Global Immunohematology Market 2016-2020
Blood loss or anemia can lead to chronic health problems; therefore, clinicians performs blood transfusion that can help to get relief from chronic health problems. To transfuse, blood clinicians or hospitals take blood units present in their own integrated blood banks or from other centers. Immunohematology, also commonly known as blood banking, helps to screen the donor blood components for blood antigens, Rh factor, plasma, and white blood cell components. It helps to reduce blood transfusion-related diseases such as HIV and thalassemia. According to the guidelines by World Health Organization (WHO), donated blood is screened before it is transfused to protect the people from such fatalities in most of the countries.
Technavio’s analysts forecast the global immunohematology market to grow at a CAGR of 4.79% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global immunohematology market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various immunohematology analyzers, systems, and reagents, which are used for transfusion medicine in blood banks and hospitals to screen the blood for molecular typing and serological test.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Immunohematology Market 2016-2020
Technavio recognizes the following companies as the key players in the global immunohematology market: Bio-Rad Laboratories, Grifols, Immucor, and Ortho Clinical Diagnostics.
Other Prominent Vendors in the market are: Agena Bioscience, BD, Beckman Coulter, biosurfit SA, Cardinal Health, DIAGAST, Hemo bioscience, Institut de Biotechnologies Jacques Boy, Lorne Laboratories, MTC INVITRO, Reagens, Seqirus, Tulip, and Quotient.
Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be increasing public and private funding to establish blood banks. Public-private partnerships help the blood banks for upfront capital investments. Blood banks require more capital investment to purchase advanced blood screening analyzers, reagents, handling of those products, and storage. Public-private fund programs also benefit the governments as it helps to provide patient care by reducing the economic burden on them.”
According to the report, one of the key drivers for market growth will be the growing demand for blood banks and its potential to increase sales. The demand for blood banks is growing rapidly throughout the world. These blood banks collect blood from donors by using bloodmobile (vans that travel in various places to collect blood) or the donors visit the centers for blood donation. After collection of the blood, it is transfused to several screening tests such as screening for infectious disease and blood typing, and serological tests for blood plasma. The blood components such as RBC and plasma are provided to various hospitals for transfusion.
Further, the report states that people are reluctant to donate blood as many of them are unaware of the benefit of blood donation. In few countries such as in China, blood donation is an ethical challenge, which has decreased the number of blood donators. A study conducted in June 2014 showed that in 2012 the demand for blood units in India was around 12 million; however, only nine million of blood units were collected in that year. There is huge a requirement of blood units in this country. In 2012, there were 228 million major trauma-related (60 million) and cancer-related (32 million) surgeries that were performed with the use of blood transfusions.
Bio-Rad Laboratories, Grifols, Immucor, Ortho Clinical Diagnostics, Agena Bioscience, BD, Beckman Coulter, biosurfit SA, Cardinal Health, DIAGAST, Hemo bioscience, Institut de Biotechnologies Jacques Boy, Lorne Laboratories, MTC INVITRO, Reagens, Seqirus, Tulip, and Quotient.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook