Blood Group Typing Market to Hit 9.8% Growth Rate : Projected to Reach $ 3.12 Billion

The blood group typing market is projected to reach USD 3.12 billion by 2021 from USD 1.95 billion in 2016, at a CAGR of 9.8%,Driven by Aging Population and Growth in Surgeries in North America and Europe Region

The blood group typing market is projected to reach USD 3.12 Billion by 2021 from USD 1.95 Billion in 2016, at a CAGR of 9.8%. The increasing demand for blood and blood products, growing number of road accidents and trauma cases that necessitate blood transfusion, need for blood grouping during prenatal testing, and increasing usage of blood group typing in forensic sciences are the major factors fueling the growth of this market.

Based on technique, blood group typing market is segmented into PCR-based and microarray techniques, assay-based techniques, massively parallel sequencing, and other techniques. The PCR-based and microarray techniques segment is expected to grow at the highest CAGR during the forecast period. The large share and high growth of this segment can be attributed to the rising prevalence of chronic diseases and increasing R&D activities focused on understanding the molecular basis of blood and antibody-antigen interactions.

Complete report on Blood Group Typing Market spread across 146 Pages, Profiling 13 Companies and Supported with 68 Tables and 69 Figures is now available at http://www.rnrmarketresearch.com/blood-group-typing-market-by-product-consumable-anti-sera-instrument-service-test-type-abo-antigen-antibody-screening-cross-matching-hla-technique-assay-pcr-microarray-massively-parallel-sequencing-st-to-2021-market-report.html

Based on technique, blood group typing market is segmented into PCR-based and microarray techniques, assay-based techniques, massively parallel sequencing, and other techniques. The PCR-based and microarray techniques segment is expected to grow at the highest CAGR during the forecast period. The large share and high growth of this segment can be attributed to the rising prevalence of chronic diseases and increasing R&D activities focused on understanding the molecular basis of blood and antibody-antigen interactions.

Target Audience for this Report:

• Manufacturers of blood group typing products
• Vendors and distributors of blood group typing products
• Hospitals and clinics
• Blood banks
• Research institutes
• Venture capitalists and investors

Value Addition for the Buyer:

The blood group typing market report provides insights into the global blood group typing market. The market is segmented on the basis of product & service, test type, technique, end user, and region. The geographic analysis for these segments is also presented in this report. Leading players in the market are profiled to study their product offerings and understand strategies undertaken by them to be competitive in this market.

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Geographically, the blood group typing market in North America accounted for largest share in 2016. Growth in the North American segment is primarily driven by the rapid growth in the aging population, availability of reimbursement for several surgeries, and increasing incidence of major disorders. In addition, the high growth potential in the Asian region provides opportunities for players in the market.

The major players in blood group typing market are Bio-Rad Laboratories, Inc. (U.S.), Grifols, S.A. (Spain), Immucor, Inc. (U.S.), Ortho Clinical Diagnostics, Inc. (U.S.), Quotient, Ltd. (U.S.), ), Novacyt Group (France), BAG Healthcare GmbH (Germany), Rapid Labs (U.K.), Day medical SA (Switzerland), DIAGAST (France), and AXO Science (France).

Click here of discount and more information copy of “Blood Group Typing Market by Product (Consumable (Anti-sera), Instrument, Service), Test Type (ABO, Antigen, Antibody Screening, Cross Matching, HLA), Technique (Assay, PCR, Microarray, Massively Parallel Sequencing), End User - Global Forecast to 2021” research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=988514

The blood group typing market is segmented based on product and service, technique, test type, end user, and region. Apart from comprehensive geographic & devices analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by players to maintain and increase their shares in the market.

Reasons to Buy the Report:

This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms, garner greater market shares. Companies purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

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