Global Blood Transfusion Diagnostics Market Size & Outlook

The blood transfusion diagnostics industry worldwide is expected to reach a projected revenue of US$ 5,791.6 million by 2027. A compound annual growth rate of 6.6% is expected of the worldwide blood transfusion diagnostics industry from 2021 to 2027.
Revenue, 2020 (US$M)
$3,713.7
Forecast, 2027 (US$M)
$5,791.6
CAGR, 2021 - 2027
6.6%
Report Coverage
Worldwide

Global blood transfusion diagnostics market, 2016-2027 (US$M)

Global blood transfusion diagnostics market highlights

  • The global blood transfusion diagnostics market generated a revenue of USD 3,713.7 million in 2020 and is expected to reach USD 5,791.6 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 6.6% by 2027.
  • In terms of segment, reagents & kits accounted for a revenue of USD 2,444.9 million in 2020.
  • Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, Russia is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 3,713.7 million
Market revenue in 2027USD 5,791.6 million
Growth rate6.6% (CAGR from 2020 to 2027)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Instruments

Other key industry trends

  • In terms of revenue, the North America accounted for 40.1% of the global blood transfusion diagnostics market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 44.6 million by 2027.

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Blood Transfusion Diagnostics Market Companies

Name Profile # Employees HQ Website

Global blood transfusion diagnostics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood transfusion diagnostics market will help companies and investors design strategic landscapes.


Reagents & kits was the largest segment with a revenue share of 65.83% in 2020. Horizon Databook has segmented the Global blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Blood Transfusion Diagnostics Product Outlook (Revenue, USD Million, 2016-2027)
    • Reagents & Kits
    • Instruments
    • Others
  • Global Blood Transfusion Diagnostics Application Outlook (Revenue, USD Million, 2016-2027)
    • Blood Grouping
    • Disease Screening
      • Serological Disease Screening
      • Molecular Disease Screening
  • Global Blood Transfusion Diagnostics End Use Outlook (Revenue, USD Million, 2016-2027)
    • Hospitals
    • Blood Banks
    • Diagnostic Laboratories
    • Others

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Target buyers of Global blood transfusion diagnostics market databook

  • Our clientele includes a mix of blood transfusion diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global blood transfusion diagnostics market, including forecasts for subscribers. This global databook contains high-level insights into Global blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global blood transfusion diagnostics market size, by regions, 2016-2027 (US$M)

Top 10 countries: Blood transfusion diagnostics market size, 2020 (US$M)

Global blood transfusion diagnostics market share, by product, 2020 & 2027 (%, US$M)

Blood transfusion diagnostics market: Opportunity assessment by country

Global blood transfusion diagnostics market, by region, 2020 (US$M)

Global blood transfusion diagnostics market size, by regions, 2016-2027 (US$M)

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