Patient Blood Management Market 2020-2030: Covid 19 Growth And Change

The Business Research Company offers "Patient Blood Management Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global patient blood management market is expected to decline from $10.2 billion in 2019 to $9.95 billion in 2020 at a compound annual growth rate (CAGR) of -2.42%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The postponement of non-essential surgical procedures due to the COVID 19 lockdown also impacted the market in 2020. The market is then expected to recover and reach $12.63 billion in 2023 at a CAGR of 8.28%.

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The market for patient blood management consists of sales of instruments, accessories, software, reagents and kits used in the management of blood and blood products of patients. Patient blood management is a patient-focused, evidence-based and systematic approach to optimize care of patients, who might need a blood transfusion, by optimizing patients’ own blood, minimizing surgical blood loss and harnessing the patient-specific physiological reserve of anemia thereby reducing the need of allogenic blood transfusions. The market consists of revenue generated by the companies manufacturing the patient blood management requirements by the sales of these products.

The rising number of accidents, trauma cases, and surgical procedures contributed to the growth of the global patient blood management market. According to WHO, 1.35 million people die every year due to road accidents, and low-income and middle-income countries account for 93% of the fatalities occurring in the world due to road accidents. In 2017, at least 1.4 million cesarean sections were performed in the European Union. Increased number of accidents, trauma cases and surgical procedures resulted in increased demand for blood and its products is the driving the global patient blood management market.

Patient Blood Management Market Segmentation: -
By Product
Instruments
Accessories
Reagents And Kits
Softwares

By Component
Plasma
Whole Blood
Red Blood Cells

By Application
Hospital
Clinic
Others

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Few Points From Table Of Content
1. Executive Summary
2. Patient Blood Management Market Characteristics
3. Patient Blood Management Market Size And Growth
4. Patient Blood Management Market Segmentation
5. Patient Blood Management Market Regional And Country Analysis
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24. Africa Patient Blood Management Market
25. Patient Blood Management Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Patient Blood Management Market
27. Patient Blood Management Market Trends And Strategies
28. Patient Blood Management Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Patient Blood Management Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Patient Blood Management Market are Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo Corporation, Immucor Inc., B. Braun Melsungen AG, Macopharma, bioMérieux SA, Asahi Kasei Corporation, KANEKA CORPORATION, Bio-Rad Laboratories Inc.

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