Zion Market Research Blood Screening Market, 2016–2024 | Page 3

Blood Screening Market
linked immunosorbent assay is divided by platform and by generation, which is further subsegmented into colorimetric immunoassay, chemiluminescence immunoassay and fluorescence immunoassay under the platform category and under the generation category, it is subsegmented as first, second, third, fourth and above. Based on the products and services, the blood screening market is segregated into reagents and kits, standards and controls, buffers, nucleotides and solutions, immunosorbents, conjugates, sample diluents and wash solutions, software and services, enzymes and polymerases, probes and primers, labeling and detection reagents, controls, substrates and instruments. Based on the end user, the market is divided into hospitals and blood banks. Region-wise, the blood screening market is diversified into Asia Pacific, North America, Europe and Rest of the World.
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Global Blood Screening Market: Growth Factors
The factors that are driving the blood screening market are the rise in the number of blood donations and the blood donors, increasing number of cases of infectious diseases, the rise in the expenditure on the healthcare, the technological advancements in the blood screening techniques, rise in the initiatives taken by the government, awareness among the people regarding safety of the donated blood, rise in the adoption of the nucleic acid testing and rise in the awareness about the healthcare. The pathogen reduction technology and the multiplex tests are the proving opportunities in the global market. Similarly, there are also factors that are restraining the market growth such as the initial capital cost and operating cost are high, lack of skilled professionals, the alternative technologies are being used and the regulatory frameworks for approval are complex.