Blood Testing Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Report Code: ZMR-3134 | Report Format : | Status : Upcoming |


Global Blood Testing Market: Overview

A blood test is a laboratory examination technique of scientific nature of a blood sample, usually for the diagnosis of illness or detection or measurement of the level of substances or cells. The deviation in the functioning of organs can be determined by blood testing. Disregarding the numerous diseases, blood testing is always an acceptable way of informing oneself about the current health and potential health hazards. Blood screening technologies are precise, effective and are high in demand by the consumers. A blood test is usually performed by taking a small sample of blood from the patient’s body with the help of a needle or finger prick or by the use of point of care devices. These tests are economical and are commonly performed in clinics or hospitals as a primary checkup for analyzing any mild to serious ailments which affect the growth of the global blood testing market.

Global Blood Testing Market: Growth Factors

The factors that drive the growth of the global blood testing market are accelerated diseases, growth in R & D, the prevalence of chronic diseases. The rise in the progress of diagnostic tests for early disease detection is expected to fuel the development of the global blood testing market. A number of government bodies encourage hospitals to reduce hospital stays promoting home healthcare. Hence there is an introduction of home healthcare blood testing kits. These factors boost the revenue by promoting the population to undergo blood testing. Unawareness regarding such tests and unavailability of skilled labor are likely to restrain the growth of the global blood testing market. The limited knowledge regarding advanced technology along with a reluctance to adopt newer technology has been prohibiting the global blood testing market progress. The lack of trained professionals has been a major challenge to this market.

Global Blood Testing Market: Segmentation

The global blood testing market is segmented on the basis of, blood chemistry tests (electrolyte test, blood glucose, blood calcium and kidney function test), blood enzyme tests (creatine kinase and troponin) and blood clotting tests (activated partial thromboplastin time, prothrombin time and blood coagulation), by  type (complete blood count (white blood cells, red blood cells, hemoglobin, hematocrit and platelets); by diseases (leukemia, hypokalemia, anemia, infection, kidney disorders, heart attack and coronary heart disease), by methods (automated blood culture testing, manual blood culture testing, automated blood culture system and blood culture instruments).

Global Blood Testing Market: Regional Analysis

North America is a major market for the global blood testing industry with respect to revenue generation. Key factors attributing to the growth of the market included the increasing geriatric population, advancement in technological facilities and the introduction of advanced technologies for the point of care blood tests. The U.S. has been recognized as home to several prominent players operating in the space. The initiatives by the government and waiver on point of care testing devices are predicted to be crucial factors connected with to rising acceptance levels for these devices in this region. The Asia Pacific is anticipated to grow at the good pace due to growing awareness amongst the population regarding early disease detection tests. The surge in a number of government schemes in emerging economies to curb the healthcare expenditures is expected to develop the regional blood testing market growth.

Global Blood Testing Market: Competitive Players

Some of the major companies operating in global blood testing market are Abbott, Alere, Bio-Rad laboratories Inc., Quest diagnostics, F. Hoffmann-La Roche ltd, Danaher (Beckman Coulter Inc. and Radiometer), Biomerica Inc., BioMerieux S.A., Siemens Healthineers, Becton Dickinson & Company, Nipro Diagnostics, Trividia Healthcare and Trinity Biotech PLC.

Global Blood Testing 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

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Infection Surveillance Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3937 | Report Format:

Global Infection Surveillance Solutions Market: Overview Infection surveillance solutions are basically programs that help in effective management of the healthcare-acquired infections (HAIs), such as urinary tract infections, pneumonia, primary bloodstream infections, gastrointestinal illness, ...Read More

Medication Pouch Inspection Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3929 | Report Format:

Global Medication Pouch Inspection Systems Market: Overview Medication pouch inspection systems can inspect pouches rapidly with extremely high precision. The number of pouches that can be inspected every minute can go up to 300. The precision rate is estimated to be close to 98%, which translat...Read More

Myasthenia Gravis Market by Diagnosis (Edrophonium Tests, Blood Tests, Pulmonary Function Tests, Electrodiagnostic, Imaging, and Others), by Treatment (Surgery, Medication, Plasmapheresis and Intravenous Immunoglobulin, Autologous Hematopoietic Stem Cell Transplantation (HSCT), and others), and by End-User (Hospitals, Academic Research Institutes, Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Mar-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3927 | Report Format:

The report covers a forecast and an analysis of the myasthenia gravis market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the myasthen...Read More

Healthcare Assistive Robot Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3922 | Report Format:

Global Healthcare Assistive Robot Market: Overview Various technological advancements have been witnessed related to the healthcare assistive robots in the last years. These healthcare assistive robots help in better patient care along with shortened visits to the therapist for post recovery sup...Read More

Healthcare Reimbursement Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3921 | Report Format:

Global Healthcare Reimbursement Market: Overview The healthcare reimbursement system across the world is a highly complicated framework to obtain repayment regarding healthcare services. Among the primary concerns of the healthcare reimbursement system are the rules that govern healthcare reimbu...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.