Market revenue in 2020 | USD 221.6 million |
Market revenue in 2027 | USD 366.3 million |
Growth rate | 7.4% (CAGR from 2020 to 2027) |
Largest segment | Reagents & kits |
Fastest growing segment | Reagents & Kits |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 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 |
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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 UK blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.
The UK is expected to grow at the fastest growth rate over the forecast period owing to new donations registered in the country, rising prevalence of chronic diseases, and well-established healthcare infrastructure.
According to NHS data, around 416,381 new blood donation registrations were recorded during the period 2019-2021 in the UK, whilst the number of new donations accounted for 131,825 in the same year. Out of the 65 million population, approximately 1.7 million people donate blood.
This is expected to save the lives of 15,000 people living with sickle cell disease in the country as well as 300 newborn babies, who are born with this disease. Thus, rise in blood donation awareness and increase in the number of people donating blood are some of the factors driving regional market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UK blood transfusion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into UK blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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