The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest blood transfusion diagnostics market share.

The global blood transfusion diagnostics market is expected to grow from $3.65 billion in 2022 to $3.98 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The blood transfusion diagnostics market is expected to grow from $5.68 billion in 2027 at a CAGR of 9.3%.

Major Driver In The Blood Transfusion Diagnostics Market ­– Increase In The Number Of Procedures
Each year, roughly 310 million procedures are conducted, according to an article published in the US National Library of Medicine, National Institutes of Health. As the number of procedures increases, so will the demand for blood transfusion diagnostics.

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Key Blood Transfusion Diagnostics Market Segments
1) By Type: Instruments and Kits, Reagents, Other Types
2) By End User: Hospitals, Diagnostic Laboratories, Blood Banks, Plasma Fractionation Companies
3) By Technology: Western Blot, ELISA, Nucleic Acid Amplification, Fluorescence assay, Rapid Test
4) By Application: Blood Grouping, Disease Screening

Recent Blood Transfusion Diagnostics Market Trend – Growing Demand For Advanced Diagnostic Measures
The growing demand for advanced diagnostic measures, as well as the increasing prevalence of infectious diseases caused by pathogens such as bacteria and viruses, increase the preference for nucleic acid amplification testing (NAAT/NAT) to improve blood safety, efficiency, and result turnaround time. NAT is a technique that aids in the detection of a specific nucleic acid, virus, or bacteria acting as a pathogen in blood, tissue, or urine. NAT is very sensitive and specific for viral nucleic acids, amplifies the region of targeted viral DNA, identifies them earlier than other standard approaches, and shortens the infectious disease time. XCRP Diagnostic Inc. and Luminex Corporations, for example, agreed to licence XCR Diagnostic’s Xtreme Chain Reaction Nucleic Acid Amplification Technology. Luminex received exclusive rights to use XCR Diagnostics’ NAAT technology for their future molecular diagnostic portfolio as part of this agreement.

Blood Transfusion Diagnostics Market Prominent Players
Major players in the blood transfusion diagnostics market are BAG Health Care GmbH, Grifols, Bio-Rad Laboratories Inc., Abbott Laboratories, Immucor Inc., Ortho Clinical Diagnostics, DiaSorin S.p.A, Siemens Healthcare Private Limited, Thermo Fisher Scientific Inc., and Beckman Coulter Inc.

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The Blood Transfusion Diagnostics Global Market Report 2023  provides a comprehensive overview on the blood transfusion diagnostics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the blood transfusion diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Blood transfusion diagnostics are used to perform testing prior to the transfusion of donor-recipient blood, such as blood grouping and disease screening.

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