market growth. Blood grouping is an essential test procedure for measuring blood compatibility between donors and recipients and determining the Rh factor prior to transfusion. Increasing use of these tests to diagnose hemolytic disease of the newborn (HDN) is expected to further drive market growth.
According to the report, the global blood group typing market was worth 2,954.90 (USD million) in 2021 and is predicted to grow to 5,093.63 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 9.50 percent.
North America dominates the blood group market. number of road accidents and prevalence of chronic diseases are the factors the market growth. According to the Safe International Road more than 38,000 people die in is 12.4 per road cost more than 380 million medical This is expected to the blood group market the forecast period.
Some of the main competitors dominating the global blood group typing market include-Grifols, S.A., Immucor, Inc., Ortho Clinical Diagnostics, In., Rapid Labs, Quotient, Ltd., Novacyt Group , Bio-Rad Laboratories, Inc BAG Healthcare GmbH , Day medical SA, DIAGAST, and AXO Science.
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