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Global Blood Screening Market to reach USD XX Million by the end of 2030

Global Blood Screening Market Size study & Forecast, by Product Type (Instruments, Reagents & Kits) by Technology (Molecular Tests, Serology Tests), by End User (Independent Clinical Laboratories, Hospital-based Laboratories, Others) and Regional Analysis, 2023-2030

Product Code: HLSMD-25298209
Publish Date: 15-11-2023
Page: 200

Global Blood Screening Market is valued approximately at USD XX Million in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Blood screening, also known as blood tests or blood work, is a medical procedure that involves analyzing a sample of a person’s blood to assess various aspects of their health. It is a valuable tool in healthcare for diagnosing, monitoring, and managing a wide range of medical conditions. The key factors driving the market growth increasing blood donation, rising prevalence of blood-borne diseases, growing healthcare infrastructure, and increasing aging population are anticipated to support market growth.

Moreover, growing blood donation is anticipated to support the growth of the Blood Screening Market. The growing blood donations is increasing the demand for blood samples to screen for various diseases and infections. Thus, the growing blood donation is drive the demand for blood screening tests. According to Statista, in 2018, the number of blood donors in Japan was 4.71 million, and the number increased significantly and reached 5.09 million in 2021. As a result, the growing blood donation is anticipated to create the lucrative demand for the market during forecast period 2023-2030. Additionally, the cohesive government initiatives are anticipated to create lucrative opportunity for the market growth during forecast period 2023-2030. However, the development of alternative technologies stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Blood Screening Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the enhanced screening accuracy, prevalence of key market players, and rising prevalence of blood-borne diseases. Whereas, Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the growing healthcare infrastructure, public health initiatives, growing prevalence of blood-borne diseases, and increasing blood donation.

Major market player included in this report are:
Bio-Rad Laboratories, Inc.
Grifols, S.A.
F. Hoffmann-La Roche
Ortho Clinical Diagnostics
Becton, Dickinson and Company (BD)
DiaSorin S.p.A.
Thermo Fisher Scientific Inc.
Beckman Coulter, Ince
Recent Developments in the Market:
Ø March 2023, H.U. Group Holdings Inc. and its wholly-owned subsidiary Fujirebio today announced the availability of the Lumipulse G NfL CSF and Lumipulse G NfL Blood assays for the fully automated random-access LUMIPULSE G immunoassay systems. These CLEIA (chemiluminescent enzyme immunoassay) assays allow for the quantitative measurement of Neurofilament light (NfL) in human Cerebrospinal fluid (CSF) and plasma/serum, respectively, within just 35 minutes.
Global Blood Screening Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Technology, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Reagents & Kits

By Technology:
Molecular Tests
Serology Tests

By End User:
Independent Clinical Laboratories
Hospital-based Laboratories

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Blood Screening Market, by region, 2020-2030 (USD Million)
1.2.2. Blood Screening Market, by Product Type, 2020-2030 (USD Million)
1.2.3. Blood Screening Market, by Technology, 2020-2030 (USD Million)
1.2.4. Blood Screening Market, by End User, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Blood Screening Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Blood Screening Market Dynamics
3.1. Blood Screening Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing blood donation Rising prevalence of blood-borne diseases Growing healthcare infrastructure
3.1.2. Market Challenges The development of alternative technologies
3.1.3. Market Opportunities Cohesive government initiatives Growing Technological Advancement
Chapter 4. Global Blood Screening Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Blood Screening Market, by Product Type
5.1. Market Snapshot
5.2. Global Blood Screening Market by Product Type, Performance – Potential Analysis
5.3. Global Blood Screening Market Estimates & Forecasts by Product Type 2020-2030 (USD Million)
5.4. Blood Screening Market, Sub Segment Analysis
5.4.1. Instruments
5.4.2. Reagents & Kits
Chapter 6. Global Blood Screening Market, by Technology
6.1. Market Snapshot
6.2. Global Blood Screening Market by Technology, Performance – Potential Analysis
6.3. Global Blood Screening Market Estimates & Forecasts by Technology 2020-2030 (USD Million)
6.4. Blood Screening Market, Sub Segment Analysis
6.4.1. Molecular Tests
6.4.2. Serology Tests
Chapter 7. Global Blood Screening Market, by End User
7.1. Market Snapshot
7.2. Global Blood Screening Market by End User, Performance – Potential Analysis
7.3. Global Blood Screening Market Estimates & Forecasts by End User 2020-2030 (USD Million)
7.4. Blood Screening Market, Sub Segment Analysis
7.4.1. Independent Clinical Laboratories
7.4.2. Hospital-based Laboratories
7.4.3. Others
Chapter 8. Global Blood Screening Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Blood Screening Market, Regional Market Snapshot
8.4. North America Blood Screening Market
8.4.1. U.S. Blood Screening Market Product Type breakdown estimates & forecasts, 2020-2030 Technology breakdown estimates & forecasts, 2020-2030 End User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Blood Screening Market
8.5. Europe Blood Screening Market Snapshot
8.5.1. U.K. Blood Screening Market
8.5.2. Germany Blood Screening Market
8.5.3. France Blood Screening Market
8.5.4. Spain Blood Screening Market
8.5.5. Italy Blood Screening Market
8.5.6. Rest of Europe Blood Screening Market
8.6. Asia-Pacific Blood Screening Market Snapshot
8.6.1. China Blood Screening Market
8.6.2. India Blood Screening Market
8.6.3. Japan Blood Screening Market
8.6.4. Australia Blood Screening Market
8.6.5. South Korea Blood Screening Market
8.6.6. Rest of Asia Pacific Blood Screening Market
8.7. Latin America Blood Screening Market Snapshot
8.7.1. Brazil Blood Screening Market
8.7.2. Mexico Blood Screening Market
8.8. Middle East & Africa Blood Screening Market
8.8.1. Saudi Arabia Blood Screening Market
8.8.2. South Africa Blood Screening Market
8.8.3. Rest of Middle East & Africa Blood Screening Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Bio-Rad Laboratories, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Grifols, S.A.
9.3.3. F. Hoffmann-La Roche AG
9.3.4. Ortho Clinical Diagnostics
9.3.5. Becton, Dickinson and Company (BD)
9.3.6. DiaSorin S.p.A.
9.3.7. Thermo Fisher Scientific Inc.
9.3.8. Abbott
9.3.9. QUOTIENT Limited
9.3.10. Beckman Coulter, Inc
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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