Blood processing devices and consumables market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030) owing to the rise burden of disorders requiring blood transfusion, increasing surgical procedures, as well as increasing geriatric population. The rising need for safe blood supply for surgeries or other transfusion procedures is shows market growth. To overcome the infections caused due to blood transfusions and blood donation, several blood processing machines and blood processing consumables are utilized to prevent infection.
Segmental Outlook
The global blood processing devices and consumables market is segmented by the blood processing devices, and consumables. Based on the blood processing devices, the market is sub-segmented into blood bank freezers, blood warmers, blood grouping analyzers, blood bank refrigerators, hematocrit centrifuges and blood cell processors. Further, based on consumables, the market is sub-segmented into blood lancets, vials, microscopic slides, blood bags, blood administration sets, and others. Among the consumables, the blood bags sub-segment is anticipated to hold a considerable share of the market due to rising numbers of hospitals, blood banks, and other healthcare centers. Furthermore, the growing awareness about blood donation among citizens is also propelling the demand for blood bags, globally.
Blood Cell Processors Sub-Segment is Anticipated to Hold a Considerable Share of the Global Blood Processing Devices and Consumables Market
Among the blood processing devices, the blood cell processors sub-segment is expected to hold a considerable share of the global Blood Processing Devices and Consumables market. Blood cell processors is one of the precious lifesaving procedures in the field of transfusion medicine. Blood cell processors employs centrifuge-based technology to separate the whole blood into its major components. Blood cell processors provide an option to labor-intensive techniques for separating cell products, such as manually layering blood over a density gradient separation medium using conical tubes. Blood cell processors are used in blood banks, transfusion laboratories, cellular therapy laboratories, and manufacturing facilities. Increasing number of blood donations as well as the introduction of new products by the market players are major factors fueling the growth of the segment. According to WHO, around 118.5 million units of donated blood are collected globally every year, although more units would need to be collected to meet the needs of transfusion of all the patients in the globally. An increase of 10.7 million blood donations from voluntary unpaid donors has been reported from 2008 to 2018.
Regional Outlook
The global blood processing devices and consumables market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to increasing healthcare expenditure and government initiatives to improve healthcare infrastructure in countries such as China and India drive the adoption of advanced blood processing technologies and consumables.
Global Blood Processing Devices and Consumables Market Growth, by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Blood Processing Devices and Consumables Market
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period due to the rising cases blood cancer and presence of several organizations engaged in the distribution of blood components that arises the need for blood processing. Bone marrow, blood cells, lymph nodes, and other lymphatic system components can all be impacted by cancers such as leukemia, lymphoma, myeloma, and myelodysplastic syndromes (MDS). Apheresis technology has apparently been utilized to lower the white cell count until other drugs are able to regulate it.
According to the Leukemia and Lymphoma Society (LLS), approximately every three minutes, one person in the US is diagnosed with blood cancer in 2021. Approximately every 9 minutes, someone in the US dies from a blood cancer. Moreover, organizations in the region are engaged in growing awareness about blood donation among citizens is also propelling the demand for blood processing devices and consumables market. Each year, an estimated 6.8 million people in the U.S. donate blood and 13.6 million units of whole blood and red blood cells are collected in the U.S. in a year.
Market Players Outlook
The major companies serving the global blood processing devices and consumables market include Abbott Laboratories, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2021, BD (Becton, Dickinson and Company), acquired Velano Vascular. The Velano Vascular acquisition is in line with BD's growth strategy to enter new categories that deal with unmet needs and have a more positive impact on patients and health systems. Velano Vascular offers an innovative, needle-free technology that enables high-quality blood drawn from existing peripheral intravenous catheter (PIVC) lines, BD can now enable health care providers to help eliminate multiple needlesticks for blood sample collection, reducing the pain and discomfort from the process while delivering quality outcomes
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Abbott Laboratories
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Becton, Dickinson and Company
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Bio-Rad Laboratories, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Blood Processing Devices and Consumables Market by Blood Processing Devices
4.1.1. Blood Bank Freezers
4.1.2. Blood Warmers
4.1.3. Blood Grouping Analyzers
4.1.4. Blood Bank Refrigerators
4.1.5. Hematocrit Centrifuges
4.1.6. Blood Cell Processors
4.2. Global Blood Processing Devices and Consumables Market by Consumables
4.2.1. Blood Lancets
4.2.2. Vials
4.2.3. Microscopic Slides
4.2.4. Blood Bags
4.2.5. Blood Administration Sets
4.2.6. Others (Blood Collection Tubes, Hematology Reagents)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Beckman Coulter, Inc.
6.2. BIOMÉRIEUX
6.3. F. Hoffmann-La Roche Ltd
6.4. Fresenius SE & Co KGaA
6.5. Global Scientific Company
6.6. Grifols, S.A.
6.7. Haemonetics Corporation
6.8. Immucor, Inc
6.9. Macopharma
6.10. Martin Christ Gefriertrocknungsanlagen GmbH
6.11. Poly Medicure
6.12. Teleflex Incorporated
6.13. Terumo Corporation
6.14. Thermo Fisher Scientific, Inc
6.15. ThermoGenesis Holdings, Inc.
6.16. Troge Medical GmbH?
1. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY BLOOD PROCESSING DEVICES, 2022-2030 ($ MILLION)
2. GLOBAL BLOOD BANK FREEZERS MARKET RESEARCH AND ANALYSIS BY REGION 2022-2030 ($ MILLION)
3. GLOBAL BLOOD WARMERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL BLOOD GROUPING ANALYZERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL BLOOD BANK REFRIGERATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL BLOOD HEMATOCRIT CENTRIFUGES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL BLOOD CELL PROCESSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY CONSUMABLES, 2022-2030 ($ MILLION)
9. GLOBAL BLOOD LANCETS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
10. GLOBAL VIALS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
11. GLOBAL MICROSCOPIC SLIDES MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
12. GLOBAL BLOOD BAGS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
13. GLOBAL BLOOD ADMINISTRATION SETS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL OTHERS BLOOD PROCESSING CONSUMABLES MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
15. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. NORTH AMERICAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
17. NORTH AMERICAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY BLOOD PROCESSING DEVICES, 2022-2030 ($ MILLION)
18. NORTH AMERICAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY CONSUMABLES, 2022-2030 ($ MILLION)
19. EUROPEAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. EUROPEAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY BLOOD PROCESSING DEVICES, 2022-2030 ($ MILLION)
21. EUROPEAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY CONSUMABLES, 2022-2030 ($ MILLION)
22. ASIA-PACIFIC BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. ASIA-PACIFIC BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY BLOOD PROCESSING DEVICES, 2022-2030 ($ MILLION)
24. ASIA-PACIFIC BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY CONSUMABLES, 2022-2030 ($ MILLION)
25. REST OF THE WORLD BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
26. REST OF THE WORLD BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY BLOOD PROCESSING DEVICES, 2022-2030 ($ MILLION)
27. REST OF THE WORLD BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET RESEARCH AND ANALYSIS BY CONSUMABLES, 2022-2030 ($ MILLION)
1. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SHARE BY BLOOD PROCESSING DEVICES, 2022 VS 2030 (%)
2. GLOBAL BLOOD BANK FREEZERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL BLOOD WARMERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL BLOOD GROUPING ANALYZERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL BLOOD BANK REFRIGERATORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL BLOOD HEMATOCRIT CENTRIFUGES MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL BLOOD CELL PROCESSORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SHARE BY CONSUMABLES, 2022 VS 2030 ($ MILLION)
9. GLOBAL BLOOD LANCETS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL VIALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL MICROSCOPIC SLIDES MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL BLOOD BAGS MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL BLOOD ADMINISTRATION SETS MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL OTHERS BLOOD PROCESSING CONSUMABLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. US BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
17. CANADA BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
18. UK BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
19. FRANCE BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
20. GERMANY BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
21. ITALY BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
22. SPAIN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF EUROPE BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
24. INDIA BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
25. CHINA BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
26. JAPAN BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
27. SOUTH KOREA BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF ASIA-PACIFIC BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF THE WORLD BLOOD PROCESSING DEVICES AND CONSUMABLES MARKET SIZE, 2022-2030 ($ MILLION)