Blood Transfusion Diagnostics Market was estimated at USD 4.70 billion in 2022 and is poised to reach at 8.38 billion in 2030 anticipated to expand at a compound annual growth rate approx. CAGR of 7.2% for the forecast period of 2023-2030.
A growing number of blood transfusions due to an increase in traffic accidents, rising blood transfusion rates, and expanding demand for blood and associated goods are some of the reasons anticipated to support development. Prior to blood transfusions, blood group typing is a required test that determines the Rh factor as well as the degree of blood compatibility between the donor and the recipient. The market is expected to continue to expand as a result of increasing utilization of these tests for the diagnosis of Hemolytic Disease of the Newborn (HDN). Major biotechnology and healthcare businesses involved in this sector concentrate on creating cutting-edge tools and products for identifying blood group types at the molecular level. For instance, the blood banks employ the adaptable DNA microarray technology that enables the processing of genotypes and blood samples for thorough screening at affordable pricing. Additionally, businesses are putting more and more effort into creating technologies that can effectively handle the burden associated with blood tests. For instance, the Food and Drug Administration (FDA) approved Immucor's Precise Type HEA test in November 2016 for use in identifying sickle cell characteristics in blood donors. A number of regulatory organizations, including the FDA, are involved in developing and implementing national policies for universal access to safe blood.
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DRIVERS
The need for blood transfusions is growing & increasing sensitivity to blood safety.
Technological progress.
The frequency of blood-related illnesses is rising.
The need for blood transfusion diagnostics is rising as more medical operations, including as surgeries, trauma management, and the treatment of blood diseases, require blood transfusions.
Advanced blood transfusion diagnostics are becoming more popular due to the significance of providing secure blood transfusions and lowering the danger of infection transmission through transfusions.
The effectiveness and accuracy of blood transfusion diagnostics have increased as a result of developments in laboratory testing methods such nucleic acid amplification tests (NAT), automation, and molecular diagnostics
RESTRAIN
Cost restrictions & access restrictions to testing facilities.
Regulatory obstacles.
The high cost of sophisticated blood transfusion diagnostic tests and equipment may prevent widespread use, especially in healthcare settings with limited resources. The general use of these tests may be hampered in some countries by inadequate access to appropriate blood transfusion diagnostic testing facilities, particularly in distant or disadvantaged areas.
Manufacturers and laboratories may find it difficult to meet the demanding regulatory standards for blood transfusion diagnostics, including quality control and validation.
OPPORTUNITY
Developing nations & Point-of-care examination.
Collaborations and partnerships.
Opportunities for market development are presented by the expanding healthcare infrastructure, increased blood safety awareness, and rising demand for cutting-edge medical technology in emerging regions. The process of transfusion can be streamlined and access to testing increased with the development of portable, quick blood transfusion diagnostic instruments for use at the point of care. Collaboration among diagnostic businesses, research organizations, and blood banks may spur invention, hasten product development, and broaden market access.
CHALLENGES
Complexities of blood cross-matching and blood typing.
Diseases spread by blood transfusions.
Standardization and quality assurance.
Due to different blood group systems and probable antibody responses, figuring out blood group compatibility and performing reliable cross-matching can be difficult. To maintain the safety of blood, diagnostic tests must be continuously monitored and updated for infectious agents including HIV, hepatitis, and new infections. To guarantee accurate findings and patient safety, it is essential to maintain consistent quality control and standardization across a variety of blood transfusion diagnostic tests and equipment.
The blood supply chain, which includes the collection, processing, and distribution of blood products, may be affected by the conflict. Population shifts, harm to blood banks, and logistical difficulties might restrict the supply of suitable and safe blood for transfusions. Access to diagnostic resources, such as reagents, laboratory equipment, and trained workers, may be constrained in conflict-affected regions. This restriction may make it more difficult to accurately and quickly evaluate blood samples for compatibility and safety before transfusion. Healthcare systems may experience strain and normal transfusion-transmitted infection testing and screening may be hampered during tense periods. This could make it more likely that diseases like HIV, hepatitis, and other blood-borne viruses will spread through blood transfusions.
IMPACT OF ONGOING RECESSION
Diagnostics for blood transfusions frequently rely on cutting-edge tools and technology. The latest developments in blood transfusion diagnostics may, however, take longer to adopt or be more difficult to access during a recession since healthcare providers may be reluctant to invest in new diagnostic technology or improvements. Consolidation of medical facilities and labs is possible during a recession. Smaller laboratories may close or merge as a result, which might affect how readily available and accessible blood transfusion testing services are.
Economic downturns can have an effect on how people use healthcare, resulting in a drop in overall patient numbers. The demand for blood transfusion diagnostics may be directly impacted by this drop in testing numbers, which may have an adverse effect on the capacity of diagnostic providers to make a profit.
KEY MARKET SEGMENTS
By Product
Consumables
Instruments
Services
By Technique
PCR-based and Microarray Techniques
Assay-based Techniques
Massively Parallel Sequencing Techniques
Other Techniques
By Test Type
Antibody Screening
HLA Typing
Cross-matching Tests
ABO Blood Tests
Antigen Typing
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin American
The Major Key players are Grifols, S.A.; Merck KGaA; Bio-Rad Laboratories, Inc.; Immucor, Inc.; Novacyt Group; Danaher Corporation; Agena Bioscience, Inc.; Ortho Clinical Diagnostics; and Quotient, Ltd., and others.
REGIONAL ANALYSES
North America:
Due to an increase in transfusions in high-income nations like the U.S., North America held the greatest market share in 2018. Data from the World Health Organisation (WHO) show that 42% of blood donations in 2019 came from high-income nations. In the United States, there were around 18 million prenatal visits in 2015, according to the Centres for Disease Control and Prevention (CDC). The need for blood group typing during prenatal testing is boosted as a result. Additionally, market participants launching new products by the major industry players are anticipated to support regional growth.
Asia Pacific:
An increasing incidence of chronic conditions necessitating blood group typing is expected to cause Asia Pacific to grow at the quickest rate throughout the projection period. Growing worry over the prevalence of infectious diseases in this area is what's fuelling industrial expansion. Additionally, the adoption of these tests in the area is anticipated to be sparked by the rising number of trauma cases and traffic accidents in nations like India.
Grifols:
Grifols announced a partnership with Endpoint Health, Inc. in February 2022 to commercialise and create an Antithrombin III (AT-III) drug to treat sepsis. Endpoint Health, Inc. is a pharmaceutical firm focusing on addressing important issues in immune-driven critical care.
Quidel Corporation:
Quidel Corporation and Ortho Clinical Diagnostics Holdings plc joined forces in May 2022 to become QuidelOrtho, a well-known brand in the IVD industry.
| Report Attributes | Details |
| Market Size in 2022 | US$ 4.70 Bn |
| Market Size by 2030 | US$ 8.38 Bn |
| CAGR | CAGR of 7.2 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Consumables, Instruments, Services) • By Technique (PCR-based and Microarray Techniques, Assay-based Techniques, Massively Parallel Sequencing Techniques, Other Techniques) • By Test Type (Antibody Screening, HLA Typing, Cross-matching Tests, ABO Blood Tests, Antigen Typing) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Grifols, S.A.; Merck KGaA; Bio-Rad Laboratories, Inc.; Immucor, Inc.; Novacyt Group; Danaher Corporation; Agena Bioscience, Inc.; Ortho Clinical Diagnostics; and Quotient, Ltd., and others. |
| Key Drivers | • The need for blood transfusions is growing & increasing sensitivity to blood safety. • Technological progress. • The frequency of blood-related illnesses is rising. |
| Market Opportunities | • Developing nations & Point-of-care examination. • Collaborations and partnerships. |
Ans: The CAGR Growth rate of Blood Transfusion Diagnostics Market is approx. CAGR 7.2% for the forecast period of 2023-2030.
Ans: The projected market size of Blood Transfusion Diagnostics Market is USD 4.70 billion in 2022 and is poised to reach at 8.13 billion in 2030.
Ans: The Major Key players are Grifols, S.A.; Merck Kagan; Bio-Rad Laboratories, Inc.; Immucor, Inc.; Novacyt Group; Danaher Corporation; Agena Bioscience, Inc.; Ortho Clinical Diagnostics; and Quotient, Ltd., and others.
Ans: The increased frequency of chronic illnesses and rising requirement for donor screening are significant growth drivers for the blood transfusion diagnostics market.
Ans: With a market share of 40.13% in 2020, North America dominated the blood transfusion diagnostics market. This is due to the presence of significant market participants nearby, the simplicity of obtaining different tests, and the rise in public awareness regarding blood donations.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.22.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Blood Transfusion Diagnostics Market, By Product
8.1 Consumables
8.2 Instruments
8.3 Services
9. Blood Transfusion Diagnostics Market by Technique
9.1 PCR-based and Microarray Techniques
9.2 Assay-based Techniques
9.3 Massively Parallel Sequencing Techniques
9.4 Other Techniques
10. Blood Transfusion Diagnostics Market, By Test Type
10.1 Antibody Screening
10.2 HLA Typing
10.3 Cross-matching Tests
10.4 ABO Blood Tests
10.5 Antigen Typing
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Blood Transfusion Diagnostics Market by country
11.2.2North America Blood Transfusion Diagnostics Market by Product
11.2.3 North America Blood Transfusion Diagnostics Market by Technique
11.2.4 North America Blood Transfusion Diagnostics Market by Test Type
11.2.5 USA
11.2.5.1 USA Blood Transfusion Diagnostics Market by Product
11.2.5.2 USA Blood Transfusion Diagnostics Market by Technique
11.2.5.3 USA Blood Transfusion Diagnostics Market by Test Type
11.2.6 Canada
11.2.6.1 Canada Blood Transfusion Diagnostics Market by Product
11.2.6.2 Canada Blood Transfusion Diagnostics Market by Technique
11.2.6.3 Canada Blood Transfusion Diagnostics Market by Test Type
11.2.7 Mexico
11.2.7.1 Mexico Blood Transfusion Diagnostics Market by Product
11.2.7.2 Mexico Blood Transfusion Diagnostics Market by Technique
11.2.7.3 Mexico Blood Transfusion Diagnostics Market by Test Type
11.8 Europe
11.8.1 Europe Blood Transfusion Diagnostics Market by country
11.8.2 Europe Blood Transfusion Diagnostics Market by Product
11.8.3 Europe Blood Transfusion Diagnostics Market by Technique
11.8.4 Europe Blood Transfusion Diagnostics Market by Test Type
11.8.6 Germany
11.8.6.1 Germany Blood Transfusion Diagnostics Market by Product
11.8.6.2 Germany Blood Transfusion Diagnostics Market by Technique
11.8.6.3 Germany Blood Transfusion Diagnostics Market by Test Type
11.8.7 UK
11.8.7.1 UK Blood Transfusion Diagnostics Market by Product
11.8.7.2 UK Blood Transfusion Diagnostics Market by Technique
11.8.7.3 UK Blood Transfusion Diagnostics Market by Test Type
11.8.8 France
11.8.8.1 France Blood Transfusion Diagnostics Market by Product
11.8.8.2 France Blood Transfusion Diagnostics Market by Technique
11.8.8.3 France Blood Transfusion Diagnostics Market by Test Type
11.9.9 Italy
11.3.9.1 Italy Blood Transfusion Diagnostics Market by Product
11.3.9.2 Italy Blood Transfusion Diagnostics Market by Technique
11.3.9.3 Italy Blood Transfusion Diagnostics Market by Test Type
11.3.10 Spain
11.3.10.1 Spain Blood Transfusion Diagnostics Market by Product
11.3.10.2 Spain Blood Transfusion Diagnostics Market by Technique
11.3.10.3 Spain Blood Transfusion Diagnostics Market by Test Type
11.3.11 The Netherlands
11.3.11.1 Netherlands Blood Transfusion Diagnostics Market by Product
11.3.11.2 Netherlands Blood Transfusion Diagnostics Market by Technique
11.3.11.3 Netherlands Blood Transfusion Diagnostics Market by Test Type
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Blood Transfusion Diagnostics Market by Product
11.3.11.2 Rest of Europe Blood Transfusion Diagnostics Market by Technique
11.3.11.3 Rest of Europe Blood Transfusion Diagnostics Market by Test Type
11.4 Asia-Pacific
11.4.1 Asia Pacific Blood Transfusion Diagnostics Market by country
11.4.2 Asia Pacific Blood Transfusion Diagnostics Market by Product
11.4.3 Asia Pacific Blood Transfusion Diagnostics Market by Technique
11.4.4Asia Pacific Blood Transfusion Diagnostics Market by Test Type
11.4.6 Japan
11.4.6.1 Japan Blood Transfusion Diagnostics Market by Product
11.4.6.2 Japan Blood Transfusion Diagnostics Market by Technique
11.4.6.3 Japan Blood Transfusion Diagnostics Market by Test Type
11.4.7 South Korea
11.4.7.1 South Korea Blood Transfusion Diagnostics Market by Product
11.4.7.2 South Korea Blood Transfusion Diagnostics Market by Technique
11.4.7.3 South Korea Blood Transfusion Diagnostics Market by Test Type
11.4.8 China
11.4.8.1 China Blood Transfusion Diagnostics Market by Product
11.4.8.2 China Blood Transfusion Diagnostics Market by Technique
11.4.8.3 China Blood Transfusion Diagnostics Market by Test Type
11.4.9 India
11.4.9.1 India Blood Transfusion Diagnostics Market by Product
11.4.9.2 India Blood Transfusion Diagnostics Market by Technique
11.4.9.3 India Blood Transfusion Diagnostics Market by Test Type
11.4.10 Australia
11.4.10.1 Australia Blood Transfusion Diagnostics Market by Product
11.4.10.2 Australia Blood Transfusion Diagnostics Market by Technique
11.4.10.3 Australia Blood Transfusion Diagnostics Market by Test Type
11.4.11 Rest of Asia-Pacific
11.4.11.1 APAC Blood Transfusion Diagnostics Market by Product
11.4.11.2 APAC Blood Transfusion Diagnostics Market by Technique
11.4.11.3 APAC Blood Transfusion Diagnostics Market by Test Type
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Blood Transfusion Diagnostics Market by country
11.5.2 The Middle East & Africa Blood Transfusion Diagnostics Market by Product
11.5.3 The Middle East & Africa Blood Transfusion Diagnostics Market by Technique
11.5.4The Middle East & Africa Blood Transfusion Diagnostics Market by Test Type
11.5.6 Israel
11.5.6.1 Israel Blood Transfusion Diagnostics Market by Product
11.5.6.2 Israel Blood Transfusion Diagnostics Market by Test Type
11.5.6.3 Israel Blood Transfusion Diagnostics Market by Technique
11.5.7 UAE11.5.7.1 UAE Blood Transfusion Diagnostics Market by Product
11.5.7.2 UAE Blood Transfusion Diagnostics Market by Technique
11.5.7.3 UAE Blood Transfusion Diagnostics Market by Test Type
11.5.8 South Africa
11.5.8.1 South Africa Blood Transfusion Diagnostics Market by Product
11.5.8.2 South Africa Blood Transfusion Diagnostics Market by Technique
11.5.8.3 South Africa Blood Transfusion Diagnostics Market by Test Type
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Asia Blood Transfusion Diagnostics Market by Product
11.5.9.2 Rest of Middle East & Asia Blood Transfusion Diagnostics Market by Technique
11.5.9.3 Rest of Middle East & Asia Blood Transfusion Diagnostics Market by Test Type
11.6 Latin America
11.6.1 Latin America Blood Transfusion Diagnostics Market by country
11.6.2 Latin America Blood Transfusion Diagnostics Market by Product
11.6.3 Latin America Blood Transfusion Diagnostics Market by Technique
11.6.4 Latin America Blood Transfusion Diagnostics Market by Test Type
11.6.6 Brazil11.6.6.1 Brazil Blood Transfusion Diagnostics Market by Product
11.6.6.2 Brazil Africa Blood Transfusion Diagnostics Market by Technique
11.6.6.3Brazil Blood Transfusion Diagnostics Market by Test Type
11.6.7 Argentina
11.6.7.1 Argentina Blood Transfusion Diagnostics Market by Product
11.6.7.2 Argentina Blood Transfusion Diagnostics Market by Technique
11.6.7.3 Argentina Blood Transfusion Diagnostics Market by Test Type
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Blood Transfusion Diagnostics Market by Product
11.6.8.2 Rest of Latin America Blood Transfusion Diagnostics Market by Technique
11.6.8.3 Rest of Latin America Blood Transfusion Diagnostics Market by Test Type
12 Company profile
12.1 Grifols
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Treatment/End-User/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Merck Kagan.
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Treatment/End-User/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Bio-Rad Laboratories, Inc.
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Treatment/End-User/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Immure, Inc.
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Treatment/End-User/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Novakite Group.
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Treatment/End-User/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Danaher Corporation.
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Treatment/End-User/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Agena Bioscience, Inc,
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Treatment/End-User/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Ortho Clinical Diagnostics.
12.8.2 Financials
12.8.3 Treatment/End-User/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Quotient. Ltd.
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Treatment/End-User/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Bio-Rad Laboratories, Inc.
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Treatment/End-User/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Use Case and Best Practices
15. Conclusion
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