Russia Blood Transfusion Diagnostics Market Size & Outlook

The blood transfusion diagnostics market in Russia is expected to reach a projected revenue of US$ 44.6 million by 2027. A compound annual growth rate of 5% is expected of Russia blood transfusion diagnostics market from 2021 to 2027.
Revenue, 2020 (US$M)
$31.7
Forecast, 2027 (US$M)
$44.6
CAGR, 2021 - 2027
5%
Report Coverage
Russia

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

Russia

Russia blood transfusion diagnostics market highlights

  • The Russia blood transfusion diagnostics market generated a revenue of USD 31.7 million in 2020 and is expected to reach USD 44.6 million by 2027.
  • The Russia market is expected to grow at a CAGR of 5% 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 31.7 million
Market revenue in 2027USD 44.6 million
Growth rate5% (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, Russia accounted for 0.9% 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

Russia 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 66.56% in 2020. Horizon Databook has segmented the Russia blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.


In Moscow, the Department of Health has 14 blood transfusion centers and major multi-disciplinary hospitals to provide the service of blood transfusion to the general population. Moscow works on a blood donor support program mechanism, wherein the donors get social support. Some of the benefits are free transport tickets, an Honored Donor of Moscow badge, reduced utility bills, and discounted medicines.

Such initiatives are expected to motivate more people for blood donation. This region also organizes several blood donation campaigns, recording a total of 450 blood drives a year. Based on the Department of Health data, the supply of blood donation in Moscow exceeded the demand in 2017.

The city planned for 132,000 liters of donated blood; however, it received a total of 140,000 liters. There are around 50,000 regular donors in the Department of Healthcare clinics and Moscow region stations. Hence, the number of blood donation campaigns in Russia is growing, which is expected to build a strong inventory base of blood donors in the coming years.

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Target buyers of Russia blood transfusion diagnostics market databook

  • 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 country-level data and insights on the Russia blood transfusion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Russia blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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

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

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

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