Market Overview:
The global blood thaw equipment market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for blood transfusions and rising prevalence of diseases such as cancer, which require blood transfusions. In addition, the increasing number of cord blood and stem cell banks is also contributing to the growth of the market. On the basis of type, manual blood thawing equipment held a major share in 2017 and is expected to continue its dominance during the forecast period. However, automated blood thawing equipment is projected to grow at a higher CAGR from 2018 to 2030 owing to its advantages over manual devices such as faster thaw time and reduced chances of human error. On the basis of application, hospitals & diagnostic laboratories held a major share in 2017 and this trend is expected continue duringthe forecast period. This can be attributedto increase incancer incidence ratesand other life-threatening diseases that requireblood transfusions on an urgent basis .
Product Definition:
Blood Thaw Equipment is a machine used to quickly and safely thaw frozen blood products. The importance of Blood Thaw Equipment is that it allows for the safe and timely use of frozen blood products, which can be critical in emergency situations.
Manual Blood Thawing:
Manual blood thawing is a process in which the frozen blood is manually heated at body temperature to avoid any damage. The manual thawing process has certain disadvantages such as it takes longer time and also there is a risk of error that can cause injuries to patients. To avoid these risks, medical device manufacturers are using automated devices for manual bloodthawing process.
Automated Blood Thawing:
Automated blood thawing is a process where the frozen blood or plasma is heated to a temperature at which it can be used for transfusion. The automated devices are designed in such a way that they help in reducing manual efforts and errors during the process of blood processing.
The global market size was valued at USD 1,37,500 thousand in 2015.
Application Insights:
Blood banks & transfusion centers led the global market in 2017. This is attributed to factors such as increasing cases of road accidents and trauma, rising geriatric population across the globe, and growing incidences of blood disorders. Moreover, increasing number of commercial mobile blood banks has fueled segment growth over the past few years. For instance, Oasis Lifeline Blood Bank launched by Illumina provides a wide range of products including automated external defibrillators (AEDs), point-of-care testing devices for cardiac arrest patients suffering from mild to severe traumatic brain injuries (TBIs), and expandable storage packs for whole blood that are used at the scene of an emergency or disaster site until regular units can be deployed at a hospital or other facility. Such trends are expected to drive demand for thawing equipment in this segment over the forecast period.
Regional Analysis:
North America dominated the global blood thaw equipment market in 2017. This can be attributed to the presence of a large number of private and public cord blood banks, increasing incidence of chronic diseases, and availability of advanced technology for frozen storage. Moreover, growing demand for stem cell therapies is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as rapidly improving healthcare infrastructure with an increase in government spending on medical research that drives innovation in biotechnology products used for tissue regeneration and replacement therapy; rising prevalence of chronic diseases due to unhealthy lifestyles; and increasing adoption rate & awareness about blood donation activities among people especially youth which results into high demand from hospitals & diagnostic laboratories. In addition, low cost labor coupled with favorable government regulations pertaining towards tax benefits are driving manufacturers based outside Asia Pacific region including U.S.
Growth Factors:
- Increasing demand for blood transfusion and blood products
- Rising prevalence of chronic diseases and cancer
- Technological advancements in blood thawing equipment
- Growing number of surgical procedures requiring blood transfusion
- Increasing awareness about the benefits of using blood thawing equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Thaw Equipment Market Research Report
By Type
Manual Blood Thawing, Automated Blood Thawing
By Application
Blood Banks & Transfusion Centers, Hospitals & Diagnostic Laboratories, Cord Blood & Stem Cell Banks, Research & Academic Institutes, Biotechnology & Pharmaceutical Companies, Tissue Banks
By Companies
Helmer Scientific, Boekel Scientific, Sarstedt, Barkey, BioCision, Cardinal Health, Sartorius, GE Healthcare, Thermo Fisher Scientific, CytoTherm
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Blood Thaw Equipment Market Report Segments:
The global Blood Thaw Equipment market is segmented on the basis of:
Types
Manual Blood Thawing, Automated Blood Thawing
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 Banks & Transfusion Centers, Hospitals & Diagnostic Laboratories, Cord Blood & Stem Cell Banks, Research & Academic Institutes, Biotechnology & Pharmaceutical Companies, Tissue 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:
- Helmer Scientific
- Boekel Scientific
- Sarstedt
- Barkey
- BioCision
- Cardinal Health
- Sartorius
- GE Healthcare
- Thermo Fisher Scientific
- CytoTherm
Highlights of The Blood Thaw Equipment 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:
- Manual Blood Thawing
- Automated Blood Thawing
- By Application:
- Blood Banks & Transfusion Centers
- Hospitals & Diagnostic Laboratories
- Cord Blood & Stem Cell Banks
- Research & Academic Institutes
- Biotechnology & Pharmaceutical Companies
- Tissue 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 Thaw Equipment 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 Thaw Equipment is a medical device that helps to thaw and re-warm blood.
Some of the major players in the blood thaw equipment market are Helmer Scientific, Boekel Scientific, Sarstedt, Barkey, BioCision, Cardinal Health, Sartorius, GE Healthcare, Thermo Fisher Scientific, CytoTherm.
The blood thaw equipment 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 Thaw Equipment 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 Thaw Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blood Thaw Equipment 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 Thaw Equipment 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 Thaw Equipment Market Size & Forecast, 2018-2028
4.5.1 Blood Thaw Equipment Market Size and Y-o-Y Growth
4.5.2 Blood Thaw Equipment Market Absolute $ Opportunity
Chapter 5 Global Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
5.2.1 Manual Blood Thawing
5.2.2 Automated Blood Thawing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Applications
6.2.1 Blood Banks & Transfusion Centers
6.2.2 Hospitals & Diagnostic Laboratories
6.2.3 Cord Blood & Stem Cell Banks
6.2.4 Research & Academic Institutes
6.2.5 Biotechnology & Pharmaceutical Companies
6.2.6 Tissue Banks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blood Thaw Equipment 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 Thaw Equipment 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 Thaw Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
9.6.1 Manual Blood Thawing
9.6.2 Automated Blood Thawing
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 Thaw Equipment Market Size Forecast by Applications
9.10.1 Blood Banks & Transfusion Centers
9.10.2 Hospitals & Diagnostic Laboratories
9.10.3 Cord Blood & Stem Cell Banks
9.10.4 Research & Academic Institutes
9.10.5 Biotechnology & Pharmaceutical Companies
9.10.6 Tissue 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 Thaw Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
10.6.1 Manual Blood Thawing
10.6.2 Automated Blood Thawing
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 Thaw Equipment Market Size Forecast by Applications
10.10.1 Blood Banks & Transfusion Centers
10.10.2 Hospitals & Diagnostic Laboratories
10.10.3 Cord Blood & Stem Cell Banks
10.10.4 Research & Academic Institutes
10.10.5 Biotechnology & Pharmaceutical Companies
10.10.6 Tissue 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 Thaw Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
11.6.1 Manual Blood Thawing
11.6.2 Automated Blood Thawing
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 Thaw Equipment Market Size Forecast by Applications
11.10.1 Blood Banks & Transfusion Centers
11.10.2 Hospitals & Diagnostic Laboratories
11.10.3 Cord Blood & Stem Cell Banks
11.10.4 Research & Academic Institutes
11.10.5 Biotechnology & Pharmaceutical Companies
11.10.6 Tissue 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 Thaw Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
12.6.1 Manual Blood Thawing
12.6.2 Automated Blood Thawing
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 Thaw Equipment Market Size Forecast by Applications
12.10.1 Blood Banks & Transfusion Centers
12.10.2 Hospitals & Diagnostic Laboratories
12.10.3 Cord Blood & Stem Cell Banks
12.10.4 Research & Academic Institutes
12.10.5 Biotechnology & Pharmaceutical Companies
12.10.6 Tissue 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 Thaw Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blood Thaw Equipment 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 Thaw Equipment Market Size Forecast by Type
13.6.1 Manual Blood Thawing
13.6.2 Automated Blood Thawing
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 Thaw Equipment Market Size Forecast by Applications
13.10.1 Blood Banks & Transfusion Centers
13.10.2 Hospitals & Diagnostic Laboratories
13.10.3 Cord Blood & Stem Cell Banks
13.10.4 Research & Academic Institutes
13.10.5 Biotechnology & Pharmaceutical Companies
13.10.6 Tissue 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 Thaw Equipment Market: Competitive Dashboard
14.2 Global Blood Thaw Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Helmer Scientific
14.3.2 Boekel Scientific
14.3.3 Sarstedt
14.3.4 Barkey
14.3.5 BioCision
14.3.6 Cardinal Health
14.3.7 Sartorius
14.3.8 GE Healthcare
14.3.9 Thermo Fisher Scientific
14.3.10 CytoTherm
