2025-2034 Blood Preparation Market Evolution: Disruptions, Innovations, and Untapped Opportunities

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Blood Preparation Market Through 2025?
The sector dealing with blood preparations has experienced robust expansion throughout the recent past; projections indicate this valuation will ascend from $48.03 billion in the year 2024 to reach $51.13 billion by 2025, reflecting a compound annual growth rate of 6.4%. This upswing witnessed during the historical timeframe is principally linked to several factors, including the surge in the number of blood transfusion operations, the escalating incidence of conditions affecting the blood, heightened global consciousness regarding the safety of donated blood, worldwide efforts promoting blood donation, and the enforcement of governmental rules and quality benchmarks.

What's the Projected Size of the Global Blood Preparation Market by 2029?
The blood preparation market is projected to experience strong growth in the coming years, reaching $66.29 billion by 2029 at a compound annual growth rate (CAGR) of 6.7%. The expected growth during the forecast period can be attributed to the increasing demand for blood components, advancements in personalized medicine, emerging therapeutic applications, and the expansion of global healthcare infrastructure. Key trends anticipated include the automation and integration of blood processing systems, rising demand for pathogen-reduced blood components, greater customization in blood products, focus on platelet-rich plasma (PRP) and platelet-rich fibrin (PRF), and adherence to stringent regulatory and quality standards.

View the full report here:
https://www.thebusinessresearchcompany.com/report/blood-preparation-global-market-report

Top Growth Drivers in the Blood Preparation Industry: What's Accelerating the Market?
Anticipated future expansion in the global blood preparation sector is being fueled by a growing trend in worldwide blood contributions, which involves the act of giving blood to preserve human lives. This donation process is crucial as it facilitates blood transfusions, a vital medical intervention for sustaining and saving lives. Individuals undergoing significant medical procedures such as surgical operations, cancer therapies, management of long-term ailments, and recovery from severe injuries necessitate blood supplies. The availability, secured through preparation procedures following donation, guarantees that blood products are accessible whenever and wherever critical need arises; for example, reported data from the Red Cross Blood, a US biotechnology research entity, indicates that in 2023, about 6.8 million individuals contributed blood, leading to an annual collection estimated at roughly 13.6 million units of both whole blood and red blood cells, consequently demonstrating how the surge in blood donations propels the expansion of the blood preparation market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10230&type=smp

What Trends Will Shape the Blood Preparation Market Through 2029 and Beyond?
Technological advancements are emerging as a prominent trend in the blood preparation market. Leading companies in this market are concentrating on developing innovative technological solutions to strengthen their market presence. For example, in June 2024, Innobiochips, a France-based biotechnology company, introduced Omnys - an advanced blood grouping and testing solution designed to significantly enhance the accuracy and efficiency of blood transfusion procedures. Utilizing patented multiplex technologies, it enables high-resolution testing of blood components, including ABO/D typing, phenotyping, extended phenotyping, and antibody screening. This all-in-one system integrates testing instruments, reagents, and consumables to streamline operations, enabling laboratories and healthcare institutions to conduct precise blood analyses with minimal sample requirements.

What Are the Main Segments in the Blood Preparation Market?
The blood preparationmarket covered in this report is segmented -

1) By Product: Whole Blood; Blood Components; Blood Derivatives
2) By Antithrombotic And Anticoagulants Type: Platelet Aggregation Inhibitors; Fibrinolytics; Anticoagulants
3) By Application: Transfusion; Diagnostics; Research
4) By End User: Hospitals; Clinics; Blood Banks; Other End-Users

Subsegments:
1) By Whole Blood: Fresh Whole Blood; Stored Whole Blood
2) By Blood Components: Red Blood Cells (RBC); Platelets; Plasma; White Blood Cells (WBC)
3) By Blood Derivatives: Immunoglobulins; Coagulation Factors; Albumin; Fibrinogen

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10230&type=smp

Which Top Companies are Driving Growth in the Blood Preparation Market?
Major companies operating in the blood preparation market include AstraZeneca PLC, Sanofi, LEO Pharma A/S, Bristol-Myers Squibb Company, Baxter International Inc, Pfizer Inc, Portola Pharmaceuticals Inc, GlaxoSmithKline PLC, Bayer AG, Boehringer Ingelheim, Celgene Corp, Shandong East Chemical Industry Co., Xiamen Hisunny Chemical Co. LTD, Merck & Co., Amgen Inc., Takeda Pharmaceutical Company Limited, Novartis AG, Johnson & Johnson, Gilead Sciences Inc., Regeneron Pharmaceuticals Inc., AbbVie Inc., Roche Holding AG, CSL Behring, BioMarin Pharmaceutical Inc., Genentech Inc., Sandoz International GmbH, Medtronic plc, Fresenius Kabi AG, Grifols S.A., HemaCare Corporation, Terumo Corporation

Which Regions Will Dominate the Blood Preparation Market Through 2029?
North America was the largest region in the blood preparation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global blood preparation market during the forecast period. The regions covered in the blood preparation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10230

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow 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

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.