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Blood Grouping Reagents-Global Market Insights and Sales Trends 2024
Synopsis
Blood grouping reagents are solutions that are used to determine human blood group antigens (such as ABO, Rhesus, Kell, and MNS blood group antigens). The ABO and the RhD blood group systems are the most important blood groups in transfusions.
The global Blood Grouping Reagents market size is expected to reach US$ 778.8 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Blood Grouping Reagents in various end use industries. The expanding demands from the Hospitals, Blood Banks, Clinical Laboratories and Others, are propelling Blood Grouping Reagents market. Blood Group A Reagents, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Blood Group B Reagents segment is estimated at % CAGR for the next seven-year period.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Blood Grouping Reagents, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Blood Grouping Reagents market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Blood Grouping Reagents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Blood Grouping Reagents sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Blood Grouping Reagents covered in this report include LOREN, Aikang, Rapid Labs Ltd, Diagast SAS, Omega BIO-TEK, Immucor, Inc, Quotient Ltd, Tulip Diagnostics and Atlas Medical, etc.
The global Blood Grouping Reagents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LOREN
Aikang
Rapid Labs Ltd
Diagast SAS
Omega BIO-TEK
Immucor, Inc
Quotient Ltd
Tulip Diagnostics
Atlas Medical
Biotec Laboratories Ltd.
Global Blood Grouping Reagents market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Blood Grouping Reagents market, Segment by Type:
Blood Group A Reagents
Blood Group B Reagents
Blood Group O Reagents
Others
Global Blood Grouping Reagents market, by Application
Hospitals
Blood Banks
Clinical Laboratories
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Blood Grouping Reagents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Blood Grouping Reagents in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Blood grouping reagents are solutions that are used to determine human blood group antigens (such as ABO, Rhesus, Kell, and MNS blood group antigens). The ABO and the RhD blood group systems are the most important blood groups in transfusions.
The global Blood Grouping Reagents market size is expected to reach US$ 778.8 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Blood Grouping Reagents in various end use industries. The expanding demands from the Hospitals, Blood Banks, Clinical Laboratories and Others, are propelling Blood Grouping Reagents market. Blood Group A Reagents, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Blood Group B Reagents segment is estimated at % CAGR for the next seven-year period.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Blood Grouping Reagents, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Blood Grouping Reagents market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Blood Grouping Reagents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Blood Grouping Reagents sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Blood Grouping Reagents covered in this report include LOREN, Aikang, Rapid Labs Ltd, Diagast SAS, Omega BIO-TEK, Immucor, Inc, Quotient Ltd, Tulip Diagnostics and Atlas Medical, etc.
The global Blood Grouping Reagents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LOREN
Aikang
Rapid Labs Ltd
Diagast SAS
Omega BIO-TEK
Immucor, Inc
Quotient Ltd
Tulip Diagnostics
Atlas Medical
Biotec Laboratories Ltd.
Global Blood Grouping Reagents market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Blood Grouping Reagents market, Segment by Type:
Blood Group A Reagents
Blood Group B Reagents
Blood Group O Reagents
Others
Global Blood Grouping Reagents market, by Application
Hospitals
Blood Banks
Clinical Laboratories
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Blood Grouping Reagents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Blood Grouping Reagents in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Blood Grouping Reagents Market Overview
1.1 Blood Grouping Reagents Product Overview
1.2 Blood Grouping Reagents Market Segment by Type
1.2.1 Blood Group A Reagents
1.2.2 Blood Group B Reagents
1.2.3 Blood Group O Reagents
1.2.4 Others
1.3 Global Blood Grouping Reagents Market Size by Type
1.3.1 Global Blood Grouping Reagents Market Size Overview by Type (2018-2029)
1.3.2 Global Blood Grouping Reagents Historic Market Size Review by Type (2018-2023)
1.3.3 Global Blood Grouping Reagents Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Blood Grouping Reagents Sales Breakdown by Type (2018-2023)
1.4.2 Europe Blood Grouping Reagents Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Blood Grouping Reagents Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Blood Grouping Reagents Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Blood Grouping Reagents Sales Breakdown by Type (2018-2023)
2 Global Blood Grouping Reagents Market Competition by Company
2.1 Global Top Players by Blood Grouping Reagents Sales (2018-2023)
2.2 Global Top Players by Blood Grouping Reagents Revenue (2018-2023)
2.3 Global Top Players by Blood Grouping Reagents Price (2018-2023)
2.4 Global Top Manufacturers Blood Grouping Reagents Manufacturing Base Distribution, Sales Area, Product Type
2.5 Blood Grouping Reagents Market Competitive Situation and Trends
2.5.1 Blood Grouping Reagents Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Blood Grouping Reagents Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Blood Grouping Reagents as of 2022)
2.7 Date of Key Manufacturers Enter into Blood Grouping Reagents Market
2.8 Key Manufacturers Blood Grouping Reagents Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Blood Grouping Reagents Status and Outlook by Region
3.1 Global Blood Grouping Reagents Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Blood Grouping Reagents Historic Market Size by Region
3.2.1 Global Blood Grouping Reagents Sales in Volume by Region (2018-2023)
3.2.2 Global Blood Grouping Reagents Sales in Value by Region (2018-2023)
3.2.3 Global Blood Grouping Reagents Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Blood Grouping Reagents Forecasted Market Size by Region
3.3.1 Global Blood Grouping Reagents Sales in Volume by Region (2024-2029)
3.3.2 Global Blood Grouping Reagents Sales in Value by Region (2024-2029)
3.3.3 Global Blood Grouping Reagents Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Blood Grouping Reagents by Application
4.1 Blood Grouping Reagents Market Segment by Application
4.1.1 Hospitals
4.1.2 Blood Banks
4.1.3 Clinical Laboratories
4.1.4 Others
4.2 Global Blood Grouping Reagents Market Size by Application
4.2.1 Global Blood Grouping Reagents Market Size Overview by Application (2018-2029)
4.2.2 Global Blood Grouping Reagents Historic Market Size Review by Application (2018-2023)
4.2.3 Global Blood Grouping Reagents Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Blood Grouping Reagents Sales Breakdown by Application (2018-2023)
4.3.2 Europe Blood Grouping Reagents Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Blood Grouping Reagents Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Blood Grouping Reagents Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Blood Grouping Reagents Sales Breakdown by Application (2018-2023)
5 North America Blood Grouping Reagents by Country
5.1 North America Blood Grouping Reagents Historic Market Size by Country
5.1.1 North America Blood Grouping Reagents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Blood Grouping Reagents Sales in Volume by Country (2018-2023)
5.1.3 North America Blood Grouping Reagents Sales in Value by Country (2018-2023)
5.2 North America Blood Grouping Reagents Forecasted Market Size by Country
5.2.1 North America Blood Grouping Reagents Sales in Volume by Country (2024-2029)
5.2.2 North America Blood Grouping Reagents Sales in Value by Country (2024-2029)
6 Europe Blood Grouping Reagents by Country
6.1 Europe Blood Grouping Reagents Historic Market Size by Country
6.1.1 Europe Blood Grouping Reagents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Blood Grouping Reagents Sales in Volume by Country (2018-2023)
6.1.3 Europe Blood Grouping Reagents Sales in Value by Country (2018-2023)
6.2 Europe Blood Grouping Reagents Forecasted Market Size by Country
6.2.1 Europe Blood Grouping Reagents Sales in Volume by Country (2024-2029)
6.2.2 Europe Blood Grouping Reagents Sales in Value by Country (2024-2029)
7 Asia-Pacific Blood Grouping Reagents by Region
7.1 Asia-Pacific Blood Grouping Reagents Historic Market Size by Region
7.1.1 Asia-Pacific Blood Grouping Reagents Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Blood Grouping Reagents Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Blood Grouping Reagents Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Blood Grouping Reagents Forecasted Market Size by Region
7.2.1 Asia-Pacific Blood Grouping Reagents Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Blood Grouping Reagents Sales in Value by Region (2024-2029)
8 Latin America Blood Grouping Reagents by Country
8.1 Latin America Blood Grouping Reagents Historic Market Size by Country
8.1.1 Latin America Blood Grouping Reagents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Blood Grouping Reagents Sales in Volume by Country (2018-2023)
8.1.3 Latin America Blood Grouping Reagents Sales in Value by Country (2018-2023)
8.2 Latin America Blood Grouping Reagents Forecasted Market Size by Country
8.2.1 Latin America Blood Grouping Reagents Sales in Volume by Country (2024-2029)
8.2.2 Latin America Blood Grouping Reagents Sales in Value by Country (2024-2029)
9 Middle East and Africa Blood Grouping Reagents by Country
9.1 Middle East and Africa Blood Grouping Reagents Historic Market Size by Country
9.1.1 Middle East and Africa Blood Grouping Reagents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Blood Grouping Reagents Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Blood Grouping Reagents Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Blood Grouping Reagents Forecasted Market Size by Country
9.2.1 Middle East and Africa Blood Grouping Reagents Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Blood Grouping Reagents Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LOREN
10.1.1 LOREN Company Information
10.1.2 LOREN Introduction and Business Overview
10.1.3 LOREN Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LOREN Blood Grouping Reagents Products Offered
10.1.5 LOREN Recent Development
10.2 Aikang
10.2.1 Aikang Company Information
10.2.2 Aikang Introduction and Business Overview
10.2.3 Aikang Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aikang Blood Grouping Reagents Products Offered
10.2.5 Aikang Recent Development
10.3 Rapid Labs Ltd
10.3.1 Rapid Labs Ltd Company Information
10.3.2 Rapid Labs Ltd Introduction and Business Overview
10.3.3 Rapid Labs Ltd Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rapid Labs Ltd Blood Grouping Reagents Products Offered
10.3.5 Rapid Labs Ltd Recent Development
10.4 Diagast SAS
10.4.1 Diagast SAS Company Information
10.4.2 Diagast SAS Introduction and Business Overview
10.4.3 Diagast SAS Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Diagast SAS Blood Grouping Reagents Products Offered
10.4.5 Diagast SAS Recent Development
10.5 Omega BIO-TEK
10.5.1 Omega BIO-TEK Company Information
10.5.2 Omega BIO-TEK Introduction and Business Overview
10.5.3 Omega BIO-TEK Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Omega BIO-TEK Blood Grouping Reagents Products Offered
10.5.5 Omega BIO-TEK Recent Development
10.6 Immucor, Inc
10.6.1 Immucor, Inc Company Information
10.6.2 Immucor, Inc Introduction and Business Overview
10.6.3 Immucor, Inc Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Immucor, Inc Blood Grouping Reagents Products Offered
10.6.5 Immucor, Inc Recent Development
10.7 Quotient Ltd
10.7.1 Quotient Ltd Company Information
10.7.2 Quotient Ltd Introduction and Business Overview
10.7.3 Quotient Ltd Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Quotient Ltd Blood Grouping Reagents Products Offered
10.7.5 Quotient Ltd Recent Development
10.8 Tulip Diagnostics
10.8.1 Tulip Diagnostics Company Information
10.8.2 Tulip Diagnostics Introduction and Business Overview
10.8.3 Tulip Diagnostics Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tulip Diagnostics Blood Grouping Reagents Products Offered
10.8.5 Tulip Diagnostics Recent Development
10.9 Atlas Medical
10.9.1 Atlas Medical Company Information
10.9.2 Atlas Medical Introduction and Business Overview
10.9.3 Atlas Medical Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Atlas Medical Blood Grouping Reagents Products Offered
10.9.5 Atlas Medical Recent Development
10.10 Biotec Laboratories Ltd.
10.10.1 Biotec Laboratories Ltd. Company Information
10.10.2 Biotec Laboratories Ltd. Introduction and Business Overview
10.10.3 Biotec Laboratories Ltd. Blood Grouping Reagents Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Biotec Laboratories Ltd. Blood Grouping Reagents Products Offered
10.10.5 Biotec Laboratories Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Blood Grouping Reagents Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Blood Grouping Reagents Industrial Chain Analysis
11.4 Blood Grouping Reagents Market Dynamics
11.4.1 Blood Grouping Reagents Industry Trends
11.4.2 Blood Grouping Reagents Market Drivers
11.4.3 Blood Grouping Reagents Market Challenges
11.4.4 Blood Grouping Reagents Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Blood Grouping Reagents Distributors
12.3 Blood Grouping Reagents Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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