Press release
A blood market could exacerbate existing disparities in healthcare access
https://www.alliedmarketresearch.com/blood-market
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Segmentation Overview:
The blood market segmentation is multi-faceted, encompassing product classification, end-user delineation, and regional analysis. By product, it spans whole blood collection and processing, source plasma collection, blood typing products, and blood screening products, each with its own sub-categories. End users of blood products vary, including blood banks, diagnostic laboratories, ambulatory surgical centers, hospitals, and others. Geographically, the market spans North America, Europe, Asia-Pacific, and LAMEA regions.
Product Perspective:
The whole blood collection and processing segment dominated the market in 2019, driven by global demand and the proliferation of blood collection centers. Moreover, the surge in blood banks further bolstered this segment's growth. Notably, the source plasma collection segment is poised for rapid expansion, attributed to increasing demand for plasma in treating chronic diseases like kidney and liver ailments.
End-User Insights:
Blood and blood component banks emerged as the major end users, propelled by the rising number of blood banks worldwide and the influx of blood donations. Additionally, the growing demand for blood and plasma globally amplifies the market's growth trajectory.
Regional Dynamics:
North America commands the largest market share, owing to the ready availability of blood collection and processing infrastructure, coupled with heightened awareness and a dense network of key market players. Conversely, Asia-Pacific is anticipated to witness the swiftest growth, fueled by escalating healthcare expenditure, rising awareness regarding blood donation, and the prevalence of chronic diseases necessitating blood and plasma utilization.
Competitive Landscape:
The global blood market is fiercely competitive, characterized by strategic maneuvers such as collaborations, product launches, partnerships, and acquisitions. Leading players like Abbott Laboratories, CSL Limited, and F. Hoffmann-La Roche Ltd. dominate the market, driving innovation and market expansion.
Key Benefits for Stakeholders:
Stakeholders stand to gain from a detailed quantitative analysis, spanning global blood market trends from 2019 to 2027, facilitating strategic decision-making. The forecast period from 2020 to 2027 offers insights into market size and estimations, underpinned by a comprehensive assessment of industry developments. Moreover, a qualitative analysis of innovative products aids in strategic business planning, complemented by an elucidation of key market players' development strategies, painting a holistic picture of the blood market landscape.
๐๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Abbott Laboratories
2. Bio-Rad Laboratories, Inc.
3. CSL Limited (CSL Behring)
4. F. Hoffmann-La Roche Ltd.
5. Grifols International SA
6. Haemonetics Corporation
7. Merck & Co., Inc.
8. Novo Nordisk A/S
9. Ortho Clinical Diagnostics
10. Terumo Corporation (Terumo BCT, Inc.).
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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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