Registering a CAGR of 6.9% over the forecast period, the market value of Blood Collection, Processing, Management Devices, and Consumables is expected to reach US$ 14,405.70 million in the year 2027.
Blood collection, processing, management devices & consumables are class of medical devices used for collecting the whole blood from the donor, segregating the collected blood into blood components like RBC, WBC, platelets & plasma and then preserving the segregated components for the purpose of therapeutics and maintaining the protocols of available blood groups and donor information for serving the emergency purposes. Increase in aging population and subsequent rise in incidence of chronic diseases, emergence of advanced automated blood collection and processing devices and favorable reimbursement policies are the factors driving the market growth. Emergence of needle free devices & RFID technology and market expansion opportunities in emerging countries are some of the opportunities of this market.
The devices sector of the global blood processing devices and consumables market is expected to grow the most over the projected period due to research and development and key players in the market launching new products. In terms of end users, diagnostic laboratories have the largest share of the global blood processing devices and consumables market. Because of the increased prevalence of diseases such as cancer, diabetes, hepatitis B, heart disease, and HIV AIDS, the diagnostic laboratories industry holds the greatest market share. To establish the severity of the sickness, all disorders demand the use of many blood tests.
The report aspects discussed the profile of the top manufacturers of the global Blood Collection, Processing, Management Devices, and Consumables market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Blood Collection, Processing, Management Devices, and Consumables Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
BD, Babson Diagnostics Announce Strategic Partnership Agreement to Enable Small-Volume Blood Collection for Diagnostic Testing in Retail Settings
Feb. 12, 2020 -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company and Babson Diagnostics, a transformative diagnostic blood testing company, today announced a long-term strategic partnership agreement to bring laboratory-quality, small-volume blood collection to retail pharmacies.
Grifols acquires 10% stake in Bloodbuy, cloud-based marketplace for blood products
July 23, 2020 - Grifols (MCE: GRF, MCE: GRF.P, NASDAQ: GRFS), a leading global producer of plasma-derived medicines and a leader in the development of innovative diagnostic solutions, today announced it has acquired 10% of Bloodbuy (BloodSolutions, LLC), a cloud-based marketplace that facilitates buying and selling of blood components in the U.S.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
Over the projected period, Asia Pacific is expected to have a higher CAGR in the worldwide blood processing devices and consumables market. Following the COVID-19 pandemic in Asia Pacific, the healthcare and life sciences infrastructure is rapidly increasing, which will increase the market over the projection period. In previous year, the market for blood collection, processing, management devices was controlled by North America. The United States has the biggest market share for blood collection, processing, management devices. The market's growth in the region is being aided by a number of growth drivers. Increased incidence of chronic kidney disease, increased requirement for COVID-19 diagnosis, increased market participant competition, high R&D investment, and government subsidies for research institutes to create novel blood-related equipment are some of the major drivers driving market expansion.
The Blood Collection, Processing, Management Devices, and Consumables Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Blood Collection, Processing, Management Devices, and Consumables Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Blood Collection, Processing, Management Devices, and Consumables Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Blood Collection, Processing, Management Devices, and Consumables Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Blood Collection, Processing, Management Devices, and Consumables Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Abbott Laboratories (NYSE: ABT), Becton, Dickinson and Company (NYSE: BDX), Haemonetics |
Forecast Period 2022 to 2028 CAGR | CAGR of 6.9% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Abbott Laboratories (NYSE: ABT), Becton, Dickinson and Company (NYSE: BDX), Haemonetics, Grifols S.A. (OTC: GIFLF), Immucor, Danaher Corp.(NYSE: DHR), Terumo Corp. ADR(OTC: TRUMY), Sysmex, Thermo Fisher Scientific Inc.(NYSE: TMO), Macopharma |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 130 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Blood Collection, Processing, Management Devices, and Consumables Market is studied from 2017 - 2027.
What is the growth rate of Blood Collection, Processing, Management Devices, and Consumables Market?
The Blood Collection, Processing, Management Devices, and Consumables Market is growing at a CAGR of 6.9% over the next 5 years.
Who are the key players in Blood Collection, Processing, Management Devices, and Consumables Market?
Abbott Laboratories (NYSE: ABT), Becton, Dickinson and Company (NYSE: BDX), Haemonetics, Grifols S.A. (OTC: GIFLF), Immucor, Danaher Corp. (NYSE: DHR), Terumo Corp. ADR (OTC: TRUMY), Sysmex, Thermo Fisher Scientific Inc. (NYSE: TMO), Macopharma
What regions does this Blood Collection, Processing, Management Devices, and Consumables Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Blood Collection, Processing, Management Devices, and Consumables Market?
Devices, Consumables, Software, Servicing
What are the major end-use applications of Blood Collection, Processing, Management Devices, and Consumables Market?
Diagnostics, Therapeutics, Research, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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