Blood Bank Analyzer Market

Blood Bank Analyzer Market Study by Semi-Automatic and Fully Automatic Analyzers for Blood Typing and Antibody Screening From 2024 to 2034

Analysis of Blood Bank Analyzer Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Blood Bank Analyzer Market Outlook (2024 to 2034)

The global blood bank analyzer market is analyzed at US$ 15.71 billion in 2024. The market has been projected to expand at a CAGR of 4.7% and reach a size of US$ 24.96 billion by 2034-end.

The requirement for blood bank analyzers is increasing all over the world because of the increasing number of surgical procedures, trauma cases, cancer treatments, and chronic illnesses which further result in a growing need for blood transfusions. To provide safe and effective blood compatibility testing before transfusions, these analyzers are essential. Hospital and blood bank operations are becoming more efficient because of innovations, such as automation, AI integration, and better diagnosis accuracy in blood bank analyzers.

The developments are positively affecting the market expansion as they are helping to reduce human errors, speed up processing, improve blood screening's overall dependability, and others. Governments from several countries are making investments to upgrade the facilities of blood banks, enact strict safety guidelines, and encourage blood donation campaigns. To guarantee the safe and effective management of blood donations and transfusions, the need for blood bank analyzers is continuously increasing.

North America is projected to hold 35.4% of the worldwide market share in 2024 because of the growing need for blood transfusions, and high uptake of advanced medical technology. The market in the region is growing due to the presence of top manufacturers and strict rules regarding blood safety. The need for effective blood analyzers is also driven by government programs encouraging blood donation and well-run blood banking systems.

Based on drug type, semi-automatic analyzers are forecasted to generate 49.5% of the overall revenue in 2024. Semi-automatic analyzers are gaining popularity because of their affordability and operating flexibility. These analyzers are perfect for medium-sized blood banks and laboratories that don't need completely automated systems but want to handle blood samples efficiently as they offer a compromise between automation and manual management.

Report Attributes Details
Blood Bank Analyzer Market Size (2024E) US$ 15.71 Billion
Forecasted Market Value (2034F) US$ 24.96 Billion
Global Market Growth Rate (2024 to 2034) 4.7% CAGR
North America Market Share (2024E) 35.4%
Western Europe Market Value (2024E) US$ 3.52 Billion
South Asia & Pacific Market Growth Rate (2024 to 2034) 5.7% CAGR
Semi-Automatic Analyzers Segment Value (2034F) US$ 12.6 Billion
Blood Banks Segment Value (2034F) US$ 11.82 Billion
Key Companies Profiled ThermoFisher; Ortho Clinical Diagnostics; Hologic; Siemens Healthcare GmbH; Abbott; BioMerieux; BD (Becton Dickinson); Bio-Rad Laboratories, Inc.; Fujirebio; Immucor; Roche Diagnostics; Grifols; Beckman Coulter; Haemonetics Corporation; Transfusion Solutions; Mediware Information Systems

Blood bank analyzers assist in the screening of blood cells, plasma, Rh factor, and blood antigens in blood samples. The use of analyzers helps in the reduction of transfusion-related fatalities, such as HIV and thalassemia. Blood bank analyzers are instruments, specially designed to optimize laboratory efficiencies for blood grouping, screening of antibodies, and cross-matching procedures.

Advanced blood bank laboratory techniques are readily facing challenges, such as incompatibilities in the test and transfusion of the exact blood group to the recipient, etc. The blood bank analyzers help to further reduce the chances of technical errors. Blood bank analyzers have decreased the manual interference of humans for serological testing, hence it improved blood laboratory efficiency. A high output of the blood bank analyzers with less turnaround time improved the quality of services in laboratory care settings.

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Blood Bank Analyzers Market: Drivers and Restraints

Rising awareness in developing and developed countries about blood transfusion-related complications and disorders is expected to drive the global blood bank analyzers market shortly. With the growing influence of the immunohematology market, the blood bank analyzers market is expected to show positive growth by accepting new technologies in the future.

Furthermore, blood bank analyzers market players are also focusing on enhancing the safety and increasing the shelf of stored blood supply by introducing fully automated immunohematology devices. This is anticipated to grow the blood bank analyzers market in the future. A growing number of well-equipped diagnostics laboratories is projected to boost the blood bank analyzers market in the future. However, the cost of the blood bank analyzers and fewer reimbursement policies restrain the growth of the blood bank analyzers market in the future.

Blood Bank Analyzers: Overview

Increasing the standard diagnostic practices over the forecast period, fully automatic analyzers are projected to give a good market share price, for the blood bank analyzers market. However semi-automatic analyzers standing in second place in the blood bank analyzers market, due to the manual operation process. By application type, the antibody screening market is anticipated to give good revenue for the blood bank analyzers market, as the rapid spread of infectious diseases and accurate examination of the plasma sample for disease-related antibody detection.

Among the end-user segment blood banks and hospitals, show growth for the blood bank analyzers market, due to the frequent visits of the patients to the hospitals in case of a disease like HIV & Thalassemia treatment. Diagnostic and reference laboratories are commonly used by the patient for checking the blood samples in case of chronic diseases, such as diabetes, blood pressure, etc. This segment shows slower growth as compared to the hospitals and blood banks.

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Blood Bank Analyzers Market: Regional Outlook

North America, is the most lucrative market for blood bank analyzers, due to the high number of trauma centers, and blood bank faculties with good infrastructure. Europe region is expected to show increasing demand for blood bank analyzers, due to the increasing awareness of people about blood-related complications and increasing demand for novel diagnostic instruments in hospitals and diagnostic laboratories.

Asia-Pacific is the fastest growing region for the blood bank analyzers market owing to a ringing investment by local medical device companies for research and development in countries, including India, China, and Japan. Latin America and the Middle East Africa region are the least lucrative for the blood bank analyzers market due to a lack of awareness and unaffordability among the population about the serious blood-related complications.

Blood Bank Analyzers Market: Key Players

Some of the key players operating in the blood bank analyzers market are ThermoFisher, Ortho Clinical Diagnostics, Hologic, Siemens Healthcare GmbH, Abbott, BioMerieux, BD (Becton Dickinson), Bio-Rad Laboratories, Inc., Fujirebio, Immucor, and others.

The report on blood bank analyzers is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report on blood bank analyzers provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report on blood bank analyzers also maps the qualitative impact of various market factors on market segments and geographies.

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Competitive landscape highlights only certain players
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The report on Blood Bank Analyzers covers an exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Report on Blood Bank Analyzers includes the regional analysis for

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil, Argentina, and rest of the Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, and rest of the Western Europe)
  • South Asia (India, Malaysia, Thailand, Indonesia, and rest of the South Asia)
  • East Asia (China, Japan, South Korea, rest of East Asia)
  • Middle East and Africa (GCC Countries, South Africa, North Africa, Turkey, rest of North Africa)
  • Oceania (Australia and New Zealand)

Report on Blood Bank Analyzers highlights

Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint.

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Segmentation of Blood Bank Analyzer Market Research

  • By Drug Type :

    • Semi-Automatic Analyzers
    • Fully Automatic Analyzers
  • By Application :

    • Blood Typing
    • Antibody Screening
  • By End User :

    • Blood Banks
    • Hospitals
    • Diagnostic & Reference Laboratories
  • By Region :

    • North America
    • Western Europe
    • Eastern Europe
    • Latin America
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis and Forecast

    6.1. Drug Type

    6.2. Application

    6.3. End User

7. Global Market Analysis and Forecast, By Drug Type

    7.1. Semi-Automatic Analyzers

    7.2. Fully Automatic Analyzers

    7.3. Others

8. Global Market Analysis and Forecast, By Application

    8.1. Blood Typing

    8.2. Antibody Screening

9. Global Market Analysis and Forecast, By End User

    9.1. Blood Banks

    9.2. Hospitals

    9.3. Diagnostic & Reference Laboratories

10. Global Market Analysis and Forecast, By Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. MEA

11. North America Sales Analysis and Forecast, by Key Segments and Countries

12. Latin America Sales Analysis and Forecast, by Key Segments and Countries

13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries

14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries

15. East Asia Sales Analysis and Forecast, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries

17. MEA Sales Analysis and Forecast, by Key Segments and Countries

18. Sales Forecast by Drug Type, Application, and End User for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. ThermoFisher

    20.2. Ortho Clinical Diagnostics

    20.3. Hologic

    20.4. Siemens Healthcare GmbH

    20.5. Abbott

    20.6. BioMerieux

    20.7. BD (Becton Dickinson)

    20.8. Bio-Rad Laboratories, Inc.

    20.9. Fujirebio

    20.10. Immucor

    20.11. Others

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List Of Table

Table 1: Global Market US$ Mn Forecast by Region

Table 2: Global Market US$ Mn Forecast by Drug Type

Table 3: Global Market US$ Mn Forecast by Application

Table 4: Global Market US$ Mn Forecast by End User

Table 5: North America Market US$ Mn Forecast by Country

Table 6: North America Market US$ Mn Forecast by Drug Type

Table 7: North America Market US$ Mn Forecast by Application

Table 8: North America Market US$ Mn Forecast by End User

Table 9: Latin America Market US$ Mn Forecast by Country

Table 10: Latin America Market US$ Mn Forecast by Drug Type

Table 11: Latin America Market US$ Mn Forecast by Application

Table 12: Latin America Market US$ Mn Forecast by End User

Table 13: Western Europe Market US$ Mn Forecast by Country

Table 14: Western Europe Market US$ Mn Forecast by Drug Type

Table 15: Western Europe Market US$ Mn Forecast by Application

Table 16: Western Europe Market US$ Mn Forecast by End User

Table 17: Eastern Europe Market US$ Mn Forecast by Country

Table 18: Eastern Europe Market US$ Mn Forecast by Drug Type

Table 19: Eastern Europe Market US$ Mn Forecast by Application

Table 20: Eastern Europe Market US$ Mn Forecast by End User

Table 21: East Asia Market US$ Mn Forecast by Country

Table 22: East Asia Market US$ Mn Forecast by Drug Type

Table 23: East Asia Market US$ Mn Forecast by Application

Table 24: East Asia Market US$ Mn Forecast by End User

Table 25: South Asia & Pacific Market US$ Mn Forecast by Country

Table 26: South Asia & Pacific Market US$ Mn Forecast by Drug Type

Table 27: South Asia & Pacific Market US$ Mn Forecast by Application

Table 28: South Asia & Pacific Market US$ Mn Forecast by End User

Table 29: MEA Market US$ Mn Forecast by Country

Table 30: MEA Market US$ Mn Forecast by Drug Type

Table 31: MEA Market US$ Mn Forecast by Application

Table 32: MEA Market US$ Mn Forecast by End User

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List Of Figures

Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region

Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Drug Type

Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application

Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User

Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

Who are the prominent players in the blood bank analyzer market?

ThermoFisher, Ortho Clinical Diagnostics, Hologic, Siemens Healthcare GmbH, and Abbott are some key companies.

Which are the dominant countries in the global market for blood bank analyzers market?

North America is the most lucrative market for the blood bank analyzers market.

Blood Bank Analyzer Market

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