Germany immunohematology market is projected to grow at a 4.8% CAGR up to 2024. The presence of a large number of blood banks and trauma centers in the large numbers would fuel the regional industry growth. To ensure the safety and quality of blood and blood components, numerous efforts have been undertaken by regulatory bodies.
The global immunohematology market growth will be driven by growing technological developments in the field of medicine. This growth will be further fueled by the increasing adoption of automated blood screening systems. The escalating occurrence of hematologic diseases such as thalassemia, leukemia, and sickle-cell-disorders would increase the demand for immunohematology tests. As per an estimation by the Leukemia & Lymphoma Society, out of the 1,806,590 cancer cases diagnosed in the U.S. in 2020, leukemia, myeloma, and lymphoma accounted for nearly 9.9%.
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Gel cards technology segment is poised to grow at a 6.2% CAGR up to 2024 on account of extensive application in cross matching, antigen detection, and alloantibody identification. Gel cards do not require skilled professionals as they are quicker, safer, and less prone to technical/interpretive errors. These benefits make the technology highly preferable in laboratories.
In terms of segmentation by product, the global immunohematology market from the reagents segment registered revenue of $1.2 billion in 2017. This can be attributed to the increasing production of customized reagents for use in blood typing and antibody screening processes. For instance, Cancer Research UK and Abcam plc have recently inked a partnership for the development and marketing of new custom antibodies which will expedite cancer research efforts.
Reportedly, diagnostic laboratories end-use segment of immunohematology industry will expand at significant CAGR through 2024 owing to growing patient preference towards sophisticated diagnostic facilities. Also, an increased number of blood-related diseases will boost the demand for immunohematology products across diagnostic laboratories.
Leading companies which are part of the global immunohematology market include Bio-Rad Laboratories, Siemens Healthcare GmbH, Hologic, Ortho Clinical Diagnostics, Grifols, BD (Becton Dickinson), Immucor, MTC Invitro, Abbott, Roche Diagnostics, Antisel, Beckman Coulter, and Thermo Fisher Scientific.
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Partial Chapter of the Table of Content
Chapter 4. Immunohematology Market, By Product
4.1. Key segment trends
4.2.1. Market size, by region, 2013-2024 (USD Million)
4.3.1. Market size, by region, 2013-2024 (USD Million)
Chapter 5. Immunohematology Market, By Technology
5.1. Key segment trends
5.2.1. Market size, by region, 2013-2024 (USD Million)
5.3. Gel cards
5.3.1. Market size, by region, 2013-2024 (USD Million)
5.4.1. Market size, by region, 2013-2024 (USD Million)
5.5. Polymerase Chain Reaction
5.5.1. Market size, by region, 2013-2024 (USD Million)
5.6. Erythrocyte-magnetized technology (EMT)
5.6.1. Market size, by region, 2013-2024 (USD Million)
5.7. Erythrocyte-magnetized technology (EMT)
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