The global blood banking devices market is estimated to increase rapidly over the forecast period of 2024-2031. Blood transfusion, a procedure used to treat a variety of medical disorders, replenishes lost blood components and improves the patient's health. However, a lack of timely access to safe blood transfusions will raise demand for blood banks to provide efficient, safe, and real-time blood unit availability. Therefore, this will led to the introduction of blood banking devices in the market.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Blood Collection Devices, Blood Processing Devices, Blood Storage Devices), End- Users (Hospital, Academic Institutes, Independent Diagnostics Centers/Clinics, Blood Banks), Mode of Collection (Manual Blood Collection, Automated Blood Collection) – Industry Trends and Forecast to 2031
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The Global Blood Banking Devices Market size was valued at USD 42.74 USD Billion in 2023.
The Global Blood Banking Devices Market is projected to grow at a CAGR of 8.48% during the forecast period of 2024 to 2031.
The major players operating in the market include Abbott, F. Hoffmann, La Roche , Beckman Coulter, Thermo Fisher Scientific, BD, BioRad Laboratories, Hindustan Syringes & Medical Devices , Polymedicure, Siemens Healthcare GmbH, Terumo Corporation, REMI GROUP, Fresenius Kabi AG, China Biologic Products Holdings, Cardinal Health, Sysmex Corporation, Nova Biomedical, Ortho Clinical Diagnostics, Randox Laboratories .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
