Global Immunohematology Market

Immunohematology Market Size, Share, Growth Analysis, By Product(Immunohematology analyzer, Immunohematology reagent), By End Use(Hospitals, Blood banks, Diagnostic laboratories ), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35G2186 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 34 | Figures: 74

Immunohematology Market Dynamics

Immunohematology Market Drivers 

Technological Advances in Immunohematology  

  • The technological advancements in immunotherapy devices and the techniques are fueling the growth of the market. Modern automated analyzers have improved accuracy, reduced testing time and increased productivity in laboratories. The integration of artificial intelligence (AI) and machine learning into immunohematology systems has enabled real-time tracking and accurate matching of blood types and antigens, reducing human error.  

Increasing Prevalence of Blood Disorders and Chronic Diseases  

  • The increasing incidence of blood disorders such as anemia, hypertension, leukemia is a major driver for immunohematology industry. According to the World Health Organization (WHO), the global burden of anemia and blood-borne diseases continues to rise, prompting the healthcare systems to invest in advanced equipment for diagnosis such as immunohematology analyzers.  

Immunohematology Market Restraints 

  Limited Expertise and Resources in Developing Areas 

  • Inadequate healthcare facilities and insufficient funding modernized blood banks exacerbates troubles leading to the underutilization of advanced immunohematology technology. In regions with low voluntary blood donation costs, the availability of blood samples for the testing remains limited, in addition limiting the adoption of immunohematology merchandise and solutions. Despite the growing demand for blood transfusion services, lack of importance of blood quality and research in many developing countries hinders market expansion. 

High Cost of Immunohematology Equipment and Testing 

  • The increasing cost of immunohematology analyzers and diagnostic kits is a major barrier to immunohematology market growth especially in low- and middle-income countries. Advanced system requires huge investments, making them unavailable in small fitness facilities and blood banks. Additionally, ongoing maintenance costs and the need for professional employees to operate those structures are growing. As a result, many institutions in resource-constrained settings are unable to adopt state-of-the-art immunohematology solutions, limiting the market's reach.

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Global Immunohematology Market size was valued at USD 1.83 billion in 2022 and is poised to grow from USD 1.92 billion in 2023 to USD 2.76 billion by 2031, growing at a CAGR of 4.63% during the forecast period (2024-2031).

The immunohematology market is highly competitive, driven by the presence of major global players and new startups. Leading companies including Bio-Rad Laboratories, Ortho Clinical Diagnostics, Grifols S.A. and Immucor together dominate the landscape with complete portfolios of automated analyzers, reagents and testing solutions. These big players in R&D will introduce advanced technologies such as molecular immune hematology and AI-driven systems. Strategic partnerships and collaborations are common, as companies work with healthcare providers, blood banks and research institutes to expand their markets. For example, Ortho Clinical Diagnostics recently partnered with several hospitals to deploy its high-throughput immunohematology analyzers, enhancing diagnostic efficiency.   'Grifols ', 'QuidelOrtho ', 'Immucor ', 'Bio-Rad Laboratories ', 'Beckman Coulter ', 'Novartis ', 'Quotient Limited ', 'Diagast ', 'Becton, Dickinson and Company ', 'Thermo Fisher Scientific ', 'Abbott Laboratories ', 'BioMérieux ', 'Hologic, Inc. ', 'Werfen S.A. ', 'Merck KGaA ', 'DiaSorin S.p.A. ', 'F. Hoffmann-La Roche AG ', 'Immucor Gamma Biologics ', 'Tulip Diagnostics Pvt. Ltd. ', 'Versiti'

Increased Focus on Generic Medications and Rare Blood Group Testing: The growing emphasis on personalized medicinal drug is using the advances in immunotherapy, targeted on detecting rare blood group antigens and adjusting blood transfusion protocols. This immunohematology market trend aligns with the broader push toward precision medication, in which treatment strategies are custom designed primarily based on an affected person's genetic and phenotypic profile. Expanding research efforts on genotyping and molecular diagnostics to reveal complex blood group patterns. 

As per immunohematology market outlook, North America is the dominant region with improved healthcare, high prevalence of blood disorders and huge investment in medical technology. The U.S. leads the market due to well-established blood banks, robust research and development activities, and widespread adoption of automated immunohematology systems. Favorable government initiatives, such as blood safety regulations and reimbursement policies, further bolster market growth. Furthermore, the rising company focuses on adopting various key strategies such as agreements, partnerships, and product launches to increase the availability of technologically advanced products in the market. Companies such as Bio-Rad Laboratories and Ortho Clinical Diagnostics have a strong presence in North America, providing state-of-the-art solutions that meet stringent regulatory standards. 

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Global Immunohematology Market

Report ID: SQMIG35G2186

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