Press release
Global Blood Processing Devices And Consumables Market Projected to Surpass $75.15 Billion by 2029 with 10% Annual Growth
Blood Processing Devices And Consumables Market
The increasing presence of infectious diseases is expected to propel the market for blood processing devices and consumables. Infections caused by microorganisms such as bacteria, viruses, fungi, or parasites, which can transmit from person to person or from animals to humans, are termed as infectious diseases. The surge in these diseases could be attributed to factors like urbanization, globalization, variations in climate, heightened travel and resistance to antibiotics. These aspects add to the dispersion of microorganisms and increase susceptibility to infections in populations. Blood processing devices and consumables have a significant role in dealing with the mounting incidence of infectious diseases by assuring secure blood transfusions and effective diagnoses. These tools aid in examining blood for infectious microorganisms, thus reducing the risk of their transmission during medical practices and enhancing patient safety. For example, in March 2024, the Centers for Disease Control and Prevention, a government agency in the US, revealed an increase in tuberculosis cases from 8,320 in 2022 to 9,615 in 2023, indicating an increase by 1,295 cases. Consequently, the escalating prevalence of infectious diseases is set to steer the blood processing devices and consumables market's growth.
Get Your Blood Processing Devices And Consumables Market Report Here:
https://www.thebusinessresearchcompany.com/report/blood-processing-devices-and-consumables-global-market-report
What is the projected compound annual growth rate (CAGR) of the blood processing devices and consumables market from 2025 to 2034, and what factors influence it?
The market for blood processing devices and consumables has seen robust growth recently. The market size is predicted to expand from $47.8 billion in 2024 to $51.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. Factors contributing to this growth during the historic period include higher blood donation rates, advancements in transfusion medicine, the increasing prevalence of blood disorders, worldwide efforts to ensure safe blood transfusion, and an increase in surgical procedures.
The market for blood processing devices and consumables is predicted to experience robust expansion in the coming years, projected to reach $75.15 billion by 2029, with a compound annual growth rate (CAGR) of 9.8%. This projected expansion during the forecast period can be credited to growing demand in developing economies, an aging population, the advent of point-of-care blood processing, increased focus on self-blood transfusions, the need for apheresis procedures, and partnerships for R&D. Key trends expected during this period encompass data management integration, innovative advancements in blood processing technology, the inclusion of automation and robotics, improvements in apheresis technology, and the rise of point-of-care blood processing.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10112&type=smp
How are the latest trends influencing the growth of the blood processing devices and consumables market?
Leading corporations in the blood processing gadgets and consumables sector are focusing on enhancing their product efficiency by advancing technology, for instance, blood collection devices. These devices, used for acquiring blood samples for diagnosis, transfusions, and research, are enhancing due to technological advancements. As an example, in May 2024, Becton, Dickinson, and Company, a medical technology firm based in the US, released the UltraTouch. This device is structured for easy blood sample acquisition and lessens patient discomfort, leveraging advanced technology for swift and effective venipuncture and ensuring high precision in sample accumulation. It's assembled with an easy-to-use interface and ergonomic characteristics, fitting for various health environments such as hospitals, clinics, and labs. Additionally, the UltraTouch device is particularly beneficial to patients who feel anxious during blood collection, as its progressive design alleviates pain and enhances their experience. It also comprises safety characteristics to lessen the likelihood of needle-stick injuries, making it a preferred option in modern medical settings.
What are the major segments of the blood processing devices and consumables market and their role in driving growth?
The blood processing devices and consumables market covered in this report is segmented -
1) By Product Type: Devices, Consumables
2) By Devices: Blood Bank Freezers, Blood Grouping Analyzers, Blood Warmer, Blood Cell Processers, Other Devices
3) By Consumables: Blood Bags, Blood Lancets, Vials, Blood Administration Sets, Other Consumables
4) By End User: Hospitals, Diagnostic Centers, Clinics, Academic Institutes, Blood Banks
Subsegments:
1) By Devices: Blood Collection Devices, Blood Separation Devices, Blood Transfusion Devices, Blood Storage Devices, Automated Blood Processing Systems
2) By Consumables: Blood Collection Tubes, Blood Filters, Blood Bags, Reagents And Chemicals, Anticoagulants, Blood Processing Kits
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10112
Which regions are key players in the growth of the blood processing devices and consumables market?
North America was the largest region in the blood processing devices and consumables market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global blood processing devices and consumables market report during the forecast period. The regions covered in the blood processing devices and consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the blood processing devices and consumables market?
Major companies operating in the blood processing devices and consumables 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, Global Scientific Company, Haemonetics Corporation, Sigma Laborzentrifugen GmbH, SARSTEDT AG & Co K, Roche Holdings AG, Beurer GmbH, Cardinal Health Inc., Fresenius Kabi AG, Lmb Technologie GmbH, Fenwal Inc., Kawasumi Laboratories Inc., F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Poly Medicure Ltd, Medtronic plc., Nipro Corporation, Sekisui Chemical Co Ltd, Greiner Bio-One International GmbH
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10112&type=smp
What Is Covered In The Blood Processing Devices And Consumables Global Market Report?
• Market Size Forecast: Examine the blood processing devices and consumables market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the blood processing devices and consumables market for a structured understanding.
• Key Players Overview: Analyze major players in the blood processing devices and consumables market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the blood processing devices and consumables market.
• Segment Contributions: Evaluate how different segments drive overall growth in the blood processing devices and consumables market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the blood processing devices and consumables market.
• Industry Challenges: Identify potential risks and obstacles affecting the blood processing devices and consumables market.
• Competitive Landscape: Review strategic developments in the blood processing devices and consumables market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Blood Processing Devices And Consumables Market Projected to Surpass $75.15 Billion by 2029 with 10% Annual Growth here
News-ID: 3943605 • Views: …
More Releases from The Business Research Company
Key Industry Players Strengthening Their Position In The Direct Coombs Test (DCT …
The Direct Coombs Test (DCT) antibody market is gaining significant traction as advancements in medical diagnostics and growing healthcare needs drive demand. With innovations enhancing testing accuracy and expanding applications across diverse medical fields, this market is set to experience substantial growth in the upcoming years. Let's explore the market's projected size, key players, trends shaping the industry, and how the market is segmented.
Direct Coombs Test (DCT) Antibody Market Size…
Global Trends Analysis: How The Dental Practice Analytics Dashboards Market Is R …
The dental practice analytics dashboards market is on track for significant expansion in the coming years, driven by the increasing use of data and technology in dental care management. As dental practices seek more efficient and patient-centered solutions, this market is set to grow rapidly, with new innovations and partnerships further enhancing its potential.
Projected Market Size and Growth for Dental Practice Analytics Dashboards
The market for dental practice analytics dashboards is…
Datacenters Market Structure, Emerging Trends, And Leading Player Insights
The datacenters market is on the verge of remarkable growth as digital transformation accelerates across multiple industries. Driven by cutting-edge technologies and changing business needs, this sector is set to expand rapidly in the coming years. Let's explore the current market size, the main companies involved, emerging trends, and the key segments shaping the future of datacenters globally.
Steady Growth Forecast for the Datacenters Market by 2029
The global datacenters market is…
Key Industry Players Strengthening Their Position In The Contract Food Service M …
The contract food service management sector is on track for notable expansion as consumer preferences and operational models evolve. Driven by rising health consciousness and technological advancements, this market is adapting to meet new demands while exploring innovative solutions. Let's delve into the current market size, key players, emerging trends, and major segments shaping the industry's future.
Projected Market Value and Growth Dynamics in the Contract Food Service Management Market
The contract…
More Releases for Blood
Anthony Tony B Powell Releases I Am Drenched in the Blood of Jesus Christ Blood …
Image: https://www.aionewswire.com/storage/images/ckeditor//Author%20Photo_1761680899.jpg
A book that shows the true meaning of the blood of Jesus and how it changes lives
Blood sustains the body, but it is the blood of Jesus Christ that grants eternal life and salvation to the soul. In his new book, I Am Drenched in the Blood of Jesus Christ: Blood Bought, Blood Stained, Blood Washed [https://www.amazon.com/Am-Drenched-Blood-Jesus-Christ/dp/1662871961], Anthony B. Powell takes readers on a profound spiritual journey into the…
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…
