openPR Logo
Press release

Blood and Blood Components Market Pivotal Players | American Association of Blood Banks, American Red Cross, Australian Red Cross, AVIS National, Carter BloodCare, Indian Red Cross, National Blood Authority Australia, OneBlood, South African National Bloo

02-12-2019 11:28 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Blood and Blood Components Market

Blood and Blood Components Market

Increasing incidence of trauma and road accidents has stimulated demand for blood and blood components. Blood transfusion assists in maintaining oxygen levels, preserving organ function and supports tissue healing process in burn patients. As per U.S. NIH data, traumatic injury is foremost reason of mortality among 1-40 years old people, out of which around 10-20% of deaths are preventable. Uncontrolled hemorrhage post 6 hours of injury is prime reason of avoidable death, among traumatic injury patients.

Increasing number of surgeries requiring whole blood will act as high impact rendering factor for blood and blood components market growth. Nearly 1.32 caesarean sections were performed in European region in the year 2016. Moreover, technological advancements in blood transfusion technique, instruments and donor screening has enabled utilization of only required blood components during transfusion in comparison to conventional technique of using whole blood during transfusion.

Blood and Blood Components Market size is set to exceed USD 43.5 billion by 2024; according to a new research report by Global Market Insights.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/3067

Growing prevalence of bleeding disorders such as Hemophilia will support industry growth. Nearly 20,000 men in the U.S., suffer from hemophilia. However, risk of developing infection post blood transfusion coupled with growing demand for non-invasive surgeries that does not require blood transfusion will hamper industry expansion to certain extent over the coming years.

Blood components product segment estimated to reach over 6.6 billion by 2024, includes red blood cells, platelets, plasma and white blood cells. Growing demand for blood components along with development of apheresis allowing separation of specific blood component that is required, while returning remainder to circulation will drive segment growth during the forecast period. Red blood cells are generally given to newborns, emergency transfusions during birth, sickle cell anemia patients, and trauma patients. Increasing prevalence of such condition will drive red blood cells component segment.

Cancer treatment application segment is estimated to witness lucrative growth of 4.7% during the forecast timeframe owing to increasing number of people suffering from the target disease. Surgery as a treatment to cancer patient requires transfusion of platelets or red blood cells, chemotherapy drugs and radiation affect bone marrow cells resulting in low blood cell counts should drive segmental growth. Growing number of surgeries and other treatments such as chemotherapy performed in hospitals will drive hospital end-user segment during the forecast period, to reach 27.4 billion by 2024.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/3067

U.S. blood and blood components market dominated the global industry with more than 35% market share in 2017. Rising number of surgeries coupled with increasing prevalence of disorders including anemia and cancer will drive industry growth. Rising awareness regarding significance of blood donation will render positive impact on U.S. market during the forecast period.

Saudi Arabia blood and blood components market accounted for 38.6% market share of Middle east and Africa region in 2017 owing to growing adoption of enhanced transfusion services along with rising incidences of anemia. Sickle cell disease is endemic among eastern and southern parts of Saudi Arabia, thereby stimulating demand for blood components in the region.

Few notable players operating in blood and blood components market are German Red Cross, American Red Cross, Australian Red Cross Blood Service, Blood Centers of America among other players. Industry players are currently adopting various strategies such as organizing free blood checkup and blood donation camps to create awareness about importance of blood donation thereby escalating number of blood donation units to fulfil recurring demand for blood and blood components.

Report Content

Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary

Chapter 2. Executive Summary
2.1. Blood and blood components industry 3600 synopsis, 2013 – 2024 (USD Million)
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-use trends
2.1.5. Regional trends

Chapter 3. Blood and Blood Components Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing worldwide prevalence of chronic and infectious diseases
3.3.1.2. Increasing number of trauma cases
3.3.1.3. Expanding geriatric population coupled with growing applications of blood derivatives
3.3.1.4. Rising awareness regarding blood donations in developing countries
3.3.2. Industry pitfalls and challenges
3.3.2.1. Risk of transmission of infections
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By application
3.4.3. By end-use
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.6. Industry ecosystem
3.6.1. Supply chain analysis
3.7. Porter’s analysis
3.8. Competitive landscape,2017
3.8.1. Strategy dashboard
3.9. PESTEL analysis

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
Blog : http://news-researchers.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 and Blood Components Market Pivotal Players | American Association of Blood Banks, American Red Cross, Australian Red Cross, AVIS National, Carter BloodCare, Indian Red Cross, National Blood Authority Australia, OneBlood, South African National Bloo here

News-ID: 1580293 • Views: 210

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

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,
Global Blood Plasma Market
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis Global Blood Plasma Market. The report analyses the Blood Plasma Market By Type (Immunoglobulins- IV+SC, Albumin, Factor VIII- Plasma Derived, and Others), By Region (North America, Europe, Asia Pacific, Rest of the World) and By Country (U.S, Canada, Germany, France, Italy, China, Japan, India, Australia,
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 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