Europe Blood Transfusion Diagnostics Market Size & Outlook
Europe blood transfusion diagnostics market, 2016-2027 (US$M)
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Europe blood transfusion diagnostics market highlights
- The Europe blood transfusion diagnostics market generated a revenue of USD 1,033.5 million in 2020.
- The market is expected to grow at a CAGR of 6.3% from 2021 to 2027.
- In terms of segment, reagents & kits was the largest revenue generating product in 2020.
- Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2027.
Europe data book summary
| Market revenue in 2020 | USD 1,033.5 million |
| Market revenue in 2027 | USD 1,582.8 million |
| Growth rate | 6.3% (CAGR from 2020 to 2027) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & Kits |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & Kits, Instruments |
| Key market players worldwide | Grifols SA Ordinary Shares - Class A, Bio-Rad Laboratories Inc, Roche Holding AG ADR, Quotient Sciences, Abbott Laboratories, BioMerieux SA, Siemens Healthineers AG ADR, MedGenome, Beckman Coulter |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.8% of the global blood transfusion diagnostics market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,260.9 million by 2027.
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Blood Transfusion Diagnostics Market Scope
Blood Transfusion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 66.11% in 2020. Horizon Databook has segmented the Europe blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.
On the basis of geography, Europe held the second-largest share of blood transfusion diagnostics market. This can be attributed to factors such as growing awareness about blood donation & its importance, rising number of blood donation campaigns from international entities such as WHO, and strong government bodies associated with increased blood transfusion services.
Germany is one of the few nations that compensate donors for their contribution and the system is acknowledged as “Aufwandsentschadigung,” hence this strategy is to motivate the young to donate and decrease the gap between supply & demand.
The UK is witnessing significant growth during the forecast period owing to various awareness programs about blood donations and transfusions, saving millions of lives. There are approximately 1,700 NHS venues across the UK to host blood donations camps, which resulted in registration of 1.3 million voluntary blood donors in the NHS database.
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Our clientele includes a mix of blood transfusion diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe blood transfusion diagnostics market, including forecasts for subscribers. This continent databook contains high-level insights into Europe blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe blood transfusion diagnostics market size, by country, 2016-2027 (US$M)
Europe Blood Transfusion Diagnostics Market Share, 2020 & 2027 (US$M)
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