The blood transfusion devices global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Blood Transfusion Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The blood transfusion devices market size has grown strongly in recent years. It will grow from $4.77 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to the rising prevalence of chronic diseases necessitating blood transfusions, increasing surgical procedures globally requiring blood transfusions, growing awareness about blood donation and its life-saving impact, rising demand for advanced blood transfusion devices in emergency care and increasing adoption of automated blood collection systems.
The blood transfusion devices market size is expected to see strong growth in the next few years. It will grow to $6.65 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for blood transfusion devices due to the aging population, growing focus on improving blood safety through advanced screening technologies, rising investments in developing next-generation transfusion devices, increasing healthcare expenditure in emerging markets boosting device adoption and growing government initiatives promoting blood donation and safe transfusion practices. Major trends in the forecast period include technological advancements in blood transfusion devices improving efficiency and safety, increasing integration of AI and IoT in transfusion devices for better monitoring and control, rising adoption of portable blood transfusion devices for remote and emergency applications, growing preference for minimally invasive transfusion techniques and expansion of blood transfusion services in low-resource regions enhancing market growth.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/blood-transfusion-devices-global-market-report
Scope Of Blood Transfusion Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Blood Transfusion Devices Market Overview
Market Drivers –
Increasing accidents and trauma cases are expected to propel the growth of the blood transfusion devices market going forward. Accidents and trauma cases are rising due to increased urbanization, higher vehicle usage, and unsafe road conditions. Blood transfusion devices are essential in accidents and trauma cases for rapidly administering life-saving blood products to stabilize patients and manage severe hemorrhaging. For instance, in July 2024, according to the National Safety Council (NSC) Injury Facts, a US-based safety organization, motor-vehicle fatalities in the US reached 20,900 in the first half of 2024, nearly unchanged from 20,930 in the same period of 2023, despite a 0.8% increase in mileage from 2023 and a 3.1% rise from 2022. Therefore, increasing accidents and trauma cases are driving the growth of the blood transfusion devices market.
Market Trends –
Major companies operating in the blood transfusion devices market are focusing on developing advanced blood grouping and testing solutions to gain a competitive advantage. Blood grouping and testing solutions are medical tools and reagents used to determine a person’s blood type and ensure compatibility for transfusions. For instance, in June 2024, Innobiochips, a France-based biopharmaceutical company, launched Omnys, an innovative blood transfusion device. Omnys is specifically designed for transfusion applications and enhances laboratory productivity and accuracy through multiplex analysis. This allows for high-resolution testing of blood components, including standard ABO/D typing and extended phenotyping. The device integrates various technologies to streamline the blood testing process, significantly reducing the number of wells needed for testing and minimizing waste.
The blood transfusion devices market covered in this report is segmented –
1) By Product Type: Pathogen Reduction System, Apheresis Devices, Blood Component Separator, Blood Bag And Accessory, Venous Access Devices, Other Product Types
2) By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics And Gynecological Surgeries, Other Applications
3) By End User: Hospital, Ambulatory Surgical Centers, Blood Bank, Other End Users
Get an inside scoop of the blood transfusion devices market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19341&type=smp
Regional Insights –
North America was the largest region in the blood transfusion devices market in 2023. The regions covered in the blood transfusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the blood transfusion devices market are Fresenius Kabi AG, Becton Dickinson and Company, Baxter International Inc., Medline Industries LP, Grifols SA, Terumo Corporation, Bio-Rad Laboratories Inc, LivaNova PLC, Haemonetics Corporation, Sarstedt AG & Co KG, STRATEC Biomedical AG, Cerus Corporation, Charter Medical Ltd, Kawasumi Laboratories Inc., Macopharma SA, GenesisBPS Inc., Mediware Information Systems Inc., EryPharm, Glycorex Transplantation AB, Werfen S.A.
Table of Contents
1. Executive Summary
2. Blood Transfusion Devices Market Report Structure
3. Blood Transfusion Devices Market Trends And Strategies
4. Blood Transfusion Devices Market – Macro Economic Scenario
5. Blood Transfusion Devices Market Size And Growth
…..
27. Blood Transfusion Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
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
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
