Blood Component Utilization Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Blood transfusion is an integral part of patient management. Indications for blood use must be evident in ordering clinicians to avoid its misuse and prevent unnecessary exposure of the patient to donor blood antigens, adverse reactions, and transmissible transfusion diseases.
MARKET DYNAMICS
The blood component utilization market is driving due to the rise in incidence in trauma cases, rising prevalence of target diseases. However, minimally invasive technology, which no longer needs a blood transfusion, hinders the market's growth. Moreover, advancements in blood transfusion instruments are expected to provide opportunities in the global blood component utilization market.
MARKET SCOPE
The "Blood Component Utilization 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 component utilization market with detailed market segmentation by product type and application. The blood component utilization 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 component utilization market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The blood component utilization market is segmented on the basis of product type and application. Based on product type, the market is segmented as plasma, red blood cells, platelets. Based on application, the market is segmented as body contouring, skin rejuvenation and resurfacing, others.
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 component utilization 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 component utilization 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 component utilization 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 component utilization market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Blood component utilization 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 component utilization 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 component utilization 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 component utilization market in these regions.
MARKET PLAYERS
The report covers key developments in the blood component utilization 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 component utilization market are anticipated to have lucrative growth opportunities in the future with the rising demand for Blood component utilization in the global market. Below mentioned is the list of few companies engaged in the Blood component utilization market.
The report also includes the profiles of key players in blood component utilization 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.
- UCLA Medical Center
- Johns Hopkins Hospital
- Massachusetts General Hospital
- Mayo Clinic
- Cleveland Clinic
- Brigham and Women's Hospital
- New York-Presbyterian Hospital
- University of Michigan Hospitals and Health Centers
- Indiana University Health
- UCSF Medical Center
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Blood Component Utilization Market - By Product Type
1.3.2 Blood Component Utilization Market - By Application
1.3.3 Blood Component Utilization Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BLOOD COMPONENT UTILIZATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BLOOD COMPONENT UTILIZATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BLOOD COMPONENT UTILIZATION MARKET - GLOBAL MARKET ANALYSIS
6.1. BLOOD COMPONENT UTILIZATION - GLOBAL MARKET OVERVIEW
6.2. BLOOD COMPONENT UTILIZATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BLOOD COMPONENT UTILIZATION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLASMA
7.3.1. Overview
7.3.2. Plasma Market Forecast and Analysis
7.4. RED BLOOD CELLS
7.4.1. Overview
7.4.2. Red Blood Cells Market Forecast and Analysis
7.5. PLATELETS
7.5.1. Overview
7.5.2. Platelets Market Forecast and Analysis
8. BLOOD COMPONENT UTILIZATION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BODY CONTOURING
8.3.1. Overview
8.3.2. Body Contouring Market Forecast and Analysis
8.4. SKIN REJUVENATION AND RESURFACING
8.4.1. Overview
8.4.2. Skin Rejuvenation and Resurfacing Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. BLOOD COMPONENT UTILIZATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Blood Component Utilization Market Overview
9.1.2 North America Blood Component Utilization Market Forecasts and Analysis
9.1.3 North America Blood Component Utilization Market Forecasts and Analysis - By Product Type
9.1.4 North America Blood Component Utilization Market Forecasts and Analysis - By Application
9.1.5 North America Blood Component Utilization Market Forecasts and Analysis - By Countries
9.1.5.1 United States Blood Component Utilization Market
9.1.5.1.1 United States Blood Component Utilization Market by Product Type
9.1.5.1.2 United States Blood Component Utilization Market by Application
9.1.5.2 Canada Blood Component Utilization Market
9.1.5.2.1 Canada Blood Component Utilization Market by Product Type
9.1.5.2.2 Canada Blood Component Utilization Market by Application
9.1.5.3 Mexico Blood Component Utilization Market
9.1.5.3.1 Mexico Blood Component Utilization Market by Product Type
9.1.5.3.2 Mexico Blood Component Utilization Market by Application
9.2. EUROPE
9.2.1 Europe Blood Component Utilization Market Overview
9.2.2 Europe Blood Component Utilization Market Forecasts and Analysis
9.2.3 Europe Blood Component Utilization Market Forecasts and Analysis - By Product Type
9.2.4 Europe Blood Component Utilization Market Forecasts and Analysis - By Application
9.2.5 Europe Blood Component Utilization Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Blood Component Utilization Market
9.2.5.1.1 Germany Blood Component Utilization Market by Product Type
9.2.5.1.2 Germany Blood Component Utilization Market by Application
9.2.5.2 France Blood Component Utilization Market
9.2.5.2.1 France Blood Component Utilization Market by Product Type
9.2.5.2.2 France Blood Component Utilization Market by Application
9.2.5.3 Italy Blood Component Utilization Market
9.2.5.3.1 Italy Blood Component Utilization Market by Product Type
9.2.5.3.2 Italy Blood Component Utilization Market by Application
9.2.5.4 Spain Blood Component Utilization Market
9.2.5.4.1 Spain Blood Component Utilization Market by Product Type
9.2.5.4.2 Spain Blood Component Utilization Market by Application
9.2.5.5 United Kingdom Blood Component Utilization Market
9.2.5.5.1 United Kingdom Blood Component Utilization Market by Product Type
9.2.5.5.2 United Kingdom Blood Component Utilization Market by Application
9.2.5.6 Rest of Europe Blood Component Utilization Market
9.2.5.6.1 Rest of Europe Blood Component Utilization Market by Product Type
9.2.5.6.2 Rest of Europe Blood Component Utilization Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Blood Component Utilization Market Overview
9.3.2 Asia-Pacific Blood Component Utilization Market Forecasts and Analysis
9.3.3 Asia-Pacific Blood Component Utilization Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Blood Component Utilization Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Blood Component Utilization Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Blood Component Utilization Market
9.3.5.1.1 Australia Blood Component Utilization Market by Product Type
9.3.5.1.2 Australia Blood Component Utilization Market by Application
9.3.5.2 China Blood Component Utilization Market
9.3.5.2.1 China Blood Component Utilization Market by Product Type
9.3.5.2.2 China Blood Component Utilization Market by Application
9.3.5.3 India Blood Component Utilization Market
9.3.5.3.1 India Blood Component Utilization Market by Product Type
9.3.5.3.2 India Blood Component Utilization Market by Application
9.3.5.4 Japan Blood Component Utilization Market
9.3.5.4.1 Japan Blood Component Utilization Market by Product Type
9.3.5.4.2 Japan Blood Component Utilization Market by Application
9.3.5.5 South Korea Blood Component Utilization Market
9.3.5.5.1 South Korea Blood Component Utilization Market by Product Type
9.3.5.5.2 South Korea Blood Component Utilization Market by Application
9.3.5.6 Rest of Asia-Pacific Blood Component Utilization Market
9.3.5.6.1 Rest of Asia-Pacific Blood Component Utilization Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Blood Component Utilization Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Blood Component Utilization Market Overview
9.4.2 Middle East and Africa Blood Component Utilization Market Forecasts and Analysis
9.4.3 Middle East and Africa Blood Component Utilization Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Blood Component Utilization Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Blood Component Utilization Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Blood Component Utilization Market
9.4.5.1.1 South Africa Blood Component Utilization Market by Product Type
9.4.5.1.2 South Africa Blood Component Utilization Market by Application
9.4.5.2 Saudi Arabia Blood Component Utilization Market
9.4.5.2.1 Saudi Arabia Blood Component Utilization Market by Product Type
9.4.5.2.2 Saudi Arabia Blood Component Utilization Market by Application
9.4.5.3 U.A.E Blood Component Utilization Market
9.4.5.3.1 U.A.E Blood Component Utilization Market by Product Type
9.4.5.3.2 U.A.E Blood Component Utilization Market by Application
9.4.5.4 Rest of Middle East and Africa Blood Component Utilization Market
9.4.5.4.1 Rest of Middle East and Africa Blood Component Utilization Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Blood Component Utilization Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Blood Component Utilization Market Overview
9.5.2 South and Central America Blood Component Utilization Market Forecasts and Analysis
9.5.3 South and Central America Blood Component Utilization Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Blood Component Utilization Market Forecasts and Analysis - By Application
9.5.5 South and Central America Blood Component Utilization Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Blood Component Utilization Market
9.5.5.1.1 Brazil Blood Component Utilization Market by Product Type
9.5.5.1.2 Brazil Blood Component Utilization Market by Application
9.5.5.2 Argentina Blood Component Utilization Market
9.5.5.2.1 Argentina Blood Component Utilization Market by Product Type
9.5.5.2.2 Argentina Blood Component Utilization Market by Application
9.5.5.3 Rest of South and Central America Blood Component Utilization Market
9.5.5.3.1 Rest of South and Central America Blood Component Utilization Market by Product Type
9.5.5.3.2 Rest of South and Central America Blood Component Utilization Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL BLOOD COMPONENT UTILIZATION MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BLOOD COMPONENT UTILIZATION MARKET, KEY COMPANY PROFILES
12.1. UCLA MEDICAL CENTER
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. JOHNS HOPKINS HOSPITAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MASSACHUSETTS GENERAL HOSPITAL
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MAYO CLINIC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. CLEVELAND CLINIC
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BRIGHAM AND WOMEN'S HOSPITAL
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NEW YORK-PRESBYTERIAN HOSPITAL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. UNIVERSITY OF MICHIGAN HOSPITALS AND HEALTH CENTERS
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. INDIANA UNIVERSITY HEALTH
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. UCSF MEDICAL CENTER
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. UCLA Medical Center
2. Johns Hopkins Hospital
3. Massachusetts General Hospital
4. Mayo Clinic
5. Cleveland Clinic
6. Brigham and Women's Hospital
7. New York-Presbyterian Hospital
8. University of Michigan Hospitals and Health Centers
9. Indiana University Health
10. UCSF Medical Center
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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