Blood Testing Market Scope
Blood tests are very common, blood tests are recommended to see how the body is working. During a blood test, a small sample of blood is taken from the body. It is generally drawn from a vein in arm using a needle or by using a finger prick. The procedure is fast and easy, though it may cause some short-term discomfort. The workers of laboratory draw the blood and analyze it. They use either whole blood to count blood cells or separate the blood cells from the fluid that contains them. This fluid is known as plasma or serum.
The market study is being classified by Type (Instruments, Reagents and Testing Kits and Others), by Application (Laboratory, Hospitals, Point of Care (POC) Testing, Blood Banks and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Blood Testing market throughout the predicted period.
Abbott Laboratories (United States), Bio-Rad Laboratories Inc. (United States), Roche Holding AG (Switzerland), Quest Diagnostics (United States), Siemens Healthcare (Germany), Danaher (United States), Becton Dickinson & Company (United States), Trinity Biotech PLC (Ireland), Baxter International (United States), Novartis Diagnostics (Switzerland) and Cepheid Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Meridian Bioscience (United States) and BioMerieux S.A. (France).
AdvanceMarketAnalytics has segmented the market of Global Blood Testing market by Type, Application and Region.
On the basis of geography, the market of Blood Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Test Types, the sub-segment i.e. Complete Blood Count (CBC) [Platelets, Hemoglobin, Hematocrit, Others] will boost the Blood Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Methods, the sub-segment i.e. Manual will boost the Blood Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On May 14, 2019 Abbott has announced that it has partnered with the National Institutes of Health (NIH) on the BRAIN (Brain Research through Advancing Innovative Neurotechnologies) initiative to accelerate advancements in neuroscience research. Abbott will provide the company's neuromodulation technologies. and On February 25, 2019 Roche and Spark Therapeutics, Inc. has announced that they have entered into a definitive merger agreement for Roche to fully acquire Spark Therapeutics, a leader in discovering, developing and delivering gene therapies with one commercial asset and four programmes currently in clinical trials.
On March 26, 2019 Becton, Dickinson and Company, a leading global medical technology company has announced the CE-IVD certification for the BD FACSDuet automated flow cytometry system, which enables clinical laboratories to improve their efficiency by reducing errors and limiting the manual user interactions required to run assays on the BD FACSLyric clinical flow cytometer.
- Increasing Preference for Minimally Invasive Diagnostic Procedures
- Surge in Blood Donations and Organ Offerings
- Growing Occurrence of Type I As Well As Type II Diabetes
- Rise in Prevalence of Infectious Diseases
- Rise in Awareness about the Safety of Donated Blood
- Increase in Awareness among Patients about Self-Testing Products
- Constant Introduction of Movable Home Healthcare Blood Testing Kits
- Increasing Cost of Blood Testing
- The Process Can Be Uncomfortable
- Testing Is Not Always Definitive
Key Target AudienceManufacturers of Blood Testing Kits, Suppliers of Blood Testing Kits, Wholesalers, Distributors and Retailers of Blood Testing Kits, Healthcare Industry, Research Organizations and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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