Credence Research has recently published a market research study that includeselaborativeanalysis which was result of an extensive research methodologyfor Blood Typing, Grouping and Infectious Disease Screening marketwith estimationsfrom 2018 to 2026. The highlights of this report aredrivers, restraints and opportunities of Blood Typing, Grouping and Infectious Disease Screening market, offered acrossthe recent and estimated timeline till 2026.Major report takeawaysare competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Blood Typing, Grouping and Infectious Disease Screening market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such asbusiness overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Blood Typing, Grouping and Infectious Disease Screening market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).
The global blood typing, grouping and infectious disease screening market is projected to reach US$ 7,078.3 Mn by 2026 from US$ 3,079.8 Mn in 2017, growing at a CAGR of 9.7% during the forecast period from 2018 to 2026. The factors contributing to the market growth includes increase in disposable income, rising population, growing awareness regarding blood donations and blood products. According to the Centers for Disease Control and Prevention, the cases of syphilis, a disease caused by Treponema pallidum, has increased by 17.6% in 2016 accounting for 8.7 cases per 100,000 population in the United States. Furthermore, the growing rate of infections catalyze the market growth. According to the HIV.gov (a portal managed by the U.S. Department of Health & Human Services and supported by the Secretary’s Minority AIDS Initiative Fund (SMAIF)), the burden of HIV cases at the end of 2016 was reported around 36.7 million globally among which 2.1 million patients are less than 15 years of age. The global incident cases of HIV in 2016 was reported around 1.8 million that makes around 5,000 infections per day. The global blood typing, grouping and infectious disease screening market is segmented based on the test type, product type, infectious agent, and geography.
Keyresearch study highlights comprise:
- Exhaustiveresearch and analysis of the global Blood Typing, Grouping and Infectious Disease Screening industry
- The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
- Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Blood Typing, Grouping and Infectious Disease Screening market is also covered in the report
- Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering& business strength
- Cross sectional analysis of each regioncovering individual segments for the forecast period 2016 – 2018 in terms of value (US$Mn)
Research methodologyapplied for this study:
Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Blood Typing, Grouping and Infectious Disease Screening market specific to key segments, and regional segmentation.
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- Secondary Research
Secondary research was initiated with data collected through sources such aspress releases,company annual reports, and relevant documents focusing on the current developments in the global Blood Typing, Grouping and Infectious Disease Screening market. Authentic sources such as university research papers, scientific journals, and government websites were similarlyscreened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Blood Typing, Grouping and Infectious Disease Screening market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Blood Typing, Grouping and Infectious Disease Screening market study.
- Primary Research
The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help ofe-mail interactions,telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.
The participants tracked for primary interviews include:
- Marketing/product managers
- Vice President/ CEOs
- National sales managers
- Market intelligence managers
- Purchasing managers
- Other stakeholders
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