Blood Group Typing Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.09 Billion |
| Market Size (2029) | USD 2.99 Billion |
| CAGR (2024 - 2029) | 7.96 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Blood Group Typing Market Analysis
The Blood Group Typing Market size is estimated at USD 2.09 billion in 2024, and is expected to reach USD 2.99 billion by 2029, at a CAGR of 7.96% during the forecast period (2024-2029).
An increasing number of road accidents, emergencies, and trauma cases requiring blood transfusions and the need for blood grouping in pregnancy drive the market's growth. For instance, as per the article published in April 2022 in PubMed, determining the fetus rhesus blood group at risk of hemolytic disease has potential application for early non-invasive prenatal testing (NIPT).
The study demonstrated the optimization of a real-time PCR assay for NIPT rhesus genotyping and the development of Bi-allelic short insertion/deletion polymorphisms (INDELs) as an internal control to optimize and validate rhesus genotyping based on Real-time PCR to avoid false or negative results. Hence, determining the fetus rhesus blood group at risk of hemolytic disease has potential application for early non-invasive prenatal testing, which is anticipated to raise the demand for blood group testing during pregnancy, thereby driving the market growth over the forecast period.
The increase in usage of blood group typing in forensic sciences and strict governing standards for blood transfusion are also boosting the global blood group typing market growth. Blood group typing is done to safely donate or receive a blood transfusion. It is also done to see if a person has a substance called Rh factor on the surface of red blood cells. There is a huge demand for blood typing products in the market owing to the rising number of road accidents and blood transfusions.
For instance, per the French Road Safety Observatory 2024 update, in 2023, police forces in mainland France recorded 235,000 road-related injury accidents, with 16,000 classified as serious. As accidents and injuries increase, the blood transfusion requirement is also raised, likely to boost the market growth.
Thus, due to the increase in demand for blood group typing in pregnancy and the rise in cases of road accidents, the market is anticipated to witness growth over the forecast period. However, poor blood service infrastructure and a lack of skilled professionals will likely hinder market growth over the forecast period.
Blood Group Typing Market Trends
Blood Banks are Expected to Witness Healthy Growth in Blood Group Typing Market Over the Forecast Period
The blood bank segment is anticipated to witness growth in the market owing to factors such as a steep rise in accidental cases, a high prevalence of hematologic diseases, and an increase in blood donation. For instance, as per the Qatar monthly statistics, the number of traffic accidents in August 2022 was 685, whereas in July 2022, it was 629. Hence, the increase in traffic accidents will likely need blood transfusions from the blood bank to compensate for the blood loss during the accident.
In addition, in the past few years, the burden of blood-borne diseases has also increased, coupled with the increasing prevalence of transfusion transmissible infection and surgeries, growing awareness about blood donation, and several government initiatives associated with blood donation, which are promoting the demand for blood banks segment and driving the overall market as it generates the need for blood group typing kits for diagnosis and treatment purpose.
For instance, in September 2022, Akhil Bhartiya Terapanth Yuvak Parishad (ABTYP), with 350 branches and a strength of more than 45000 members, launched a major Mega Blood Donation Drive in India. Also, the program planned to organize more than 2,000 camps and donate over 100 thousands units of blood across the globe. The Blood banks play a critical role by storing blood for future use. Also, blood banks carefully screen donated blood to keep blood safe. A high prevalence of blood donation and transfusion increases segment growth.
For instance, as per the Health Sciences Authority (HSA) Singapore 2024 update, the HSA collected 122.68 thousand whole blood and 8.37 thousand apheresis donations in 2023. As per the same source, Singapore's demand for blood in 2024 stands at 14 units per hour, translating to 325 units daily and a staggering 118.75 thousand units annually. As the number of blood donations increases, the donated blood stores in the blood bank increase the demand for the segment over the forecast period.
Thus, due to the increase in road accident cases and the rise in blood donation, the blood bank segment is anticipated to witness growth in the blood typing market over the forecast period.
North America is Anticipated to Witness a Growth in the Blood Group Typing Market Over the Forecast Period
North America is anticipated to witness growth in the market owing to factors such as an increase in the number of road accidents and the rising prevalence of chronic diseases. Moreover, as road fatalities and crashes rise, the need for blood group typing is set to surge, bolstering the demand for blood group typing services in the coming years.
Furthermore, the rise in demand for blood transfusion and initiatives for blood donation in North America drives the market's growth. For instance, Canadian Blood Services implemented a new donor screening approach. The approach eliminated the current three-month blanket donor deferral period for all men who have sex with men and instead screens all donors, regardless of gender or sexuality, for high-risk sexual behavior.
Similarly, in June 2022, BAPS Charities launched the 鈥業n the Joy of Others Blood Donation Campaign鈥� across Canada in partnership with Canadian Blood Services. The blood donation campaign ran in 14 cities across Canada throughout 2022 to collect more than 1,000 units of blood, plasma, and stem cells to serve thousands of people in need in hospitals across Canada. The Canadian Blood Services Stem Cell Registry also promotes the campaign to support patients further.
Furthermore, as per the January 2024 update by the American Red Cross, the authority reported a nationwide emergency due to a severe blood shortage, attributed to the lowest donor numbers in twenty years. This scarcity of blood supply presents a significant risk to patient care. In response, the Red Cross of Southern Nevada urgently calls upon the community to step forward, donate blood, and secure the necessary supply for critical treatments. In all the above cases, there is a huge need for blood typing, and a rise in the number of such cases is expected to boost the market's growth.
Thus, due to the increase in road accident cases and the rise in blood donation campaigns, North America is anticipated to witness growth in the blood typing market over the forecast period.
Blood Group Typing Industry Overview
The blood group typing market studied is fragmented due to various market players' presence. Some market players are Mesa Laboratories, Inc. (Agena Bioscience, Inc.), Danaher Corporation (Beckman Coulter, Inc.), Bio-Rad Laboratories, Inc., DIAGAST, Grifols, S.A., AXO Science, Merck KGaA, Quotient, Ltd., and Thermo Fisher Scientific.
Blood Group Typing Market Leaders
-
Bio-Rad Laboratories, Inc.
-
Grifols, S.A.
-
Mesa Laboratories, Inc. (Agena Bioscience, Inc.)
-
AXO Science
-
Danaher Corporation (Beckman Coulter, Inc)
*Disclaimer: Major Players sorted in no particular order
Blood Group Typing Market News
- April 2023: San Diego Blood Bank (SDBB) launched the Precision Blood Initiative expansion, a nonprofit healthcare organization for improving the standard of care for blood transfusion patients. SDBB and its Southern California Blood Bank division focused on commencing the program and scaling the Precision Blood typing process.
- April 2023: Metropolis Healthcare Limited launched the 'NextGen HLA' high-resolution typing test in India, performed for Hematopoietic Stem Cell Transplant (HSCT) and Solid organ transplantation.
Blood Group Typing Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Blood Group Typing in Prenatal Testing
4.2.2 Growing Number of Road Accidents, Emergencies, and Trauma Cases Necessitating Blood Transfusions
4.2.3 Rising Number of Blood Donations
4.3 Market Restraints
4.3.1 Poor Blood Service Infrastructure
4.3.2 Lack of Skilled Professionals
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Product
5.1.1 Instruments
5.1.2 Consumables
5.1.3 Services
5.2 By Technique
5.2.1 PCR-based and Microarray
5.2.2 Assay-based
5.2.3 Massively Parallel Sequencing
5.2.4 Other Techniques
5.3 By Test Type
5.3.1 Antibody Screening
5.3.2 HLA Typing
5.3.3 Cross-matching Tests
5.3.4 ABO blood Tests
5.3.5 Other Test Types
5.4 By End User
5.4.1 Hospitals
5.4.2 Blood Banks
5.4.3 Others
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Italy
5.5.2.5 Spain
5.5.2.6 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 India
5.5.3.4 Australia
5.5.3.5 South Korea
5.5.3.6 Rest of Asia-Pacific
5.5.4 Middle East and Africa
5.5.4.1 GCC
5.5.4.2 South Africa
5.5.4.3 Rest of Middle East and Africa
5.5.5 South America
5.5.5.1 Brazil
5.5.5.2 Argentina
5.5.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Mesa Laboratories, Inc. (Agena Bioscience, Inc.)
6.1.2 Danaher Corporation (Beckman Coulter, Inc)
6.1.3 Bio-Rad Laboratories, Inc.
6.1.4 DIAGAST
6.1.5 Grifols, S.A.
6.1.6 AXO Science
6.1.7 Merck KGaA
6.1.8 Quotient, Ltd.
6.1.9 Thermo Fisher Scientific
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Blood Group Typing Industry Segmentation
As per the scope of this report, blood group typing is a classification of blood based on the presence and absence of antibodies and inherited antigenic substances on the surface of red blood cells.
The blood group typing market is segmented by product, technique, test type, end-user and geography. By product, the market is segmented by instruments, consumables, and services. By technique, the market is segmented into instruments, consumables, and services. By technique the market is segmented into PCR-based and microarray, assay-based, massively parallel sequencing, and other techniques. By test type, the market is segmented into antibody screening, HLA Typing, cross-matching tests, ABO blood tests, and other test types. By end user, the market is segmented into hospitals, blood banks and other end-users. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.
| By Product | |
| Instruments | |
| Consumables | |
| Services |
| By Technique | |
| PCR-based and Microarray | |
| Assay-based | |
| Massively Parallel Sequencing | |
| Other Techniques |
| By Test Type | |
| Antibody Screening | |
| HLA Typing | |
| Cross-matching Tests | |
| ABO blood Tests | |
| Other Test Types |
| By End User | |
| Hospitals | |
| Blood Banks | |
| Others |
| Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Blood Group Typing Market Research Faqs
How big is the Blood Group Typing Market?
The Blood Group Typing Market size is expected to reach USD 2.09 billion in 2024 and grow at a CAGR of 7.96% to reach USD 2.99 billion by 2029.
What is the current Blood Group Typing Market size?
In 2024, the Blood Group Typing Market size is expected to reach USD 2.09 billion.
Who are the key players in Blood Group Typing Market?
Bio-Rad Laboratories, Inc., Grifols, S.A., Mesa Laboratories, Inc. (Agena Bioscience, Inc.), AXO Science and Danaher Corporation (Beckman Coulter, Inc) are the major companies operating in the Blood Group Typing Market.
Which is the fastest growing region in Blood Group Typing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Blood Group Typing Market?
In 2024, the North America accounts for the largest market share in Blood Group Typing Market.
What years does this Blood Group Typing Market cover, and what was the market size in 2023?
In 2023, the Blood Group Typing Market size was estimated at USD 1.92 billion. The report covers the Blood Group Typing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Blood Group Typing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Blood Group Typing Industry Report
Statistics for the 2024 Blood Grouping Typing market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Blood Grouping Typing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
