openPR Logo
Press release

Blood Preparation Market – In-Depth Demand Analysis 2025 | Celgene, Bristol-Myers

12-20-2018 01:28 PM CET | Health & Medicine

Press release from: TMR Research

/ PR Agency: TMR Research
Blood Preparation Market – In-Depth Demand Analysis 2025 |

Global Blood Preparation Market: Snapshot

The process for preparing blood components is the centrifugation of one unit of the whole blood. The whole blood comprises of colloids, cells and crystalloids which can be differentiated into different blood components such as red blood cell, white blood cell, platelet, plasma, and precipitate. For therapeutic efficacy, these different blood components need different temperature requirements and storage conditions. The blood preparation market is developing due to the increasing use of leucocyte reduced RBCs, platelet concentrate, packed red cells, cryoprecipitate and the whole blood components. Major applications involves in blood preparation are renal impairment, pulmonary embolism, thrombocytosis, angina blood vessel complications which helps the market to grow rapidly. Increasing clinical research studies in hematology and emergence of various therapeutic agents help to treat the patients and improves the quality of life.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=1343

The growing demand for blood transfusion, highly needed blood during surgical procedures and increasing number of blood disorders to make up for extreme blood loss are stimulating the growth in blood preparation market. One of the primary factors which can obstruct the market growth is the high risk of blood transmission disease such as viral hemorrhagic fever, Hepatitis B and HIV. Nevertheless, the opportunities present in the market will be highly extended by the development of advanced technologies for separating the blood components. Many companies are involved in the development of newer high-speed technologies and instruments for easily preparing blood components. North America, Europe and Asia pacific are the influential region for the growth of the blood preparation market. Favorable reimbursement policies for blood components has been noticed in those regions. In Asia Pacific, India and China provides support for the development of advanced technology for the blood preparation process.

Global Blood Preparation Market: Overview

Blood components preparation involves the centrifugation of one unit of whole blood. Developed in 1960, the process is carried out by a specialized equipment known as a refrigerated centrifuge. Whole blood, which is a mixture of cellular elements, crystalloids, and colloids of varying relative density, size, and sediment rate can be separated by the application of centrifugal force.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=1343

According to the World Health Organization, every year almost 108 million units of donated blood is collected across the world. The whole blood needs to be separated into components that can be used for a different indication.

Global Blood Preparation Market: Key Trends

The rising demand for blood transfusion in the casualty department of hospitals is steering the growth of the global market for blood preparation. The increasing number of blood disorders and the increasing need for blood during surgical procedures and casualties to make up for blood loss are bolstering the growth of this market. According to the statistics of Center for Disease Prevention and Control, in the U.S., almost 1-2 per 1,000 individuals suffer from deep vein thrombosis (DVT) each year. To address this, the National Institutes of Health and other accredited bodies are running programs in order to raise awareness about the complications that these conditions can lead to.

However, the growth of the blood preparation market is impeded due to a single major restraint. Blood transfusion involves a high risk of transmission of diseases such as HIV, viral hemorrhagic fever, and Hepatitis B, thereby limiting its use for serious cases. Nevertheless, the development of newer high-speed technology for separating blood components will extend opportunities to this market.

Global Blood Preparation Market: Market Potential

With the development of high-speed technology for separating blood components, the blood preparation market is expected to reach new heights. Companies are engaged in the development of advanced instruments for the easy preparation of blood components. For example, Compomat G4 introduced by Fresenius Kabi can separate large volumes of blood at enhanced speed. Moreover, the rising demand for source plasma and the demand for specific blood constituents such as packed red blood cells will further present growth opportunities to this market.

The use of digital technology is another trend coming to the fore in blood preparation practices. In a recent industry development, BloodCenter of Wisconsin has introduced the utilization of radio frequency identification technology (RFID) for maintaining blood utilization and inventory records.

Read Comprehensive Overview of Report @
www.tmrresearch.com/blood-preparation-market

Global Blood Preparation Market: Regional Overview

The global market for blood preparation can be broadly segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is a significant regional market due to an ultra-modern healthcare infrastructure and use of hi-technology for treatment purposes. In the U.S., the entire process of blood transfusion right from collection to preparation to storage is controlled by the FDA. Various other federal agencies are striving for health insurance portability standards to come into effect for favorable reimbursements for blood components.

However, Asia Pacific is expected to display robust growth in the blood preparation market in the near future. Several governments, especially in China and India are extending support for technological advancements for blood preparation processes. The continual growth of the healthcare sector in Australia and Japan will also support the growth of the Asia Pacific market for blood preparation.

Global Blood Preparation Market: Competitive Analysis

Some of the leading players in the global market for blood preparation include Pfizer, AstraZeneca, Celgene, Bristol-Myers, Shandong East Chemical, GlaxoSmithKline, Leo Pharma, Sanofi-Aventis, and Baxter Healthcare.

Major players in this marker are investing heavily in research and development for the development of newer, effective, and cost-efficient drugs for several blood-related disorders. These companies are engaged in introducing new technologies and hiring expert personnel for the development of newer pipeline drugs to cater to the needs of the ever-increasing patient population.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blood Preparation Market – In-Depth Demand Analysis 2025 | Celgene, Bristol-Myers here

News-ID: 1453536 • Views: 130

More Releases from TMR Research

KEY OPINION LEADER MANAGEMENT MARKET SCOPE, SEGMENTATION, DEVELOPMENT AND OPPORT …
Global Key Opinion Leader Management Market: Snapshot Key opinion leaders (KOLs) are trustworthy, influential, and experts of a particular field in the healthcare industry. Relationships of a firm with these KOLs is of great importance to manage and build a strong healthcare profile. These key opinion leaders go a long way towards educating the scientific and medical communities as well as help in increasing awareness pertaining to the recent developments in
SMART WATER GRID MARKET NEWER SEGMENTS OF APPLICATION 2025
Global Smart Water Grid Market – Snapshot The global smart water grid market is foreseen to experience its development prodded on the back of the prerequisite of managing old infrastructure, rise in information and communication technology (ICT), gap between supply and demand, water shortage, and several other factors. So as to guarantee smooth supply of water and keep a tab on its equal supply, smart water grid technology is expected to
DIGITAL UTILITY MARKET EXPANSION PROJECTED TO GAIN AN UPTICK DURING 2025
Global Digital Utility Market: Snapshot In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3398 Rise in
WEB CONTENT MANAGEMENT MARKET VALUE PROJECTED TO EXPAND BY 2025
Global Web Content Management Market: Snapshot The global web content management market is anticipated to gain impetus due to the need for organizing and appropriately using content across various marketing channels such as social media and mobile, and not just the web. Web content management allows users to have a seamless web experience while helping organizations to digitally market their products and services. It helps both technical and non-technical users to

All 5 Releases


More Releases for Blood

Blood Donation Chair
Blood Donation Chair Size: 190 L * 92 W * 135 - 164 H cm Back plate, the angle of inclination of the leg plate. Height adjustment. The adjustments are all electrically controlled and easy to operate. This product comes with three LINAK motors Maximum load capacity: 240 kg Optional: CPR function, weighing function The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu,
Blood Group Typing Market Banks on Increasing Need for Blood, Blood Products, an …
The global blood group typing market is foreseen to garner a massive demand in the foreseeable future owing to certain factors such as the rising demand for blood and blood products. Nonetheless, the market growth could see an escalation on the back of other factors such as increasing prenatal testing which requires blood grouping, mounting count of road mishaps and trauma incidences requiring blood transfusion, and increasing application in forensic
Artificial Blood Market Development
Artificial Blood Market Potential According to the World Health Organization (WHO), there are around 50,000 stem cell transplantations performed annually worldwide, which include 2,000 cord blood hematopoietic stem cell transplants performed each year. Use of stem cells from cord blood is increasing, as it does not require perfect human leukocyte antigen (HLA) tissue matching, can be used allogenically, and has less incidence of graft v/s host disease. According to the New
Blood Group Typing Market Banks on Increasing Need for Blood, Blood Products, an …
The global blood group typing market is foreseen to garner a massive demand in the foreseeable future owing to certain factors such as the rising demand for blood and blood products. Nonetheless, the market growth could see an escalation on the back of other factors such as increasing prenatal testing which requires blood grouping, mounting count of road mishaps and trauma incidences requiring blood transfusion, and increasing application in forensic
Blood Bank Market 2017
ReportsWeb.com has announced the addition of the “Global Blood Bank Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Blood Bank industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and
Artificial Blood Market
Artificial blood is an artificially developed substitute for red blood cells. For decades, scientists have been trying to develop artificial blood from various sources and through different methods to address the shortage of blood for transfusions. Inadequate number of blood donors and the criticality of blood-type rejection have encouraged researchers to develop artificial blood, thus reducing the dependency on blood donors. Transfusion of red blood cells (RBCs) is a standard