Serum Blood Market size was valued at USD in 2024 and is forecasted to grow at a CAGR of % from 2026 to 2033, reaching USD by 2033.
In 2022, the global serum blood market was valued at approximately USD 1,044.8 million and is projected to reach USD 1,421.6 million by 2029, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. North America led the market, accounting for 38% of the total revenue, followed by Asia Pacific with 30%, Europe at 22%, Latin America at 6%, and the Middle East & Africa contributing 4%. Notably, Asia Pacific is anticipated to experience the fastest growth, with a projected annual increase of 8%, driven by rising healthcare expenditures and expanding biotechnology sectors. The markets expansion is further propelled by the increasing prevalence of chronic diseases and the growing demand for personalized medicine. Technological advancements in serum blood analysis have enhanced diagnostic precision, fostering greater adoption across various medical applications. Additionally, the burgeoning biotechnology and pharmaceutical industries, particularly in emerging economies, present significant opportunities for market growth.
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Thermo Fisher (Life-Tech)
Sigma-Aldrich
Merck
Corning
Bovogen
Moregate Biotech
Biowest
Gemini
Bioind
Tissue Culture Biologicals
Thermo Fisher (Life-Tech)
South Pacific Sera
Lanzhou Minhai
Changchun Xinuo
Wuhan Sanli
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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. 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 Serum Blood Market
Bovine Serum
Porcine Serum
Equine Serum
Research and Development
Diagnostics
Therapeutics
Pharmaceutical Companies
Academic Institutions
Clinical Laboratories
Biotechnology Firms
Lyophilized Serum
Liquid Serum
Blood Donors
Derived from Cell Cultures
US (United States, US 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 Serum Blood 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 Serum Blood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Serum Blood Market, By Type
6. Global Serum Blood Market, By Application
7. Global Serum Blood Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Serum Blood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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