Global Blood Testing
Market Report
2025
Global Blood Testing market size was USD 83.43 Billion in 2022 and it is forecasted to reach USD 156.73 Billion by 2030. Blood Testing Industry's Compound Annual Growth Rate will be 8.2% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Blood Testing market size was USD 83.43 Billion in 2022 and it is forecasted to reach USD 156.73 Billion by 2030. Blood Testing Industry's Compound Annual Growth Rate will be 8.2% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Blood Testing Market Sales Revenue 2022 | $ 83.43 Billion |
Global Blood Testing Market Sales Revenue 2030 | $ 156.73 Billion |
Global Blood Testing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Market Split by Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Blood Testing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blood testing is a medical diagnostic technique that involves taking a sample of a person's blood and analyzing it for various markers, such as levels of specific substances, cells, or antibodies. Blood tests can provide valuable information about a person's health status, including indicators of disease, infection, or organ function. some common blood test includes A1C, BUN Testing, Glucose, Covid-19, Lipid Panel, Vitamin D, Testosterone, Direct LDL, ALT, Prostate-specific antigen, Creatinine, and others
Growing awareness about early diagnosis of different diseases, and the rising prevalence of chronic diseases are the major driving factor for the global blood testing market. According to, World Health Organization, cancer is the second leading cause of death globally, accounting for an estimated 9.6 million deaths, or one in six deaths, in 2018. Further, blood testing is common in diagnosis and different body checkups for diabetes disease, which is also propelling the growth of the market. According to, International Diabetes Federation, in 2021, approximately 537 million adults (20-79 years) were living with diabetes and it is estimated that the total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045.
Further, emerging advancements in the medical sector and growing medical spending by the government and regulatory bodies can create lucrative opportunities for the market during the forecast period. However, the high cost of some blood tests can hamper the growth of the market.
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Labcorp Launched First-of-its-kind At-home Collection Device for Diabetes Risk Testing (May 2022)
Labcorp one of the leading global life sciences companies is making screening for diabetes easier with the launch of an at-home collection kit through LabCorp OnDemand™ that measures hemoglobin A1c (HbA1c) from a small blood sample
Top Companies Market Share in Blood Testing Industry: (In no particular order of Rank)
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Geographically, North America is estimated as the dominating region for the global blood testing market. This growth is attributed to the developed healthcare infrastructure in this region, and the initiative taken by the government bodies and major market players for plasma donations across the region. In addition, continuous research on different disease vaccines is also contributing to the growth of the market. On the other hand, Asia Pacific is the second largest contributor to the global blood testing market and is estimated that it will grow with a significant CAGR during the forecast period. This is due to the rising prevalence of chronic disease in major developing economies like India, & China, and rising investments by several major companies in this region.
The current report Scope analyzes Blood Testing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Blood Testing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blood Testing Industry growth. Blood Testing market has been segmented with the help of its Type, End User , and others. Blood Testing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Blood glucose testing is dominating segment of the blood testing market. The total amount of glucose in the blood is determined via a blood glucose test. The need to examine blood sugar levels is frequently caused by the sudden onset of the symptoms of various conditions, such as diabetes, which is propelling the growth of this segment. Blood sugar self-testing is another crucial technique for managing diabetes and avoiding complications.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Blood Testing from 2019 to 2031. This will also help to analyze the demand for Blood Testing across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key End User of Blood Testing are:
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Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blood Testing Market is witnessing significant growth in the near future.
In 2023, the A1C segment accounted for noticeable share of global Blood Testing Market and is projected to experience significant growth in the near future.
The Clinic segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Abbott Laboratories, Siemens Healthineers and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | A1C, BUN Testing, Glucose, Covid-19, Lipid Panel, Vitamin D, Testosterone, Direct LDL, ALT, Prostate-specific antigen, Creatinine, Others |
End User | Clinic, Hospital, Research Laboratory, Diagnostic Centers, Other |
List of Competitors | Abbott Laboratories, F. Hoffmann La Roche, Siemens Healthineers, Bio-Rad Laboratories Inc., Quest Diagnostics, Biomerica Inc, Becton Dickinson and Company, Siemens Healthineers, Danaher Corporation, Trinity Biotech Plc |
This chapter will help you gain GLOBAL Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review Global Blood Testing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review North America Blood Testing Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review Europe Blood Testing Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review Asia Pacific Blood Testing Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review South America Blood Testing Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Blood Testing. Further deep in this chapter, you will be able to review Middle East and Africa Blood Testing Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Blood Testing. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blood Testing market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why A1C have a significant impact on Blood Testing market? |
What are the key factors affecting the A1C and BUN Testing of Blood Testing Market? |
What is the CAGR/Growth Rate of Clinic during the forecast period? |
By type, which segment accounted for largest share of the global Blood Testing Market? |
Which region is expected to dominate the global Blood Testing Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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