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Strategic Forecast for the Patient Blood Management Industry: Market Outlook 2025-2034

08-20-2025 07:35 AM CET | Health & Medicine

Press release from: The Business Research Company

Patient Blood Management Market

Patient Blood Management Market

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Patient Blood Management Market Size Growth Forecast: What to Expect by 2025?
The size of the patient blood management market has significantly increased in the recent past. This market is expected to expand from $14.86 billion in 2024 to $15.94 billion in 2025, marking a compound annual growth rate (CAGR) of 7.3%. The historic growth can be credited to factors such as higher rates of chronic illnesses, a surge in the number of surgical procedures, governmental measures, increasing preference for bloodless surgeries, greater availability of blood substitutes, and a growing demand for superior healthcare.

How Will the Patient Blood Management Market Size Evolve and Grow by 2029?
In the forthcoming years, the patient blood management market size is anticipated to witness robust growth, with an expected valuation of $20.92 billion in 2029, reflecting a compound annual growth rate (CAGR) of 7.0%. Factors contributing to the predicted growth in this timeframe include the aging population, rising blood demand, demographic shifts, increased emphasis on personalized medicine, an uptick in the demand for secure and efficient blood transfusions, and augmented healthcare expenditure. Major trends anticipated in the forecast period encompass patient-oriented care, decisions based on data analysis, optimization of hemoglobin, cooperative care, and a broader application of autologous blood.

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What Drivers Are Propelling the Growth of Patient Blood Management Market Forward?
The global patient blood management market has seen growth due to the increased number of accidents, trauma cases, and surgical procedures. An example of this trend can be seen in the reports from the UK Department for Transport in September 2023, which is a governmental department in the UK. Their final estimates for reported road collisions in Great Britain in 2022 show that there were 1,711 fatalities. Out of these, males made up 76% and 62% of all casualties of varying severity. The rising incidence of accidents, trauma cases, and surgical procedures has led to a higher demand for blood and its products, which fuelled the market's expansion.

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Which Emerging Trends Are Transforming the Patient Blood Management Market in 2025?
The usage of HEMAsavR, a hygienic medical device for capturing and transferring blood, is on the rise for gathering and reclaiming blood during surgical operations in response to unexpected blood loss. It enables healthcare professionals to cost-effectively gather sterile, anticoagulated blood without the need for particular resources. As a result, the initial expenditure for collecting shed blood is reduced, and the use of allogenic transfusions can be minimized. This leads to enhanced medical results such as reduced patient death rates, lesser infection occurrences, and a diminished probability of multi-organ collapse.

What Are the Key Segments in the Patient Blood Management Market?
The patient blood management market covered in this report is segmented -

1) By Product: Instruments, Accessories, Reagents And Kits, Software
2) By Component: Plasma, Whole Blood, Red Blood Cells
3) By Application: Hospital, Clinic, Other Applications

Subsegments:
1) By Instruments: Blood Collection Devices, Blood Processing Devices, Blood Transfusion Devices
2) By Accessories: Blood Bags, Transfer Sets, Filters
3) By Reagents And Kits: Blood Typing Reagents, Coagulation Test Kits, Hemoglobin Test Kits
4) By Software: Blood Management Information Systems, Data Management Software, Inventory Management Software

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Who Are the Key Players Shaping the Patient Blood Management Market's Competitive Landscape?
Major companies operating in the patient blood management market include Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo Corporation, Immucor Inc., B. Braun Melsungen AG, Macopharma, bioMérieux SA, Asahi Kasei Corporation, KANEKA CORPORATION, Bio-Rad Laboratories Inc, Abbott Laboratories, Grifols, Roche, LIVANOVA PLC, Danaher, Mediware information systems, Kawasumi Laboratories, Haier Biomedical, Diatron MI Zrt., BAG Diagnostics GmbH, Hitachi Ltd., Ortho Clinical Diagnostics, Beckman Coulter Inc., Siemens Healthineers, Thermo Fisher Scientific Inc., Sysmex Corporation, Nihon Kohden Corporation, Radiometer Medical ApS, Instrumentation Laboratory, F. Hoffmann-La Roche Ltd, Grifols Diagnostic Solutions Inc., HemoCue AB

What Geographic Markets Are Powering Growth in the Patient Blood Management Market?
The countries covered in the patient blood management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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