"Designing Growth Strategies is in our DNA"

U.S. Blood Group Typing Market Size, Share & COVID-19 Impact Analysis, By Product (Instruments and Reagents & Kits), By Test Type (ABO Tests, Antigen Typing, Antibody Screening, Cross-matching Tests, and HLA Typing), By Technique (Serology Tests and Molecular Tests), By End-user (Hospital-based Laboratories and Independent Laboratories & Blood Banks), and Country Forecast, 2023-2030

Last Updated: November 25, 2024 | Format: PDF | Report ID: FBI108806

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The U.S. blood group typing market size was worth USD 611.0 million in 2022 and is projected to grow at a CAGR of 7.3% during the forecast period.


In recent years, the U.S. is witnessing an increasing number of organ transplant procedures being performed in the country. According to the data published by the United Network for Organ Sharing, in 2022, more than 42,800 organ transplants were performed in the U.S. This number has significantly increased over the years. However, a large number of individuals are on the national transplant waiting list. As blood group typing is the first important test in determining the compatibility of donor and recipient’s blood, it plays an important role in organ transplant procedures. Thus, the high demand for organ transplantation is majorly driving market growth.


Furthermore, the demand for blood group typing products is also increasing in blood banks as these entities play an important role in blood storage. To avoid transfusion reactions, the blood is required to be screened thoroughly. The growing trend of blood donation and increasing awareness among the population is anticipated to drive market growth.


The recent COVID-19 pandemic negatively impacted the market growth majorly due to decreased blood donations and transfusions across the country. Several market players also witnessed a decline in their revenues as a result of the pandemic.


LATEST TRENDS


Increasing Demand for Automated Blood Group Typing Technologies to Boost Market Growth


In recent years, with the growing demand for advanced products, market players have been focusing on the development of innovative products based on automated blood group typing technologies, such as Polymerase Chain Reaction (PCR)-based and microarray techniques. These technologies offer enhanced test speed, standardization, and safety of transfusion diagnostics.


Additionally, several benefits offered by automated blood typing, such as reduced cost, time, & errors and improved efficiency, are driving the demand for these tests among end-user. These factors have boosted the demand for automated blood group typing technologies, which is driving the market growth of the U.S. market.


DRIVING FACTORS


Increased Blood Donations in the U.S. Set to Drive Market Expansion


In the U.S., a notable increase in the number of blood donations has been witnessed in recent years. This has accelerated the demand for cross-matching and blood group recognition processes. Additionally, increasing cases of road accidents and trauma-inducing incidents also resulted in increased use of blood group typing procedures.  The confluence of these factors is anticipated to drive the U.S. blood group typing market growth in the coming years.  


Furthermore, the increasing need for blood and blood components for many surgical as well as medical applications has boosted voluntary blood donations in the U.S. To cater for this demand, the government is also undertaking various initiatives to increase awareness among the general population.


Request a Free sample to learn more about this report.


According to the American National Red Cross, in the U.S., around 6,500 units of plasma and 5,000 units of platelets are required daily.


RESTRAINING FACTORS


Blood Supply Challenges to Impede Growth Prospects


In January 2022, the first-ever national blood crisis was declared by the American Red Cross. The country is facing a severe shortage of blood to fulfill the growing demand for surgeries and other medical applications. Due to the pandemic, many medical procedures and treatments were postponed by the patients, which resulted in more advanced stages of diseases being treated now.


Additionally, aspects, such as drug overdose, increase in gun violence, and road accidents also demand blood in high volumes. However, the limited availability of blood in the country hampers the use of blood group typing products, in turn, restraining the growth of the market. 


SEGMENTATION


By Product Analysis


Based on the product, the market is divided into instruments and reagents & kits.


In 2022, the reagents & kits segment captured the highest market share of the U.S. market. The increasing number of blood transfusions & blood donations is increasing the demand for reagents & kits in the country. This, along with the repetitive purchases and comparatively less prices of reagents & kits, is fueling segment growth.


The instruments segment is anticipated to witness a notable growth over the forecast period. The growing demand for technologically advanced products led to the launch of instruments, in turn, driving the segment's growth.


By Test Type Analysis


On the basis of test type, the market is divided into antigen typing, ABO tests, cross-matching tests, antibody screening, and HLA typing.


The antibody screening segment accounted for the largest U.S. blood group typing market share in 2022. The increasing patient population suffering chronic diseases, increased demand for blood transfusions, and high volume of prenatal testing are some of the factors contributing to the segment growth. Key industry players focusing on new product launches and approvals for these procedures, is fueling segment growth.


The ABO test segment accounted for the second-largest share in 2022. This can be attributed to the high usage of this test in transplant procedures, which would propel the segment growth. ABO test is usually conducted to provide a comprehensive blood typing profile in turn enhancing compatibility assessment.


By Technique Analysis


Based on technique, the market is bifurcated into serology tests and molecular tests.


The serology tests segment seized the dominating position in the market in 2022. This method is traditional and commonly preferred for blood group typing tests in laboratories. Additionally, benefits offered by these tests, such as being easy to perform and readily available, boost the adoption of these tests among the end-users.


The molecular tests segment is anticipated to witness substantial growth over the projected period. The rising demand for these tests for typing a wide spectrum of minor blood group antigens is responsible for the growth of this segment.


By End-user Analysis


In terms of end-user, the market is segmented into hospital-based laboratories and independent laboratories & blood banks.


In 2022, the independent laboratories & blood banks segment dominated the market in the U.S. A key factor supporting the segment’s growth include the high number of blood group typing procedures being performed in these facilities. In addition, expanding the network of various independent laboratories is also driving segment growth.


The hospital-based laboratories segment is estimated to grow sizably over the forecast period. The growing number of organ transplantation procedures in hospitals across the country is expected to boost segment growth.


KEY INDUSTRY PLAYERS


The competitive marketplace for the U.S. blood group typing market shows a moderately fragmented structure. Leading entities, such as QuidelOrtho Corporation, Grifols S.A., and Bio-Rad Laboratories, dominate the U.S. market with a significant share. A strong distribution network across the country, coupled with a focus on constant new product approval and launches, has resulted in the dominating position of these companies.



  • For instance, in September 2021, QuidelOrtho Corporation introduced New ISXM capabilities on its ORTHO VISION MAX and ORTHO VISION analyzers.


Some other major players that are operating in the U.S. market include CareDx Inc., Agena Bioscience, Inc., Quotient Limited, Thermo Fisher Scientific Inc., and others. These companies are focusing on various strategies to expand their market presence.


LIST OF KEY COMPANIES PROFILED:



KEY INDUSTRY DEVELOPMENTS:



  • July 2022: Quotient Limited and InfYnity Biomarkers signed an agreement for the expansion of MosaiQ's infectious disease portfolio, including blood screening tests.

  • March 2021: Grifols S.A. installed a DG Reader Net semi-automated analyzer at ThedaCare Medical Center-Wild Rose in Wisconsin, U.S. This product is used for pre-transfusion blood type compatibility testing.

  • October 2020: Lorne Laboratories, a company producing blood grouping reagents and diagnostic test kits for medical use, was acquired by Calibre Scientific.


REPORT COVERAGE


An Infographic Representation of U.S. Blood Group Typing Market

To get information on various segments, share your queries with us



The market research report provides a detailed analysis of the market. It focuses on key market segments such as product, gender, and procedure. Additionally, it includes detailed insights on market dynamics, technological advancements in blood group typing, new product launches, key industry developments such as mergers, partnerships, & acquisitions, and the impact of COVID-19 on the market. The report also provides the competitive landscape of the key companies at the U.S. level.


Report Scope & Segmentation



















































ATTRIBUTE



DETAILS



Study Period



2019-2030



Base Year



2022



Estimated Year



2023



Forecast Period



2023-2030



Historical Period



2019-2021



Growth Rate



CAGR of 7.3% from 2023 to 2030



Unit



Value (USD Million)



Segmentation



By Product



  • Instruments

  • Reagents & Kits



By Test Type



  • ABO Tests

  • Antigen Typing

  • Antibody Screening

  • Cross-matching Tests

  • HLA Typing



By Technique



  • Serology Tests

  • Molecular Tests



By End-user



  • Hospital-based Laboratories

  • Independent Laboratories & Blood Banks






Frequently Asked Questions

Fortune Business Insights says that the U.S. market was worth USD 611.0 million in 2022.

The market is expected to exhibit a CAGR of 7.3% during the forecast period (2023-2030).

By product, the reagents & kits segment accounted for a highest share of the market.

Bio-Rad Laboratories Inc., QuidelOrtho Corporation, Illumina Inc., and CareDx Inc., are the top players in the market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • 2019-2030
  • 2022
  • 2019-2021
  • 80
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X