Blood Testing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
A blood test is the procedure of blood sample analysis conducted in a laboratory, and the blood is usually drawn from a vein in one of the arms using a needle. Sometimes a finger is also pricked to draw blood for testing. Blood testing is done to find out the status of the health of a person. Blood tests are generally utilized in the healthcare sector to ascertain the organ function, physiological and biochemical states, the spread of disease, and effectiveness of pharmaceutical drugs. The rise in the importance and demand for blood testing is expected to encourage the growth of the global blood testing market.
MARKET SCOPE
The "Global Blood Testing Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Blood testing market with detailed market segmentation by type, method, end use, and geography. The report provides key statistics on the market status of the leading Blood testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Blood testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blood testing market in these regions.
IMPACT OF COVID-19 ON BLOOD TESTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
By Type
By Method
By End Use
MARKET PLAYERS
The report covers key developments in the Blood testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Blood testing market are anticipated to lucrative growth opportunities in the future with the rising demand for Blood testing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Blood testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
A blood test is the procedure of blood sample analysis conducted in a laboratory, and the blood is usually drawn from a vein in one of the arms using a needle. Sometimes a finger is also pricked to draw blood for testing. Blood testing is done to find out the status of the health of a person. Blood tests are generally utilized in the healthcare sector to ascertain the organ function, physiological and biochemical states, the spread of disease, and effectiveness of pharmaceutical drugs. The rise in the importance and demand for blood testing is expected to encourage the growth of the global blood testing market.
MARKET SCOPE
The "Global Blood Testing Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Blood testing market with detailed market segmentation by type, method, end use, and geography. The report provides key statistics on the market status of the leading Blood testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Blood testing market is segmented into glucose testing, lipid panel testing, prostate specific antigen (psa) testing, blood urea nitrogen (bun) testing, thyroid stimulating hormone testing, and other types.
- On the basis of method, the market is segmented into manual blood testing and automated blood testing.
- On the basis of end use, the market is segmented into diagnostic laboratories, hospitals and other.
MARKET DYNAMICS
Drivers:
- Rise in the incidences of several chronic diseases.
- Rise in the demand for home healthcare.
- Technological Advancements.
- Favorable government initiatives.
Restraints:
- The strict regulatory approval process is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Blood testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blood testing market in these regions.
IMPACT OF COVID-19 ON BLOOD TESTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Blood Testing Market Report Analysis
Blood Testing Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Danaher Corporation
- BioRad Laboratories
- Thermofisher Scientific
- Abbott Laboratories
- BioMerieux S.A
- Baxter International
- Becton, Dickinson and Company
- Cepheid Corporation
- F. Hoffmann-La Roche AG
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Type
- Glucose Testing
- Lipid Panel Testing
- Prostate Specific Antigen
By Method
- Manual Blood Testing
- Automated Blood Testing
By End Use
- Diagnostic Laboratories
- Hospitals
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The report covers key developments in the Blood testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Blood testing market are anticipated to lucrative growth opportunities in the future with the rising demand for Blood testing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Blood testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Danaher Corporation
- BioRad Laboratories
- Thermofisher Scientific
- Abbott Laboratories
- BioMerieux S.A
- Baxter International
- Becton, Dickinson and Company
- Cepheid Corporation
- F. Hoffmann-La Roche AG
- Novartis International AG
Blood Testing Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Danaher Corporation
2. BioRad Laboratories
3. Thermofisher Scientific
4. Abbott Laboratories
5. BioMerieux S.A
6. Baxter International
7. Becton, Dickinson and Company
8. Cepheid Corporation
9. F. Hoffmann-La Roche AG
10. Novartis International AG
11. Una Health Ltd
12. Shimadzu
13. Waters Corporation
14. PerkinElmer Inc
1. Danaher Corporation
2. BioRad Laboratories
3. Thermofisher Scientific
4. Abbott Laboratories
5. BioMerieux S.A
6. Baxter International
7. Becton, Dickinson and Company
8. Cepheid Corporation
9. F. Hoffmann-La Roche AG
10. Novartis International AG
11. Una Health Ltd
12. Shimadzu
13. Waters Corporation
14. PerkinElmer Inc
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