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The blood group typing market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 11%, as per The Business Research Company’s market report!

Read More On The Blood Group Typing Market Report 2022 – https://www.thebusinessresearchcompany.com/report/blood-group-typing-global-market-report

The Blood Group Typing Market Size In 2022 And Forecast

The global blood group typing market is expected to grow from $2.08 billion in 2020 to $2.34 billion in 2021 at a compound annual growth rate (CAGR) of 12.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The blood group typing is expected to reach $3.59 billion in 2025 at a CAGR of 11.28%.

The blood group typing market consists of sale of blood group typing products and related services by entities (organizations, sole traders and partnerships) that provide blood group type details that are derived from certain tests.

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Increase In Number Of Blood Donations And Transfusions Is Driving The Growth Of The Blood Group Typing Market

For instance, according to WHO, blood donations have increased from 2013 to 2018 with 7.8 million blood donations from voluntary unpaid donors being reported from 2013 to 2018. The increase in the number of blood donations and transfusions thereby contributed to the growth of the blood typing market.

Competitive Landscape And The Regional Analysis Of The Blood Group Typing Market

Major players in the blood group typing market are Grifols, Bio-Rad Laboratories, Immucor Inc., Ortho Clinical Diagnostics, Quotient, BAG Health Care GmbH, AXO Science, Agena Bioscience, Merck KGaA, Beckman Coulter Inc, Sucuri Inc, Rapid Labs, AXO Science, Day Medical SA, and Novacyt Group.

The Blood Group Typing Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the blood group typing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the blood group typing market.

Technological Advancement – A Key Trend In The Blood Group Typing Market

Technological advancements such as automated technologies for blood typing gaining traction in the blood group typing market. Major companies in the market are focusing on introducing new types of tests based on innovative techniques that offer results in low turn-around time, with improved accuracy and efficiency.

Blood Group Typing Market Segmentation By The Business Research Company

1) By Test Type: Antibody Screening, Cross-Matching Tests, ABO Tests, Antigen Typing, HLA Typing

2) By Product: Instruments, Reagents And Kits

3) By Techniques: Serology Tests, Molecular Tests

4) By End User: Hospital Based Laboratories, Independent Laboratories And Blood Banks

Here Are Some Reports Related To The Blood Group Typing Market –

Blood Glucose Meters Global Market Report 2022

Blood Transfusion Diagnostics Global Market Report 2022

Patient Blood Management Global Market Report 2022

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