Key Influencer in the Blood Transfusion Devices Market 2025: Rising Accidents And Trauma Cases To Drive Growth In The Blood Transfusion Devices Market Driver

What combination of drivers is leading to accelerated growth in the blood transfusion devices market?
Increasing accidents and trauma cases are expected to propel the growth of the blood transfusion devices market. Accidents and trauma are rising due to increased urbanization, higher vehicle usage, and unsafe road conditions. Blood transfusion devices are essential for quickly administering blood products to trauma patients, stabilizing them and managing severe bleeding. The National Safety Council reported that motor vehicle fatalities in the U.S. remained nearly unchanged in the first half of 2024 compared to 2023, reflecting a growing need for blood transfusion devices in emergency situations.

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What is the projected compound annual growth rate (CAGR) of the blood transfusion devices market from 2025 to 2034, and what factors influence it?
The blood transfusion devices market has also expanded significantly, forecasted to grow from $5.09 billion in 2024 to $5.45 billion in 2025 at a CAGR of 7.1%. Historical growth was driven by the increasing prevalence of chronic diseases requiring transfusions, global demand for advanced transfusion devices, heightened awareness of blood donation, and the rise of automated blood collection systems.

The blood transfusion devices market is set to grow substantially in the next few years, reaching $7.09 billion by 2029, at a CAGR of 6.8%. Factors contributing to this growth include rising demand for blood transfusion devices due to an aging population, improved blood safety through advanced screening, increased investments in next-generation transfusion devices, growing healthcare spending in emerging markets, and government initiatives supporting blood donation and safe transfusion practices. Notable trends include advancements in blood transfusion technologies, AI and IoT integration for better monitoring, increasing adoption of portable devices for remote applications, a shift towards minimally invasive transfusion techniques, and expansion of services in underdeveloped regions.

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How are the latest trends influencing the growth of the blood transfusion devices market?
Leading companies in the blood transfusion devices market are developing advanced blood grouping and testing solutions to enhance their competitive advantage. Blood grouping and testing solutions are used to determine blood type and ensure transfusion compatibility. For example, in June 2024, Innobiochips, a France-based biopharmaceutical company, launched Omnys, an innovative blood transfusion device designed to enhance laboratory productivity and accuracy through multiplex analysis. The device enables high-resolution testing of blood components, such as ABO/D typing and extended phenotyping, reducing the number of wells needed for testing and minimizing waste.

What are the major segments of the blood transfusion devices market and their role in driving growth?
The blood transfusion devicesmarket covered in this report is segmented -

1) By Product Type: Pathogen Reduction System, Apheresis Devices, Blood Component Separator, Blood Bag And Accessory, Venous Access Devices, Other Product Types
2) By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics And Gynecological Surgeries, Other Applications
3) By End User: Hospital, Ambulatory Surgical Centers, Blood Bank, Other End Users

Subsegments:
1) By Pathogen Reduction System: Plasma Pathogen Reduction Devices, Platelet Pathogen Reduction Devices
2) By Apheresis Devices: Plasma Apheresis Devices, Platelet Apheresis Devices, Red Blood Cell Apheresis Devices
3) By Blood Component Separator: Automated Blood Component Separators, Manual Blood Component Separators
4) By Blood Bag and Accessory: Single Blood Bags, Double Blood Bags, Triple Blood Bags, Quadruple Blood Bags, Blood Bag Tubing and Clamps
5) By Venous Access Devices: Peripheral Venous Catheters, Central Venous Catheters, Peripherally Inserted Central Catheters (PICCs), Implantable Ports
6) By Other Product Types: Blood Warmers, Blood Mixers, Blood Transfusion Sets and Filters, Blood Storage And Refrigeration Systems

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Which regions are key players in the growth of the blood transfusion devices market?
North America was the largest region in the blood transfusion devices market in 2024. The regions covered in the blood transfusion devices 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 transfusion devices market?
Major companies operating in the blood transfusion devices market are Fresenius Kabi AG, Becton dic*kinson and Company, Baxter International Inc., Medline Industries LP, Grifols SA, Terumo Corporation, Bio-Rad Laboratories Inc, LivaNova PLC, Haemonetics Corporation, Sarstedt AG & Co KG, STRATEC Biomedical AG, Cerus Corporation, Charter Medical Ltd, Kawasumi Laboratories Inc., Macopharma SA, GenesisBPS Inc., Mediware Information Systems Inc., EryPharm, Glycorex Transplantation AB, Werfen S.A.

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What Is Covered In The Blood Transfusion Devices Global Market Report?

•Market Size Forecast: Examine the blood transfusion devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the blood transfusion devices market for a structured understanding.
•Key Players Overview: Analyze major players in the blood transfusion devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the blood transfusion devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the blood transfusion devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the blood transfusion devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the blood transfusion devices market.
•Competitive Landscape: Review strategic developments in the blood transfusion devices market, including expansions, agreements, and new product launches.

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