Global Blood Transfusion Diagnostics Market to Reach $5.5 Billion by 2030
The global market for Blood Transfusion Diagnostics estimated at US$4 Billion in the year 2023, is expected to reach US$5.5 Billion by 2030, growing at a CAGR of 4.7% over the period 2023-2030. Blood Transfusion Diagnostic Instruments, one of the segments analyzed in the report, is expected to record 4.3% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in the Blood Transfusion Diagnostic Kits & Reagents segment is estimated at 4.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.1% CAGR
The Blood Transfusion Diagnostics market in the U.S. is estimated at US$1.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.
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