Blood Processing Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Blood collection process involves blood collecting device and processing devices. These blood processing devices are technologically advanced. With the help of consumables, the smooth withdrawal and processing of blood is carried out. These processed bloods are stored at a stable temperature to ensure they do not degrade. These collected blood are stored in blood banks.

MARKET SCOPE

The "Blood Processing Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Blood Processing Devices market with detailed market segmentation by product type, end user and geography. The Blood Processing Devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Blood Processing Devices market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on the product type blood processing devices market is segmented as blood bank refrigerators & freezers, grouping analyzers, warmers, hematocrit centrifuges, cell processors
•   Based on end user application, the market is segmented as, hospitals & clinics, blood banks diagnostic laboratories, and others.

MARKET DYNAMICS

Drivers -

•   Increasing demand for blood and blood components across various surgical procedures.
•   Rising shortage between demand and supply of blood units across various emerging economies
•   Rise in establishment of new hospitals and blood banks.

Restraints -

•   Injuries and chance of infection during blood collection

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Blood Processing Devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Blood Processing Devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Blood Processing Devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Blood Processing Devices market in these regions.

IMPACT OF COVID-19 ON BLOOD PROCESSING DEVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. Rise in plasma therapy as potential application in treatment of COVID-19 is expected to boost demand of blood processing devices.

MARKET PLAYERS

The report covers key developments in the Blood Processing Devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Blood Processing Devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for Blood Processing Devices in the global market. Below mentioned is the list of few companies engaged in the Blood Processing Devices market.

The report also includes the profiles of key players in Blood Processing Devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   BioMerieux SA
•   Abbott Laboratories
•   Bio-Rad Laboratories
•   Becton Dickinson and Company
•   Roche Holdings AG
•   Danaher Corporation
•   Immucor, Inc.
•   Thermogenesis Corporation
•   Grifols International
•   Terumo Corporation

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Blood Processing Devices Report Scope