According to Data Bridge Market Research new Market report, global blood group typing market accounted to USD 1.95 billion in 2017 growing at a CAGR of 9.8% during the forecast period of 2018 to 2025.
Global Blood Group Typing Market
Blood group typing is a method of finding out the blood group type. Blood group typing enables safe donation and transfusion of blood. It is performed. It is also done to identify the presence of a substance called Rh factor on the red blood cells surface. Blood group typing is used in blood transfusion, blood donation, pregnancy, and organ transplant.
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The 4 major blood types are:
Global blood group typing market is classified on the basis of technique, test type, end users and geography.
By Technique (PCR-Based, Microarray Techniques, Assay-Based Techniques, Massively Parallel Sequencing, Other Techniques), Test Type (Antibody Screening, HLA Typing, ABO Blood Tests, Cross-Matching Tests, Antigen Typing), End Users (Hospitals, Clinical Laboratories, Blood Banks, Other End Users) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN BLOOD GROUP TYPING MARKET
Increase in blood donations
Blood donation is termed as a Nobel deed. According to WHO statistics, the percentage of blood donations from voluntary unpaid donors has been increasing over the last decade and 73 of the world’s countries now collect over 90% of their blood supply from such donors. However, more progress is needed, with 72 countries (8 high-income countries, 48 middle-income countries and 16 low-income countries) still collecting more than 50% of their blood supply from paid donors or replacement donors, which affects safety and adequate supply of blood and blood products. Replacement donors are often family members or friends who replenish blood used from a blood bank by a particular patient. In Africa, approximately 65 per cent of all blood transfusions are given to children with severe anaemia due to malaria, the leading cause of death among children under the age of 5.
According to WHO, a minimum of 10 donations of blood per 1000 population indicates there is general availability of blood in a country for transfusion. Yet, in the Organization’s most recent survey on blood safety and availability, 75 countries reported collecting fewer donations than this. Today, only 62 countries get close to 100% of their national blood supplies from voluntary unpaid blood donations, with 34 countries still dependent on family donors and even paid donors for more than 75% of their blood supply. Severe bleeding during pregnancy, delivery or after childbirth is the single biggest cause of maternal death. Of the 289 000 women who died in childbirth in 2013 due to complications in pregnancy and childbirth, 27% were due to severe bleeding. In 2012, nearly 108 million blood donations were collected worldwide. Almost half of these were collected in high-income countries, home to just 15% of the world’s population.
Few of the major competitors currently working in the blood group typing market are Immucor, Inc., QUOTIENT, Ortho Clinical Diagnostics, DAY Medical SA, DIAGAST, Novacyt Group, Agena Bioscience, Inc., BAG Health Care GmbH., AXO Science, Grifols, S. A., Bio-Rad Laboratories, Inc., Merck KGaA, Beckman Coulter, Inc, Rapid Labs Ltd, Danaher, and Bio-Rad Laboratories, Inc.
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