The Business Research Company’s report on the Blood Preparation Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the blood preparation market further?
The increasing number of blood donations worldwide is expected to boost the growth of the blood preparation market going forward. Blood donation refers to the process of donating blood to save the lives of others. It makes blood transfusion possible as a life-sustaining and life-saving treatment. Patients require blood to survive surgeries, cancer treatment, chronic illnesses, and traumatic traumas. It enables transfusion during the blood preparation process, ensuring that blood is always available whenever and wherever it is required. For instance, according to the Red Cross Blood, a US-based biotechnology research company, in 2023, approximately 6.8 million people donate blood, and around 13.6 million units of whole blood and red blood cells will be collected annually. Therefore, rising in blood donation is driving the growth of the blood preparation market.
Access Your Free Sample of the Global Blood Preparation Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10230&type=smp
What are the key factors influencing the forecasted market size of the blood preparation industry?
The blood preparation market size has grown strongly in recent years. It will grow from$48.03 billion in 2024 to $51.28 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rise in blood transfusion procedures, increasing prevalence of blood disorders, growing awareness of blood safety, global initiatives for blood donation, government regulations and standards
The blood preparation market size is expected to see strong growth in the next few years. It will grow to “$66.59 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to rising demand for blood components, personalized medicine approaches, emerging therapies and applications, global healthcare infrastructure development. Major trends in the forecast period include automation and integration of blood processing systems, demand for pathogen-reduced blood components, customization and personalization in blood components, focus on platelet-rich plasma (PRP) and platelet-rich fibrin (PRF), regulatory compliance and stringent quality standards.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=10230&type=smp
Who are the leading competitors in the blood preparation market?
Major companies operating in the blood preparation market include AstraZeneca PLC, Sanofi, LEO Pharma A/S, Bristol-Myers Squibb Company, Baxter International Inc, Pfizer Inc, Portola Pharmaceuticals Inc, GlaxoSmithKline PLC, Bayer AG, Boehringer Ingelheim, Celgene Corp, Shandong East Chemical Industry Co., Xiamen Hisunny Chemical Co. LTD, Merck & Co., Amgen Inc., Takeda Pharmaceutical Company Limited, Novartis AG, Johnson & Johnson, Gilead Sciences Inc., Regeneron Pharmaceuticals Inc., AbbVie Inc., Roche Holding AG, CSL Behring, BioMarin Pharmaceutical Inc., Genentech Inc., Sandoz International GmbH, Medtronic plc, Fresenius Kabi AG, Grifols S.A., HemaCare Corporation, Terumo Corporation
Which emerging trends are set to transform the blood preparation market landscape?
Technological advancements are a key trend gaining popularity in the blood preparation market. Major companies operating in the blood preparation market are focused on innovating new technological solutions to sustain their position in the market. For instance, in June 2024, Innobiochips, a France-based biotechnology company, launched Omnys. Which is an advanced blood grouping and testing solution designed to greatly improve the efficiency and precision of blood transfusion processes. Leveraging patented multiplex technologies, it enables high-resolution testing of blood components, such as ABO/D typing, phenotyping, extended phenotyping, and antibody screening. This comprehensive system integrates testing devices, reagents, and consumables to streamline workflows, allowing healthcare facilities and laboratories to perform accurate blood analyses using minimal sample volumes.
How do different geographies compare in terms of market share and growth potential in the blood preparation market?
North America was the largest region in the blood preparation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global blood preparation market during the forecast period. The regions covered in the blood preparation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/blood-preparation-global-market-report
Which major segments of the blood preparation market are experiencing the fastest growth?
The blood preparation market covered in this report is segmented –
1) By Product: Whole Blood, Blood Components, Blood Derivatives
2) By Antithrombotic And Anticoagulants Type: Platelet Aggregation Inhibitors, Fibrinolytics, Anticoagulants
3) By Application: Transfusion, Diagnostics, Research
4) By End User: Hospitals, Clinics, Blood Banks, Other End-Users
Subsegments:
1) By Whole Blood: Fresh Whole Blood, Stored Whole Blood
2) By Blood Components: Red Blood Cells (RBC), Platelets, Plasma, White Blood Cells (WBC)
3) By Blood Derivatives: Immunoglobulins, Coagulation Factors, Albumin, Fibrinogen
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10230
How is the blood preparation market defined, and what are its core characteristics?
Blood preparation refers to the process of collecting, processing, and storing blood and blood components for use in transfusions or other medical treatments. The blood preparation process involves donor screening, blood collection, testing, storage, and transfusion.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
