Global Blood Banking Devices Market By Product (Blood Collection Devices, Blood Processing Devices, Blood Storage Devices), End- Users (Hospitals, Academic Institutes, Independent Diagnostics Centers/Clinics, Blood Banks), Mode of Collection (Manual Blood Collection, Automated Blood Collection), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Market Share Forecast to 2027
Market Analysis and Insights: Global Blood Banking Devices Market
Blood banking devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 53968.59 million by 2027 growing at a CAGR of 7.48% in the above-mentioned forecast period. Technological advancement in the healthcare industry and increasing number of surgical procedures are the factor for the growth of the blood banking devices market in the forecast period of 2020 to 2027.
Blood banking devices are the devices which are specially designed so they can be used to collect and store the blood and blood components. The main motive of these devices is to make sure that blood should be transferred safely. Blood collection device, blood processing device and blood storage device are some of the common blood banking devices.
Increasing cases of trauma and accident cases worldwide will enhance the market. These days government is also taking many initiatives by launching many blood camps which will also increase the demand for the blood banking devices in the market. People worldwide is also demanding for blood collection devices which can provide minimal pain which is another aspect accelerating the market growth. On the other hand, favourable reimbursement policy is also expected to accelerate the blood banking devices market in the forecast period of 2020 to 2027.
These blood banking devices are very expensive which is the major factor hampering the growth of the blood banking devices market in the forecast period of 2020 to 2027
This blood banking devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research blood banking devices market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Blood Banking Devices Market Scope and Market Size
Blood banking devices market is segmented of the basis of product, end- users and mode of collection. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product, the blood banking devices market is segmented into blood collection devices, blood processing devices and blood storage devices. The blood collection devices segment is divided into blood collection needles, blood collection tubes, syringes, blood bags, lancets, IV cannulas, vials and other. The blood collection tubes are further divided into arterial blood collection tubes, venous blood collection tubes and capillary blood collection tubes. Syringes is divided into auto disable syringes and single use syringes. The blood processing devices segment is divided into centrifuges, blood filters, blood grouping analyzers, blood cell processors, sedimentation tubes, hematology reagents and others. The blood storage devices are divided into blood bank refrigerators, blood bank freezers, test tube racks and other.
The end- user segment of the blood banking devices market is segmented into hospitals, academic institutes, independent diagnostics centers and blood bank.
On the basis of mode of collection, the blood banking devices market is divided into manual blood collection and automated blood collection.
Blood Banking Devices Market Country Level Analysis
Blood banking devices market is analysed and market size insights and trends are provided by product, end- users and mode of collection as referenced above.
The countries covered in the blood banking devices market report are 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 in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the blood banking devices market due to the high prevalence of breast cancer patients, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to increasing cases of road accidents and rising awareness regarding blood donations.
The country section of the blood banking devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Blood banking devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for blood banking devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the blood banking devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Blood Banking Devices Market Share Analysis
Blood banking devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to blood banking devices market.
The major players covered in the report are Abbott, Beckman Coulter, Inc., BD., Bio-Rad Laboratories, Inc., Polymedicure, F. Hoffmann-La Roche Ltd, TERUMO BCT, INC., Thermo Fisher Scientific Inc, Remi Elektrotechnik Limited, China Biologic Products Holdings, Inc., Fresenius Kabi India Pvt. Ltd., SM Scientific Instruments Pvt. Ltd, BIOLINE TECHNOLOGIES, Krew Instruments Pvt Ltd, Cardinal Health, Narang Medical Limited., Inorbvict Healthcare India Private Limited, among other domestic and global players. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Blood Banking Devices Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.