Blood Products Market Opportunities 2031
A blood product is any therapeutic substance prepared from human blood collected from the donor. This includes whole blood, blood components, and plasma derivatives. Whole blood is not commonly used in transfusion medicine. Different blood products derived from donated blood are red cells, platelets, plasma, cryoprecipitate AHF, and granulocytes. White cells are often removed from donated blood before transfusion.
MARKET SCOPE
The "Global Blood Products 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 the Blood Products market with detailed market segmentation by product type and end user. The report provides key statistics on the market status of the leading Blood Products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type the market is segmented as, platelets, fresh frozen plasma (FFP), red blood cells (RBCs), white blood cells (WBCS), and others.
- Based on end users the market is segmented as, hospitals, blood stations. And others.
MARKET DYNAMICS
Drivers:
- Rising prevalence of Blood-related disease that requires blood products to administer in the patient's body
- Highly effective blood products.
- The global increase in blood product consumption for some severe diseases.
- Extensive R&D efforts by pharmaceutical companies and blood banks to develop advanced and novel blood products are expected to fuel market growth.
Restraints:
- High cost of blood-related disease treatment.
- Whereas, the high cost of blood products and their maintenance is expected to restrain the market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The Blood Products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South and Central America after evaluating political, economic, social, and technological factors affecting the Blood Products market in these regions.
IMPACT OF COVID-19 ON BLOOD PRODUCTS 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. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The Blood Products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South and Central America after evaluating political, economic, social, and technological factors affecting the Blood Products market in these regions.
IMPACT OF COVID-19 ON BLOOD PRODUCTS 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. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Blood Products 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 activities witnessed in the market acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the Blood Products market are anticipated to lucrative growth opportunities in the future with the rising demand for Blood Products in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Blood Products market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CSL
- KEDRION S.P.A
- BPL INC.
- OCTAPHARMA AG
- MITSUBISHI TANABE PHARMA CORPORATION
- 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 Products Market - By Product Type
1.3.2 Blood Products Market - By End User
1.3.3 Blood Products Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BLOOD PRODUCTS 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 PRODUCTS 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 PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. BLOOD PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. BLOOD PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BLOOD PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLATELETS
7.3.1. Overview
7.3.2. Platelets Market Forecast and Analysis
7.4. FRESH FROZEN PLASMA (FFP)
7.4.1. Overview
7.4.2. Fresh Frozen Plasma (FFP) Market Forecast and Analysis
7.5. RED BLOOD CELLS (RBCS)
7.5.1. Overview
7.5.2. Red Blood Cells (RBCs) Market Forecast and Analysis
7.6. WHITE BLOOD CELLS (WBCS)
7.6.1. Overview
7.6.2. White Blood Cells (WBCs) Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. BLOOD PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. BLOOD STATION
8.4.1. Overview
8.4.2. Blood Station Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. BLOOD PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Blood Products Market Overview
9.1.2 North America Blood Products Market Forecasts and Analysis
9.1.3 North America Blood Products Market Forecasts and Analysis - By Product Type
9.1.4 North America Blood Products Market Forecasts and Analysis - By End User
9.1.5 North America Blood Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States Blood Products Market
9.1.5.1.1 United States Blood Products Market by Product Type
9.1.5.1.2 United States Blood Products Market by End User
9.1.5.2 Canada Blood Products Market
9.1.5.2.1 Canada Blood Products Market by Product Type
9.1.5.2.2 Canada Blood Products Market by End User
9.1.5.3 Mexico Blood Products Market
9.1.5.3.1 Mexico Blood Products Market by Product Type
9.1.5.3.2 Mexico Blood Products Market by End User
9.2. EUROPE
9.2.1 Europe Blood Products Market Overview
9.2.2 Europe Blood Products Market Forecasts and Analysis
9.2.3 Europe Blood Products Market Forecasts and Analysis - By Product Type
9.2.4 Europe Blood Products Market Forecasts and Analysis - By End User
9.2.5 Europe Blood Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Blood Products Market
9.2.5.1.1 Germany Blood Products Market by Product Type
9.2.5.1.2 Germany Blood Products Market by End User
9.2.5.2 France Blood Products Market
9.2.5.2.1 France Blood Products Market by Product Type
9.2.5.2.2 France Blood Products Market by End User
9.2.5.3 Italy Blood Products Market
9.2.5.3.1 Italy Blood Products Market by Product Type
9.2.5.3.2 Italy Blood Products Market by End User
9.2.5.4 Spain Blood Products Market
9.2.5.4.1 Spain Blood Products Market by Product Type
9.2.5.4.2 Spain Blood Products Market by End User
9.2.5.5 United Kingdom Blood Products Market
9.2.5.5.1 United Kingdom Blood Products Market by Product Type
9.2.5.5.2 United Kingdom Blood Products Market by End User
9.2.5.6 Rest of Europe Blood Products Market
9.2.5.6.1 Rest of Europe Blood Products Market by Product Type
9.2.5.6.2 Rest of Europe Blood Products Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Blood Products Market Overview
9.3.2 Asia-Pacific Blood Products Market Forecasts and Analysis
9.3.3 Asia-Pacific Blood Products Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Blood Products Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Blood Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Blood Products Market
9.3.5.1.1 Australia Blood Products Market by Product Type
9.3.5.1.2 Australia Blood Products Market by End User
9.3.5.2 China Blood Products Market
9.3.5.2.1 China Blood Products Market by Product Type
9.3.5.2.2 China Blood Products Market by End User
9.3.5.3 India Blood Products Market
9.3.5.3.1 India Blood Products Market by Product Type
9.3.5.3.2 India Blood Products Market by End User
9.3.5.4 Japan Blood Products Market
9.3.5.4.1 Japan Blood Products Market by Product Type
9.3.5.4.2 Japan Blood Products Market by End User
9.3.5.5 South Korea Blood Products Market
9.3.5.5.1 South Korea Blood Products Market by Product Type
9.3.5.5.2 South Korea Blood Products Market by End User
9.3.5.6 Rest of Asia-Pacific Blood Products Market
9.3.5.6.1 Rest of Asia-Pacific Blood Products Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Blood Products Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Blood Products Market Overview
9.4.2 Middle East and Africa Blood Products Market Forecasts and Analysis
9.4.3 Middle East and Africa Blood Products Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Blood Products Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Blood Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Blood Products Market
9.4.5.1.1 South Africa Blood Products Market by Product Type
9.4.5.1.2 South Africa Blood Products Market by End User
9.4.5.2 Saudi Arabia Blood Products Market
9.4.5.2.1 Saudi Arabia Blood Products Market by Product Type
9.4.5.2.2 Saudi Arabia Blood Products Market by End User
9.4.5.3 U.A.E Blood Products Market
9.4.5.3.1 U.A.E Blood Products Market by Product Type
9.4.5.3.2 U.A.E Blood Products Market by End User
9.4.5.4 Rest of Middle East and Africa Blood Products Market
9.4.5.4.1 Rest of Middle East and Africa Blood Products Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Blood Products Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Blood Products Market Overview
9.5.2 South and Central America Blood Products Market Forecasts and Analysis
9.5.3 South and Central America Blood Products Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Blood Products Market Forecasts and Analysis - By End User
9.5.5 South and Central America Blood Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Blood Products Market
9.5.5.1.1 Brazil Blood Products Market by Product Type
9.5.5.1.2 Brazil Blood Products Market by End User
9.5.5.2 Argentina Blood Products Market
9.5.5.2.1 Argentina Blood Products Market by Product Type
9.5.5.2.2 Argentina Blood Products Market by End User
9.5.5.3 Rest of South and Central America Blood Products Market
9.5.5.3.1 Rest of South and Central America Blood Products Market by Product Type
9.5.5.3.2 Rest of South and Central America Blood Products Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BLOOD PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. CSL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. KEDRION S.P.A
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BPL INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. OCTAPHARMA AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MITSUBISHI TANABE PHARMA CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.CSL
2.Kedrion S.p.A
3.
4.BPL Inc.
5.Octapharma AG
6.Mitsubishi Tanabe Pharma Corporation
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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