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Blood Processing Equipment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global blood processing equipment market is assessed to value over US$ 49 billion by the end of 2026 and expand at a CAGR of over 7.5% during the forecast period of 2019-2026. Blood processing equipment utilizes the collection of blood and mana
Blood Processing Equipment Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
The global blood processing equipment market is assessed to value over US$ 49 billion by the
end of 2026 and expand at a CAGR of over 7.5% during the forecast period of 2019-2026.
Blood processing equipment utilizes the collection of blood and managing of the blood sample.
It's primarily used as a material for the construction of white blood Cells, plasma platelets and
other components. The equipment is vastly used for blood transfusion and to convert whole
blood injected in various blood components. It has been estimated by industry experts that 70
million surplus units of blood are diffuse each year in developed countries. In these countries,
the safety of the blood remains the first priority concern of the government and manufacturers.
The advantages of the equipment include reducing human intercession with very little
contamination chances and shortening the time period of blood processing by reducing the
managing steps. Rising widespread of metabolic diseases and growing traumatic injuries created
a huge demand for blood transfusion and processing equipments. Rigid government policies and
regulations had a positive impact on the market and fuelled its growth. The presence of
unbending guidelines made by U.S FDA related to stockroom requirements of plasma particles
blended with the rising need for blood components because of growth in population are the
factors that predict to deliver avenues for gainful growth in refrigeration applications.
Technological advancements have vastly improved the traditional equipment and led to the
development of multiple modality equipments. Further, the rising importance of processing
equipment in the prevention of diseases transmissions boosted the growth. However, lack of
trained operators is restraining the growth of the market. Reluctance of adoption of automated
blood processing systems is also hindering the growth of the market.
Asia Pacific region dominated the global market due to the high prevalence of metabolic diseases
and traumatic injuries. It is majorly dominated by China, Japan, and India due to the huge
demand of processing equipment among the end user segment. It is followed by developed
economies like North America and Europe. Latin America and Rest of World is fast growing
regions due to increasing adoption and changing government policies. They are expected to
remain the same throughout the forecast period.
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Blood Processing Equipment Market Restraints:
• Lack of trained operators
• Unwillingness to the adoption of automated blood processing systems
Blood Processing Equipment Market Players Include:
• SARSTEDT AG & Co.
•
Becton Dickinson,
• Medtronic,
• Terumo Corp,
• Greiner Bio-One International Gmbh and others
Blood Processing Equipment Market Segmentation
By Product Type
• Blood Bank Freezers/Refrigerators
• Blood Cell Processors
•
•
Hematocrit Centrifuges
Blood collection consumables and supplies
By End User
• Hospitals
• Blood Banks
• Blood Component Suppliers
• Clinics
• Outpatient Centre
By Region:
• Asia-Pacific
• North America
• Europe
• Latin America
• Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
•
Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
•
SWOT analysis
•
Key trends
•
Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global blood processing equipment market by
product type, by end-user, by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints,
opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market.
• To predict the market size, in key regions (along with countries)—North America, Europe,
Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches, technological
advancements, mergers and expansions.
• Profiling of companies to evaluate their market shares, strategies, financial and core
competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for
our clients. Through in-depth market insights and consultancy, we present our clients with the tools
they need to be at the forefront of their industry – a position secured for far more than the near
future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John263   documents Email
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