The global blood processing devices and consumables market size reached US$ 48.68 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 75.22 Billion by 2028, exhibiting a growth rate (CAGR) of 7.40% during 2023-2028. The rising demand for blood and its products, supportive policies by governmental and non-governmental organizations, and the recent development of a closed blood sampling system represent some of the key factors driving the market.
Blood processing devices and consumables refer to tools and materials used in the collection, processing, and transfusion of blood and its products. It includes tubes, bags, centrifuges, vials, freezers, filters, needles and syringes, blood culture systems, and plasma thawing devices. They are manufactured using various materials, such as plastic, glass, rubber, stainless steel, and titanium. Blood processing devices and consumables are widely used for blood storage, transport, separation, filtering, typing and cross-matching, irradiation, apheresis, and blood processing system. They enhance safety, increase efficiency, extend blood shelf-life, and minimize the risk of contamination, infections, and transfusion-related complications. Blood processing devices and consumables also aid in maintaining quality standards, reducing wastage, eliminating the need for manual sample handling, and ensuring the availability of blood and its products to healthcare facilities.
Blood processing devices and consumables refer to tools and materials used in the collection, processing, and transfusion of blood and its products. It includes tubes, bags, centrifuges, vials, freezers, filters, needles and syringes, blood culture systems, and plasma thawing devices. They are manufactured using various materials, such as plastic, glass, rubber, stainless steel, and titanium. Blood processing devices and consumables are widely used for blood storage, transport, separation, filtering, typing and cross-matching, irradiation, apheresis, and blood processing system. They enhance safety, increase efficiency, extend blood shelf-life, and minimize the risk of contamination, infections, and transfusion-related complications. Blood processing devices and consumables also aid in maintaining quality standards, reducing wastage, eliminating the need for manual sample handling, and ensuring the availability of blood and its products to healthcare facilities.
Blood Processing Devices and Consumables Market Trends:
The rising demand for blood and its various products, such as white blood cells (WBCs), red blood cells (RBCs), and plasma, due to increasing numbers of surgical procedures, is one of the primary factors propelling the market growth. Blood processing devices and consumables are widely used in healthcare facilities to collect, process, transport, and store blood products, as they ensure safety, improve clinical efficiency, enhance patient safety, maintain blood efficacy, and prevent contaminations. In addition to this, the growing number of blood-related disorders, such as sickle cell anemia and thalassemia, is acting as another growth-inducing factor. Furthermore, the implementation of supportive policies by governmental and non-governmental organizations to promote blood donation, educate the masses, and provide funding for blood collection and processing programs is positively influencing the market growth. Additionally, the recent development of a closed blood sampling system, which utilizes a needleless connection between the blood collection set and the blood bag to reduce the risk of infection, contamination, and needlestick injuries, is providing an impetus to the market growth. Besides this, the introduction of automated blood processing systems, which carry out multiple steps simultaneously, thus improving overall efficiency, reducing manual labor, minimizing operational costs, and saving time, is contributing to market growth. Moreover, the rising demand for point-of-care testing that allows healthcare professionals to perform blood tests and collect samples quickly at patients' homes is strengthening the market growth. Other factors, including the rapid expansion of the healthcare industry, increasing investments in the development of advanced devices, and the rising number of trauma cases, such as accidents, violence, and natural disaster, are anticipated to drive the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global blood processing devices and consumables market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product and end user.Product Insights:
- Blood Processing Devices
- Blood Bank Freezers
- Blood Grouping Analyzers
- Blood Warmer
- Blood Cell Processers
- Others
- Blood Processing Consumables
- Blood Bags
- Blood Lancets
- Vials
- Blood Administration Sets
- Others
End User Insights:
- Hospitals and Clinics
- Diagnostic Laboratories
- Others
Regional Insights:
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global blood processing devices and consumables market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Abbott Laboratories, BioMerieux SA (Institut Mérieux), Bio-Rad Laboratories Inc, Danaher Corporation, Grifols S.A., Haemonetics Corporation, Macopharma, Roche Holding AG, Terumo Corporation, Thermo Fisher Scientific Inc., ThermoGenesis Holdings, Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global blood processing devices and consumables market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global blood processing devices and consumables market?
- What is the impact of each driver, restraint, and opportunity on the global blood processing devices and consumables market?
- What are the key regional markets?
- Which countries represent the most attractive blood processing devices and consumables market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the blood processing devices and consumables market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the blood processing devices and consumables market?
- What is the competitive structure of the global blood processing devices and consumables market?
- Who are the key players/companies in the global blood processing devices and consumables market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Blood Processing Devices and Consumables Market
6 Market Breakup by Product
7 Market Breakup by End User
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Abbott Laboratories
- BioMerieux SA (Institut Mérieux)
- Bio-Rad Laboratories Inc
- Danaher Corporation
- Grifols S.A.
- Haemonetics Corporation
- Macopharma
- Roche Holding AG
- Terumo Corporation
- Thermo Fisher Scientific Inc.
- ThermoGenesis Holdings Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 48.68 Billion |
| Forecasted Market Value ( USD | $ 75.22 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
