Sarasota, FL -- (SBWIRE) -- 04/18/2019 -- Global Immunohematology Market: Overview
Immunohematology deals with the study of the genetics of blood groups, blood cell antigens, antibodies, specific blood proteins that are vital in blood banking. Other common terms used for immunohematology are "blood biology" and "blood banking". Immunohematology comes under the category of laboratory medicine mainly focusing on preparing the blood components and in the selection of appropriate and compatible blood components for transfusion. It is very important to check the compatibility and the quality of the blood with the acceptor in order to eliminate chances of infections such as thalassemia and HIV.
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Global Immunohematology Market: Growth Factors
In the recent years, the demand for the plasma- and blood-derived products such as immunoglobulin, platelets has increased and there has also been a significant rise in the number of diseases owing to which the demand for immunohematology testing instruments and reagents has increased. A growing number of patients having chronic diseases will increase the number of surgical procedures in the future thus increasing the demand for blood transfusions. This increased demand will, in turn, propel the demand for the immunohematology tests in order to monitor the quality and safety of the blood during transfusions. Another factor contributing to market growth is the increasing investments by the private and public institutions in the development of the blood banks. The rise in the number of blood banks will lead to a rise in the sales of immunohematology instruments thus positively contributing to the market growth. High capital required for maintenance of the devices and lack of awareness in developing and under-developed regions may limit the market growth.
Global Immunohematology Market: Segmentation
The immunohematology market can be fragmented on the basis of its product and end-use. On the basis of product, the global immunohematology market is bifurcated into immunohematology reagent and immunohematology analyzer. Based on end-use, the market is divided into blood banks, hospitals, and diagnostics laboratories.
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Global Immunohematology Market: Regional Analysis
North America anticipates holding the dominant position in the immunohematology market. Key factors supporting the market growth are the growing blood bank facilities and the rapid increase in the number of trauma centers, which have gradually increased the demand for immunohematology products. Developments in technology and its acceptance are contributing to market growth. Furthermore, the U.S. FDA is approving many technology-based products thus encouraging the market players to launch many more products in the market. Owing to all these factors, the immunohematology market is expected to grow at a rapid rate in North America. Europe immunohematology market is also expected to gain good growth in the coming years owing to the presence of established market players in the region. In addition, the market players are looking out for untapped opportunities in the Asia Pacific region. Thus, in the coming years, the market is expected to register good growth, especially in the emerging economies of Asia Pacific.
Global Immunohematology Market: Competitive Players
Some of the major players involved in the immunohematology market include Immucor, Grifols, Hologic, Inc., ThermoFisher, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Ortho Clinical Diagnostics, BD (Becton Dickinson), Siemens Healthcare GmbH, and Abbott.
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Global Immunohematology Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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