Press release
Blood Preparation Market Detail Analysis focusing on Key Players like Pfizer, Sanofi, AstraZeneca GSK, Baxter, Celgene & more
Blood Preparation
Blood Preparation Market size will reach USD 64.38 billion by 2024. Increasing geriatric population and rising prevalence of chronic diseases such as diabetes, glomerulonephritis will increase the patient pool requiring transfusion. Furthermore, favorable government initiatives to spread the awareness regarding blood disorders will drive the business growth. For instance, NIH and CDC are organizing awareness programs to prevent thrombosis-related complications within the country.
Technological advancements in testing equipments such as centrifuges and analyzers have enabled rapid and accurate diagnostics of hematological disorders. Early diagnosis of disorders coupled with increasing number of cost-effective therapeutic drugs should accelerate forecast industry growth. However, acquiring blood transmitted diseases such as HIV, Hepatitis B during transfusion is a major restraint for the industry growth.
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U.S. blood preparation market is poised to exceed 25 billion by 2024 owing to initiatives taken by regulatory organizations to spread awareness about the complications associated with pulmonary embolism (PE) and deep vein thrombosis (DVT). FDA regulates collection, storage, preparation, and transport of blood and collaborating with other agencies for implementation of health insurance to achieve adequate reimbursement for blood components.
France and Germany will be frontrunners from Europe, with German revenue to exceed USD 4.2 billion owing to the growing aging population and better healthcare facilities. China holds majority regional revenue share owing to high population with unmet needs, growing geriatric population base, and rise in patient awareness levels. Moreover, introduction of advanced technological products and rising healthcare expenditures will drive the blood preparation industry share.
Pfizer, Sanofi, AstraZeneca GSK, Baxter, and Celgene are major companies, spending heavily in R&D for rapid acting, effective, and cheap drugs for the treatment of thrombocytosis and other associated disorders.
U.S. dominates the industry contributing to share of over 90% of regional revenue. The blood preparation market size was valued at USD 19.1 billion in 2015 with growth expectations of 3.5% through the forecast period.
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Germany and France will drive industry by collectively attributing to over 45% of regional revenue share by 2024. France will grow at a faster rate of 2.3% while Germany will grow at 1.8% CAGR during the forecast period.
Japan have contributed to over 51% of regional revenue share with USD 4.3 billion in 2015 and expected to manifest robust growth of 5.9% during the forecast timeframe.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Blood Preparation Industry Insights
Chapter 4 Blood preparation Product Insights
Chapter 5. Blood preparation by Application
Chapter 6. Blood preparation by Antithrombotic and Anticoagulants
Chapter 7. Blood preparation Regional Insights
Chapter 8. Company Profiles
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Related Report:
United States Blood Preparation Market Report 2017
In this report, the United States Blood Preparation market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-blood-preparation-market-report-2017/?utm_source=RR-PSR
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