Blood Grouping Reagents Market Revenue was valued at USD 3.5 Billion in 2024 and is estimated to reach USD 5.8 Billion by 2033, growing at a CAGR of 5.7% from 2026 to 2033.
In 2022, the global blood grouping reagents market was valued at approximately USD 1.97 billion and is projected to reach USD 3.84 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.7% during the forecast period. North America held the largest market share of 37.74% in 2020, attributed to the increasing prevalence of chronic diseases, high demand for blood transfusions and organ transplants, technological advancements, and heightened public awareness. Europe followed as the second largest market, driven by a growing number of medical device manufacturers, improved economies, high disposable incomes, and increased healthcare spending.The Asia Pacific region is anticipated to experience the fastest growth in the blood grouping reagents market, fueled by increased R&D funding in countries like China and India, rising incidence of traumatic injuries from accidents, and government initiatives promoting blood donation awareness. For instance, India reported approximately 500,000 road accidents in 2019, resulting in about 150,000 fatalities and 300,000 injuries, highlighting the critical need for blood transfusions. The Middle East & Africa region is expected to witness steady growth due to the increasing number of companies offering treatment options and improving regulatory structures.
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LOREN
Aikang
Rapid Labs Ltd
Diagast SAS
Omega BIO-TEK
Immucor
Inc
Quotient Ltd
Tulip Diagnostics
Atlas Medical
Biotec Laboratories Ltd.
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 Blood Grouping Reagents Market
serological reagents
molecular reagents
blood typing antisera
controls and calibrators
blood banks
hospitals
diagnostic laboratories
research institutions
manual blood typing
automated blood typing
microarray technology
PCR-based typing
healthcare providers
blood donation centers
clinical laboratories
academic research organizations
single-use vials
bulk packaging
ready-to-use kits
chromatography cartridges
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 Blood Grouping Reagents 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 Blood Grouping Reagents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Blood Grouping Reagents Market, By Type
6. Global Blood Grouping Reagents Market, By Application
7. Global Blood Grouping Reagents Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Blood Grouping Reagents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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