On the basis of region, the Blood Screening Market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in North America is projected to hold the largest market share during the forecast period on account of the presence of a strong healthcare network in the nations such as the United States and Canada. Moreover, Presence of several key players in the region who are operating in the Blood Screening Market are also anticipated to drive the growth of the market in North America.
The global Blood Screening Market was valued at USD 1.54 billion in 2016 and is projected to reach USD 3.63 billion by 2025, growing at a CAGR of 10% from 2017 to 2025. A blood screening is a medical process in which blood is scanned to test for a particular disease or condition. These processes vary according to the medical procedure to be performed. Increasing incidences of blood donation or transfusion is the key factor which is increasing the need of blood screening hence causing the market to grow rapidly.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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1. Market Drivers
1.1 Increasing numbers of blood transfusions and donation cases
1.2 Increasing need of blood donation and transfusions
1.3 Growing number of infections
1.4 Safety awareness increment regarding blood donation
2. Market Restraints
2.1 Capital expenditure
2.2 Lack of regulations
2.3 Alternatives available
1. Global Blood Screening Market, by Product and Services:
1.1 Reagents & Kits
1.1.1 NAT Reagents & Kits
126.96.36.199 Enzymes and Polymerases
188.8.131.52 Standards and Controls
184.108.40.206 Probes and Primers
220.127.116.11 Buffers, Nucleotides and Solutions
18.104.22.168 Labeling and Detection Reagents
1.1.2 ELISA Reagents & Kits
22.214.171.124 Conjugates (Antigen Or Antibody-Conjugated Enzyme)
126.96.36.199 Substrates (Of Enzymes)
188.8.131.52 Sample Diluents and Wash Solutions
1.1.3 Other Reagents
1.2.1 Rental Purchase
1.2.2 Outright Purchase
1.3 Software and Services
2. Global Blood Screening Market, by End User:
2.1 Blood Banks
3. Global Blood Screening Market, by Technology:
3.1 Nucleic Acid Test (NAT)
3.1.1 Transcription-Mediated Amplification (TMA)
3.1.2 Real-Time Polymerase Chain Reaction (PCR)
3.2 Enzyme-Linked Immunosorbent Assay (ELISA)
3.2.1 ELISA Market, By Platform
184.108.40.206 Chemiluminescence Immunoassay (CLIA)
220.127.116.11 Fluorescence Immunoassay (FIA)
18.104.22.168 Colorimetric Immunoassay (CI)
3.2.2 ELISA Market, By Generation
22.214.171.124 First-Generation ELISA
126.96.36.199 Second-Generation ELISA
188.8.131.52 Third-Generation ELISA
184.108.40.206 Fourth-Generation & Above
3.3 Rapid Tests
3.4 Western Blot Assay
3.5 Next-Generation Sequencing (NGS)
4. Global Blood Screening Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
2. F. Hoffmann-La Roche
3. Abbott Laboratories
5. Bio-Rad Laboratories, Inc.
6. Siemens Healthineers (A Subsidiary of Siemens AG)
7. Ortho Clinical Diagnostics, Inc.
8. Thermo Fisher Scientific, Inc.
9. Beckman Coulter (A Subsidiary of Danaher Corporation)
10. Becton, Dickinson and Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Blood Screening Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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