Us Complete Blood Count CBC Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Complete Blood Count CBC Market was valued at USD 8.2 Billion in 2022 and is projected to reach USD 12.1 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
The United States Complete Blood Count (CBC) market is experiencing significant growth, driven by technological advancements and increasing healthcare awareness. A CBC test measures various components of blood, including red and white blood cells, hemoglobin, and platelets, providing essential information for diagnosing conditions like anemia, infections, and blood cancers.
Recent developments have seen key industry players introducing innovative CBC devices. In February 2021, Beckman Coulter launched the DxH 560 AL, a tabletop hematology analyzer designed to alleviate time and resource constraints in small to mid-sized diagnostic laboratories. This device requires only a 17 ÎĽL sample, making it suitable for patients with difficult-to-draw blood, such as infants and the elderly.
The COVID-19 pandemic has further underscored the importance of CBC tests. While not used to diagnose COVID-19 directly, CBC tests have been instrumental in monitoring the health of infected patients. For instance, in March 2020, Israel's Sheba Tel Hashomer hospital utilized Sight Diagnostics' OLO device to conduct CBC tests for COVID-19 patient management.
Market projections indicate robust growth. The global CBC market is expected to reach approximately USD 4.18 billion by 2032, with a compound annual growth rate (CAGR) of 6.46% during the forecast period. This expansion is attributed to rising healthcare expenditures and the introduction of new product lines by key industry players.
However, challenges persist. The high cost of CBC tests and devices can be a barrier, with prices ranging from USD 100 to over USD 1,000, depending on various factors. Additionally, the pandemic has disrupted supply chains, affecting the availability of raw materials necessary for manufacturing CBC devices.
Despite these challenges, the CBC market continues to evolve. Manufacturers are focusing on developing reliable, user-friendly products that provide rapid test results, aiming to enhance adoption rates in clinical settings. As healthcare continues to advance, the demand for efficient and accurate CBC testing solutions is expected to rise, contributing to the overall growth of the market.
In a related development, the 100 Gigabit Fiber Optic Transceiver Market is also witnessing growth, driven by the increasing demand for high-speed data transmission in various sectors.
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Abbott
BioMrieux
Cepheid
C. R. Bard
Roche
Thermo Fisher
Siemens Healthcare
Beckman Coulter
BD
Abbott
Abbott
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Complete Blood Count CBC Market
Automated CBC Analyzers
Manual CBC Analyzers
Reagents and Consumables
Accessories and Software
Hospitals
Diagnostic Laboratories
Research Institutions
Blood Banks
Disease Diagnosis
Health Checkups
Presurgical Screening
Monitoring Treatment Efficacy
Optical Technology
Electrical Impedance
Flow Cytometry
Microfluidics
Original Equipment Manufacturer (OEM)
Contract Manufacturing Organizations (CMOs)
Inhouse Manufacturing
Thirdparty Manufacturers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Complete Blood Count CBC Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Complete Blood Count CBC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Complete Blood Count CBC Market, By Type
6. Global Complete Blood Count CBC Market, By Application
7. Global Complete Blood Count CBC Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Complete Blood Count CBC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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