Market Overview:
The global medical blood filters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, growing demand for blood transfusion, and technological advancements in medical blood filters. However, the high cost of treatment and lack of awareness about medical blood filters are some factors that may restrain the growth of this market during the forecast period. Based on type, the global medical blood filters market is segmented into whole blood transfusion, platelet transfusion, and red cell transfusion. The wholeblood transfusion segment is expected to account for the largest share of this market in 2018. This can be attributed to rising incidence ratesof chronic diseases such as cancer and heart disease acrossthe globe.
Product Definition:
A medical blood filter is a device used to remove impurities from the blood. It may be used to improve the quality of donated blood or to treat patients with conditions that require purified blood.
Whole Blood Transfusion:
Whole blood transfusion is a procedure where a patient's entire blood is replaced with new blood. It's major use is in cases of severe bleeding and anemia. In these cases, the old or damaged red blood cells are removed from the patient using filters that separate them from the fresh ones.
Platelet Transfusion:
Platelet transfusion is the process of replacing or supplementing the blood volume in order to prevent bleeding and maintain coagulation. It is used as a treatment for severe hemorrhage and also to avoid excessive bleeding during surgeries. Platelets are produced in the bone marrow and after that they are transported to the site of injury via peripheral blood.
Application Insights:
Based on application, the global medical blood filters market is segmented into blood processing, transfusion medicine and other applications. The transfusion medicine segment dominated the overall market in terms of revenue share in 2017. This can be attributed to an increase in demand for red cells, platelets and plasma from various end-use segments such as hospitals & clinics, home healthcare services and accident & trauma centers. Moreover, a rise in R&D activities pertaining to new product development for better patient care is expected to boost industry growth over the forecast period.
Blood processing was estimated as largest application sub-segment owing to increasing usage of filter products during hematology analyzes such as crossmatching tests between donor¢â‚¬â„¢s blood.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate for advanced medical products are some factors responsible for its large share. Moreover, increasing demand to curb the rising number of donations is expected to drive the regional market further.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to a rise in blood donation activities coupled with government initiatives aimed at improving healthcare facilities in developing countries such as India and China. In addition, increasing prevalence of chronic diseases requiring blood transfusion is also expected fuel growth over this period. For instance, according to data published by WHO, approximately 1 million surgical procedures were performed annually requiring red cell transfusion in China from 2010 till 2015; whereas it increased up till 2018 reaching 1.5 million per year procedure (data on file).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. As a result, there is an increased demand for medical blood filters to treat various chronic conditions such as renal failure, liver cirrhosis, and cancer.
- Technological advancements: The medical blood filters market is witnessing rapid technological advancements, with new products being launched regularly in order to meet the growing needs of patients. For instance, in 2016 Abbott Laboratories introduced a novel hemodiafiltration product called PrismaFlex HDF that helps improve patient outcomes by reducing inflammation and preserving kidney function. Such innovations are likely to fuel market growth in the coming years.
- Rising geriatric population: The global geriatric population is growing rapidly due to advances in healthcare and lifestyle changes among older people worldwide. This has resulted in an increase in the number of patients requiring treatment for age-related disorders such as renal failure and dementia etc., which drives demand for medical blood filters products..
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Blood Filters Market Research Report
By Type
Whole Blood Transfusion, Platelet Transfusion, Red Cell Transfusion
By Application
Blood Processing, Blood Transfusion
By Companies
Asahi Kasei Medical, Haemonetics, Fresenius, Macopharma, Shandong Zhongbaokang, Nanjing Shuangwei, Chengdu Shuanglu, Braile Biomedica, Nanjing Cellgene
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Medical Blood Filters Market Report Segments:
The global Medical Blood Filters market is segmented on the basis of:
Types
Whole Blood Transfusion, Platelet Transfusion, Red Cell Transfusion
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 Processing, Blood Transfusion
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:
- Asahi Kasei Medical
- Haemonetics
- Fresenius
- Macopharma
- Shandong Zhongbaokang
- Nanjing Shuangwei
- Chengdu Shuanglu
- Braile Biomedica
- Nanjing Cellgene
Highlights of The Medical Blood Filters 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:
- Whole Blood Transfusion
- Platelet Transfusion
- Red Cell Transfusion
- By Application:
- Blood Processing
- Blood Transfusion
- 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 Medical Blood Filters 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:
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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?
Medical blood filters are devices that remove harmful substances from the blood. They can be used to treat a variety of medical conditions, including cancer, hepatitis C, and HIV.
Some of the key players operating in the medical blood filters market are Asahi Kasei Medical, Haemonetics, Fresenius, Macopharma, Shandong Zhongbaokang, Nanjing Shuangwei, Chengdu Shuanglu, Braile Biomedica, Nanjing Cellgene.
The medical blood filters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Blood Filters 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 Medical Blood Filters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Blood Filters 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 Medical Blood Filters 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 Medical Blood Filters Market Size & Forecast, 2018-2028
4.5.1 Medical Blood Filters Market Size and Y-o-Y Growth
4.5.2 Medical Blood Filters Market Absolute $ Opportunity
Chapter 5 Global Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Type
5.2.1 Whole Blood Transfusion
5.2.2 Platelet Transfusion
5.2.3 Red Cell Transfusion
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Applications
6.2.1 Blood Processing
6.2.2 Blood Transfusion
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Blood Filters 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 Medical Blood Filters 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 Medical Blood Filters Analysis and Forecast
9.1 Introduction
9.2 North America Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Type
9.6.1 Whole Blood Transfusion
9.6.2 Platelet Transfusion
9.6.3 Red Cell Transfusion
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 Medical Blood Filters Market Size Forecast by Applications
9.10.1 Blood Processing
9.10.2 Blood Transfusion
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 Medical Blood Filters Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Type
10.6.1 Whole Blood Transfusion
10.6.2 Platelet Transfusion
10.6.3 Red Cell Transfusion
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 Medical Blood Filters Market Size Forecast by Applications
10.10.1 Blood Processing
10.10.2 Blood Transfusion
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 Medical Blood Filters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Type
11.6.1 Whole Blood Transfusion
11.6.2 Platelet Transfusion
11.6.3 Red Cell Transfusion
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 Medical Blood Filters Market Size Forecast by Applications
11.10.1 Blood Processing
11.10.2 Blood Transfusion
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 Medical Blood Filters Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Blood Filters 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 Medical Blood Filters Market Size Forecast by Type
12.6.1 Whole Blood Transfusion
12.6.2 Platelet Transfusion
12.6.3 Red Cell Transfusion
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 Medical Blood Filters Market Size Forecast by Applications
12.10.1 Blood Processing
12.10.2 Blood Transfusion
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) Medical Blood Filters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Blood Filters 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) Medical Blood Filters Market Size Forecast by Type
13.6.1 Whole Blood Transfusion
13.6.2 Platelet Transfusion
13.6.3 Red Cell Transfusion
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) Medical Blood Filters Market Size Forecast by Applications
13.10.1 Blood Processing
13.10.2 Blood Transfusion
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 Medical Blood Filters Market: Competitive Dashboard
14.2 Global Medical Blood Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Kasei Medical
14.3.2 Haemonetics
14.3.3 Fresenius
14.3.4 Macopharma
14.3.5 Shandong Zhongbaokang
14.3.6 Nanjing Shuangwei
14.3.7 Chengdu Shuanglu
14.3.8 Braile Biomedica
14.3.9 Nanjing Cellgene
