Press release
Blood Preparation Market 2018 Prominent Players – Bristol-Myers, Baxter Healthcare, Shandong East Chemical, Pfizer, GlaxoSmithKline, AstraZeneca, Leo Pharma, Celgene and Sanofi Aventis
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.
Introduction of novel antithrombotic drugs exhibiting higher efficacy should drive blood preparation market size. Furthermore, presence of strong pipeline of drugs for thrombosis and other blood disorders will propel growth.
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Whole blood preparation market size was responsible for over 45% global income in 2015 and will reach nearly USD 29.5 billion by 2024. Anticoagulants led the overall antithrombotic and anticoagulants market share with revenue of over 60% in 2015 due to increasing prevalence of blood related diseases and growing demand for cost-effective and efficacious drugs.
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.
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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.
Key insights from the report include:
• Global Blood preparation market size will reach USD 64.3 billion by 2024, with more than 4% growth, due to increasing geriatric population base and rising awareness of thrombosis and other blood 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.
• 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.
• Key industry players are focusing on R&D to develop cost effective novel technologies to consolidate their market position.
Report Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Blood preparation industry 3600 synopsis, 2012 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Blood preparation Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2012 - 2024
3.3. Industry Impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing geriatric population
3.3.1.2. Presence of advanced technology for blood preparation and storage
3.3.1.3. Increasing usage of plasma in pharmaceutical industry
3.3.1.4. Rising demand for whole blood and blood components transfusion
3.3.2. Industry pitfalls & challenges
3.3.2.1. Risk of blood transmitted diseases and growing blood substitutes
3.4. Growth potential analysis
3.5. Porter’s analysis
3.6. PESTEL analysis
Chapter 4. Blood preparation Product Insights
4.1. Blood preparation market share by Product, 2015 & 2024
4.2. Whole Blood
4.2.1. Market estimates by region, 2012-2024 (USD Million)
4.2.2. Red Cells
4.2.2.1. Market estimates by region, 2012-2024 (USD Million)
4.2.3. Granulocytes
4.2.3.1. Market estimates by region, 2012-2024 (USD Million)
4.2.4. Plasma
4.2.4.1. Market estimates by region, 2012-2024 (USD Million)
4.2.5. Platelets
4.2.5.1. Market estimates by region, 2012-2024 (USD Million)
4.3. Blood Components
4.3.1. Market estimates by region, 2012-2024 (USD Million)
4.3.2. Whole Blood Components
4.3.2.1. Market estimates by region, 2012-2024 (USD Million)
4.3.3. Packed Red Cells
4.3.3.1. Market estimates by region, 2012-2024 (USD Million)
4.3.4. Leucocyte Reduced Red Blood Cells
4.3.4.1. Market estimates by region, 2012-2024 (USD Million)
4.3.5. Frozen Plasma
4.3.5.1. Market estimates by region, 2012-2024 (USD Million)
4.3.6. Platelet Concentrate
4.3.6.1. Market estimates by region, 2012-2024 (USD Million)
4.3.7. Cryoprecipitate
4.3.7.1. Market estimates by region, 2012-2024 (USD Million)
4.4. Blood Derivatives
4.4.1. Market estimates by region, 2012-2024 (USD Million)
Chapter 5. Blood preparation by Application
5.1. Blood preparation market share by application, 2015 & 2024
5.2. Pulmonary embolism
5.2.1. Market estimates by region, 2012-2024 (USD Million)
5.3. Thrombocytosis
5.3.1. Market estimates by region, 2012-2024 (USD Million)
5.4. Renal impairment
5.4.1. Market estimates by region, 2012-2024 (USD Million)
5.5. Angina blood vessel complications
5.5.1. Market estimates by region, 2012-2024 (USD Million)
5.6. Others
5.6.1. Market estimates by region, 2012-2024 (USD Million)
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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