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report thumbnailU.S. Blood Transfusion Diagnostics Market

U.S. Blood Transfusion Diagnostics Market Strategic Insights: Analysis 2024 and Forecasts 2032

U.S. Blood Transfusion Diagnostics Market by Product (Instruments, Reagents & Kits), by Application (Blood Screening, Blood Group Typing), by End-user (Hospital-based Laboratories, Independent Laboratories & Blood Banks), by Forecast 2024-2032

Oct 11 2024
Base Year: 2023
180 Pages
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U.S. Blood Transfusion Diagnostics Market Strategic Insights: Analysis 2024 and Forecasts 2032

Key Insights

The U.S. Blood Transfusion Diagnostics Market size was valued at USD 1.91 USD billion in 2023 and is projected to reach USD 5.91 USD billion by 2032, exhibiting a CAGR of 17.5 % during the forecast period. The increasing prevalence of blood-borne diseases, rising demand for blood transfusions, and technological advancements in the field are driving the market growth. The U.S. blood transfusion diagnostics market is a critical segment of the healthcare industry, focused on ensuring the safety and compatibility of blood transfusions. This market can be grouped into broad categories, including blood typing reagents, infectious disease screening and confirmation reagents and kits, and highly sensitive diagnostic technologies like nucleic acid amplification tests. Factors that fuel growth for this market include higher incidence of chronic diseases, population aging, and higher prevalence in surgical operations that necessitate blood transfusion. Besides that, expanding application of diagnostic technologies in medicine and high requirements to the quality of tests also boosts the market development due to increased accuracy and safety. As a whole, the U. S. blood transfusion diagnostics market is a significant component in protecting as well as enhancing the quality of the blood transfusion services, which in turn influences patients’ fate and results.

U.S. Blood Transfusion Diagnostics Market Research Report - Market Size, Growth & Forecast

U.S. Blood Transfusion Diagnostics Trends

  • Increasing use of molecular diagnostics for blood testing
  • Rising adoption of automation in blood transfusion diagnostics
  • Growing focus on cost-effective and point-of-care testing

Driving Forces: What's Propelling the U.S. Blood Transfusion Diagnostics Market

  • Rising prevalence of blood-borne diseases
  • Increasing demand for blood transfusions
  • Technological advancements in blood transfusion diagnostics

Challenges and Restraints in U.S. Blood Transfusion Diagnostics Market

  • Fluctuating reimbursement policies
  • Stringent regulatory requirements
  • High cost of some diagnostic tests

Emerging Trends in U.S. Blood Transfusion Diagnostics

  • Use of artificial intelligence (AI) in blood transfusion diagnostics
  • Development of non-invasive blood testing methods
  • Increasing focus on personalized medicine

Growth Catalysts in U.S. Blood Transfusion Diagnostics Industry

U.S. Blood Transfusion Diagnostics Market Growth
  • Collaborations between blood banks and diagnostics companies
  • Funding for research and development in blood transfusion diagnostics
  • Government initiatives to improve blood safety

Market Segmentation: U.S. Blood Transfusion Diagnostics Analysis

Product:

  • Instruments
  • Reagents & Kits

Application:

  • Blood Screening
  • Blood Group Typing

End-user:

  • Hospital-based Laboratories
  • Independent Laboratories & Blood Banks

Leading Players in the U.S. Blood Transfusion Diagnostics Market

  • QUOTIENT LIMITED 
  • Grifols, S.A. 
  • Immucor, Inc. 
  • Bio-Rad Laboratories, Inc. 
  • Merck KGaA 
  • Beckman Coulter, Inc. (Danaher) 
  • QuidelOrtho Corporation 
  • F. Hoffmann-La Roche Ltd. 
  • Abbott 

Significant developments in U.S. Blood Transfusion Diagnostics Sector

  • FDA approval of new blood screening tests
  • Launch of automated blood transfusion diagnostic systems
  • Expansion of blood bank networks

Comprehensive Coverage U.S. Blood Transfusion Diagnostics Market Report

  • Market size estimates and forecasts
  • Analysis of key market trends and drivers
  • Detailed segmentation of the market
  • Profiles of leading market players
  • Comprehensive industry analysis

Regional Insight

The U.S. blood transfusion diagnostics market is expected to witness significant growth in the Western region due to the presence of major healthcare centers and a high prevalence of blood-borne diseases.

DROCT

DROCT analysis will be included in the market report.

Pricing Analysis

Pricing analysis will be included in the market report.

Import And Export Analysis

Import and export analysis will be included in the market report.

Patent/Trademark Analysis

Patent/Trademark analysis will be included in the market report.

U.S. Blood Transfusion Diagnostics Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.5% from 2018-2032
Segmentation
    • By Product
      • Instruments
      • Reagents & Kits
    • By Application
      • Blood Screening
      • Blood Group Typing
    • By End-user
      • Hospital-based Laboratories
      • Independent Laboratories & Blood Banks
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increasing Prevalence of Heart Diseases to Increase the Demand for Drug-eluting Balloon Catheters
      • 3.3. Market Restrains
        • 3.3.1. Adverse Reactions Associated with Blood Transfusion Processes May Hinder Market Growth Prospects
      • 3.4. Market Trends
        • 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Product
      • 5.1.1. Instruments
      • 5.1.2. Reagents & Kits
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Blood Screening
      • 5.2.2. Blood Group Typing
    • 5.3. Market Analysis, Insights and Forecast - by End-user
      • 5.3.1. Hospital-based Laboratories
      • 5.3.2. Independent Laboratories & Blood Banks
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1.
  6. 6. Northeast U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Product
        • 6.1.1 Instruments
        • 6.1.2 Reagents & Kits
      • 6.2. Market Analysis, Insights and Forecast - By Application
        • 6.2.1 Blood Screening
        • 6.2.2 Blood Group Typing
      • 6.3. Market Analysis, Insights and Forecast - By End-user
        • 6.3.1 Hospital-based Laboratories
        • 6.3.2 Independent Laboratories & Blood Banks
  7. 7. Southeast U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Product
        • 7.1.1 Instruments
        • 7.1.2 Reagents & Kits
      • 7.2. Market Analysis, Insights and Forecast - By Application
        • 7.2.1 Blood Screening
        • 7.2.2 Blood Group Typing
      • 7.3. Market Analysis, Insights and Forecast - By End-user
        • 7.3.1 Hospital-based Laboratories
        • 7.3.2 Independent Laboratories & Blood Banks
  8. 8. Midwest U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Product
        • 8.1.1 Instruments
        • 8.1.2 Reagents & Kits
      • 8.2. Market Analysis, Insights and Forecast - By Application
        • 8.2.1 Blood Screening
        • 8.2.2 Blood Group Typing
      • 8.3. Market Analysis, Insights and Forecast - By End-user
        • 8.3.1 Hospital-based Laboratories
        • 8.3.2 Independent Laboratories & Blood Banks
  9. 9. Southwest U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Product
        • 9.1.1 Instruments
        • 9.1.2 Reagents & Kits
      • 9.2. Market Analysis, Insights and Forecast - By Application
        • 9.2.1 Blood Screening
        • 9.2.2 Blood Group Typing
      • 9.3. Market Analysis, Insights and Forecast - By End-user
        • 9.3.1 Hospital-based Laboratories
        • 9.3.2 Independent Laboratories & Blood Banks
  10. 10. West U.S. Blood Transfusion Diagnostics Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Product
        • 10.1.1 Instruments
        • 10.1.2 Reagents & Kits
      • 10.2. Market Analysis, Insights and Forecast - By Application
        • 10.2.1 Blood Screening
        • 10.2.2 Blood Group Typing
      • 10.3. Market Analysis, Insights and Forecast - By End-user
        • 10.3.1 Hospital-based Laboratories
        • 10.3.2 Independent Laboratories & Blood Banks
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 QUOTIENT LIMITED (Switzerland)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Grifols S.A. (Spain)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Immucor Inc. (U.S.)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Bio-Rad Laboratories Inc. (U.S.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Merck KGaA (Germany)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Beckman Coulter Inc. (Danaher) (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 QuidelOrtho Corporation (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 F. Hoffmann-La Roche Ltd. (Switzerland)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Abbott (U.S.)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: U.S. Blood Transfusion Diagnostics Market Revenue Breakdown (USD billion, %) by Product 2023 & 2031
  2. Figure 2: U.S. Blood Transfusion Diagnostics Market Value Share (%), by Product 2023 & 2031
  3. Figure 3: U.S. Blood Transfusion Diagnostics Market Value Share (%), by Application 2023 & 2031
  4. Figure 4: U.S. Blood Transfusion Diagnostics Market Value Share (%), by End-user 2023 & 2031
  5. Figure 5: U.S. Blood Transfusion Diagnostics Market Share (%) by Company 2023
List of Tables
  1. Table 1: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Product 2018 & 2031
  2. Table 2: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Product 2018 & 2031
  3. Table 3: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Application 2018 & 2031
  4. Table 4: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Application 2018 & 2031
  5. Table 5: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by End-user 2018 & 2031
  6. Table 6: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by End-user 2018 & 2031
  7. Table 7: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Region 2018 & 2031
  8. Table 8: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Region 2018 & 2031
  9. Table 9: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Product 2018 & 2031
  10. Table 10: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Product 2018 & 2031
  11. Table 11: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Application 2018 & 2031
  12. Table 12: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Application 2018 & 2031
  13. Table 13: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by End-user 2018 & 2031
  14. Table 14: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by End-user 2018 & 2031
  15. Table 15: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Region 2018 & 2031
  16. Table 16: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Region 2018 & 2031
  17. Table 17: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Product 2018 & 2031
  18. Table 18: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Product 2018 & 2031
  19. Table 19: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Application 2018 & 2031
  20. Table 20: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Application 2018 & 2031
  21. Table 21: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by End-user 2018 & 2031
  22. Table 22: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by End-user 2018 & 2031
  23. Table 23: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Country 2018 & 2031
  24. Table 24: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Country 2018 & 2031
  25. Table 25: Northeast U.S. Blood Transfusion Diagnostics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  26. Table 26: Northeast U.S. Blood Transfusion Diagnostics Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  27. Table 27: Southeast U.S. Blood Transfusion Diagnostics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  28. Table 28: Southeast U.S. Blood Transfusion Diagnostics Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  29. Table 29: Midwest U.S. Blood Transfusion Diagnostics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  30. Table 30: Midwest U.S. Blood Transfusion Diagnostics Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  31. Table 31: Southwest U.S. Blood Transfusion Diagnostics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  32. Table 32: Southwest U.S. Blood Transfusion Diagnostics Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  33. Table 33: West U.S. Blood Transfusion Diagnostics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  34. Table 34: West U.S. Blood Transfusion Diagnostics Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  35. Table 35: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Product 2018 & 2031
  36. Table 36: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Product 2018 & 2031
  37. Table 37: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Application 2018 & 2031
  38. Table 38: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Application 2018 & 2031
  39. Table 39: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by End-user 2018 & 2031
  40. Table 40: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by End-user 2018 & 2031
  41. Table 41: U.S. Blood Transfusion Diagnostics Market Revenue USD billion Forecast, by Country 2018 & 2031
  42. Table 42: U.S. Blood Transfusion Diagnostics Market Volume 1,000 Units Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.5% from 2018-2032
Segmentation
    • By Product
      • Instruments
      • Reagents & Kits
    • By Application
      • Blood Screening
      • Blood Group Typing
    • By End-user
      • Hospital-based Laboratories
      • Independent Laboratories & Blood Banks
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
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STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

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  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

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  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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