Market Overview:
The global blood processing devices market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for blood transfusions, and technological advancements in blood processing devices. Based on type, the global blood processing devices market is segmented into centrifuge, blood cell processors, blood bank freezers and refrigerators, and blood grouping analyzers. The centrifuge segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2030 due to its growing use in hospitals and clinics for various applications such as separation of plasma from red cells and platelets pheresis.
Product Definition:
Blood processing devices are used to separate blood components for transfusion, diagnosis, or research. The most common type of blood processing device is a centrifuge, which spins the blood at high speeds to separate the components. Other types of devices include filters and separators. Blood processing devices are important because they allow us to safely and efficiently transfuse blood products, diagnose diseases, and study the effects of treatments on cells and tissues.
Centrifuge:
A centrifuge is an instrument used in scientific research and testing for high speed rotation of a liquid or solid sample. The centrifuge consists of a main body with bearings, a motor, and usually several blades to increase the surface area. It is widely used in biotechnology industries for various applications such as DNA extraction, cell culture preparation etc.
Blood Cell Processors:
Blood cell processors are used in blood processing devices for separation, isolation, and concentration of blood cells. It is a mechanical device that helps in collecting white cells from the whole blood sample and red cell from platelet rich plasma. The processor extracts the required number of white & red cells using different mechanisms based on its design.
Application Insights:
Based on the application, the market is segmented into hospitals, blood banks and others. Hospitals are expected to be at the forefront of adoption owing to rising awareness about transfusion medicine and increasing patient admissions in hospitals worldwide.
Blood processing devices used in hospitals include centrifuges, blood cell processors, automated Blood Bank Freezers & Refrigerators (BBFRs), blood grouping analyzers and other equipment. The need for frequent transfusions across various applications such as surgery or trauma cases is anticipated to drive demand over the forecast period.
The growing number of hospital beds worldwide has led to an increased need for fresh frozen plasma (FFP) and plateletpheresis products which can be performed within a short time frame with minimal risk involved thereby driving growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of processing devices manufacturers and well-established healthcare infrastructure. In addition, increasing demand for blood group O negative blood is driving the regional market. Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare facilities and growing medical tourism in emerging countries such as China, India, Singapore, South Korea & Japan.
Germany accounted for a significant share due to strong commercial performances of Siemens Healthcare products including S7000 Centrifuge.
Growth Factors:
- Increasing incidence of chronic diseases such as cancer, diabetes, and heart diseases is expected to drive the demand for blood processing devices over the forecast period.
- Growing awareness about early diagnosis and treatment of chronic diseases is anticipated to boost the demand for blood processing devices in near future.
- Technological advancements in blood processing devices are projected to fuel the growth of this market during the forecast period. For instance, introduction of novel technologies such as automated blood collection systems and point-of-care testing is expected to create new opportunities for market players operating in this space.
- Rising number of surgical procedures across globe is another key factor that would propel growth of Blood Processing Devices market during forecast period . This can be attributed to increasing use of disposable medical products which has led hospitals & clinics shift towards usage these types products over reusable ones thus driving adoption rate for Blood Processing Devices globally . 5) The increasing geriatric population base worldwide will lead to an increase in demand for various types Blood Processing Devices including those used specifically catering elderly patients
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Processing Devices Market Research Report
By Type
Centrifuge, Blood Cell Processors, Blood Bank Freezers and Refrigerators, Blood Grouping Analyzers
By Application
Hospitals, Blood Banks
By Companies
Haemonetics, Fresenius, Terumo, B. Braun Melsungen, Macopharma, Haier Biomedical
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Blood Processing Devices Market Report Segments:
The global Blood Processing Devices market is segmented on the basis of:
Types
Centrifuge, Blood Cell Processors, Blood Bank Freezers and Refrigerators, Blood Grouping Analyzers
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
Hospitals, Blood Banks
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:
- Haemonetics
- Fresenius
- Terumo
- B. Braun Melsungen
- Macopharma
- Haier Biomedical
Highlights of The Blood Processing Devices 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:
- Centrifuge
- Blood Cell Processors
- Blood Bank Freezers and Refrigerators
- Blood Grouping Analyzers
- By Application:
- Hospitals
- Blood Banks
- 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 Processing Devices 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Blood processing devices are used to process blood for transfusion.
Some of the key players operating in the blood processing devices market are Haemonetics, Fresenius, Terumo, B. Braun Melsungen, Macopharma, Haier Biomedical.
The blood processing devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blood Processing Devices 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 Processing Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blood Processing Devices 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 Processing Devices 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 Processing Devices Market Size & Forecast, 2018-2028
4.5.1 Blood Processing Devices Market Size and Y-o-Y Growth
4.5.2 Blood Processing Devices Market Absolute $ Opportunity
Chapter 5 Global Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Type
5.2.1 Centrifuge
5.2.2 Blood Cell Processors
5.2.3 Blood Bank Freezers and Refrigerators
5.2.4 Blood Grouping Analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Blood Banks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blood Processing Devices 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 Processing Devices 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 Blood Processing Devices Analysis and Forecast
9.1 Introduction
9.2 North America Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Type
9.6.1 Centrifuge
9.6.2 Blood Cell Processors
9.6.3 Blood Bank Freezers and Refrigerators
9.6.4 Blood Grouping Analyzers
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 Blood Processing Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Blood Banks
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 Blood Processing Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Type
10.6.1 Centrifuge
10.6.2 Blood Cell Processors
10.6.3 Blood Bank Freezers and Refrigerators
10.6.4 Blood Grouping Analyzers
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 Blood Processing Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Blood Banks
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 Blood Processing Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Type
11.6.1 Centrifuge
11.6.2 Blood Cell Processors
11.6.3 Blood Bank Freezers and Refrigerators
11.6.4 Blood Grouping Analyzers
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 Blood Processing Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Blood Banks
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 Blood Processing Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Blood Processing Devices 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 Blood Processing Devices Market Size Forecast by Type
12.6.1 Centrifuge
12.6.2 Blood Cell Processors
12.6.3 Blood Bank Freezers and Refrigerators
12.6.4 Blood Grouping Analyzers
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 Blood Processing Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Blood Banks
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) Blood Processing Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blood Processing Devices 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) Blood Processing Devices Market Size Forecast by Type
13.6.1 Centrifuge
13.6.2 Blood Cell Processors
13.6.3 Blood Bank Freezers and Refrigerators
13.6.4 Blood Grouping Analyzers
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) Blood Processing Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Blood Banks
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 Processing Devices Market: Competitive Dashboard
14.2 Global Blood Processing Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haemonetics
14.3.2 Fresenius
14.3.3 Terumo
14.3.4 B. Braun Melsungen
14.3.5 Macopharma
14.3.6 Haier Biomedical
