According to the report by Expert Market Research (EMR), the Global Blood Group Typing Market Size is projected to grow at a CAGR of 9.10% between 2023 and 2028. Aided by the rising demand for blood donations and transfusions and the growing importance of blood group typing in various medical procedures, the market is expected to grow significantly by 2028.
Blood group typing is a critical procedure that determines a person’s blood type. This information is crucial in many clinical settings, including transfusion medicine, transplantation, prenatal care, and forensic science. The correct identification of blood types helps to prevent life-threatening reactions due to incompatible transfusions or organ transplants. It also aids in diagnosing certain medical conditions and is a critical factor in prenatal care and new-born screening.
The increasing demand for safe blood transfusions is a key driver of the global blood group typing market growth. With the growing awareness of the risks associated with incompatible transfusions, there has been a significant increase in the demand for precise blood group typing. Additionally, the rising incidence of diseases requiring blood transfusions, like anaemia, trauma, cancer, and surgeries, has contributed to the rising demand for blood group typing services.
The expanding applications of blood group typing in various medical fields also play a vital role in fuelling the blood group typing market expansion. In transplantation medicine, accurate blood group typing is essential to ensure donor-recipient compatibility. In prenatal care, blood group typing is used to prevent Rh incompatibility between mother and foetus, which can lead to haemolytic disease in new-borns. In forensic science, blood group typing is employed in crime scene investigations and paternity testing.
Furthermore, the rising demand for advanced blood group typing technologies in the healthcare sector has heightened focus on the development of rapid, accurate, and automated typing systems. The introduction of advanced molecular typing techniques, like PCR-based assays and next-generation sequencing, has revolutionised the field, thereby boosting the blood group typing market demand.
Moreover, the growing demand for personalised medicine and advancements in blood group typing techniques have led to an increased focus on this field. With the rise of genomics and the increasing popularity of individualised treatment approaches, accurate blood group typing has emerged as a critical component in tailoring medical interventions to an individual’s unique genetic makeup, thereby boosting the blood group typing market expansion.
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Blood Group Typing Market Segmentation
The market can be divided based on offering, technique, test type, end use, and region.
Market Breakup by Offering
o Antisera Reagents
o Anti-Human Globulin Reagents
o Blood Bank Saline
Market Breakup by Technique
• PCR-Based and Microarray Techniques
• Assay-Based Techniques
• Massively Parallel Sequencing
Market Breakup by Test Type
• Antibody Screening
• HLA Typing
• ABO Blood Tests
• Cross-Matching Tests
• Antigen Typing
Market Breakup by End Use
• Hospital-based Laboratories
• Independent Laboratories and Blood Banks
Market Breakup by Region
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global blood group typing companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Grifols, S.A.
• Bio-Rad Laboratories, Inc.
• Immucor, Inc.
• Beckman Coulter, Inc.
• BAG Diagnostics GmbH
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