The Blood Screening Global Market Report 2023, provides comprehensive information on the blood screening market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Blood Screening Global Market Report 2023, the global blood screening market size is expected to grow from $2.65 billion in 2022 to $2.92 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global blood screening market size is expected to reach $4.24 billion in 2027 at a CAGR of 9.7%.
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Product innovation is a key trend gaining popularity in the blood screening market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For instance, in November 2021, Intuity Medical, Inc., a US-based company operating in diabetes management, introduced the POGO system, an automatic blood glucose monitoring device. The Pogo system utilizes 10-test cartridge technology in which lances, collects, and analyses blood from the finger all at once and displays results in a four-second countdown, eliminating the need to carry additional test strips and lancets. It provides a straightforward blood glucose testing experience than a conventional blood glucose metre.
The blood screening market is segmented:
1) By Product: Reagents and Kits, Instruments, Software and Services
2) By Technology: Nucleic Acid Testing, Enzyme-Linked Immunosorbent Assay (ELISA), Rapid Tests, Western Blot Assays, Next-Generation Sequencing (NGS)
3) By End User: Blood Banks, Diagnostic Centers and Pathology Labs, Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)
North America was the largest region in the blood screening market in 2022.
The table of contents in TBRC’s blood screening market report includes:
1. Executive Summary
2. Blood Screening Market Characteristics
3. Blood Screening Market Trends And Strategies
4. Blood Screening Market – Macro Economic Scenario
5. Blood Screening Market Size And Growth
….
26. Africa Blood Screening Market
27. Blood Screening Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blood Screening Market
29. Blood Screening Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Abbott Laboratories
Grifols S.A
Becton Dickinson and Company
F. Hoffmann-La Roche AG
bioMérieux SA
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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