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Blood Transfusion Devices Market Size, Trends, Analysis, and Outlook By Product (Blood Bag and Accessory, Blood Mixer, Filter, Blood Component Separator, Apheresis Device, Pathogen Reduction System, Consumables and Supplies, Others), By End-User (Hospital, Ambulatory Surgical Centers, Blood Bank, Others), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: BB68C90D70AEEN
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The global Blood Transfusion Devices market size is poised to register 6.5% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Blood Transfusion Devices market across By Product (Blood Bag and Accessory, Blood Mixer, Filter, Blood Component Separator, Apheresis Device, Pathogen Reduction System, Consumables and Supplies, Others), By End-User (Hospital, Ambulatory Surgical Centers, Blood Bank, Others)

With the increasing demand for blood transfusions in surgical procedures, trauma care, and cancer treatments, there is a growing need for advanced transfusion technologies that ensure accurate and timely delivery of blood products to patients. Market growth is driven by factors such as expanding healthcare infrastructure, rising prevalence of chronic diseases and blood disorders, and advancements in blood component separation and leukoreduction techniques. Additionally, the expanding applications of blood transfusion devices in hospitals, emergency departments, and blood banks, as well as the adoption of safety-enhanced blood collection and administration systems, contribute to market expansion. Further, the emphasis on transfusion safety, compatibility testing, and traceability, along with efforts to standardize transfusion protocols and reduce transfusion-related complications, is expected to further propel market growth in the coming years.

Blood Transfusion Devices Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Blood Transfusion Devices market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Blood Transfusion Devices survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Blood Transfusion Devices industry.

Key market trends defining the global Blood Transfusion Devices demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Blood Transfusion Devices Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Blood Transfusion Devices industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Blood Transfusion Devices companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Blood Transfusion Devices industry

Leading Blood Transfusion Devices companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Blood Transfusion Devices companies.

Blood Transfusion Devices Market Study- Strategic Analysis Review

The Blood Transfusion Devices market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Blood Transfusion Devices Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Blood Transfusion Devices industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Blood Transfusion Devices Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Blood Transfusion Devices Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Blood Transfusion Devices market segments. Similarly, Strong market demand is encouraging Canadian Blood Transfusion Devices companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Blood Transfusion Devices market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Blood Transfusion Devices Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Blood Transfusion Devices industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Blood Transfusion Devices market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Blood Transfusion Devices Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Blood Transfusion Devices in Asia Pacific. In particular, China, India, and South East Asian Blood Transfusion Devices markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Blood Transfusion Devices Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Blood Transfusion Devices Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Blood Transfusion Devices market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Blood Transfusion Devices.

Blood Transfusion Devices Market Company Profiles

The global Blood Transfusion Devices market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are 3M Company, B. Braun Melsungen AG, Becton Dickinson and Company, Ecomed Solutions LLC, Fresenius Kabi AG, Grifols SA, Haemonetics Corp, Immucor Inc, Kaneka Corp, Kawasumi Laboratories Inc, Macopharma SA, Terumo Corp.

Recent Blood Transfusion Devices Market Developments

The global Blood Transfusion Devices market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Blood Transfusion Devices Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Blood Bag and Accessory

Blood Mixer

Filter

Blood Component Separator

Apheresis Device

Pathogen Reduction System

Consumables and Supplies

Others

By End-User

Hospital

Ambulatory Surgical Centers

Blood Bank

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

3M Company

B. Braun Melsungen AG

Becton Dickinson and Company

Ecomed Solutions LLC

Fresenius Kabi AG

Grifols SA

Haemonetics Corp

Immucor Inc

Kaneka Corp

Kawasumi Laboratories Inc

Macopharma SA

Terumo Corp

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Blood Transfusion Devices Market Overview and Key Findings, 2024
1.2 Blood Transfusion Devices Market Size and Growth Outlook, 2021- 2030
1.3 Blood Transfusion Devices Market Growth Opportunities to 2030
1.4 Key Blood Transfusion Devices Market Trends and Challenges
  1.4.1 Blood Transfusion Devices Market Drivers and Trends
  1.4.2 Blood Transfusion Devices Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Blood Transfusion Devices Companies

2. BLOOD TRANSFUSION DEVICES MARKET SIZE OUTLOOK TO 2030

2.1 Blood Transfusion Devices Market Size Outlook, USD Million, 2021- 2030
2.2 Blood Transfusion Devices Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. BLOOD TRANSFUSION DEVICES MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. BLOOD TRANSFUSION DEVICES MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Product
Blood Bag and Accessory
Blood Mixer
Filter
Blood Component Separator
Apheresis Device
Pathogen Reduction System
Consumables and Supplies
Others
By End-User
Hospital
Ambulatory Surgical Centers
Blood Bank
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Blood Transfusion Devices Market, 2025
5.2 Asia Pacific Blood Transfusion Devices Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Blood Transfusion Devices Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Blood Transfusion Devices Market, 2025
5.5 Europe Blood Transfusion Devices Market Size Outlook by Type, 2021- 2030
5.6 Europe Blood Transfusion Devices Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Blood Transfusion Devices Market, 2025
5.8 North America Blood Transfusion Devices Market Size Outlook by Type, 2021- 2030
5.9 North America Blood Transfusion Devices Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Blood Transfusion Devices Market, 2025
5.11 South America Pacific Blood Transfusion Devices Market Size Outlook by Type, 2021- 2030
5.12 South America Blood Transfusion Devices Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Blood Transfusion Devices Market, 2025
5.14 Middle East Africa Blood Transfusion Devices Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Blood Transfusion Devices Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Blood Transfusion Devices Market Size Outlook and Revenue Growth Forecasts
6.2 US Blood Transfusion Devices Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Blood Transfusion Devices Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Blood Transfusion Devices Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Blood Transfusion Devices Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Blood Transfusion Devices Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Blood Transfusion Devices Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Blood Transfusion Devices Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Blood Transfusion Devices Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Blood Transfusion Devices Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Blood Transfusion Devices Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Blood Transfusion Devices Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Blood Transfusion Devices Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Blood Transfusion Devices Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Blood Transfusion Devices Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Blood Transfusion Devices Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Blood Transfusion Devices Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Blood Transfusion Devices Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Blood Transfusion Devices Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Blood Transfusion Devices Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Blood Transfusion Devices Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Blood Transfusion Devices Industry Drivers and Opportunities

7. BLOOD TRANSFUSION DEVICES MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. BLOOD TRANSFUSION DEVICES COMPANY PROFILES

8.1 Profiles of Leading Blood Transfusion Devices Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics

3M COMPANY

B. Braun Melsungen AG
Becton Dickinson and Company
Ecomed Solutions LLC
Fresenius Kabi AG
Grifols SA
Haemonetics Corp
Immucor Inc
Kaneka Corp
Kawasumi Laboratories Inc
Macopharma SA
Terumo Corp.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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