Blood transfusions have gained wide acceptance amongst medical practitioners and healthcare stakeholders, in the wake of rising prevalence of chronic ailments such as sickle cell anemia, aplastic anemia and leukemia. As a result, several key market players have augmented their spending on research and development of advanced instruments, assays and kits for hospitals and blood banks.
This “convalescent plasma” is anticipated to boost the immunity of patients battling the disease. On the back of these trends, the global blood transfusion diagnostics market is poised to expand positively at a CAGR of 6.3% during the forecast period (2021-2031).
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Blood Transfusion Diagnostics: Market Segmentation
Fact.MR has studied the blood transfusion diagnostics market with detailed segmentation on the basis of product type, application, end-user and geography.
- Kits & Reagents
- Blood Grouping
- Disease Screening
- Molecular Disease Screening
- Serological Disease Screening
- Diagnostic Laboratories
- Blood Banks
- Plasma Fractionation Companies
- North America
- Asia Pacific
- Eastern Europe
- Latin America
- Middle East & Africa (MEA)
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- Also, this report will help you to identify any trends to forecast growth rates.
- The analyzed report will forecast the general tendency for supply and demand.
Some of the Blood Transfusion Diagnostics Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
- Details regarding latest innovations and development in Blood Transfusion Diagnostics and how it is gaining customer traction during the forecast period.
- Analysis about the customer demand of the products and how it is likely to evolve in coming years.
- Latest regulations enforced by government bodies and local agencies and their impact on Demand of Blood Transfusion Diagnostics Market .
- Insights about adoption of new technologies and its influence on the Blood Transfusion Diagnostics market Size.
- Overview of the impact of COVID-19 on Blood Transfusion Diagnostics Market and economic disruptions caused by the pandemic.
- Evaluates post-pandemic impact on the Sales of Blood Transfusion Diagnostics Market during the forecast period.
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The global blood transfusion diagnostics market is poised to grow positively during the forecast period. Expansion of the market is based on increasing number of surgical procedures for testing of chronic ailments. Research and development of convalescent plasma (CP) transfusion techniques to boost immunity of patients in the wake of the COVID-19 pandemic is also anticipated to boost market prospects.
Technological Insights: Plasma Fractionation Key Technological Development of Market Players
The global blood transfusion diagnostics market is semi-consolidated, consisting of the following prominent market players: Grifols S.A., Bio-Rad Laboratories, Inc., Immucor, Inc., CSL Ltd., Abbott Laboratories, and DiaSorin S.p.A. These market players concentrate on introducing technological advancements in testing procedures. An example of such technological development is plasma fractionation.
CSL Ltd., is a major player in the plasma fractionation industry. The company collected an estimated 9 million liters of plasma in 2016. In this technique, various components such as immunoglobulins, albumin and other proteins are extracted for several treatment procedures.
Likewise, Grifols S.A also specializes in plasma fractionation techniques. It manufactures plasma derived products for treating various conditions, such as coagulation disorders, pulmonary disorders, immunodeficiencies and shock and trauma. Its products include the BloodChip multiplex blood group genotyping kit based on Luminex technology for the main allelic variants of red blood cells and human platelet antigens.
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How Fact.MR Assists in Making Strategic Moves For Blood Transfusion Diagnostics Market Manufacturer?
- The data provided in the Blood Transfusion Diagnostics market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
- The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Blood Transfusion Diagnostics.
Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
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