Blood Grouping Reagents Market Projected To Grow With Significant CAGR Over The Forecast Period

Blood Grouping Reagents Market Projected To Grow With Significant CAGR Over The Forecast Period

Global blood grouping reagent market: Blood grouping reagents are the essential testing reagents which are used by hospitals and the blood banks. They are used in determination and identification of antibody type in patient’s and donors’ blood, in order to ensure effective and safe transfusion of blood. Blood grouping reagents are indicated for determination of the Rh type and ABO blood group from donor’s blood. Blood grouping reagents are made up of antibodies which are derived from in-vitro cultures of hybridomas of human and murine origin and also includes antigens to act against blood groups A, B, A & B, D, Anti-C, Anti-c, Anti-E, Anti-e, and Anti-K for ABO typing.

Factors such as rising in the prevalence rate of various diseases, dire need for the blood during surgical procedures, rise in the government initiatives about necessity of the donation of blood, safe blood transfusion, campaigns on blood donation are propelling the growth of blood grouping reagents market. However, lack of awareness, paucity of trained and skilled professionals which may lead to risks in transfusion hence, diminishing the growth of blood bank reagents globally.

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The global blood grouping reagent market is categorized as under-

1. Product

• Consumables
• Instruments

2. Technique

• PCR-based and Microarray Technique
• Assay-Based Techniques
• Massively Parallel Sequencing Techniques
• Other Techniques

3. Test type

• Antibody Screening
• HLA Typing
• Cross-Matching Tests
• ABO Blood Tests
• Antigen Typing

4. End-users

Hospitals, Blood Banks and Clinical Laboratories.

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And lastly on the basis of geographical regions, blood grouping reagents market is divided into five major regions- Latin America, North America, Asia Pacific, Europe, the Middle East and Africa. North America holds largest market share due to favorable reimbursement policies for surgeries, and rising incidence of the major blood disorders. Asia-Pacific market is anticipated to show significant growth rate due to rise in incidence and prevalence rate of chronic disorders in Asian countries. Some of the players in the blood grouping reagents market are Grifols, S.A. (Spain), Bio-Rad Laboratories, Inc. (U.S.), Immucor, Inc. (U.S.), Quotient, Ltd. (U.S.), ), Novacyt Group (France), Ortho Clinical Diagnostics, Inc. (U.S.), BAG Healthcare GmbH (Germany), Day medical SA (Switzerland), Rapid Labs (U.K.), AXO Science (France). And DIAGAST (France). In 2017, Bio-Rad Laboratories, Inc., received U.S. FDA clearance for IH-1000 blood typing instrument to market in the US. In the same year, Immucor, Inc., launched MIA FORA NGS FLEX HLA Typing Assay which provides comprehensive coverage up to 11 HLA genes.

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Blood grouping reagents are the vital tools in diagnostic laboratories for blood group serology. Rise number of blood transfusion procedures is anticipated to pose great demand for the blood grouping reagents. In addition to this extended use of blood group reagents for the purpose of research is anticipated to propel the market growth of blood grouping reagents. Every day in U.S., approximately about 36,000 units of RBC, 7,000 units of platelets and 10,000 units of plasma are required and roughly 21 million blood components are transfused every year in U.S.

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