The global blood processing devices and consumables market was worth USD 40,139.2 million in 2021 and is poised to amplify at a CAGR of 6.7% over 2022-2030, thereby amassing a valuation of USD 63,159.5 million by end of the assessment timeline.
The equipment and supplies used in blood processing are essential components of blood banks. Blood is processed at blood banks so that it can be kept for an extended period of time. Blood processing equipment and supplies are used to process the blood. Devices for processing blood are also employed in hospitals for blood transfusions as well as in diagnostic facilities for the diagnosis of disorders like diabetes, cancer, and heart-related diseases. Refrigerators, cell processors, centrifuges, blood storage bags, blood collection tubes, and numerous other reagents are some of the equipment and supplies used in blood processing. a number of operations,
Transfusions and blood processing are necessary for stem cell therapy and organ transplants, which is likely to drive the market for blood processing equipment and supplies worldwide. Further driving the market expansion is the rise in the diagnosis of numerous ailments, including cancer, diabetes, and heart conditions found through blood screening.
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Blood processing consumables and blood processing devices make up the two segments of the global market for these products. Hematocrit centrifuges, blood bank refrigerators and blood grouping analyzers, blood bank freezers, blood warmers, and blood cell processors are the many sub-segments of the blood processing devices segment. Blood bags, blood administration sets, sedimentation tubes, blood collection tubes, blood collection needles, coagulation reagents, vials, microscopic slides, haematology reagents, slide stains, blood lancets, blood filters, and test tube racks are all included in the segment of blood processing consumables.
Global Blood Processing Devices and Consumables Market- Key trends
Growing prevalence of blood transfused ailments to aid industry expansion
Global blood processing devices and consumables market is expected to grow during forecast period owing to blood screening tests required for blood transfused diseases, infectious disease, and sickle cell disease. Sickle cell disease is one of the genetically inherited disease, where red blood cells do not have enough capacity to carry oxygen throughout the body. Hence these patients need blood transfusion regularly, in specific intervals of time, which is expected to boost the global blood processing devices and consumables market.
Global Blood Processing Devices and Consumables Market- Segmental assessment
By Product Type
• Devices
• Consumables
By End User
• Hospitals and Clinics
• Diagnostic Laboratories
• Other End Users
Global Blood Processing Devices and Consumables Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Beckman Coulter, Inc., Thermogenesis Holdings, Inc., Maco Pharma International GmbH, Immucor, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Grifols, S.A., Abbott Laboratories, Global Scientific Company, Sigma Laborzentrifugen GmbH, Terumo BCT, Inc., Poly Medicure Ltd, and Thermo Fisher Scientific, Inc.
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