Research Nester published a report titled “Blood Transfusion Diagnostics Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the blood transfusion diagnostics in terms of market segmentation by product type, application, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global blood transfusion diagnostics market is to grow at a CAGR of approximately 4% over the forecast period i.e., 2023-2033. Moreover, on the basis of application, market is segmented into blood group typing and blood screening. The blood screening segment is to garner the highest revenue by the end of 2033. The segment growth is attributed to growing STD prevalence and rising blood donations.

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The global blood transfusion diagnostics market is to grow on the account of increased people required of dialysis, shortage of blood donation during pandemic, higher chronic disease and COVID-19 prevalence and higher cases of injuries in road accidents.

On the basis of region, market is segmented into, North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of all, the market in North America is to garner maximum revenue by the end of 2033. The region’s growth is expected on the account of rising instances of vehicle crash and higher demand of blood donation

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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Rise in Cases of Injuries Caused by Road Accidents is to Elevate the Market Growth

With the rising vehicles on the roads is prompting the vehicle crashes. Many people get injured and even die on spot. Mostly severe accidents’ victims are in need of blood transfusion during their treatment. According to the World Health Organization, nearly 1.3 people die in road accidents.

However, shortage of adequate infrastructure, lack of expert technicians and higher cost of instrument are the few factors which are expected to operate as key restraint to the growth of global blood transfusion diagnostics marketover the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global blood transfusion diagnostics marketwhich includes company profiling of Immucor, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Quotient Limited, Beckman Coulter, Inc., DiaSorin S.p.A., BD (Becton, Dickinson and Company), Ortho Clinical Diagnostics, Grifols, S.A., Thermo Fisher Scientific Inc., andothers. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood transfusion diagnostics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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