LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global blood grouping reagents market and the market is poised to grow by USD 443.28 million during 2020-2024 at a CAGR of over 10% during the forecast period. Request Free Sample Pages
Read the 141-page research report with TOC on "Blood Grouping Reagents Market Analysis Report by Geography (Asia, Europe, North America, and ROW), by End-users (Hospitals and blood banks; Clinical laboratories; and Academic and research institutes), and Segment Forecasts, 2020-2024".
The market is driven by the growing demand for blood transfusions and blood group typing. In addition, advancements in technology is anticipated to further boost the growth of the blood grouping reagents market.
The increase in emergency cases such as road accidents is leading to the demand for blood transfusion and blood grouping in various healthcare centers. Patients suffering from conditions such as hemolytic anemia, sickle cell anemia, hemophilia, thalassemia, kidney and liver diseases also require blood transfusion often. This is driving the demand for blood grouping reagents as they are used by blood banks and hospitals for safe transfusion of blood and elimination of risks associated with infections. Thus, the growing demand for blood transfusions and blood group typing is expected to drive market growth during the forecast period.
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Major Five Blood Grouping Reagents Market Companies:
Bio-Rad Laboratories Inc.
Bio-Rad Laboratories Inc. is headquartered in the US and operates the business under the segments, Life science and Clinical diagnostics. The company offers Seraclone ABO/Rh reagents, Biotestcell Reagent Red Blood Cells, and Rare antisera to various healthcare centers.
DIAGAST
DIAGAST is headquartered in France and offers products through the following two business units: Reagents and Automated systems. The company offers ABD PAD, which is a ready-to-use pad based on the latest technology, M-TRAP.
Grifols SA
Grifols SA is headquartered in Spain and operates under various business segments, namely Bioscience, Diagnostic, Hospital, Bio supplies, and Others. The company offers Conventional Serology Reagents, MDmulticard, and BLOODchip ID to various healthcare centers.
Immucor Inc.
Immucor Inc. is headquartered in the US and offers products through its unified business segment. The company offers Blood grouping and typing reagents for various end-users.
Merck KGaA
Merck KGaA is headquartered in Germany and offers products through the following business segments: Healthcare, Life Science, and Performance materials. The company offers a wide range of monoclonal blood typing finished reagents such as BIOSCOT Blood Typing Reagents.
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Blood Grouping Reagents End-users Outlook (Revenue, USD Million, 2020-2024)
- Hospitals and blood banks
- Clinical laboratories
- Academic and research institutes
Blood Grouping Reagents Regional Outlook (Revenue, USD Million, 2020-2024
- Asia
- Europe
- North America
- ROW
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