Global Blood Preparation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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This report was compiled by Trishita Deb Trishita Deb is an experienced market research and consulting professional with over 7 years of expertise across healthcare, consumer goods, and materials, contributing to over 400 healthcare-related reports. Correspondence Team Lead- Healthcare Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global blood preparation market in its upcoming report titled, “Global blood preparation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global blood preparation market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global blood preparation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global blood preparation market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global blood preparation market report has been segmented on the basis of product, type, application, and region.
Blood is a body fluid in humans, and other animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away from those same cells. The whole blood is a mixture that contains cells, colloids, and crystalloids which can be separated into different blood components namely packed red blood cell (PRBC) concentrate, platelet concentrate, fresh frozen plasma, and cryoprecipitate. Different components need different storage conditions and temperature requirements for therapeutic efficacy. Breakthroughs in Phenylketonuria research drive advancements in the blood preparation market, ensuring safe and tailored therapies for affected individuals.
Introduction of advanced technology in the field of transfusion medicine, rising demand of blood for surgical procedures, and increasing number of cardiac surgeries in developed and developing economies are key factors driving growth of the global blood preparation market. Additionally, increasing number of non-fatal accidents, growing awareness among individuals about quality of blood transfusion services, increasing government initiative for R&D, and high expenditure on healthcare sector by governments of countries are other factors expected to fuel growth of the global blood preparation market over the forecast period.
However, high risk of transmission of disease such viral fever, HIV is a key factor restraining growth of the global blood preparation market. In addition, increasing incidence of allergic reactions at the time of blood transfusion such as hypotensive transfusion reaction is another factor hampering growth of the global blood preparation market over the forecast period.
The market in North America accounted for highest share in terms of revenue in the global blood preparation market, owing to increasing incidence of thrombocytosis disorders, growing patient awareness about blood transfusion services, high expenditure on healthcare infrastructure, and in development of novel drugs in countries in the region. The market in Europe accounted second- highest share in terms of revenue, owing to favorable reimbursement policies for blood components in the region. The market in Asia Pacific is expected to witness fastest growth in terms of revenue owing to favorable government initiatives for development of appropriate healthcare infrastructure in emerging economies such as China and India.
Global Blood Preparation Market Segmentation:
Global blood preparation market segmentation by product:
- Whole blood
- Plasma
- Blood component
- Cryoprecipitate
- Frozen plasma
- Plasma derivatives
Global blood preparation market segmentation by type:
- Anti-thrombotic type
- Platelet Aggregation Inhibitors
- Fibrinolytics
- Anticoagulants
- Urokinase
- Tissue Plasminogen Activator
- Anticoagulant Type
- Heparin
- Direct Thrombin Inhibitors
- Direct Factor Xa Inhibitor
Global blood preparation market segmentation by application:
- Thrombocytosis
- Pulmonary Embolism
- Renal Impairment
- Angina Blood Vessel Complications
Global blood preparation market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Bristol-Myers Squibb Company
- Pfizer Inc.
- Baxter Healthcare Corporation
- LEO Pharma Inc.
- Sanofi-Aventis SA
- Celgene Corporation
- GlaxoSmithKline plc
- AstraZeneca