Blood Transfusion Market Scenario:
Blood Transfusion Market is the method of transferring blood or blood products intravenously into circulation. Transfusions are done for various medical conditions such as anemia, sickle cell disease, a bleeding disorder such as hemophilia, or cancer where the blood components are lost to maintain blood levels and the blood components in the body. Thus, the blood transfusion market is predicted to grow with a CAGR of 5.6% during the forecast period.
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The Major Players Covered in this Report: Grifols S.A. (Spain), Immucor Inc. (US), Ortho Clinical Diagnostics (US), Abbott Laboratories (US), Bio-Rad Laboratories, Inc. (US), Hoffmann-La Roche Ltd. (Switzerland), Quotient Ltd. (Switzerland), BD (US), Terumo Corporation (Japan), Braun (Germany), & more…
According to the World Health Organization (WHO), cancer is the second leading cause of death, globally. It furthers stated that an estimated 9.6 million death i.e., 1 in 6 deaths were reported due to cancer in 2018. The American Cancer Society, on the other hand, estimated that more than 1.7 million new cancer cases were diagnosed in the U.S. in 2019. From the data by Cancer Research U.K., every year 367,000 new cases of cancer are reported in the U.K.
Blood Transfusion Market: Segmentation:By Product: Blood Bag and Accessory, Blood Mixer, Blood Component Separator, Apheresis Device, Pathogen Reduction System, Consumables, and Supplies, OthersBy End-User: Hospitals, Blood Bank, Ambulatory Surgical Centers, Others
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Years that have been considered for the study of this report are as follows:
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Blood Transfusion in the APAC Region:Asia-Pacific region is anticipated to hold the largest market share in the global Blood Transfusion market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia.
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Blood Transfusion Market: Segmentation:
Pathogen Reduction System Product Segment to Witness the Fastest Growth during the Forecast Period:Based on product, the global blood transfusion market is segmented into blood bag and accessory, blood mixer, blood component separator, aphaeresis device, pathogen reduction system, consumables and supplies, and others. The pathogen reduction system segment is forecasted to witness the fastest growth during the forecast period. Pathogen reduction technology (PRT) is a proactive approach to enhance blood transfusion safety.TABLES AND FIGURES:List Of Tables:TABLE 1 Blood Transfusion Market Share by Product, 2017–2029 (USD Million)TABLE 2 Blood Bag and Accessory Blood Transfusion Market Share by Region, 2017–2029 (USD Million)TABLE 3 Blood Transfusion Market Share by Region, 2017–2029 (USD Million)TABLE 4 Blood Transfusion Market Share by End-User, 2017–2029 (USD Million)TABLE 5 Hospitals Market Share by Region, 2017–2029 (USD Million)Continue…….
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