Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A02526 | Pages: 280 | Charts: 62 | Tables: 162 |
The global blood group typing market size was valued at $2.0 billion in 2023, and is projected to reach $4.8 billion by 2033, growing at a CAGR of 9.4% from 2024 to 2033. Rising surgical procedures, chronic diseases, organ transplants, and prenatal testing, along with technological advancements, government initiatives, and growing awareness about safe transfusions, are driving the blood group typing market growth.
Market Size & Future Outlook
- 2023 Market Size: $1.96 Billion
- 2033 Projected Market Size: $4.83 Billion
- CAGR (2024-2033): 9.44%
- North America: Largest market in 2023
- Asia Pacific: Fastest growing market
Blood group typing is a crucial procedure in medicine that determines an individual's blood type based on the presence or absence of specific antigens and antibodies in their blood. The primary blood group systems are ABO system and Rh system. In the ABO system, blood is categorized into four main types, namely A, B, AB, and O. Type A blood has A antigens on the surface of red blood cells and anti-B antibodies in the plasma. Type B blood has B antigens and anti-A antibodies. Type AB blood has both A and B antigens and does not have any anti-A or anti-B antibodies; and type O blood does not have any A or B antigens but has both anti-A and anti-B antibodies. The Rh system further classifies blood based on the presence (Rh-positive) or absence (Rh-negative) of the Rh factor, a protein found on the surface of red blood cells. The major factors driving the growth of the blood group typing market are increase in demand for accurate and efficient blood typing in medical diagnostics and transfusion medicine. In addition, advancements in technology, such as the development of automated and high-throughput blood typing systems, have improved accuracy and efficiency, further fueling the market growth. Rise in incidence of chronic diseases and the need for precise blood matching in personalized medicine are also significant drivers for the market growth.
Key Takeaways
- The blood group typing market share study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major blood group typing industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
Key Market Players