Blood Transfusion Diagnostics Market Size Development Trends, Competitive Landscape and Key Regions 2032

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Blood Transfusion Diagnostics Market by
Manufacturers, Regions, Type and Application
Forecast to 2032
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• Industry Insights

• Blood Transfusion Diagnostics Market size will
  expand significantly over 2023-2032.
• The flourishing medical device industry globally
  is presenting growth pathways for the market.
• Many governments in developed and developing
  countries are investing significant amounts into
  medical devices to expand their healthcare
  infrastructure.
• This, in consequence, has propelled the demand
  for blood transfusion diagnostic products, thus,
  contributing to market revenue.
• To illustrate, recent IBEF estimates suggest that
  the medical device market in India could be worth
  USD 50 billion by 2025.

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• The overall blood transfusion diagnostics
  industry is classified based on product,
  application, end-use, and region.
• The market share from the instruments segment
  will grow at a considerable CAGR from 2023 to
  2032. Recent advancements in blood transfusion
  instruments have improved the safety and efficacy
  of the transfusion process. In fact, automated
  blood component separators and cell salvage
  devices now allow for the extraction of specific
  blood components, reducing the need for whole
  blood transfusions and minimizing the risk of
  adverse reactions. Moreover, a remarkable rise in
  people undergoing surgical procedures has
  increased the need for blood transfusion
  instruments, such as blood bags, infusion pumps,
  and others, driving business growth.
• In terms of application, the blood transfusion
  diagnostics market value from the blood grouping
  segment will grow substantially through 2032.
  Consistent advancements in blood grouping are
  contributing to segment growth. Molecular blood
  group genotyping has revolutionized transfusion
  medicine by providing a DNA-based method for
  determining blood types. This technique involves
  identifying genetic variations and specific
  alleles associated with blood groups, allowing
  for precise and reliable blood typing.

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• Regional Analysis

• Asia Pacific blood transfusion diagnostics
  industry will grow at a significant CAGR from
  2023 to 2032. Growing healthcare industry,
  coupled with the increasing geriatric population
  in the region, is working in favor of industry
  growth. As per WHO, over 28 of people in China
  will be over 60 years of age by 2040.

• Competitive Analysis

• Abbott Laboratories, BAG Healthcare GmBH, Bio-Rad
  Laboratories, Inc, Danaher Corporation,
  Diagnostica Stago, DiaSorin S.p.A., F.
  Hoffmann-La Roche Ltd, Grifols S.A., Hologic,
  Inc., Immucor Inc., Merck KGaA, Ortho Clinical
  Diagnostics, Quotient Ltd and Thermo Fisher
  Scientific Inc. among others.

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