Market Revenue Blood Screening Market Formulation and Validation | Page 2

The Market may be explored by technology as ELISA, Chemiluminescence Immunoassay (CLIA), and Enzyme Immunoassay (EIA), Nucleic Acid Amplification Test (NAT), Western Blotting, and Next-Generation Sequencing (NGS). The NAT may be further split into real-time PCR and transcription-mediated amplification (TMA). The “NAT” dominated the blood screening market in 2016 and is anticipated to maintain its dominance by 2024 due to growing number of blood donations, increasing occurrence of transferrable diseases, and growing disposable income with respect to reimbursement for NAT-tested blood. Furthermore, the increasing consciousness about advanced and innovative applications of NAT in disease screening and the growing demand for safe donated blood by patients suffering from thalassemia, hemophilia, and sickle-cell anemia boost the development of this technology sector. Blood Screening Market may be explored by product outlook as Reagent& kit, and Instrument. The market may be analyzed based on end user into Blood Banks, and Hospitals. The “blood banks” segment dominated the market in 2016 and anticipated to maintain its dominance by 2024 due to factors such as growing demand for donated blood, rising number of rising awareness regarding the safety of blood, organ transplantation surgeries, growing number of donations worldwide, and development in government funding to charitable trusts. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/blood-screening-market North America accounted for the major share of the global Blood Screening Industry in 2016 and will continue to lead in the forecast period due to factors such as growing participation of several government associations in screening & transfusion activities and blood donations, and rising adoption of nucleic acid tests (NAT). Some of the key players that fuel the growth of the Blood Screening Market include Becton, Danaher Corporation, Abbott Laboratories, Bio-Rad Laboratories, Inc., Beckman Coulter, Inc, F. Hoffmann-La Roche Ltd, Grifols, Dickinson and Company, Ortho Clinical Diagnostics, Siemens AG, and Thermo Fisher Scientific Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Market Segment: Blood Screening Technology Outlook (Market Revenue in USD Million, 2013 - 2024) • Nucleic Acid Amplification Test (NAT) • ELISA • Chemiluminescence Immunoassay (CLIA) and Enzyme Immunoassay (EIA) • Next-Generation Sequencing (NGS) • Western Blotting