The Road Ahead for the Immunohematology Market: Key Growth Trends and Opportunities to Watch
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What CAGR is Anticipated for the Immunohematology Market During the Forecast Period, and Why?
Over the past few years, the immunohematology market has seen steady growth. The market is projected to increase from a valuation of $2.46 billion in 2024 to $2.57 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. This upturn during the historical period is due to developments in blood transfusion technology, the widespread occurrence of blood-related disorders, the proliferation of blood banks, government measures to ensure blood safety, an increase in surgical procedures, and raised awareness concerning the risks associated with transfusion.
The market size of immunohematology is projected to experience significant growth in the following years, expanding to “$3.24 billion in 2029 with a compound annual growth rate (CAGR) of 5.9%. This growth during the forecasted period can be credited to factors such as growing demand for point-of-care testing, the introduction of innovative blood products, the development of healthcare infrastructure, genetic testing for blood compatibility, and regulatory endorsement for blood safety. Major tendencies for this period include automation and high-throughput systems, molecular methods of blood typing, techniques for antibody detection, programs for patient blood management, implementation of AI for analysis and inclusion of telemedicine.
What Drivers Are Shaping the Growth of the immunohematology Market?
As the occurrence rate of hematological disorders continues to increase, it is anticipated to boost the expansion of the immunohematology market. These disorders involve a broad range of conditions affecting components of the blood, such as red and white cells, platelets, and plasma. Immunohematology plays a significant role in ensuring safe and successful blood transfusions, as it aids in averting transfusion reactions due to mismatched blood types or the existence of antibodies in the receiver’s blood. Besides, immunohematology methods are employed in the diagnosis and treatment of immune-system-related diseases that can influence the hematological system. For example, Cancer Research UK, a research organization based in the UK, foresees the average number of new leukemia cases resulting from hematological disorders in the UK to increase from around 12,400 cases in 2023-2025 to approximately 14,500 cases in 2038-2040. Consequently, the escalating occurrence rate of hematological disorders is contributing to the growth of the immunohematology market.
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Which Companies Are Poised to Shape the Future of the Immunohematology Market?
Major companies operating in the immunohematology market include:
• Ortho Clinical Diagnostics Inc._x000D_
• Immunocor Inc._x000D_
• Abbott Laboratories_x000D_
• Siemens Healthineers AG_x000D_
• Grifols S.A._x000D_
What Are the Latest Innovations and Trends Influencing the Immunohematology Market?
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Which Key Segments Define the Structure of the Immunohematology Market and Their Growth Potential?
The immunohematology market covered in this report is segmented –
1) By Product: Analyzers And Systems, Reagents
2) By Technology: Biochips, Erythrocyte-Magnetized Technology (Met), Gel Cards, Microplates, Polymerase Chain Reaction (PCR)
3) By Disease: Blood-Related Diseases, HIV, Hepatitis
4) By Application: Pretransfusion Testing, Investigation Of Immune Hemolysis, Perinatal Testing, Blood Group Phenotyping, Leucocyte And Platelet Serology
5) By End User: Blood Banks, Diagnostic And Reference Laboratories, Hospitals, Academic And Research Institutes
Subsegments:
1) By Analyzers And Systems: Blood Typing Analyzers, Cross-Matching Analyzers, Gel Card Systems
2) By Reagents: Blood Grouping Reagents, Antisera, Control Serum
What Regions Are Contributing Significantly to the Growth of the Immunohematology Market?
North America was the largest region in the immunohematology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global immunohematology market during the forecast period. The regions covered in the immunohematology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Key Elements Shape the Definition of the Immunohematology Market?
Immunohematology is a branch of laboratory medicine that studies blood groups and the body’s immune response to foreign substances, particularly in blood transfusions. Immune hematological techniques are used to locate and address diagnostic issues in patients with hematological conditions, such as auto-immune hemolytic anemia.
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