Blood Filter Market Size, Analysis & Forecast 2021 to 2028

The blood filter market is projected to reach US$ 535.634 million by 2028 from US$ 405.226 million in 2021; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.

A blood filter is a screen-type filter composed of woven mesh made from polyester or nylon, and it is placed between the product bag and the patient for performing filtration. These filters are intended to protect patients from macro-aggregates and non-blood component particulate matter that could be hazardous if enter the bloodstream. They remove macro-aggregates such as micro-aggregate sites and fibrin aggregates during a blood transfusion. Filtration involves capturing particles and macro-aggregates made from leucocytes, fibrin, and platelets, formed during blood storage. Factors such as an increase in the burden of chronic diseases, a surge in cases of trauma and accidents, and a rising number of blood transfusion procedures drive the blood filter market growth. However, product recalls hamper the growth of the market.

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Blood Filter Market: Strategic Insights

Blood Filter Market

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  CAGR (2021 - 2028)

  4.1%
• Market Size 2021
  US$ 405.226 Million
• Market Size 2028
  US$ 535.634 Million

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• Asahi Kasei Corporation
• Fresenius Kabi AG
• Macopharma
• Haemonetics Corporation
• Infomed SA
• KANEKA CORPORATION
• Kawasumi laboratories Inc
• Sefar AG
• Shandong Zhongbaokang Medical Implements Co Ltd

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product

• 40 microns and 70 microns
• 100 microns and 170 microns

Material

• Polycarbonate
• Polyester
• ABS

Application

• Blood Processing and Blood Transfusion

End User

• Blood Banks
• Hospitals

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Market Insights

Rising Number of Blood Transfusion Procedures Bolsters Blood Filter Market Growth

Improving the availability of safe and adequate blood for transfusion procedures should be an integral part of every country’s national healthcare policy and infrastructure. The need for blood transfusion may arise anytime in urban and rural areas. In the past, the unavailability of blood has led to the deaths of many patients suffering from ill-health. An adequate and reliable supply of safe blood can be assured by having stable facilities for regular, voluntary, and unpaid blood donors. They are also the safest group of donors as the prevalence of blood-borne infections is the lowest among these donors.

The most common surgeries that require blood transfusion include cardiovascular procedures, C-section procedures, and injuries. As per estimates by the National Heart, Lung, and Blood Institute, and the National Institutes of Health (NIH), in the US, over 5 million people require blood transfusions every year. Moreover, due to natural calamities and widespread causalities, the demand for blood transfusion is increasing across the world. A surge in the incidence of blood disorders such as anemia, erythrocytosis, leukocytosis, leukopenia, and thrombocytosis is also boosting the blood filter market growth. As per the WHO, most of the children with thalassemia are born in low-income countries, where access to blood transfusion is either difficult or is available to a small percentage of the population.

Blood filters used in transfusion procedures are woven mesh made from polyester or nylon; these are screen-type filters placed between the product bag and the patient. These filters are designed to protect the patients from potentially harmful macro-aggregates such as platelets, leucocytes, and fibrin proteins, and non-blood component particulate matter. In the majority of developed countries, the blood transfusion filters are provided by governments or community-based programs. Thus, the availability of suitable facilities for blood donation and voluntary donor drives the number of blood transfusion procedures, which boosts the blood filler market growth.

Product-Based Insights

Based on product, the blood filter market is further segmented into 40 microns and 70 microns, 100 microns and 170 microns, and others. The 100 microns and 170 microns segment would hold the largest market share in 2021 and is expected to register a higher CAGR during the forecast period.

Material-Based Insights

Based on material, the blood filter market is segmented into polycarbonate, polyester, ABS, and others. The polyester segment would hold the largest market share of 35.47% in 2021, and it is expected to retain its dominance during the forecast period.

Application-Based Insights

Based on application, the blood filter market is segmented into blood processing and blood transfusion. The blood transfusion segment would hold the largest market share of 73.83% in 2021, and it is expected to retain its dominance during the forecast period.

End User-Based Insights

Based on end-user, the blood filter market is segmented into blood banks, hospitals, and others. The blood banks segment would hold the largest market share of 47.38% in 2021 and is expected to retain its dominance during the forecast period.

Various companies operating in the blood filter market are adopting strategies such as product launches, mergers and acquisitions, collaborations, product innovations, and product portfolio expansions to expand their footprint worldwide, maintain the brand name, and meet the growing demand from end-users.

Blood Filter Market Report Scope

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Blood Filter Market – by Product 

• 40 Microns and 70 Microns
• 100 Microns and 170 Microns
• Others

Blood Filter Market – by Material

• Polycarbonate
• Polyester
• ABS
• Others

Blood Filter Market – by Application

• Blood Processing
• Blood Transfusion

Blood Filter Market – by End User

• Blood Banks
• Hospitals
• Others 

Blood Filter Market – by Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
• South & Central America (SCAM)
  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

• Asahi Kasei Corporation
• Fresenius Kabi AG
• Macopharma
• Haemonetics Corporation
• Infomed SA
• KANEKA CORPORATION
• Kawasumi laboratories. Inc.
• Sefar AG
• Shandong Zhongbaokang Medical Implements Co., Ltd.
• Nanjing Shuangwei Biotechnology Co., Ltd.