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Blood Screening Market by Technology, Product & End User - Global Forecasts to 2021

Blood Screening Market: Global Forecasts until 2021

  • January 2017
  • 156 pages
  • ID: 4603857
In this report:
In 2016, the hospitals segment is expected to hold approximately ##.##% of the global blood screening end-users market and grow at a CAGR of ##.##% during the forecast period.
In 2016, the blood banks segment is expected to account for a share of approximately ##.##% of the global blood screening end-users market and grow at a CAGR of ##.##% during the forecast period.

Summary

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The blood screening market is forecasted to reach ~$2.8B by 2021 from ~$1.8B in 2016, at a compound annual growth rate (CAGR) of 9.70 percent. The overall blood screening market is categorized based on technology, product & service, final user, and area. The technology segment includes nucleic acid tests, enzyme-linked immunosorbent assay, quick tests, western blot assays, and next-generation sequencing. The NAT segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. Top factors providing to the increase in this industry segment are growing number of blood donations, growing incidence of different infectious diseases, and growing disposable income to pay for advanced blood screening procedures including NAT-test.

On the basis of product & service, the sector is divided into reagents & kits, instruments, and software & services.In 2016, the reagents and kits segment is intended to account for the biggest share of the market.

The repeated usage of reagents and kits is the top driving factor driving the increase of this segment.

On the basis of end user, the sector is divided into blood banks and hospitals.In 2016, the blood banks segment is forecasted to account for the biggest of the market.

This is primarily due to the growing number of organ transplantation surgeries, growing demand for donated blood, increasing awareness about the safety of blood, and growing number of donations global.

Geographically, the blood screening market is leaded by, is monopolized by North America continent, succeeded by Europe (EU), Asia area, and the Rest of the globe.The increase of this market can be accredited to the rising adoption of nucleic acid tests in this area.

Additionally, the growing participation of several government associations in blood donations and screening & transfusion activities also supports the increase of the North American blood screening market.

Globally, the blood screening market is attesting substantial increase due to Elements such as rising number of blood donations and blood donors, increasing affordability and adoption of nucleic acid test for blood screening, growing awareness concerning the safety of donated blood, increasing demand for donated blood, and growing prevalence/incidence of infectious diseases.

The main players in this sector contain Grifols, Siemens Healthineers, Roche Diagnostics, Ortho Clinical Diagnostics, Incorporated, Abbott Laboratories (NYSE:ABT), Thermo Fisher Scientific (NYSE:TMO), bioMérieux, Beckman Coulter, Incorporated, BioRad (NYSE:BIO), and Becton Dickinson (NYSE:BDX), Dickinson and Organization.

Segment Research

Apart from comprehensive geographic and product review and sizing of market, the study also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years.Moreover, the corporation reviews include the product types, advancements, and strategies approved by the key market players to maintain and rise their companies in the sector.

The abovementioned market research data, current market size, and forecast of the future trends will facilitate top market players and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output in order to remain successful in the blood screening market.

Why Purchasing This Study Can Help You:

This industry report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies collect greater segment market share. Companies obtaining the analysis can use any one or an aggregation of the below-mentioned five strategies (business entry, product improvement/innovative projects, industry development, industry diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the product portfolios of the top actors in the blood screening market. The report analyses the blood screening market by technology, product & service, end-user, and area

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the blood screening market

• opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the blood screening market

• Market Development: Highlighted information about emerging sectors. This report analyses the market for different blood screening products across geographies

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the blood screening market

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