Press release
Blood Platelets Market Size, Share, Industry, Forecast and outlook (2023-2030)
DataM Intelligence
Global Blood Platelets Market Poised for Remarkable Growth, Projected to Surge at a High CAGR by 2031
The global blood platelets market is set to witness a substantial surge, with estimations pointing towards a robust Compound Annual Growth Rate (CAGR) during the forecast period spanning from 2022 to 2031. Platelets, also known as thrombocytes, play a pivotal role in blood clotting, essential for preventing excessive bleeding. As the prevalence of chronic blood-related disorders rises and the number of surgical procedures increases globally, the demand for blood platelets is expected to escalate, fostering market growth.
Scope of Blood Platelets Market Overview
Key Metrics:
• CAGR: High
• Years Covered: 2022-2031
• Forecast Period: 2024-2031
• Data Availability: Value (US$)
• Segments Covered: Application, End-User, and Region
• Regions Covered: North America, Europe, Asia-Pacific, South America, and Middle East & Africa
• Fastest Growing Region: Asia-Pacific
• Largest Region: North America
• Report Insights Covered: Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other Key Insights.
To learn more, download a sample report:https://www.datamintelligence.com/download-sample/blood-platelets-market
Blood Platelets Market Dynamics:
The growth of the blood platelets market is primarily propelled by several factors including the rising prevalence of chronic blood-related disorders, an increase in surgical procedures, heightened awareness regarding blood donations and platelet transfusions, and favorable reimbursement policies in developed nations.
Rising Prevalence of Chronic Blood-related Disorders:
The escalating incidence of chronic blood-related disorders such as myelofibrosis, hemophilia, and thrombocytopenia has led to a surge in demand for blood platelets. According to the 2019 Annual Global Survey by the World Federation of Hemophilia, a significant number of individuals worldwide suffer from bleeding disorders. Additionally, patients with liver disorders are at a heightened risk of reduced platelet count, further amplifying the demand for blood platelet treatments.
Increasing Number of Surgical Procedures:
The global increase in surgical procedures, including orthopedic, cardiac, and organ transplant surgeries, has fueled the demand for blood platelets. Trauma surgeries resulting from accidents and injuries have also contributed to the rising need for platelet transfusions, underscoring the vital role of blood platelets in healthcare settings.
High Risk of Transmissions of Infections:
Despite the significant benefits of blood transfusions, the risk of transmitting infectious organisms remains a concern. Efforts to mitigate this risk include stringent screening protocols and adherence to safety guidelines to ensure the safety and efficacy of blood platelet transfusions.
Industry Analysis and COVID-19 Impact
The COVID-19 pandemic has had a profound impact on the blood platelets market, prompting organizations to implement safety measures and urging the public to donate blood amidst shortages. Initiatives to maintain a safe and adequate blood supply have been crucial in meeting the demand for blood platelets during the pandemic.
Segment Analysis
The platelet function disorders segment is expected to dominate the market, driven by the increasing prevalence of cancer cases and chronic platelet function disorders. Hospitals are anticipated to hold the largest market share due to their advanced infrastructure and high accessibility.
Geographical Analysis
North America leads the global blood platelets market, with the United States holding a significant share attributed to robust distribution networks and awareness campaigns promoting blood donation.
Competitive Landscape
The global blood platelets market is moderately competitive, with key players such as The American National Red Cross, America's Blood Centers, and Canadian Blood Services actively contributing to market growth through strategic initiatives including product launches and collaborations.
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Website: https://www.datamintelligence.com
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DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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