Blood Screening Market Research Report: Growth Analysis and Projections


Posted March 7, 2024 by delvens123

The Blood Screening market size is projected to reach a CAGR of 8.5% from 2020 to 2028.

 
Blood Screening Market By Type (Reagents & Kits, Instruments, Software & Services), Technology (Enzyme-Linked Immunosorbent Assay (ELISA), Rapid Tests, Next-Generation Sequencing (NGS), Nucleic Acid Test, Western Blot Assay, Others), Disease Type (Oncology, Diabetes Mellitus, Cold & Flu, Cholesterol, Infectious Diseases, Respiratory Diseases, Hiv/Aids, Others), Application (Diagnostic Centers, Blood Bank, Hospitals, Clinics, Ambulatory Surgical Centers), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Blood Screening Market Overview
The Blood Screening market size is projected to reach a CAGR of 8.5% from 2020 to 2028.
Blood screening is a procedure or a diagnostic test which is used for the pre-diagnosis of any microbiology or viral infection in the body with the help of blood testing. The 3 main blood tests are 1. Complete blood count 2. Metabolic panel and 3. lipid panel. Blood Screening takes about 5-10 minutes for the full procedure but may take longer if the vein of the person is difficult to identify.
The increased incidents of infectious diseases along with the recent surge in demand for donated blood and more people getting involved in blood donations are some of the factors that have supported long-term expansion for Blood Screenings Market.
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COVID-19 had a substantial negative effect on the market, as during the prevalent lockdown conditions the need for donated blood and the blood donation facilities both had been decreased.
Blood Screening Market Regional Analysis
North America is the most rapidly growing market and offers a huge opportunity for the industry, since the prevalence of infectious diseases has surged in the region along with the increased expenditure on the health care sector.
Blood Screening Market Competitive Landscape
Key Players
• F. Hoffmann-La Roche Ltd.
• Grifols
• Abbott Laboratories, Inc.
• bioMérieux
• Bio-Rad Laboratories, Inc.
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Blood Screening Market Recent Developments
• In May 2021, SARS-CoV-2 IgG was brought into the market by Beckmann Coulter
• In September 2021, Roche Diagnostics completely took over TIB Molbiol Group.
Reasons to Acquire in the Blood Screening Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Blood Screening s Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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What is the compound annual growth rate (CAGR) of the Blood Screening Market?
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Who are the major players in Blood Screening Market?
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Last Updated March 7, 2024