Press release
Blood Banking Equipment Market Worth $24.26 Billion by 2032
According to this latest publication from Meticulous Research®, the blood banking equipment market is projected to reach $24.26 billion by 2032, at a CAGR of 4.6% from 2025 to 2032. The growth of this market is driven by the rising demand for blood and blood-related products, the increasing number of surgical procedures being performed globally, and technological advancements and automation in blood banking devices. In addition, untapped opportunities in emerging countries and the supportive initiatives to promote blood transfusion offer significant opportunities for the growth of this market.
Download Sample Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5464
The blood banking equipment market is segmented by Product (Blood Collection Equipment [Needles, Tubes, Syringes, Blood Bags, Lancets, IV Cannulas, Vials, and Other Blood Collection Equipment], Blood Processing Equipment [Centrifuges, Blood Filters, Blood Analyzers, Blood Processors, and Other Blood Processing Equipment], Blood Storage Equipment [Blood Bank Refrigerators, Blood Bank Freezers, Test Tube Racks]), Functionality (Automated Blood Banking Equipment, Manual Blood Banking Equipment), End User (Hospitals, Blood Banks [Private, Public, Hybrid]), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).
Based on product, in 2025, the blood collection equipment segment is expected to account for the largest share of the blood banking equipment market. The large market share of this segment is attributed to the high demand for blood collection devices such as needles, syringes, tubes, and blood bags due to the growing volume of blood donations collected globally and the high demand for blood components for the treatment of specific diseases.
Based on functionality, in 2025, the automated blood banking equipment segment is projected to register the highest CAGR over the forecast period. The growth of this segment is attributed to the shortage of skilled professionals to handle the growing workloads in blood banks and the growing need for blood & blood products to treat various conditions.
Based on end user, in 2025, the blood banks segment is expected to account for the largest share of the blood banking equipment market. The large market share of this segment is attributed to the rising number of surgeries performed globally and the subsequent increase in demand for blood and blood products from blood banks. Blood banks are the primary source of blood or blood-related products; hence, the demand for collection, processing, and storage equipment is higher in blood banks.
Browse in Depth : https://www.meticulousresearch.com/product/blood-banking-equipment-market-5464
Based on geography, in 2025, Asia-Pacific is expected to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the rising healthcare spending, developing infrastructure for blood banking, growing geriatric population and the subsequent increase in chronic disease prevalence, and growing initiatives promoting blood donations.
Key Players:
The key players profiled in the blood banking equipment market report are Abbott Laboratories (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Danaher Corporation (U.S.), Fresenius Kabi AG (Germany), Becton, Dickinson and Company (U.S.), Terumo Corporation (Japan), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux SA (France), HORIBA, Ltd. (Japan), Mindray Bio-Medical Electronics Co, Ltd (U.S.), Sysmex Corporation (Japan), and Hamilton Bonaduz AG (Switzerland).
Buy the Complete Report with an Impressive Discount: https://www.meticulousresearch.com/Checkout/61450295
Key questions answered in the report-
Which are the high-growth market segments in terms of product, functionality, end user, and geography?
What was the historical market size for blood banking equipment across the globe?
What are the market forecasts and estimates for the period 2025-2032?
What are the major drivers, restraints, opportunities, and challenges in the global blood banking equipment market?
Who are the major players in the global blood banking equipment market?
How is the competitive landscape, and who are the market leaders in the global blood banking equipment market?
What are the recent developments in the blood banking equipment market?
What are the different strategies adopted by major players in the blood banking equipment market?
What are the geographic trends and high-growth regions/countries?
Related Reports:
Physiotherapy Equipment Market : https://www.meticulousresearch.com/product/physiotherapy-equipment-and-accessories-market-5457
Blood Glucose Monitoring Devices Market: https://www.meticulousresearch.com/product/blood-glucose-monitoring-devices-market-5470
Latin America Home Healthcare Market: https://www.meticulousresearch.com/product/latin-america-home-healthcare-market-1287
About Us:
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions-syndicated reports, custom research, and direct analyst engagement.
Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace.
Contact Us:
Meticulous Market Research Pvt. Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
Email- sales@meticulousresearch.com
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Visit Our Website: https://www.meticulousresearch.com/
For Latest Update Follow Us:
LinkedIn- https://www.linkedin.com/company/meticulous-research
Meticulous Blog | Top Market Research Reports Blog - https://meticulousblog.org/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Blood Banking Equipment Market Worth $24.26 Billion by 2032 here
News-ID: 3923307 • Views: …
More Releases from Meticulous Research®
Lysine Market Size, Growth Outlook, and Emerging Trends (2025-2032)
The global lysine market is witnessing robust growth, reflecting a fundamental shift in global dietary patterns and livestock production systems. Valued at USD 7.77 billion in 2024, the market is projected to reach USD 15.09 billion by 2032 from USD 8.41 billion in 2025, expanding at a CAGR of 8.7% during the forecast period from 2025 to 2032. This significant growth is primarily driven by increasing demand for protein-rich diets,…
Chitosan Market: Growth Trends, Sustainability Focus, and Future Outlook to 2032
Chitosan Market Overview
The global chitosan market is witnessing remarkable growth as industries increasingly turn to sustainable and biodegradable materials. Valued at USD 2.55 billion in 2024, the market is projected to reach USD 6.51 billion by 2032, growing from USD 2.87 billion in 2025 at a CAGR of 12.4% during the forecast period from 2025 to 2032. This growth is driven by the expanding applications of chitosan in the pharmaceutical,…
Minimal Residual Disease Testing Market: Trends, Innovations, and Forecast to 20 …
Minimal Residual Disease Testing Market Overview
The global minimal residual disease (MRD) testing market is witnessing rapid growth as precision oncology and early cancer detection gain momentum across healthcare systems worldwide. The market is expected to reach USD 4.45 billion by 2031, growing at a CAGR of 14.6% from 2024 to 2031. This growth is driven by the increasing incidence of cancer, rising awareness about early detection, and the growing application…
Moringa Extract Market Size, Growth Trends, and Forecast to 2031
The global moringa extract market has gained remarkable traction in recent years, driven by the growing consumer focus on natural wellness and sustainable nutrition. Valued at USD 5.06 billion in 2023, the market is projected to reach USD 10.65 billion by 2031, growing from an estimated USD 5.53 billion in 2024 at a CAGR of 9.8% during the forecast period from 2024 to 2031. This strong growth trajectory is fueled…
More Releases for Blood
Global Blood Processing Consumables(CH 5) Market Size - By Product Type(blood ad …
Market Overview and Report Coverage
Blood Processing Consumables encompass various products and materials used in the collection, storage, processing, and transfusion of blood and blood components. This category includes items like blood bags, tubes, filters, and reagents essential for laboratories and hospitals in ensuring safe and effective blood management.
The current outlook for the Blood Processing Consumables market indicates robust growth driven by increasing healthcare needs, advancements in medical technology, and a…
Medical Blood Bag Market 2027 Global Analysis and Forecasts by Type (Single Bloo …
The medical blood bags are the instruments that are used to store, collect, transport, and transfuse blood and its components. The disposable blood bags replaced the use of glass bottles due to problems associated with the use of glass bottles including insufficient sterility, leading to contamination of the blood, and the development of air bubbles resulted in severe complications during blood transfusion.
Access Sample Report@: https://bit.ly/3rGMS4Q
Leading Players in the…
Global Blood coagulation analyzer Market, Blood coagulation analyzer Market 2020 …
The Blood coagulation analyzer market report provides a comprehensive view of global Blood coagulation analyzer industry. The study provides the industry overview with its growth analysis including CAGR, market shares, sales, gross margin, value, future trends, market opportunities etc. The study also includes analysis of historic data from 2015 to 2019 along with forecast from 2020 to 2025. Further, the Blood coagulation analyzer report contains drivers andrestraints of Blood coagulation…
Blood Bank (Blood Banking) Market 2019 Analysis By American Red Cross, Japan Red …
According to this study, over the next five years the Blood Bank (Blood Banking) market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 40500 million by 2024, from US$ 26000 million in 2019.
Blood Bank (Blood Banking) Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion,…
Blood Bank (Blood Banking) Market Stay on The top of this growing business Indus …
Reports Monitor released a new Global Blood Bank (Blood Banking) Market research study with over 100 industry informative desk and Figures spread through Pages and an in-depth TOC on “Blood Bank (Blood Banking) Market”.
Global Blood Bank (Blood Banking) market 2019 research lays out the knowledge to achieve positive growth and presents different methods for maximizing your profit. The market study puts forward estimates for Global Blood Bank (Blood Banking) Market 2019 analysis and Forecast…
Blood Bank And Plasma Freezers Market Report 2018: Segmentation by Type (Common …
Global Blood Bank And Plasma Freezers market research report provides company profile for Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI GROUP, Telstar Group, LabRepCo, Helmer Scientific, Haier Bio-Medical, Panasonic Healthcare, Thermo Fisher, Dometic and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
