The global US Blood Transfusion Diagnostics Market Size was estimated at USD 1.91 billion in 2021. Fortune Business Insights predicts the market in terms of revenue is estimated to be worth USD 3.58 billion by 2029 and is poised to grow at a CAGR of 7.2% during the forecast period (2022-2029). The report covers global industry size, the latest trends, regional share, demand, recent developments and business opportunities. The report is titled, “US Blood Transfusion Diagnostics Market Analysis and Forecast, 2023- 2029”
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In-depth analysis focusing on the worldwide market trend, the US Blood Transfusion Diagnostics Market is examined until the year 2029. The report’s primary goal is to give readers a comprehensive picture of the global market, including a breakdown of the industry by product/application and geography. During the projected time, there will be a significant increase in worldwide demand. In addition to offering important trends and opportunities in the market, the research report delivers critical statistics on the competitive landscape for the US Blood Transfusion Diagnostics Market.
Key Topics Covered in the US Blood Transfusion Diagnostics Market Report:
- Comprehensive assessment of the global market
- Key aspects of the market survey
- Competitive Landscape – Key Players
- Regional Analysis – Demand, Sales and Revenue
- Opportunities in emerging economies
Factors affecting the global US Blood Transfusion Diagnostics Market:
- Technological Advancements: Continuous advancements in blood transfusion diagnostics drive innovation in the US market, with new technologies such as nucleic acid testing (NAT), immunoassays, and automation enhancing the speed, accuracy, and safety of blood screening and compatibility testing.
- Emphasis on Blood Safety: The market experiences growth due to increased emphasis on blood safety measures, including screening for infectious diseases such as HIV, hepatitis, and Zika virus, as well as implementation of pathogen reduction technologies to minimize the risk of transfusion-transmitted infections.
- Rising Demand for Blood Products: Growing demand for blood products, including red blood cells, platelets, and plasma, in healthcare settings drives demand for blood transfusion diagnostics, ensuring compatibility, quality, and safety of blood products for transfusion recipients.
- Regulatory Compliance and Standardization: Compliance with regulatory requirements, including FDA regulations, AABB standards, and CLIA certification, influences the development and adoption of blood transfusion diagnostics, ensuring adherence to quality assurance, validation, and proficiency testing protocols.
- Market Consolidation and Competitive Landscape: The US blood transfusion diagnostics market is characterized by a competitive landscape with key players engaging in mergers, acquisitions, and strategic partnerships to expand product portfolios, geographic reach, and market share, driving competition and innovation in the industry.
The most recent report by Fortune Business Insights identifies key opportunities for market expansion over the forecast period. In this report, market opportunities are plotted using a detailed study of the current US Blood Transfusion Diagnostics Market scenario, mergers & acquisitions, investments in research & development, technological developments, novel marketing strategies, and buyers’ behaviour. The key opportunities covered in the report will provide a better understanding of the global US Blood Transfusion Diagnostics Market and its future growth.
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List of Key Players Covered in the Report:
- QUOTIENT LIMITED (Switzerland)
- Grifols, S.A. (Spain)
- Immucor, Inc. (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- Merck KGaA (Germany)
- Beckman Coulter, Inc. (Danaher) (U.S.)
- QuidelOrtho Corporation (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Abbott (U.S.)
The use of the US Blood Transfusion Diagnostics Market report can help investors to make more informed decisions, access a wider range of investment options, and achieve their financial goals more effectively. Additionally, the market for US Blood Transfusion Diagnostics Market is growing rapidly, driven by factors covered in the report. As a result, the market is expected to grow in the forecasted years.
Major Points in TOC:
- US Blood Transfusion Diagnostics Market Overview and Scope
- Global Sales Volume and CAGR
- Total Consumption Region wise
- Latest Industry Outlook
- US Blood Transfusion Diagnostics Market Drivers Analysis
- Emerging Trends
- Revenue Forecast
- Current Price and Gross Margin
- Market Dynamics, Risk and Challenges
- Porter’s five forces analysis
- Key developments (mergers, Acquisitions, etc.)
- US Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2029
- Global End Users and Applications
TOC Continued……………
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FAQ’s
How Big is the US Blood Transfusion Diagnostics Market?
The global US Blood Transfusion Diagnostics Market is estimated to be worth USD 3.58 billion by 2029 and is poised to grow at a CAGR of 7.2% during (2022-2029)
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