IMARC Group, a leading market research company, has recently releases report titled “Blood Processing Devices and Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global blood processing devices and consumables market growth, size, share, trends, and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the blood processing devices and consumables market?
The global blood processing devices and consumables market size reached US$ 48.68 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 75.22 Billion by 2028, exhibiting a growth rate (CAGR) of 7.40% during 2023-2028.
What are blood processing devices and consumables?
Blood processing devices and consumables are specialized equipment and materials used in the field of medical and clinical laboratories for handling and processing blood samples. These devices and consumables play a crucial role in various medical procedures, including blood transfusions, blood testing, and diagnostic evaluations. These devices encompass a wide range of equipment, such as centrifuges, blood analyzers, blood bag tube sealers, and refrigerated storage units. They are designed to ensure the proper handling, separation, and preservation of blood components, such as red blood cells, plasma, and platelets. They are often equipped with advanced features, such as automated processing, temperature control, and sterile processing capabilities to maintain the integrity and safety of the blood samples. They are essential in clinical settings, blood banks, and research laboratories, enabling healthcare professionals to carry out vital blood-related procedures with precision and efficiency.
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What are the growth prospects and trends in the blood processing devices and consumables industry?
The blood processing devices and consumables market is driven by the increasing demand for blood transfusions and blood-related procedures due to the rising prevalence of chronic diseases, surgical interventions, and trauma cases. Moreover, with the growing global population and an aging demographic, the need for blood products is escalating. Besides, continual advancements in technology have led to the development of automated blood processing systems that streamline workflows, enhance productivity, and minimize human error. These systems enable efficient separation of blood components, accurate labeling and tracking of blood products, and real-time monitoring of inventory and storage conditions. Furthermore, partnerships with blood banks, hospitals, and research institutions can enable market players to establish a strong presence and cater to the evolving needs of the healthcare sector. This is creating a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Market Breakup by Product:
- 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
Market Breakup by End User:
- Hospitals and Clinics
- Diagnostic Laboratories
- Others
Market Breakup by Region:
- 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
Who are the key players operating in the industry?
The report covers the major market players including:
- 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
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