Rising prevalence of infectious diseases and growing demand for blood donations are driving the growth of the blood screening market. Additionally, increasing healthcare spending, technological advancements in blood screening techniques, and expanding awareness about the importance of early disease detection are contributing to market growth.
Report Coverage | Details |
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Segments Covered | Product, Technology, End-Use |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Abbott Laboratories, F. Hoffmann-La Roche., Grifols, S.A., Hologic,, QIAGEN N.V., Becton, Dickinson and Company, Bio-Rad Laboratories,, Siemens Healthineers AG, Thermo Fisher Scientific,, SOFINA s.a (Biomerieux), Danaher, Ortho-Clinical Diagnostics,, DiaSorin S.p.A. |
The stringent regulations and high cost associated with blood screening tests are major restraints hindering market growth. Moreover, shortage of skilled professionals in the field of blood screening is also impacting market expansion.
Asia Pacific: The blood screening market in Asia Pacific is anticipated to experience rapid growth, primarily driven by countries such as China, Japan, and South Korea. Rising healthcare expenditure, increasing awareness about blood safety, and the presence of a large patient pool are contributing to market growth in this region.
Europe: In Europe, countries like the United Kingdom, Germany, and France are expected to be key contributors to the blood screening market. Stringent regulations regarding blood safety and the presence of advanced healthcare facilities are fueling market growth in these countries. Increasing prevalence of chronic diseases and growing demand for blood transfusions are further driving market growth in Europe.
The Blood Screening market is segmented by product into Reagents & Kits (NAT, ELISA) and Instruments. The Reagents & Kits segment is expected to dominate the market due to the increasing prevalence of infectious diseases and the rising demand for blood screening tests. The NAT and ELISA kits offer high sensitivity and specificity, making them the preferred choice for blood screening procedures. On the other hand, the Instruments segment is also poised for growth, driven by the advancements in technology and the increasing adoption of automated screening instruments in healthcare facilities.
Technology Analysis
In terms of technology, the Blood Screening market is segmented into Serology/Immunoassays, Rapid Test, Western Blot Assays, and NGS. Serology/Immunoassays is the most widely used technology for blood screening, owing to its accuracy and reliability in detecting infectious agents in blood samples. However, the Rapid Test segment is gaining traction due to its quick turnaround time and ease of use, especially in point-of-care settings. Moreover, the growing application of NGS technology in blood screening is expected to drive market growth in the coming years.
End-use Analysis
The End-use segment of the Blood Screening market includes Hospitals, Blood Banks, and Pathology Laboratories. Hospitals are the largest end-users of blood screening products and services, primarily due to the high volume of blood screening tests conducted in these facilities. Blood Banks also play a crucial role in the market, ensuring the safety and quality of blood products through rigorous screening protocols. Pathology Laboratories, on the other hand, are witnessing an increasing adoption of advanced blood screening technologies to improve the efficiency and accuracy of screening tests.
Top Market Players
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthineers
- Thermo Fisher Scientific
- BioMerieux
- Ortho Clinical Diagnostics
- Hologic, Inc.
- Grifols S.A.
- PerkinElmer
- Becton, Dickinson and Company