Market Overview:
The Global Blood Bag Centrifuge Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for blood bag centrifuges for blood bag centrifugation and other blood component centrifugation applications. North America dominates the global market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A blood bag centrifuge is a device that is used to separate the components of blood by spinning it at high speeds. This device can be used to separate plasma, red blood cells, and white blood cells. The importance of a blood bag centrifuge is that it can be used to treat medical conditions such as leukemia by separating the cancerous cells from the healthy ones.
Refrigarated Floor-Standing Centrifuges:
Refrigerated floor-standing centrifuges are used to separate the blood from the blood collection bags. The process of collecting and storing blood is known as Blood Banking or Blood Donation. Refrigeration of these devices helps in maintaining the quality and quantity of donated blood for a longer period, which is then used by hospitals during an emergency or for medical research purposes.
Floor-Standing Centrifuges:
Floor-standing centrifuges are the most commonly used centrifuges in hospitals and blood banks. They are available in different specifications such as diameter, capacity, speed, and head count. The market for floor-standing centrifuge is expected to witness significant growth over the forecast period owing to its increasing usage in hospitals & blood banks for separating plasma from whole blood or other body fluids such as serum or urine.
Application Insights:
Based on the application, the global market is segmented into blood bag centrifugation, other blood component centrifugation and frozen storage. The other blood component centrifugation segment dominated the market in 2017 owing to an increase in demand for plateletpheresis procedures across various regions.
Blood bag centrifugation is further categorized into primary separation of plasma from whole Blood and secondary/tertiary separation of components such as red cells, white cells and platelets. The growth in demand for primary red cell therapy due to an increase in patients suffering from aplastic anaemia is anticipated to drive product demand over the forecast period. In addition, growing usage of automated systems that perform multiple steps with just a few keystrokes during processing are expected to propel growth over the coming years.
Regional Analysis:
North America dominated the global blood bag centrifuge market in 2017. This is due to the presence of well-established healthcare facilities, high adoption rate of advanced technology and increasing demand for blood component separation. Moreover, growing number of FDA approvals for new products is also expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rising awareness regarding blood donation and need for product separation such as platelet rich plasma (PRP) treatment and stem cell transplantation in this region. In addition, increasing medical tourism industry in emerging countries such as India & China can be attributed to rapid expansion of centrifuge market in this region. Furthermore, government initiatives encouraging people from underdeveloped regions travel to developed nations for medical reasons are likely boost revenue generation capacity across Asia Pacific during the projected time frame (8).
Growth Factors:
- Increasing demand for blood transfusion and blood products
- Rising prevalence of chronic diseases
- Technological advancements in centrifuge devices
- Growing number of Blood Bag Centrifuge manufacturers and suppliers
- Increasing awareness about the benefits of Blood Bag Centrifuge
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Bag Centrifuge Market Research Report
By Type
Refrigarated Floor-Standing Centrifuges, Floor-Standing Centrifuges
By Application
Blood Bag Centrifugation, Other Blood Component Centrifugation
By Companies
ThermoFisher, Eppendorf, Sigma, Hettich, HITACHI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Blood Bag Centrifuge Market Report Segments:
The global Blood Bag Centrifuge market is segmented on the basis of:
Types
Refrigarated Floor-Standing Centrifuges, Floor-Standing Centrifuges
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Blood Bag Centrifugation, Other Blood Component Centrifugation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ThermoFisher
- Eppendorf
- Sigma
- Hettich
- HITACHI
Highlights of The Blood Bag Centrifuge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Refrigarated Floor-Standing Centrifuges
- Floor-Standing Centrifuges
- By Application:
- Blood Bag Centrifugation
- Other Blood Component Centrifugation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blood Bag Centrifuge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A blood bag centrifuge is a medical device used to separate plasma and red blood cells from whole blood.
Some of the key players operating in the blood bag centrifuge market are ThermoFisher, Eppendorf, Sigma, Hettich, HITACHI.
The blood bag centrifuge market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blood Bag Centrifuge Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Blood Bag Centrifuge Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Blood Bag Centrifuge Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Blood Bag Centrifuge Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Blood Bag Centrifuge Market Size & Forecast, 2020-2028 4.5.1 Blood Bag Centrifuge Market Size and Y-o-Y Growth 4.5.2 Blood Bag Centrifuge Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Refrigarated Floor-Standing Centrifuges
5.2.2 Floor-Standing Centrifuges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Blood Bag Centrifugation
6.2.2 Other Blood Component Centrifugation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blood Bag Centrifuge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blood Bag Centrifuge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Refrigarated Floor-Standing Centrifuges
9.6.2 Floor-Standing Centrifuges
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Blood Bag Centrifugation
9.10.2 Other Blood Component Centrifugation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Refrigarated Floor-Standing Centrifuges
10.6.2 Floor-Standing Centrifuges
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Blood Bag Centrifugation
10.10.2 Other Blood Component Centrifugation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Refrigarated Floor-Standing Centrifuges
11.6.2 Floor-Standing Centrifuges
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Blood Bag Centrifugation
11.10.2 Other Blood Component Centrifugation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Refrigarated Floor-Standing Centrifuges
12.6.2 Floor-Standing Centrifuges
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Blood Bag Centrifugation
12.10.2 Other Blood Component Centrifugation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Refrigarated Floor-Standing Centrifuges
13.6.2 Floor-Standing Centrifuges
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Blood Bag Centrifugation
13.10.2 Other Blood Component Centrifugation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blood Bag Centrifuge Market: Competitive Dashboard
14.2 Global Blood Bag Centrifuge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ThermoFisher
14.3.2 Eppendorf
14.3.3 Sigma
14.3.4 Hettich
14.3.5 HITACHI