Blood Processing Devices and Consumables Market, by Product Type (Devices ( Plasma Freezers, Blood Bank Refrigerators, Lab Refrigerators, Lab freezers, Ultra-low Temperatures, Shock Freezers, Grouping Analyzers, Warmers, Hematocrit Centrifuges, and Cell Processors ), and Consumables (Blood Administration Sets, Blood Bags, Blood Collection Needles, Blood Collection Tubes, Blood Filters, Blood Lancets, Blood Grouping Reagents, Blood Coagulation Reagents, Hematology Reagents, Slides, Sedimentation Tubes, Slide Stainer, Test Tube Racks and Vials)), by End User (Hospitals & Clinics, Blood Banks Diagnostic Laboratories, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  • Published On : Aug 2019 |
  • Pages : 210 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Blood Processing Devices and Consumables Market- Insights

Blood collected from donors can be stored and transfused in an unmodified state, referred to as whole blood transfusion. However, if processed, the collected blood can be of use to more than one patient. According to the World Health Organization (WHO) 2016 estimates, only 43% of the blood collected in low-income countries is separated into different components such as plasma, red cell concentrates, and platelet concentrates. The rate is much higher (96%) in high-income countries such as U.S., Germany, U.K., and France. Lack of adequate test kits, blood processing devices and infrastructure are some of the factors responsible for low rate of blood processing in low-income countries.

Increasing number of blood transfusion procedures is augmenting the global blood processing devices and consumables market size 

Blood transfusion is a process required to make up for the lost blood during a surgery or due to an injury or a disease. According to the American National Red Cross, a humanitarian organization, around 21 million blood components are transfused every year in the U.S. Blood transfusion is a frequent process in sickle cell patients. The sickle cell disease affects 90,000 to 100,000 people in the U.S., as per the American National Red Cross.

Demand for blood processing devices and consumables is growing rapidly with establishment of new hospitals and blood banks, and increasing number of blood transfusion procedures. Asia Pacific is one of the most lucrative blood processing devices and consumables market. According to the Friends2support organization, a non-profit organization allowing patient access to blood donors, around 30 million blood components are transfused every year in India.  

The global blood processing devices and consumables market size was valued at US$ 33,213.9 Mn in 2018, and is expected to register a CAGR of 7.1% during the forecast period (2020 – 2027).

Figure 1. Global Blood Processing Devices and Consumables Market Value (US$ Mn) Analysis and Forecast, and Y-o-Y Growth (%)

Blood Processing Devices and Consumables  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Development of national blood policy recommended by the WHO is expected to fuel the global blood processing devices and consumables market growth

According to the 2016 World Health Organization (WHO) statistics, around 112.5 million units of blood donations are collected every year, globally. However, only a few people get access to blood on time. Several patients in need of blood transfusion are deprived of blood for their treatment. The WHO therefore recommend having a national blood policy to have centralized control for blood collection, testing, storage, processing, and distribution. According to the WHO, in 2013, 73% of 167 countries worldwide had a national blood policy.

Furthermore, low blood donation rate impacts the global blood processing devices and consumables market growth negatively.

Figure 2. Global Blood Processing Devices and Consumables Market Share (%) Analysis, By Region, 2018

Blood Processing Devices and Consumables  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Lack of blood processing infrastructure in low-income countries is impacting the global blood processing devices and consumables market growth negatively

According to the WHO, 16 countries across the globe are unable to screen the donated blood for one or more than one infection. The WHO identified irregular supply of test kits is the factor attributed to this shortage. The Blood and Transfusion Safety program of WHO supports countries in developing national blood systems to ensure quality blood processing and transfusion practices.

High capital investment and steep operational costs are the factors restraining emerging economies such as India, Brazil, China, and Indonesia to adopt the new blood processing technology.

Key players operating in the global blood processing devices and consumables market include Abbott Laboratories, Becton, Dickinson and Company, Roche Holding AG, Bio-Rad Laboratories, Biomerieux SA, Immucor, Inc., Danaher Corporation, Terumo Corporation, Macopharma SA, Grifols International, Haemonetics Corporation, and Thermogenesis Corporation.

Blood processing devices are an integral part of blood banks and diagnostic laboratories, in order to maintain blood components in their actual form for storing and blood transfusion process. As blood is an integral requisite in stem cell therapy and organ transplant, demand for blood processing devices and consumables is directly proportional to number of surgical procedures, which is increasing rapidly.

Market Dynamics

Need for blood processing devices and consumables is projected to continue along an upward growth trajectory, owing to increasing number of blood banks and growing incidence of blood infection and blood disorders. Moreover, number of blood transfusion surgical procedures is increasing due to increasing incidence of immunodeficiency diseases.

For instance, according to the 2016 World Health Organization (WHO) statistics, around 112.5 million units of donated blood are collected every year, globally. The WHO recommends implementation of a national blood policy to ensure maintaining quality (free from infection) of the blood collected. This in turn ensures consistent demand for blood processing devices and consumables globally.

Hence, increasing number of blood banks and growing incidence of blood infection and blood disorders is expected to be a major factor fueling the global blood processing devices and consumables market growth.

Key features of the study:

  • This report provides in-depth analysis of global blood processing devices and consumables market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020–2027), considering 2019, as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global blood processing devices and consumables market based on following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
  • Key companies covered as a part of this study include Abbott Laboratories, Becton, Dickinson And Company, Roche Holdings AG, Bio-Rad Laboratories, Biomerieux SA, Immucor, Inc., Danaher Corporation, Terumo Corporation, Macopharma SA, Grifols International, Haemonetics Corporation, and Thermogenesis Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global blood processing devices and consumables market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global blood processing devices and consumables market

Detailed Segmentation:

  • Global blood processing devices and consumables Market, By Product Type :
    • Devices
      • Plasma Freezers
      • Blood Bank Refrigerators
      • Lab Refrigerators
      • Lab freezers
      • Ultra-low Temperatures
      • Shock Freezers
      • Grouping Analyzers
      • Warmers
      • Hematocrit Centrifuges
      • Cell Processors
    • Consumables
      • Blood Administration Sets
      • Blood Bags
      • Blood Collection Needles
      • Blood Collection Tubes
      • Blood Filters
      • Blood Lancets
      • Blood Grouping Reagents
      • Blood Coagulation Reagents
      • Hematology Reagents
      • Slides
      • Sedimentation Tubes
      • Slide Stainer
      • Test Tube Racks
      • Vials
  • Global Blood Processing Devices and Consumables Market, By End User:
    • Hospital & Clinics
    • Blood Banks
    • Diagnostic Laboratories
    • Others
  • Global Blood Processing Devices and Consumables Market, By Region:
    • North America
      • By Product Type :
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
        • Devices
          • Plasma Freezers
          • Blood Bank Refrigerators
          • Lab Refrigerators
          • Lab freezers
          • Ultra-low Temperatures
          • shock Freezers
          • Grouping Analyzers
          • Warmers
          • Hematocrit Centrifuges
          • Cell Processors
        • Consumables
          • Blood Administration Sets
          • Blood Bags
          • Blood Collection Needles
          • Blood Collection Tubes
          • Blood Filters
          • Blood Lancets
          • Blood Grouping Reagents
          • Blood Coagulation Reagents
          • Hematology Reagents
          • Slides
          • Sedimentation Tubes
          • Slide Stainer
          • Test Tube Racks
          • Vials
      • By End User:
        • Hospital & Clinics
        • Blood Banks
        • Diagnostic Laboratories
        • Others
      • By Country/Region:
        • Central Africa
        • South Africa
        • North Africa
  • Company Profiles
    • Abbott Laboratories*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • Becton, Dickinson and Company
    • Roche Holding AG
    • Bio-Rad Laboratories
    • Biomerieux SA
    • Immucor, Inc.
    • Danaher Corporation
    • Terumo Corporation
    • Macopharma SA
    • Grifols International
    • Haemonetics Corporation
    • Thermogenesis Corporation

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Restraints
    • Market Opportunities
    • Impact Analysis
    • Regulatory Scenario
    • Industry Trend
    • Epidemiology/Prevalence/Incidence
    • Merger and Acquisitions
    • New Product Approvals/Launch
    • Promotion and Marketing Initiatives
    • PEST Analysis
    • Regulatory Scenario
    • Epidemiology
  4. Global Blood Processing Devices and Consumables Market, By Product Type, 2016 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Devices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
        • Plasma Freezers
        • Blood Bank Refrigerators
        • Lab Refrigerators
        • Lab freezers
        • Ultra-low Temperatures
        • shock Freezers
        • Grouping Analyzers
        • Warmers
        • Hematocrit Centrifuges
        • Cell Processors
    • Consumables
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
        • Blood Administration Sets
        • Blood Bags
        • Blood Collection Needles
        • Blood Collection Tubes
        • Blood Filters
        • Blood Lancets
        • Blood Grouping Reagents
        • Blood Coagulation Reagents
        • Hematology Reagents
        • Slides
        • Sedimentation Tubes
        • Slide Stainer
        • Test Tube Racks
        • Vials
  5. Global Blood Processing Devices and Consumables Market, By End User, 2016 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Hospitals & Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Blood Banks
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Diagnostic Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Blood Processing Devices and Consumables Market, By Region, 2016 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2027
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027 (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027 (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027 (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of APAC
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    •  Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country/Region, 2016 – 2027 (US$ Mn)
        • Central Africa
        • South Africa
        • North Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Becton, Dickinson and Company
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Roche Holding AG
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Bio-Rad Laboratories
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Biomerieux SA
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Immucor, Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Danaher Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Terumo Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Macopharma SA
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Grifols International
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Haemonetics Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Thermogenesis Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact
    •  

*Browse 25 market data tables and 28 figures on “Blood Processing Devices and Consumables Market - Global forecast to 2027”.

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