Blood Transfusion Diagnostics Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Cyberdyne Inc., Hocoma AG, ReWalk Robotics Ltd., Bionik Laboratories Corp.

The global Blood Transfusion Diagnostics market size is expected to grow at US$ 4.15 billion in 2027 from US$ 6.51 billion in 2021, growing at a compound annual growth rate (CAGR) of 7.2%.

Blood Transfusion Diagnostics Market Overview

Blood transfusion is the intravenous injection of blood or blood components into the body's circulatory system. Transfusions are primarily used to replace lost blood components in a range of medical circumstances. Blood transfusion devices are pieces of medical equipment used in the collection, processing, separation, and storage of blood and blood products. Anemia, sickle cell disease, and bleeding disorders including hemophilia, cancer, etc. are all treated with transfusions. Blood transfusion diagnostics refers to testing performed on blood and blood components prior to transfusion to patients. To avoid negative reactions or the spread of any infections, blood units must be checked for blood group typing and disease screening. It is an essential component of transfusion therapy that confirms the compatibility of blood samples from donors and recipients and gives medical professionals crucial information. The factors responsible for propelling the market ahead are factors such as a growth in the number of surgical procedures, an increase in accidents, trauma cases, and blood diseases. In addition, the need for blood transfusions is growing globally as a result of natural disasters and extensive casualties. The prevalence of anemia, leukopenia, erythrocytosis, leukocytosis, and thrombocytosis is increasing, which is assisting in the market's growth. Additionally, the incidence of diabetes is expected to increase, and new product launches will probably drive the market ahead. The global market is also being driven by the rising use of blood transfusion in the pediatric, adult, and elderly populations.

Industry News and Updates:

4/19/2021: Terumo Blood and Cell Technologies and CSL Plasma Announce Collaboration to Deliver New Plasma Collection Platform-

Terumo Blood and Cell Technologies and CSL Plasma today announce a collaboration to deliver a new plasma collection platform at CSL Plasma U.S. collection centers. A clinical trial of the investigational plasmapheresis device began earlier this month, and introduction of the new platform is subject to U.S. Food and Drug Administration device clearance, at which time the parties will provide further comment.

What are the major Applications, Types and Regions for Blood Transfusion Diagnostics Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Y-type


• Straight


• Other

By Application, it is segmented into

• Child


• Adult

Blood Transfusion Diagnostics Market Regional Analysis

In 2020, the North American market was valued at USD 1.66 billion. The region's established healthcare infrastructure, higher adoption of the blood transfusion method, and rising public awareness of blood donations all contribute to the dominance. For instance, the National Centre for Biotechnology Information reports that over 85 million blood units are transfused annually worldwide and nearly 15 million blood units are transfused annually in the United States. The availability of CE-approved instrument assays for serological and Nucleic Acid Test (NAT)-based procedures in European countries is expected to drive market growth in Europe. Asia Pacific is predicted to grow at a faster rate than the rest of the world throughout the projection period. The rapid development is a result of ongoing efforts by the government and non-governmental organisations in developing nations to raise awareness about blood donations as well as the existence of a sizable population suffering from serious blood disorders. Because of the availability of a large unexplored market, Latin America and the Middle East and Africa are likely to grow at a moderate CAGR over the projection period.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Blood Transfusion Diagnostics Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Blood Transfusion Diagnostics Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Blood Transfusion Diagnostics Market report scope?

Key Takeaways from this Blood Transfusion Diagnostics Market Report

• Evaluate Blood Transfusion Diagnostics market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Blood Transfusion Diagnostics market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Blood Transfusion Diagnostics Market?

The Blood Transfusion Diagnostics Market is growing at a CAGR of 7.2% over the next 5 years.

Who are the key players in Blood Transfusion Diagnostics Market?

B.Braun, TERUMO, Fresenius Kabi, GAMA GROUP, Welford Manufacturing, Helm Medical, Vogt Medical, JMS Co., Wego, Suzhou Laishi, Grifols, S.A., Immucor, Inc., Bio-Rad Laboratories, Inc., Ortho Clinical Diagnostics, F. Hoffmann-La Roche Ltd, QUOTIENT, Merck KGaA, Abbott

What are the significant types of Blood Transfusion Diagnostics Market?

Y-type, Straight, Other

What are the major end-use applications of Blood Transfusion Diagnostics Market?

Child, Adult

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