Increasing launches of blood transfusion devices is driving growth of blood transfusion devices market. For instance, in 2019, Ecomed Solutions launched HEMAsavR device for blood capture and transfer to help medical professionals reduce the costliness of allogenic blood transfusions.
Increasing cases of road accidents, trauma, and surgeries have also raised demand for blood transfusion devices, which is projected to augment the market growth. According to the Centers for Disease Control and Prevention (CDC), every year, an average of around 6 million car accident cases occur in the U.S. Globally, around 50 million road traffic injuries occur each year, according to the WHO 2018 report. Moreover, surgeries such as post-cardiopulmonary bypass, neurosurgery, and posterior eye surgery also require platelet transfusions.
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Since the COVID-19 virus outbreak in December 2019, the disease has spread to more 100 countries across the globe and the World Health Organization declared it a public health emergency. According to the World Health Organization’s report, the manifestation of coronavirus disease (COVID-19) has resulted in more than 26.1 million infected individuals worldwide as of August 2020.
COVID-19 can affect the global economy in three main ways; by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. Due to the lockdown, many countries such as Italy, Spain, U.K., the U.S., Australia, India, and others are facing problems with regards to the transportation of blood transfusion devices from one place to another.
The COVID-19 virus outbreak is majorly transmitted by the respiratory route and theoretically by transfusions. The epidemic has the potential to reduce the supply of blood and blood components and adversely affect blood system activities. The risk of transmission of COVID-19 through transfusion of blood and components is only theoretical and likely minimal risk.
Among product type, the apheresis systems segment is expected to hold a major revenue share in 2027. An apheresis device receives blood removed from a patient or donor’s body and separates it into its various components: plasma, platelets, white blood cells, and red blood cells.
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Major players operating in the global blood transfusion devices market include Fresenius Kabi AG, Grifols, S.A., Tenko International Group Corp, Terumo Corporation, Kawasumi Laboratories, Inc., Haemonetics Corporation, Bioelectronica MILANO, RAYS S.P.A., Macopharma SA, B. Braun Melsungen AG, Baxter International Inc., Neomedic Limited, and 3M Company
Reasons to buy this Blood Transfusion Devices Market Report
◘ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Blood Transfusion Devices Market
◘ Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Blood Transfusion Devices Market
◘ Leading company profiles reveal details of key Blood Transfusion Devices Market players emerging five operations and financial performance
◘ Add weight to presentations and pitches by understanding the future growth prospects of the emerging Blood Transfusion Devices Market with five year historical forecasts
◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Blood Transfusion Devices Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Blood Transfusion Devices Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Blood Transfusion Devices Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Blood Transfusion Devices Industry Impact
Chapter 2 Global Blood Transfusion Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Blood Transfusion Devices (Volume and Value) by Type
2.3 Global Blood Transfusion Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Blood Transfusion Devices Sales, Consumption, Export, Import by Regions
Chapter 5 North America Blood Transfusion Devices Market Analysis
Chapter 6 East Asia Blood Transfusion Devices Market Analysis
Chapter 7 Europe Blood Transfusion Devices Market Analysis
Chapter 8 South Asia Blood Transfusion Devices Market Analysis
Chapter 9 Southeast Asia Blood Transfusion Devices Market Analysis
Chapter 10 Middle East Blood Transfusion Devices Market Analysis
Chapter 11 Africa Blood Transfusion Devices Market Analysis
Chapter 12 Oceania Blood Transfusion Devices Market Analysis
Chapter 13 South America Blood Transfusion Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Blood Transfusion Devices Business
Chapter 15 Global Blood Transfusion Devices Market Forecast (2022-2028)
Chapter 16 Conclusions
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