Blood Group Typing market in terms of revenue was estimated to be worth $2.0 billion in 2023 and is poised to reach $3.0 billion by 2028, growing at a CAGR of 8.7% from 2023 to 2028 according to a latest report published by MarketsandMarkets™. The need for blood donations is on the rise due to the growing incidence of chronic diseases and an increasing number of surgical procedures, which, in turn, highlights the essential role of precise blood group typing in facilitating secure and efficient blood transfusions.

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Blood Group Typing Market Scope:

Report Coverage Details
Market Revenue in 2023 $2.0 billion
Estimated Value by 2028 $3.0 billion
Growth Rate Poised to grow at a CAGR of 8.7%
Market Size Available for 2021–2028
Forecast Period 2023–2028
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Product & service, test type, technique, end user, and region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Highlights Updated financial information / product portfolio of players
Key Market Opportunities Growth opportunities in emerging economies
Key Market Drivers The increasing prevalence of chronic diseases and the rising number of surgical procedures necessitate the need for blood donations

Blood Group Typing market major players covered in the report, such as:

  • Bio-Rad Laboratories, Inc. (US)
  • QuidelOrtho Corporation (US)
  • Grifols, S.A. (Spain)
  • Thermo Fisher Scientific Inc. (US)
  • Immucor, Inc. (US)
  • Danaher (US)
  • Merck KGaA (Germany)
  • Quotient Limited (Switzerland)
  • Novacyt (France)
  • BAG Health Care GmbH (Germany)
  • Rapid Labs Ltd (UK)
  • Agena Bioscience, Inc. (US)
  • Biorex Diagnostics (UK)
  • HUMAN Gesellschaft für Biochemica und Diagnostica mbH (Germany)
  • Prestige Diagnostics (UK)
  • Span Diagnostics SARL (France)
  • DIALAB GmbH (Austria)
  • Lorne Laboratories Limited (UK)
  • Atlas Medical GmbH (Germany)
  • Torax Biosciences Limited (Northern Ireland)
  • Fortress Diagnostics (UK)
  • AXO Science (France)
  • Maxwin Health Care Pvt. Ltd. (India)
  • Anamol Laboratories Pvt. Ltd. (India)
  • J. Mitra & Co. Pvt. Ltd. (India)
  • MedSource Ozone Biomedicals Pvt. Ltd. (India)
  • and Among Others

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This report categorizes the advanced wound care market based on product & service, test type, technique, end user, and region:

By Product & Service

  • Consumables
    • Antisera Reagents
    • Anti-human Globulin Reagents
    • Red Blood Cell Reagents
    • Blood Bank Saline
  • Instruments
  • Services & Software

By Test Type

  • ABO Blood Tests & Rh Typing
  • Antibody Screening
  • HLA Typing
  • Cross-matching Tests
  • Antigen Typing

By Technique

  • Assay-based Techniques
  • PCR-based and Microarray Techniques
  • Massively Parallel Sequencing
  • Other Techniques

By End User

  • Hospitals
  • Blood Banks
  • Clinical Laboratories
  • Other End Users

By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
  • Middle East & Africa

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The key stakeholders in the Blood Group Typing market include:

  • Senior Management
  • End User
  • Finance/Procurement Department
  • R&D Department

Frequently Asked Questions (FAQs) of Blood Group Typing Market:

What are the recent trends affecting the blood group typing market?
Recent trends affecting the blood group typing market are the prevalence of chronic diseases and surgical procedures and the rising number of road accidents.

What are the major products & services of the blood group typing market?
Based on products & services, the global blood group typing market is segmented into consumables, instruments, and services & software. The consumables segment dominated the blood group typing market in 2022. The increase in blood donation rates and major surgical procedures (including organ transplant procedures) are the key factors driving the growth of this segment.

Who are the key players in the blood group typing market?
The key players in this market are Bio-Rad Laboratories, Inc. (US), QuidelOrtho Corporation (US), Grifols, S.A. (Spain), Thermo Fisher Scientific Inc. (US), Immucor, Inc. (US), Danaher (US), Merck KGaA (Germany), Quotient Limited (Switzerland), Novacyt (France), BAG Health Care GmbH (Germany), Rapid Labs Ltd (UK), Agena Bioscience, Inc. (US), Biorex Diagnostics (UK), HUMAN Gesellschaft für Biochemica und Diagnostica mbH (Germany), Prestige Diagnostics (UK), Span Diagnostics SARL (France), DIALAB GmbH (Austria), Lorne Laboratories Limited (UK), Atlas Medical GmbH (Germany), Torax Biosciences Limited (Northern Ireland), Fortress Diagnostics (UK), AXO Science (France), Maxwin Health Care Pvt. Ltd. (India), Anamol Laboratories Pvt. Ltd. (India), J. Mitra & Co. Pvt. Ltd. (India), and MedSource Ozone Biomedicals Pvt. Ltd. (India).

Who are the major end users of the blood group typing market?
Based on end users, the global blood group typing market is segmented into hospitals, blood banks, clinical laboratories, and other end users. The hospital segment dominated the blood group typing market in 2022. Hospitals are equipped not only to meet routine healthcare needs but also to handle emergencies that demand prompt blood typing and transfusion. This adaptability, combined with the steady influx of patients seeking medical care, firmly positions hospitals as the major end users of blood group typing products.

Which region is lucrative for the blood group typing market?
The Asia Pacific region, comprising economies like China, Japan, and India, presents promising market opportunities for blood group typing.

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Report Objectives:

  • To define, describe, segment, and forecast the global blood group typing market by product & service, test type, technique, end user, and region
  • To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, and opportunities)
  • To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall blood group typing market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market segments with respect to five regions: North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
  • To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
  • To track and analyze company developments such as product launches & approvals, partnerships, acquisitions, agreements, and other developments
  • To benchmark players within the market using the proprietary Company Evaluation Matrix framework, which analyzes market players on various parameters within the broad categories of business and product excellence