Blood group typing market is estimated to grow majorly on account of the increasing cases of blood cancer such as leukemia and lymphoma around the world.

NEW YORK, NEW YORK, UNITED STATES, November 15, 2022 /EINPresswire.com/ -- Increasing need for blood transfusion and blood cancer patients are anticipated to promote the growth of global blood group typing market and help to attain revenue of USD 2 Billion by 2033.

The recent market research analysis of “Blood Group Typing Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global blood group typing market in terms of market segmentation by product, test type, technique, end user and by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global blood group typing market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

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Blood group typing market to find numerous growth opportunities on the back of growing number of infectious diseases, finds Research Nester
The global blood group typing market is estimated to grow majorly on account of the increasing cases of blood cancer such as leukemia and lymphoma around the world. Approximately 60,650 new cases of leukemia were diagnosed in the year 2022, 24,000 leukemia-related deaths were reported, and 20,050 cases of acute myeloid leukemia (AML) were reported. The growing number of road accidents, blood transfusions, and donor registrations is also expected to drive the growth of the blood group typing market over the forecast period.

The global blood group typing market is segmented on the basis of end user into hospitals, blood banks, clinical laboratories and other. The blood banks segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the increasing number of blood donation centers and banks around the world. It was observed that about 106 million blood donations were collected in 169 countries by 13,300 blood centers. Furthermore, rising blood donation campaigns and government awareness campaigns are expected to boost segment growth.

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By region, the North America blood group typing market is to generate the highest revenue by the end of 2033. This growth is anticipated by rising demand for platelets and blood transfusion components. It was observed that total of nearly 16 million blood components is transfused in the United States every year, including nearly 5,000 platelets and 6.500 plasma units. Moreover, favorable reimbursement policies, a growing prevalence of chronic diseases, many of which require blood type determination in order to treat effectively, and an increasing incidence of infectious diseases is anticipated to fuel the regional market during the forecast period.

The research is global in nature and covers detailed analysis on the blood group typing market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global blood group typing market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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This report also provides the existing competitive scenario of some of the key players of the global blood group typing market which includes company profiling of Seegene Inc., QuidelOrtho Corporation, Rapid Labs Ltd, BAG Health Care GmbH, Quotient Suisse SA, Bio-Rad Laboratories Inc., Beckman Coulter Inc., Grifols, S.A., Immucor Inc., Novacyt Group, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood group typing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester:
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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