Blood Processing Devices and Consumables Market Overview, Growth Impact and Demand by Regions till 2028 | Beckman Coulter, Inc., Thermogenesis Holdings, Inc., Maco Pharma International GmbH, Immucor,

Sickle cell disease affect nearly 90,000 to 100,000 patients in U.S thus augmenting blood processing devices and consumables market growth

Market Overview:

Blood processing devices and consumables are important component of blood banks to store blood for long duration. The blood processing is done by using blood processing devices and consumables.

Competitive Landscape:

Beckman Coulter, Inc., Thermogenesis Holdings, Inc., Maco Pharma International GmbH, Immucor, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Grifols, S.A., Abbott Laboratories, Global Scientific Company, Sigma Laborzentrifugen GmbH, Terumo BCT, Inc., Poly Medicure Ltd, and Thermo Fisher Scientific, Inc.

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Key Market Drivers:

Growing prevalence of blood transfusion disease and infectious disease is driving growth of the blood processing devices and consumables market. According to American National Red Cross, in the U.S. transfusion of 21 million blood components takes place every year. There are around 90,000 to 100,000 sickle cell disease affected patients in U.S. who require blood transfusion frequently.

Growing awareness regarding the blood related disorder and increasing number of people for regular blood checkup is again augmenting market growth. According to Medical News Today, February 2020, blood tests are standard part of routine and preventive healthcare and doctors may ask for blood test before physical examination of the patient.

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Covid-19 Impact Analysis

Since COVID-19 outbreak and lockdown, blood donation has been reduced despite blood transfusion services are taking several precautions, which is one of the factors which has affected the global blood processing devices and consumables market. Whereas on other hand patients suffering with chronic diseases and require blood screening on regular intervals are not able to visit hospitals and diagnostic laboratories. Hence owing to these reasons global blood processing devices and consumables market has been affected severely due to COVID-19.

Key Takeaways:

1. The blood processing devices and consumables market is expected to exhibit a CAGR of 6.7% over the forecast period owing to the growing prevalence of blood related disorders.

2. North America is expected to gain significant growth over the forecast period owing to the growing prevalence of sickle cell disease. For instance, According to the Centers for Disease Control and Prevention, SCD affects approximately 100,000 Americans. SCD occurs among about 1 out of every 365 Black or African-American births.

3. SCD occurs among about 1 out of every 16,300 Hispanic-American births. About 1 in 13 Black or African-American babies is born with sickle cell trait (SCT)

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This release was published on openPR.