The "Blood Screening Market Analysis, 2020" research report provides a detailed analysis of the ongoing market trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.
The Blood Screening Market is projected to grow at around 8.5% CAGR during 2020-25. A strategic analysis of the market growth trajectory in the forthcoming period, while considering the Covid-19 impact on the industry, is also covered in the research study, with reliable information ascertained by research experts.
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NOTE: We deliver explicit analysis on the effects of Covid-19 on Blood Screening Market Report, with unbiased insights on the consumer behavior, driver, challenges, trends, opportunities, and other market estimates.
Market Segmentation Analysis: Collect The Sample PDF of Blood Screening Market
The research report also comprises a detailed analysis of Blood Screening Market size & volume across various segments & sub-segments cited below. This section would enable readers to identify major parameters that could affect the market growth across these segments at different geographies during 2020-25.
Market Section in to, By Solutions
-Reagents & Kits
-Elisa
-Instruments
-Software & Services
Market Section in to, By Technology
-Nucleic Acid Testing
-Enzyme-Linked Immunosorbent Assay
-Rapid Tests
-Western Blot Assays
-Next-Generation Sequencing (NGS)
Market Section in to, By End User
-Blood Banks
-Hospitals
Market Section in to, By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Key Pointers of the Research Report:
-Historical Period: 2016-19
-Base Year: 2020
-Forecast Years: 2020 to 2025
-Major performance indicators that impact the Blood Screening Market
-Recent developments by the leading market players
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This research report provides information about:
-Accurate data on the Blood Screening Market drivers, restraints, opportunities, & challenges, along with the estimated size, share, & CAGR during the forecast period.
-Emerging trends and key companies & stakeholders involved in the market.
-Various strategies adopted by the market players amidst the Covid-19 crisis to preserve their position in the highly competitive Blood Screening Market.
-Impact of various aspects on different market segments & geographies discussed in the research report detailed analysis on the market performance, both in the historical period & forecasted years
-Geographic landscape of the Blood Screening Market, along with various mergers & acquisitions between different companies.
The impact of the Covid-19 pandemic on the Blood Screening Market
The Covid-19 impact analysis cites the various changes in the industry due to the pandemic that severely affected a majority of businesses. The movement restrictions & lockdowns that led to cross-border trade limitations & demand-supply gaps pushed companies to adopt new strategies in order to uphold their position in the Blood Screening Market. Our research analysts are constantly monitoring the rapidly changing industry dynamics to offer the latest insights to readers/stakeholders and help them take strategic measures if such a situation occurs in the future.
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Leading Companies Profiled in the Market Research Report:
This section of the research report includes a competitor analysis of the key players in the Blood Screening Market, with respect to company revenues, product offerings, various R&D conducted, etc. The companies discussed in this research study are large enterprises (8.50-60% market share), medium-sized (30-8.50% share), & small firms (8.5-20% share in the industry).
The key competitors in the market include
-Grifols
-Abbott
-Roche
-Bio-Rad
-Biomerieux
-Thermo Fisher
-Diasorin
-Perkinelmer
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The increasing demand for donated blood, the rising number of blood donations, the growing prevalence of infectious diseases, and the increasing prevalence of newer pathogens are the key factors driving the growth of this market.The Blood Screening Market is projected to reach USD 3.5 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 12.8%.Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267747042The reagents & kits segment accounted for the largest share of the blood screening market, by product & service, in 2019Based on product & service, the blood screening market is segmented into reagents and kits, instruments, and software and services.
The reagents and kits segment accounted for the largest share of the blood screening market in 2019.
The large share of this segment can be attributed to the high consumption and repeated use of reagents & kits in blood screening procedures.
Also, the accessibility of a wide range of reagents and the need for reliable, specific, and fast detection of TTIs are driving the growth of the blood screening reagents & kits market.Blood banks segment to register the highest growth rate during the forecast periodBased on end users, the blood screening market is segmented into blood banks and hospitals.
The blood bank segment accounted for the larger market share in 2019 and is projected to witness a higher growth rate during the forecast period.
This can be attributed to the increasing demand for donated blood, a growing number of organ transplantation surgeries, rising awareness regarding the safety of blood, an increasing number of donations worldwide, and growth in government funding to charitable trusts.North America is the largest regional market for blood screeningBased on region, the blood screening market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
