2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the Blood Transfusion Diagnostics Market?

Blood transfusion diagnostics are becoming increasingly important as the number of surgeries rises. As reported by the US National Library of Medicine, approximately 310 million surgeries are performed annually. Blood transfusion diagnostics are crucial to ensuring that blood is safe for transfusion and prevents the spread of infectious diseases, driving demand for these diagnostic tools.

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#What is the Projected CAGR for the Blood Transfusion Diagnostics Market Size from 2025 to 2034?

The blood transfusion diagnostics market size has grown rapidly in recent years. It will grow from $4.42 billion in 2024 to $4.96 billion in 2025 at a compound annual growth rate (CAGR) of 12.2%. This growth is attributed to increasing blood transfusions, the emergence of new pathogens, an aging population, and higher demand for rapid diagnostics.

The blood transfusion diagnostics market is projected to grow at a strong pace, reaching $6.43 billion by 2029 at a CAGR of 6.7%. This growth is supported by the rising demand for precision medicine, increased investment in blood transfusion infrastructure, the demand for molecular blood transfusions, emerging infectious diseases, and blood safety concerns. Significant trends include advancements in diagnostic technologies, point-of-care testing, automation, nucleic acid testing (NAT), digital integration, expanded pathogen panels, and advanced testing technologies.

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What Are the Key Market Innovations in theBlood Transfusion Diagnostics Market Over the Coming Years?

The nucleic acid amplification testing (NAAT/NAT) market is growing due to the rising demand for advanced diagnostics and increasing prevalence of infectious diseases. NAT is a method that detects specific DNA or RNA sequences of pathogens in blood, tissue, or urine samples. It offers high sensitivity and specificity and can detect infections earlier than traditional techniques. For example, XCRP Diagnostic Inc. and Luminex Corporation entered into a licensing deal, granting Luminex exclusive rights to use XCR Diagnostic’s Xtreme Chain Reaction NAAT technology in its future molecular diagnostics.

Who Are the Leading Market Players Fueling Growth in the Blood Transfusion Diagnostics Market Trend?

Major companies operating in the blood transfusion diagnostics market include BAG Health Care GmbH, Grifols S.A., Bio-Rad LaboratoriesInc., Abbott Laboratories, Immucor Inc., Ortho Clinical Diagnostics, DiaSorin S.p.A, Siemens Healthineers, Thermo Fisher Scientific Inc., Beckman Coulter Inc., Novartis AG, F. Hoffmann-La Roche Ltd., bioMerieux, Diagast SAS, Fujirebio, Biokit S.A., QuidelOrtho Corporation, Danaher Corporation, Becton Dickinson and Company, Quotient Biodiagnostics, Sekisui Diagnostics, Sysmex Corporation, Werfen S.A.

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How is the Global Blood Transfusion Diagnostics Market Segemented?

The blood transfusion diagnostics market covered in this report is segmented –

1) By Type: Instruments and Kits, Reagents, Other Types

2) By Technology: Western Blot, ELISA, Nucleic Acid Amplification, Fluorescence assay, Rapid Test

3) By Application: Blood Grouping, Disease Screening

4) By End User: Hospitals, Diagnostic Laboratories, Blood Banks, Plasma Fractionation Companies

Subsegments:

1) By Instruments and Kits: Blood Typing Instruments, Cross-Matching Kits, Blood Screening Instruments, Automated Blood Processing Systems

2) By Reagents: Antisera, Control Solutions, Blood Grouping Reagents, Enzymes and Other Reagents

3) By Other Types: Software Solutions, Consumables, Training And Support Services

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Which Geographics are Influencing the Growth of the Blood Transfusion Diagnostics Market?

The countries covered in the blood transfusion diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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