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Blood Processing Devices And Consumables Market: Unveiling the Potential for Growth, Key Players, and Market Trends
Blood Processing Devices And Consumables Market Size
What Is The Projected Market Size Of The Global Blood Processing Devices And Consumables Market And Its Growth Rate?
Notable growth has been observed in the market for blood processing devices and consumables.
• The market size has grown from $47.8 billion in 2024 to $51.62 billion in 2025, marking a compound annual growth rate (CAGR) of 8.0%.
• The growth in the historic period is due to increasing blood donation rates, advancements in transfusion medicine, growing prevalence of blood disorders, and a rise in surgical procedures.
• Looking ahead, the market size is anticipated to reach $75.15 billion by 2029, with a CAGR of 9.8%. This expected growth is attributed to increasing demand in emerging economies, rising geriatric population, and advancements in blood processing technology.
What Is Driving The Growth In The Blood Processing Devices And Consumables Market?
The rising incidence of infectious diseases is driving growth in the blood processing devices and consumables market. These devices play a critical role in ensuring safe blood transfusions and effective diagnostics, helping to minimize the risk of transmission during medical procedures and improve patient safety. For example, the rise of tuberculosis cases from 8,320 in 2022 to 9,615 in 2023, as reported by the Centers for Disease Control and Prevention, underscores the importance of these devices in combating infectious diseases.
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Who Are the Key Players Driving Blood Processing Devices And Consumables Market Growth?
Key players in this market include:
• Thermogenesis Holdings Inc.
• Maco Pharma International GmbH
• Immucor Inc.
• Bio-Rad Laboratories Inc.
• Grifols S.A.
• Abbott Laboratories
• Terumo BCT Inc.
• Beckman Coulter Inc.
• Becton Dickinson and Company
• Biomerieux SA
• Danaher Corporation
What Are The Key Trends In The Blood Processing Devices And Consumables Market?
Key trends in the forecast period include:
• Technological integration for data management
• Technological innovations in blood processing
• Automation and robotics integration
• Advancements in apheresis technology
What Are The Segments Of The Global Blood Processing Devices And Consumables Market?
The blood processing devices and consumables market is segmented by:
• Product Type: Devices, Consumables
• Devices: Blood Bank Freezers, Blood Grouping Analyzers, Blood Warmer, Blood Cell Processers, Other Devices
• Consumables: Blood Bags, Blood Lancets, Vials, Blood Administration Sets, Other Consumables
• End User: Hospitals, Diagnostic Centers, Clinics, Academic Institutes, Blood Banks
Which Region Leads The Blood Processing Devices And Consumables Market?
North America was the leading region in the blood processing devices and consumables market in 2024. However, Asia-Pacific is expected to exhibit the fastest growth in the forecast period.
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What Is Covered In The Blood Processing Devices And Consumables Market Global Market Report?
- Market Size Analysis: Analyze the Blood Processing Devices And Consumables Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blood Processing Devices And Consumables Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blood Processing Devices And Consumables Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blood Processing Devices And Consumables Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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