What is Global Blood Processing Consumables Market?
The Global Blood Processing Consumables Market is a vast and intricate field that encompasses a wide range of products and services. These are essential in the medical and healthcare industry, particularly in the areas of blood collection, processing, and transfusion. The market includes various consumables such as blood lancets, coagulation and blood grouping reagents, blood filters, vials, blood collection tubes and needles, blood bags, and others. Each of these consumables plays a crucial role in ensuring the safety and efficacy of blood processing. For instance, blood lancets are used to puncture the skin to obtain a blood sample, while coagulation and blood grouping reagents are used to test the blood for various factors such as blood type and clotting ability. Blood filters are used to remove impurities from the blood, and vials, tubes, and needles are used for the collection and storage of blood. Blood bags are used for the storage and transport of blood and blood components. These consumables are designed to be safe, efficient, and reliable, ensuring that the blood processing procedure is carried out smoothly and effectively.
Blood Lancets, Coagulation and Blood Grouping Reagents, Blood Filters, Vials, Blood Collection Tubes and Needles, Blood Bags, Others in the Global Blood Processing Consumables Market:
The Global Blood Processing Consumables Market finds its application in various areas, notably in hospitals and blood banks. In hospitals, these consumables are used in various departments such as the emergency department, the operating room, and the laboratory. They are used for various procedures such as blood collection, blood tests, and blood transfusions. In blood banks, these consumables are used for the collection, processing, testing, and storage of blood and blood components. They are essential in ensuring the safety and quality of the blood supply, helping to prevent the transmission of diseases and ensuring the availability of safe blood for transfusions. The use of these consumables in hospitals and blood banks is driven by the increasing demand for blood and blood components, the growing prevalence of diseases requiring blood transfusions, and the increasing emphasis on blood safety.
Hospitals, Blood Banks in the Global Blood Processing Consumables Market:
The Global Blood Processing Consumables Market has shown significant growth in recent years. In 2022, the market was valued at US$ 18430 million. This value is expected to increase substantially, reaching an estimated US$ 29800 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period from 2023 to 2029. This growth can be attributed to various factors such as the increasing demand for blood and blood components, the growing prevalence of diseases requiring blood transfusions, advancements in blood processing technologies, and the increasing emphasis on blood safety. The market's growth is also driven by the increasing investment in healthcare infrastructure, the growing awareness about blood donation, and the increasing demand for blood processing consumables in emerging markets.
| Report Metric | Details |
| Report Name | Blood Processing Consumables Market |
| Accounted market size in 2023 | US$ 20650 million |
| Forecasted market size in 2029 | US$ 29800 million |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | Macopahrma, Biomerieux, Bio-Rad Laboratories, Abbott Laboratories, Dickinson, Roche Holdings, Grifols International, Haemonetics, Beckman Coulter, Immucor |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
