Germany Blood Transfusion Diagnostics Market Size & Outlook

The blood transfusion diagnostics market in Germany is expected to reach a projected revenue of US$ 384.6 million by 2027. A compound annual growth rate of 5.6% is expected of Germany blood transfusion diagnostics market from 2021 to 2027.
Revenue, 2020 (US$M)
$262.0
Forecast, 2027 (US$M)
$384.6
CAGR, 2021 - 2027
5.6%
Report Coverage
Germany

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

Germany

Germany blood transfusion diagnostics market highlights

  • The Germany blood transfusion diagnostics market generated a revenue of USD 262.0 million in 2020 and is expected to reach USD 384.6 million by 2027.
  • The Germany market is expected to grow at a CAGR of 5.6% 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.


Blood transfusion diagnostics market data book summary

Market revenue in 2020USD 262.0 million
Market revenue in 2027USD 384.6 million
Growth rate5.6% (CAGR from 2020 to 2027)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Instruments
Key market players worldwideGrifols 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, Germany accounted for 7.1% of the global blood transfusion diagnostics market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Europe, Germany blood transfusion diagnostics market is projected to lead the regional market in terms of revenue in 2027.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 366.3 million by 2027.

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Blood Transfusion Diagnostics Market Companies

Name Profile # Employees HQ Website

Germany 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 65.61% in 2020. Horizon Databook has segmented the Germany blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.


In 2020, Germany accounted for the largest revenue share and is expected to maintain its dominance during the forecast period. This can be attributed to high healthcare expenditure, easy availability of devices, and presence of well-equipped laboratories.

There are various nonprofit organizations of the German government for blood collection services, such as German Red Cross Blood Transfusion Services, commercial blood centers, communal blood transfusion services, and plasmapheresis centers of plasma fractionation industry.

The German Society for Transfusion Medicine and Immunohematology and the German Red Cross Blood Transfusion Services are involved in European Blood Alliance. The German Red Cross has 28 donation centers, seven blood transfusion service centers, and a few institutes in the country.

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany blood transfusion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Germany blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Germany blood transfusion diagnostics market size, by product, 2016-2027 (US$M)

Germany Blood Transfusion Diagnostics Market Share, 2020 & 2027 (US$M)

Germany blood transfusion diagnostics market size, by product, 2016-2027 (US$M)

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