Press release
Europe Artificial Blood Substitutes Market Size, Share, Key Leaders & Growth Factors by 2028
The artificial blood substitutes market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 24.7% in the forecast period of 2021 to 2028 and is expected to reach USD 9,028.24 thousand by 2028. Limited availability of fresh blood and its short life span coupled with increasing demand for blood transfusion and increased funding for development of blood substitutes acts as driver for the artificial blood substitutes market growth.
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Leading Key Players Operating in the Europe Artificial Blood Substitutes Market Includes:
HEMARINA
Hemoglobin Oxygen Therapeutics LLC
KaloCyte, Inc
European Medicines Agency
OPK Biotech LLC
NuvOx Pharma
Prolong Pharmaceuticals, LLC
Boston Therapeutics
Key Market Analysis and Insights:
Artificial blood substitutes are also known as oxygen therapeutics or haemoglobin-based oxygen carriers. It is used to mimic the function of biological blood and to offer a substitute to blood transfusion. Artificial blood are used as a solution to replace transfusion of banked red blood cells and are designed to overcome the limitations such as shortage of blood sonor, high risk contamination, requirement of cross matching. The allogenic blood transfusions has multiple risks and can cause infectious transmission, transfusion reactions, transfusion related acute lung injury, delayed postoperative wound healing, immunomodulation and potential risk of cancer recurrence. It offers the promise of new and important life-saving medical treatments.
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Europe Artificial Blood Substitutes Market, By Region:
The artificial blood substitutes market is analyzed and market size information is provided by the country, product type, source, application and end user as referenced above.
The countries covered in the artificial blood substitutes market report are the France, Russia, Netherlands, rest of Europe.
Product type segment in France country is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increase in demand for blood transfusion with rising number of patients. The product type segment in Russia is dominating market owing to limited availability of human blood to treat rising number of patients. Netherlands is leading the growth of the Europe market for product type segment is dominating in this country due to increase in incidence of trauma cases and blood related diseases in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Table of Contents: Europe Artificial Blood Substitutes Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Europe Artificial Blood Substitutes in Healthcare Industry
7 Europe Artificial Blood Substitutes Market, by Product Type
8 Europe Artificial Blood Substitutes Market, by Modality
9 Europe Artificial Blood Substitutes Market, by Type
10 Europe Artificial Blood Substitutes Market, by Mode
11 Europe Artificial Blood Substitutes Market, by End User
12 Europe Artificial Blood Substitutes Market, by Geography
13 Europe Artificial Blood Substitutes Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=europe-artificial-blood-substitutes-market
What are the market opportunities, market risks, and market overviews of the Europe Artificial Blood Substitutes Market?
Who are the distributors, traders, and merchants in the Europe Artificial Blood Substitutes Market?
What is the analysis of sales, income, and prices of the leading manufacturers in the Europe Artificial Blood Substitutes Market?
What are the Europe Artificial Blood Substitutes market opportunities and threats faced by the Europe Artificial Blood Substitutes Market vendors?
What are the main factors driving the Europe Artificial Blood Substitutes Industry?
What are the Top Players in Europe Artificial Blood Substitutes industry?
What is the analysis of sales, income, and prices by type, application of the Europe Artificial Blood Substitutes market?
What is regional sales, income, and price analysis for Europe Artificial Blood Substitutes Market?
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