Blood Transfusion Diagnostics Market Size, Industry Analysis Report By Products Type (Instruments, Reagents And Kits), By Applications (Blood Group Typing, Blood Screening), By End-User (Hospital Based Laboratories, Blood Banks)

  • 22/12/2022
  • Healthcare & Life Sciences
The Blood Transfusion Diagnostics Market: Overview
The Blood Transfusion Diagnostics Market is valued at around USD 4.73 billion in 2022 and is expected to reach USD 8.7 billion by 2030, registering a CAGR of 7% over the forecast period. Transfusion of blood is the process of giving blood—either as a whole or as a component of blood—by intravenous means to another person. Red blood cells, white blood cells, platelets, plasma, and clotting factors are all parts of blood. Before being given from one person to another, blood must be examined because it could transmit an infection or blood-borne diseases like post-transfusion purpura, anaphylaxis, delayed hemolytic reactions, and febrile non-hemolytic reactions.

The Blood Transfusion Diagnostics Market - Growth Factor
The market for blood products and total blood transfusions has grown as blood-related diseases like haemophilia, cancer, thrombocytopenia, and others are becoming more common, as is chronic kidney disease (CKD). Additionally, it is anticipated that the demand for blood transfusion diagnostics will grow significantly due to the rising number of anaemic patients who require red blood cell transfusion for diagnosis. The demand for blood screening tests and other diagnostic tools is rising as a result of increased awareness about blood safety from viral infections thanks to numerous programmes in both industrialised and developing nations.

The Blood Transfusion Diagnostics Market – Market Trends
• Dialysis is a kidney failure treatment that purifies the blood to get rid of extra fluid, toxins, and waste.
• The body may have trouble cleansing the blood and maintaining the chemical balance of the body when the kidneys fail.
• This is anticipated to increase demand for these blood transfusion diagnostics during the anticipated time frame.
• The primary cause of death worldwide, according to the World Health Organization, is chronic cardiovascular disease. In addition, cardiovascular disease claimed the lives of about 18 million people.

The Blood Transfusion Diagnostics Market – Segmentation
The Blood Transfusion Diagnostics Market fragrance concentrates market has been sub-classified into product type, application, end-user.

On the basis of products, the Blood Transfusion Diagnostics Market is bifurcated into:
• Instruments
• Reagents and kits
• Others

On the basis of applications, the market is segmented into:
• Blood group typing
• Blood screening
• Others

On the basis of end-user, the market segmented into:
• Hospital based laboratories
• Blood banks
• Others

The Blood Transfusion Diagnostics Market –Regional Analysis
North America dominated the global Blood Transfusion Diagnostics Market, is expected to continue to lead the world in blood transfusion diagnostics. Important growth factors include a high percentage of voluntary blood donors and the incorporation of blood transfusion policies for safety and communicable disease testing. Major players in the European blood transfusion diagnostics market include Germany and the UK. The development of the medical industry in these countries is responsible for the rise in surgical procedures and transplantation techniques.

The Blood Transfusion Diagnostics Market – Key Market players
Global key players of Blood Transfusion Diagnostics Market include Grifols S.A., Bio-Rad Laboratories, Inc., Immucor, Inc., CSL Ltd., Abbott Laboratories, F. Hoffmann-La Roche Ltd, QUOTIENT, Merck KGaA, and DiaSorin S.p.A., and others.

Report scope
Global Blood Transfusion Diagnostics Market: Historical Years- 2018-2021
Global Blood Transfusion Diagnostics Marketp: Forecast Years- 2022-2030
Global Blood Transfusion Diagnostics Market 2022- USD 4.73 billion
Global Blood Transfusion Diagnostics Market 2030- USD 8.7 billion
Global Blood Transfusion Diagnostics Market CAGR- 7%

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process

We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).


The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.

Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


Select a license type that suits your business needs

Single User Access

US $4750

Only Four Thousand Seven Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $5750

Only Five Thousand Seven Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $7750

Only Seven Thousand Seven Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI