Market Size of Blood Group Typing Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 2.09 Billion |
Market Size (2029) | USD 2.99 Billion |
CAGR (2024 - 2029) | 7.96 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Blood Group Typing Market Analysis
The Blood Group Typing Market size is estimated at USD 2.09 billion in 2024, and is expected to reach USD 2.99 billion by 2029, at a CAGR of 7.96% during the forecast period (2024-2029).
An increasing number of road accidents, emergencies, and trauma cases requiring blood transfusions and the need for blood grouping in pregnancy drive the market's growth. For instance, as per the article published in April 2022 in PubMed, determining the fetus rhesus blood group at risk of hemolytic disease has potential application for early non-invasive prenatal testing (NIPT).
The study demonstrated the optimization of a real-time PCR assay for NIPT rhesus genotyping and the development of Bi-allelic short insertion/deletion polymorphisms (INDELs) as an internal control to optimize and validate rhesus genotyping based on Real-time PCR to avoid false or negative results. Hence, determining the fetus rhesus blood group at risk of hemolytic disease has potential application for early non-invasive prenatal testing, which is anticipated to raise the demand for blood group testing during pregnancy, thereby driving the market growth over the forecast period.
The increase in usage of blood group typing in forensic sciences and strict governing standards for blood transfusion are also boosting the global blood group typing market growth. Blood group typing is done to safely donate or receive a blood transfusion. It is also done to see if a person has a substance called Rh factor on the surface of red blood cells. There is a huge demand for blood typing products in the market owing to the rising number of road accidents and blood transfusions.
For instance, per the French Road Safety Observatory 2024 update, in 2023, police forces in mainland France recorded 235,000 road-related injury accidents, with 16,000 classified as serious. As accidents and injuries increase, the blood transfusion requirement is also raised, likely to boost the market growth.
Thus, due to the increase in demand for blood group typing in pregnancy and the rise in cases of road accidents, the market is anticipated to witness growth over the forecast period. However, poor blood service infrastructure and a lack of skilled professionals will likely hinder market growth over the forecast period.
Blood Group Typing Industry Segmentation
As per the scope of this report, blood group typing is a classification of blood based on the presence and absence of antibodies and inherited antigenic substances on the surface of red blood cells.
The blood group typing market is segmented by product, technique, test type, end-user and geography. By product, the market is segmented by instruments, consumables, and services. By technique, the market is segmented into instruments, consumables, and services. By technique the market is segmented into PCR-based and microarray, assay-based, massively parallel sequencing, and other techniques. By test type, the market is segmented into antibody screening, HLA Typing, cross-matching tests, ABO blood tests, and other test types. By end user, the market is segmented into hospitals, blood banks and other end-users. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.
By Product | |
Instruments | |
Consumables | |
Services |
By Technique | |
PCR-based and Microarray | |
Assay-based | |
Massively Parallel Sequencing | |
Other Techniques |
By Test Type | |
Antibody Screening | |
HLA Typing | |
Cross-matching Tests | |
ABO blood Tests | |
Other Test Types |
By End User | |
Hospitals | |
Blood Banks | |
Others |
Geography | ||||||||
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Blood Group Typing Market Size Summary
The blood group typing market is poised for significant growth, driven by various factors including the increasing incidence of road accidents, emergencies, and the rising prevalence of chronic diseases. The demand for blood group typing has surged, particularly during the COVID-19 pandemic, as the need for blood transfusions rose among individuals with weakened immune systems. Government initiatives to boost blood donations further supported market expansion during this period. The market is also benefiting from the growing use of blood group typing in prenatal testing and forensic sciences, as well as stringent regulations governing blood transfusions. These factors collectively contribute to the heightened demand for blood typing products, which are essential for safe blood donation and transfusion processes.
The market landscape is characterized by a fragmented structure with numerous players, including prominent companies such as Mesa Laboratories, Inc., Danaher Corporation, and Bio-Rad Laboratories, Inc. These companies are actively expanding their product offerings and enhancing their market presence through strategic acquisitions and collaborations. For instance, Grifols' acquisition of Biotest AG and its collaboration with Endpoint Health, Inc. are aimed at broadening their blood group typing portfolio. The increasing awareness about blood donation and the critical role of blood banks in storing and screening donated blood further underscore the market's growth potential. As the demand for blood transfusions continues to rise, particularly in regions with high traffic fatalities and chronic disease prevalence, the blood group typing market is expected to experience robust expansion over the forecast period.
Blood Group Typing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand for Blood Group Typing in Prenatal Testing
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1.2.2 Growing Number of Road Accidents, Emergencies, and Trauma Cases Necessitating Blood Transfusions
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1.2.3 Rising Number of Blood Donations
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1.3 Market Restraints
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1.3.1 Poor Blood Service Infrastructure
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1.3.2 Lack of Skilled Professionals
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Product
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2.1.1 Instruments
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2.1.2 Consumables
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2.1.3 Services
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2.2 By Technique
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2.2.1 PCR-based and Microarray
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2.2.2 Assay-based
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2.2.3 Massively Parallel Sequencing
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2.2.4 Other Techniques
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2.3 By Test Type
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2.3.1 Antibody Screening
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2.3.2 HLA Typing
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2.3.3 Cross-matching Tests
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2.3.4 ABO blood Tests
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2.3.5 Other Test Types
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2.4 By End User
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2.4.1 Hospitals
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2.4.2 Blood Banks
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2.4.3 Others
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2.5 Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Italy
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2.5.2.5 Spain
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2.5.2.6 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 South Korea
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2.5.3.6 Rest of Asia-Pacific
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2.5.4 Middle East and Africa
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2.5.4.1 GCC
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2.5.4.2 South Africa
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2.5.4.3 Rest of Middle East and Africa
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2.5.5 South America
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2.5.5.1 Brazil
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2.5.5.2 Argentina
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2.5.5.3 Rest of South America
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Blood Group Typing Market Size FAQs
How big is the Blood Group Typing Market?
The Blood Group Typing Market size is expected to reach USD 2.09 billion in 2024 and grow at a CAGR of 7.96% to reach USD 2.99 billion by 2029.
What is the current Blood Group Typing Market size?
In 2024, the Blood Group Typing Market size is expected to reach USD 2.09 billion.