Blood Preparation Market Industry Analysis| Top Companies: AstraZeneca, Baxter Healthcare, Bristol-Myers Squibb, Celgene, GlaxoSmithKline Pharma GmbH, LEO Pharma, Pfizer, Sanofi

Rising geriatric population base, technology advancements and increasing patient awareness levels will stimulate global blood preparation market size. Increasing blood disorder prevalence and rising emergency surgeries in hospitals should boost industry growth.

Increased acceptance of advanced blood testing technologies has accelerated accurate diagnosis of hematological disorders. However, chances of transmission of diseases such as, HIV, syphilis, AIDS, Hepatitis B and C during blood transfusion should remain a major concern for the business.

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Based on products, the industry is segmented into whole blood, components and derivatives. Whole blood segment dominated the industry contributing to the highest revenue share of over 48%, followed by derivatives with over 34% of global market share for 2015. Components will also manifest a decent forecast growth due to increasing use of packed red cells, leucocyte reduced RBCs, frozen plasma, platelet concentrate, cryoprecipitate and whole blood components.

Major industry applications include thrombocytosis, pulmonary embolism, renal impairment and angina blood vessel complications. Thrombocytosis and Pulmonary embolism (PE) are the leading causes of death, together attributing to over 43% of market size for 2015. Continuing clinical research studies in hematology and advent of novel therapeutic agents to treat patients and improve their quality of life will drive industry growth.

Based on antithrombotic and anticoagulants, the industry is segmented into platelet aggregation inhibitors, fibrinolytics and anticoagulants. Anticoagulants led the overall industry with USD 17 billion in 2015, due to growing geriatric population base, increasing occurrence of thrombosis related disorders and increasing demand for rapid and more efficacious drugs. Increasing government initiatives in creating awareness related to the prevention of thrombosis disorders will expand the business consumer base.

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U.S. will lead the industry due to increasing thrombocytosis disorder incidence, high patient awareness levels and presence of a robust healthcare infrastructure. FDA regulates collection, storage, and transport of blood and also works in collaboration with other agencies to implement health insurance for reimbursement for blood components.

Developed healthcare infrastructure across Germany and France and other EU nations will expand Europe market size.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

 AstraZeneca
 Baxter Healthcare
 Bristol-Myers Squibb
 Celgene
 GlaxoSmithKline Pharma GmbH
 LEO Pharma
 Pfizer
 Sanofi

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China and India will experience robust industry growth owing to high number of blood-associated disorders, high unmet needs and various initiatives taken by governments. The positive growth of healthcare sector across Australia and Japan will also support regional share expansion.

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