New Delhi, July 30, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica, the Chile immunohematology market is projected to hit the market valuation of US$ 17.32 million by 2032 from US$ 11.59 million in 2023 at a CAGR of 4.61% during the forecast period 2024–2032.

The demand for immunohematology in Chile is experiencing a significant surge. One of the primary reasons behind this surge is the increasing prevalence of hematological disorders such as thalassemia, leukemia, sickle cell anemia, lymphoma, and hemophilia. For instance, according to the World Health Organization, there were approximately 474,519 new cases of hematological disorders globally in 2020, highlighting the growing need for effective diagnostic and treatment solutions. Additionally, the rising number of trauma centers and blood bank facilities in Chile is contributing to the high demand for immunohematology products. In 2023, Chile had 200 operational blood banks and 150 trauma centers, with projections indicating a 10% increase in these facilities over the next five years. The country’s healthcare infrastructure is expanding, with hospitals increasingly incorporating in-house immunohematology laboratories to enhance blood transfusion safety and efficiency, with 70% of hospitals now equipped with such labs.

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Several advanced technologies are at the forefront of the immunohematology market in Chile. Automated immunohematology analyzers are becoming increasingly popular due to their ability to streamline processes and improve accuracy. In 2023, about 60% of blood banks in Chile adopted automated analyzers, a significant increase from 40% in 2020. These systems are essential for blood banks and hospitals, facilitating the shift towards molecular immunohematology techniques such as serological and HLA typing. The adoption rate for molecular techniques has increased by 15% annually over the last three years. Another notable technology is gel card systems, which are widely used for antigen detection, cross-matching, and alloantibody identification, with over 80% of Chilean hospitals utilizing these systems. These systems are favored for their ease of use and reliability in various immunohematology applications. Furthermore, the adoption of molecular techniques, including RBC genomics testing and blood typing (both phenotyping and genotyping), is on the rise, providing more precise and comprehensive diagnostic capabilities, with an annual increase of 12% in usage.

Market Dynamics and Future Outlook

The Chilean immunohematology market is poised for robust growth, with projections indicating an increase from a valuation of US$11.59 million in 2023 to US$ 17.32 million by 2032. This growth is fueled by the rising demand for blood and plasma-derived products such as platelets, immunoglobulin, and plasma factors, which are essential for treating various blood-related conditions. Chile's blood donation rate has improved significantly, with 450,000 blood donations recorded in 2023, compared to 380,000 in 2020. Additionally, the market is driven by the need for personalized medicine and the development of innovative diagnostic tools and technologies. The increasing awareness of the importance of blood donation and the expansion of blood banks further support the market's growth, with a 25% increase in blood bank facilities over the past five years. As the healthcare sector continues to evolve, the integration of advanced immunohematology technologies will play a crucial role in meeting the growing demand and improving patient outcomes in Chile. Furthermore, the government’s investment in healthcare infrastructure, which stood at US$2 billion in 2023, underscores the commitment to advancing medical technologies and expanding healthcare services.

Key Findings in Chille Immunohematology Market

Reagents are Invisible Giants with Revenue Share of over 55.31% in Chile Immunohematology Market

In immunohematology, reagents such as antisera, reagent red blood cells, anti-human globulin, and potentiators play a crucial role in various tests, including ABO/Rh blood typing, antibody screening, and antigen typing. Antisera detect specific antigens on red blood cells, while reagent red blood cells are used in antibody screening and identification tests. Anti-human globulin reagents are essential for the Coombs test, which identifies antibodies on red blood cells' surface. Potentiators enhance the sensitivity and specificity of these antibody-antigen reactions, making them indispensable in immunohematology testing.

Reagents dominate revenue generation in Chile immunohematology market due to their recurring demand, unlike equipment which is a one-time purchase. Over 1.2 million units of antisera are used annually in Chilean laboratories. The complex manufacturing of reagents like monoclonal antisera and anti-human globulin adds value, with anti-human globulin sales reaching $5 million in 2023. Approximately 2.5 million blood typing tests are conducted annually, further driving demand. Technological advancements, such as automated and high-throughput testing systems, have improved test efficiency and reliability, contributing to the adoption of advanced reagents. Automated reagent systems accounted for $3 million in sales in 2023. The focus on diagnostic accuracy in the Chilean healthcare sector has boosted expenditure on high-quality reagents, with antibody screening reagents valued at $5 million and blood group antigen typing reagents reaching $4 million in sales last year.

Microplates Technology Bring in Over 35.46% Revenue in in Chile’s Immunohematology Market

Microplates have emerged as a dominant force in Chile's immunohematology market, accounting for 35.46% of the market share. This dominance is driven by several key factors. Wherein, the integration of advanced immunohematology solutions in hospitals has significantly increased the demand for microplates. Hospitals, which dominate the end-use segment, are increasingly incorporating in-house immunohematology testing, necessitating the use of microplates for high-throughput screening and quantitative biology. The versatility of microplates in efficiently assaying multiple discrete biological reactions makes them indispensable in modern immunohematology practices. Additionally, the rising prevalence of hematological disorders, such as an estimated 4,500 new cases of leukemia annually, has further fueled the demand for microplates, as they are crucial in the testing and diagnosis processes.

With over 12,000 immunohematology tests conducted daily in Chile, these factors, combined with the competitive dynamics and technological advancements, have solidified the position of microplates as a dominant force in Chile's immunohematology market. Apart from this, technological advancements have also played a pivotal role in the growth of microplates within the market. Innovations in microplate design, such as the development of specialized coatings and surface treatments, have enhanced their functionality and application in immunohematology. The cost-effectiveness of microplates, ranging from $4 for standard plates to over $300 for specialized ones, makes them accessible for various applications, from routine testing to complex diagnostic procedures. Furthermore, the competitive landscape, characterized by significant investments in research and development of around $120 million annually, has led to the continuous improvement of microplate technologies, ensuring their relevance and efficiency in the market. The increasing awareness and initiatives surrounding blood donation, with over 160,000 blood donations recorded annually in Chile, and the importance of safe blood products have also contributed to the growth of the immunohematology market, indirectly boosting the demand for microplates.

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Antibody Screening Application is at the Revenue Epicenter of Chile’s Immunohematology Market, Contribute over 50.96% Revenue  

The market is currently dominated by the antibody screening segment, driven by several critical factors. One of the key reasons is the increasing incidence of blood-related disorders in Chile, necessitating advanced diagnostic methodologies. The antibody screening process is crucial for ensuring the safety and compatibility of blood transfusions, which is vital given the rising demand for blood and blood products in the country. The adoption of automated immunohematology analyzers in hospitals and blood banks has streamlined the screening process, making it more efficient and reliable. Furthermore, the integration of advanced technologies such as microplates, widely used in various immunohematology processes due to their high throughput and accuracy, has significantly contributed to the segment's dominance.

In 2023, over 60% of Chilean healthcare facilities adopted next-generation sequencing (NGS) techniques for enhanced antibody detection, showing growth momentum in the immunohematology market. The number of reported adverse blood transfusion reactions dropped by 15%, reflecting improved safety protocols. In the last one years, blood donations saw an increase, with over 180,000 units collected, highlighting the growing public awareness. The introduction of advanced screening assays has increased detection sensitivity by 40%. Additionally, over 70% of blood banks now utilize automated screening technologies, significantly reducing manual errors. The government has launched initiatives to train 1,000 healthcare professionals annually in advanced immunohematology techniques. The use of AI in antibody screening has improved diagnostic accuracy by 35%, while the integration of machine learning algorithms has reduced screening times by 20%.

Chile Immunohematology Market Key Players

• Abbott Laboratories
• Beckman Coulter, Inc.
• Becton, Dickinson, and Company
• Bio-Rad Laboratories, Inc.
• Grifols
• Immucor
• QuidelOrtho Corporation
• Siemens Healthcare GmbH
• Sysmex Corporation
• Thermo Fisher Scientific
• Other Prominent Players

Key Segmentation:

By Products

• Analyzers
  • Automatic Analyzers
  • Semi-automatic/Non-automatic Analyzers
• Reagents
  • Blood Typing Reagents
  • Antibody Screening Reagents
  • Compatibility Testing Reagents
  • Other Reagents

By Technology

• Biochips
• Gel Cards
• Microplates
• PCR
• Erythrocyte-magnetized Technology

By Application

• Antibody Screening
• Blood Typing
• Others

By End Use

• Hospitals
• Diagnostic Laboratories
• Blood Banks
• Academic and Research Institutes

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