According to Technavio, the blood-grouping reagents market size is expected to value at $ 443.28 mn during 2020-2024. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of over 10%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights vendor performance and new business opportunities during and post pandemic period.
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Blood-Grouping Reagents Market Trends & Drivers
The blood-grouping reagents market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as growing demand for blood transfusions, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The blood-grouping reagents market has also explored key trends such as increasing penetration of healthcare facilities, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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Blood-Grouping Reagents Market: Segmentation Analysis
This market research report segments the blood-grouping reagents market by End-user (Hospitals and blood banks, Clinical laboratories, and Academic and research institutes) and Geographic Landscape (Asia, Europe, North America, and ROW).
The Asia region led the blood-grouping reagents market in 2020, followed by Europe, North America, and ROW respectively. During the forecast period, the North America region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
Vendors covered
Vendor classification
Market positioning of vendors
Competitive scenario
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