Blood Testing Market Size, Share, Trends, Growth And Forecast To 2026

1. Blood Testing MarketUSD 65,464.3 Million By 2026 | CAGR 2.6% “Blood Testing Market [By Test Type (Glucose Testing, Lipid Profile, Liver Function Tests, Prostate Specific Antigen, Hormones, Blood Urea Nitrogen, High-sensitivity C-reactive Protein, Thyroid Stimulating Hormone, Serum Nicotine/Cotinine); By Product Type (Instruments, Software & Services, and Reagents & Testing Kits); By End-users (Laboratory, Hospitals, Point-of-Care (POC) Testing, and Blood Banks); By Region]: Segments & Forecast, 2017 - 2026”

2. Blood Testing Market Estimate & Forecast to 2026 According to a new study published by Polaris Market Research the worldwide blood testing market is anticipated to reach USD 65,464.3 million by 2026. In 2017, the glucose testing segment dominated the global market, in terms of revenue, whereas geographically, North America accounted for the majority share in the global blood testing market. Increasing dependency of doctors on blood-based diagnosis to ensure reliable and rapid treatment, along with rapidly growing geriatric population are the major factors which drives the blood testing device market. Moreover, surge in the demand for blood donations and organ donors, and increasing awareness about the safety of donated blood further increase the market growth. The other key factors enhancing the global market growth include multiplying prevalence of infectious diseases such as bacterial and viral diseases and other health-related disorders such as HIV, cancer, thyroid, and genetic disorders, and the exponential increase in the number of point of care (POC) testing. Use of self-testing products and home diagnostic tests, blood testing in under-developed countries, and research and development for developing new testing technologies further provide growth opportunities for the blood testing market in the forecast period.

3. Blood Testing Market Scope Request for sample

4. Blood Testing Market Estimate & Forecast to 2026 Recent times have witnessed an increase in the prevalence of infectious diseases such as bacterial and viral diseases, and other disorders such as HIV, cancer, thyroid, and genetic disorders in all age groups and population. Blood testing plays a vital role in the identification of the causative agents of these diseases and disorders thereby boosting the growth of this market. Also, the growing number of POC testing has led to the increased growth of the market. The major market players profiled in the report include Abbott Laboratories, Alere, Inc., Becton Dickinson and Company, Bio-Rad Laboratories, Beckman Coulter, bioMérieux SA, Biomerica Inc., Bruker Corporation, Nanosphere Inc., Nipro Diagnostics, Roche Diagnostics, Siemens AG, Thermo Fisher Scientific Inc. and Trinity Biotech PLC among others. These market players have adopted various strategies such as merger & acquisitions, novel product development, and venture capital investments among others to expand their foothold and increase their customer base. Browse Complete Report

5. Blood Testing Market Size Request for TOC

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