According to our latest study on “Blood Filter Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Material, Application, and End User,” the market is projected to reach US$ 535.634 million by 2028 from US$ 405.226 million in 2021; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. The report highlights the key factors governing the market growth and prominent players with their developments in the market. The growth of the blood filter market is primarily attributed to a rapid increase in the burden of chronic diseases, a surge in cases of trauma and accidents, and a rising number of blood transfusion procedures across the world. However, product recalls restraining the market growth.
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Some Leading Companies Analysis as Below- Asahi Kasei Corporation; Fresenius Kabi AG; Macopharma; Haemonetics Corporation; Infomed SA; KANEKA CORPORATION; Kawasumi laboratories. Inc.; Sefar AG; Shandong Zhongbaokang Medical Implements Co., Ltd; Nanjing Shuangwei Biotechnology Co., Ltd. are a few of the leading companies operating in the blood filter market.
Based on product, the blood filter market is further segmented into 40 microns and 70 microns, 100 microns and 170 microns, and others. The 100 microns and 170 microns segment would hold the largest market share in 2021. The growth of the market for this segment is attributed to a global increase in blood transfusion and chronic diseases.
The blood filter market is segmented on the basis of product, material, application, and end-user. Based on product type, the market is further segmented into 40 microns and 70 microns, 100 microns and 170 microns, and others. Based on material, the market is further segmented into polycarbonate, polyester, ABS, and others. Based on application, the blood filter market is further segmented into blood processing and blood transfusion. Based on end-user, the blood filter market is sub-segmented into blood banks, hospitals, and others.
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Worldwide Industry Segments Analysis-
Material-Based Insights
Based on material, the blood filter market is segmented into polycarbonate, polyester, ABS, and others. The polyester segment would hold the largest market share of 35.47% in 2021, and it is expected to retain its dominance during the forecast period.
Application-Based Insights
Based on application, the blood filter market is segmented into blood processing and blood transfusion. The blood transfusion segment would hold the largest market share of 73.83% in 2021, and it is expected to retain its dominance during the forecast period.
End User-Based Insights
Based on end-user, the blood filter market is segmented into blood banks, hospitals, and others. The blood banks segment would hold the largest market share of 47.38% in 2021 and is expected to retain its dominance during the forecast period.
Product-Based Insights
Based on product, the blood filter market is further segmented into 40 microns and 70 microns, 100 microns and 170 microns, and others. The 100 microns and 170 microns segment would hold the largest market share in 2021 and is expected to register a higher CAGR during the forecast period.
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