Global Immunohematology Market – Trends, Forecast, and Growth Prospects Now Available from Technavio

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According to the latest market research study released by Technavio, the global immunohematology market is expected to grow at a CAGR of close to 5% during the forecast period 2016-2020.

This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

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Technavio research analysts categorize the global immunohematology market based on product type:

Global immunohematology market share by end-users 2015

Hospitals

50.12%

Blood banks

28.17%

Diagnostic laboratories

21.71%

                                                                               Source: Technavio

The top three revenue contributing end-user segments are discussed below:

Global immunohematology market for hospitals

During 2015, hospitals accounted for more than 50% of the overall market shares of the global market for immunohematology. Large hospitals, such as multispecialty hospitals and hospital groups, procure medical products and consumables on bulk and engage closely with many suppliers, reimbursement authorities, and government organizations. They also have advanced medical infrastructure to cater to the needs of people. The adoption of immunohematology analyzers, instruments, and reagents in hospitals is projected to increase with the rising number of people getting admitted for surgical care.

Molecular immunohematology is gaining traction in the global market. Molecular analysis helps in the detection of the molecular and genetic basis of any antigen to aid clinicians in understanding the molecular basis of blood group antigen and blood typing. Increasing adoption of serological typing and HLA typing in the global market is fueling the adoption of molecular immunohematology,” says Bharath Palada, a lead analyst at Technavio for research on in-vitro diagnostics.

Global immunohematology market for blood banks

Screening of donor blood tests, such as HIV, hepatitis, syphilis, and malaria, are the common tests performed in blood banks. At present, immunohematology is being used in the screening process of blood owing to unmet clinical demand and increasing cases of HIV and hepatitis. This simultaneously increases the number of blood donation in the market. During the forecast period, continuous involvement of non-profit organizations for blood transfusion and their efforts to improve blood safety is expected to propel the sales of immunohematology in the market.

Global immunohematology market for diagnostic laboratories

For immunohematology testing, diagnostic laboratories are segmented into two categories: clinical diagnostic laboratories and reference laboratories. Clinical diagnostic laboratories perform the test for individuals who are looking for disease diagnosis. These laboratories work in a single operation or are controlled by hospitals. For instance, Memorial Hermann has around 13 hospitals in Texas, US, which has more than 5,000 physicians and 24,000 employees. It has integrated lab services that provide comprehensive clinical testing of immunohematology in the lab.

Reference labs, on the other hand, offer to screen for tests, that are prescribed by physicians or hospitals. These laboratories provide reference testing of serology, type of extensive antigens present in blood, and molecular blood group determination. Reference laboratories in Singapore such as 24-hour Cross-Match Laboratory and Red Cell Reference Laboratory help to provide services to various hospitals. The 24-hour Cross-Match Laboratory provides full-time services to hospitals for ABO and Rh-type determination and pre-transfusion screening.

The top leading vendors operating in the global immunohematology market are:

  • Bio-Rad Laboratories
  • Grifols
  • Immucor
  • Ortho Clinical Diagnostic

Other prominent vendors in the market include Agena Bioscience, BD, Beckman Coulter, biosurfit SA, Cardinal Health, DIAGAST, Hemo bioscience, Institut de Biotechnologies Jacques Boy, Lorne Laboratories, MTC INVITRO, Reagens, Seqirus, Tulip Group, and Quotient.

A more detailed analysis is available in the Technavio report titled, ‘Global Immunohematology Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.

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