Blood Screening Market Set to Surge Significantly during 2020-2025

1
Worldwide demand for blood screening products and
procedures remains on an uptrend, majorly driven
by the alarmingly high rate of infectious disease
spread. Chronic disease prevalence, and the
expansion of high-risk population further elevate
the prospects of global blood screening market.
In a new ongoing research study, Fairfield Market
Research intends to provide a detailed analysis
and growth forecast of blood screening market
over the next few years. The COVID-19 pandemic
came as a crisis, as well as a sea of
opportunities for the participants in global
blood screening market space, says the
report. Looking For a Sample Copy of This Report?
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tresearch.com/report/blood-screening-market/reques
t- sample Sales of blood screening reagents and
kits grow stronger based on their easier market
availability, and ability to deliver reliable,
faster, and specific results, especially when it
comes to specific detection of transfusion
transmissible infections (TTIs). While reagents
and kits maintain their primacy, the initial
findings also suggest that nucleic acid
amplification test (NAT) will continue to be the
most sought-after blood screening technology
owing to its superior sensitivity, and high
specificity for viral nucleic acid. Demand will
be notable at hospitals, whereas blood banks are
likely to represent the most lucrative end user
segment.
Adoption of Blood Screening Upbeat with Advent of
Molecular Biology Techniques A number of tests
are generally recommended during pregnancy to be
able to identify any potential prenatal
abnormalities. With advent of technology enabling
this, demand for blood screening procedures and
products will also be on the rise. Growing
significance of molecular biology techniques
like next generation sequencing (NGS), western
blot assay, and enzyme linked immunosorbent
assay (ELISA) further point to a host of
opportunities emerging for blood screening
market players. Research highlights stronger
adoption projections with the rise of
microbiological screening and multiplexing
technology for HBV, HCV, HIV, and pathogen
reduction. There are certain viral infectious
disease agents like hepatitis, HIV-1 and
2
-2, and HTLV that can only be detected through
blood screening procedures. This promises a
steady stream of demand generation opportunities
in blood screening market. Market in Asia Pacific
Develops High Growth Potential North America
continues to be a prime market for a variety of
blood screening products, and procedures. The
market here will receive an impetus from the
supportive regulatory environment, favourable
reimbursement scenario, and solid expansion of
the diagnostics sector. On the other side,
growing demand for blood screening tests across
several economies in Asia Pacific is all set to
create a fertile ground for market here. While
higher chronic disease prevalence,
noncommunicable disease spread, and frequent
epidemiological crises collectively form a
favourable growth environment for market
participants, rapid progress of the field of
diagnostics across the Asian subcontinent is all
set to complement this demand surge in IV bags
market. Do You Have Any Query or Specific
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od-screening-market/request- customization Moreov
er, the market here is projected to benefit from
a large number of initiatives like blood
donation campaigns, blood transfusion drives, and
public education and awareness programmes based
around the impact of disease transmission during
blood transfusion. Lack of standardisation will
however remain a challenge to the blood
transfusion landscape in long run, thereby
influencing the blood screening space. About
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