According to Future Market Insights, the worldwide Blood Banking Equipment market size is expected to be worth approximately US$ 14.8 billion in 2022. According to the analysis, revenues are predicted to grow at a CAGR of 4.7% from 2022 to 2032, hitting US$ 23.4 billion in 2032.
The increased number of surgical procedures and accidents has resulted in an increased demand for blood components, posing a serious challenge for blood banks and hospitals worldwide. The number of operations conducted in the UK has consistently increased, with over 70,000 A&E cases documented in the country in 2019, indicating a possible jump in demand for Blood Banking Equipment and products.
Increasing awareness about blood donation has become a top priority for blood transfusion centers, and governments around the world are offering various attractive reimbursement opportunities to encourage volunteer donors to donate blood.
Get a PDF Sample with TOC@ https://www.futuremarketinsights.com/reports/sample/rep-gb-14974
To promote patient access to blood products, transfusion services, and cellular therapies, the AABB works for broad insurance coverage and appealing reimbursement choices. Such measures implemented by developing economies can greatly promote the growth of the Blood Banking Equipment market in the approaching years.
The Blood Banking Equipment market’s expansion is primarily reliant on the automation of blood bank centres, the growing popularity of mobile blood drives and camps, government assistance and initiatives, and an increasing number of blood donors.
Key Takeaways
- Blood collection products are expected to account for 35.8% of the market in 2022, growing at a 4.8% CAGR during the forecast period.
- Hospitals will control 53.3% of the Blood Banking Equipment market in 2021.
- With a value share of 26.2% by the end of the projection period, North America is predicted to be the greatest leading region.
- India is expected to lead the growth in the South Asian Blood Banking Equipment market during the evaluation period.
“Rising prevalence of chronic blood-related disorders, along with increasing trend of blood donation drives will fuel the Blood Banking Equipment market over the forecast period,” says an analyst of Future Market Insights.
Contact our Market Research Specialist@ https://www.futuremarketinsights.com/ask-question/rep-gb-14974
Market Competition
Key Players:
- Medsurg
- Hamilton Syringes & Needles
- Hi-Tech Medicare Devices
- Abbott Laboratories
- Beckman Coulter, Inc.
- Becton, Dickinson and Company
- bioMérieux SA
- Bio-Rad Laboratories, Inc.
- Cerus Corporation
- CSL Behring LLC
- Fresenius Kabi AG
- Others
Acquisitions, partnerships, recognition and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies.
- Blood Collection: BD acquired Velano Vascular in July 2021 with the goal of adding breakthrough needle-free blood draw technology to alleviate the pain and discomfort of multiple needlesticks.
- Blood Processing: The novel plasma collection system developed by Terumo Blood and Cell Technologies received FDA approval in March 2022. Rika is a next-generation automated system that focuses on plasma centre personnel and donors’ experiences. It has safety features to reduce operator mistakes and harvests plasma in under 35 minutes.
Want More Insights
The North American region is the largest blood collection devices market due to the presence of a well-established healthcare infrastructure and a high demand for advanced medical devices.
Buy this Research Report for Professional and Technical Industry Insights@ https://www.futuremarketinsights.com/checkout/14974
Key Market Segments Covered in Blood Banking Equipment Industry Research
By Product:
- Blood Collection
- Blood Collection Sets
- Blood Bag Tube Sealer
- Blood Collection Mixer
- Blood Bags
- Reagents
- Lancets
- Others
- Blood Processing
- Centrifuges
- Blood Filters
- Blood Bank Analysers
- Blood Warmers
- Plasma Thawing Baths
- Blood Storage
- Blood Bank Refrigerators
- Blood Bank Freezers
- Test Tube Racks
- Others
By End User:
- Hospitals
- Blood Banks
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn | Twitter | Blogs