Blood Preparation Market Expected to Rise at 6% CAGR during 2021-2026

According to IMARC Group latest report titled” Blood Preparation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global Blood Preparation Market size to grow at a CAGR of 6% during 2021-2026. Blood donation is a lifesaving procedure that involves collecting blood from the donor and transfusing it to the patient in need. This blood contains a mixture of cellular elements, colloids, crystalloids, etc., which need to be separated before being used in patients. Consequently, the blood preparation method is widely utilized for separating one-unit whole blood into different components by using refrigerated centrifuge equipment. These components usually include cryoprecipitate, platelet concentrate, fresh frozen plasma, packed red blood cell (PRBC) concentrate, etc. Blood preparation maximizes the utility of each blood component for various applications.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The sudden outbreak of the COVID-19 pandemic and the lack of effective treatment options are leading to several hospitals depending on convalescent plasma therapy for treating patients in critical conditions. This represents one of the primary factors driving the blood preparation market. Moreover, the growing prevalence of numerous chronic diseases and disorders, including anemia, sickle cell, hemophilia, cancer, etc., is further catalyzing the demand for blood transfusion and augmenting the global market. Besides this, the rising number of blood donors, owing to various awareness campaigns conducted by non-governmental organizations (NGOs) and government bodies across the globe, is acting as another significant growth-inducing factor. Additionally, several healthcare institutions are investing in advanced digital technologies, such as radio frequency identification (RFID), for the speedy separation of blood components and for maintaining blood inventory records. This, in turn, is expected to stimulate the blood preparation market over the forecasted period.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Baxter International Inc.
  • Boehringer Ingelheim International GmbH
  • Bristol-Myers Squibb Company
  • Daiichi Sankyo Company Limited
  • GlaxoSmithKline PLC
  • Johnson & Johnson Services Inc.
  • LEO Pharma A/S
  • Pfizer Inc.
  • Portola Pharmaceuticals Inc
  • (Alexion Pharmaceuticals Inc.)
  • Sanofi S.A

Blood Preparation Market Segmentation:

Our report has categorized the market based on region, product, antithrombotic and anticoagulants type and antithrombotic and anticoagulants application.

Breakup by Product:

  • Whole Blood
  • Red Cells
  • Granulocytes
  • Plasma
  • Platelets
  • Blood Components
  • Whole Blood Components
  • Packed Red Cells
  • Leukocyte Reduced Red Blood Cells
  • Frozen Plasma
  • Platelet Concentrate
  • Cryoprecipitate
  • Blood Derivatives

Breakup by Antithrombotic and Anticoagulants Type:

  • Platelet Aggregation Inhibitors
  • Glycoprotein Inhibitors
  • COX Inhibitors
  • ADP Antagonists
  • Others
  • Fibrinolytics
  • Tissue Plasminogen Activator (tPA)
  • Streptokinase
  • Urokinase
  • Anticoagulants
  • Heparins
  • Vitamin K Antagonists
  • Direct Thrombin Inhibitors
  • Direct Factor Xa Inhibitors

Breakup by Antithrombotic and Anticoagulants Application:

  • Thrombocytosis
  • Pulmonary Embolism
  • Renal Impairment
  • Angina Blood Vessel Complications
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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