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Blood Preparation Market Size
- Report ID: GMI790
- Published Date: Feb 2019
- Report Format: PDF
Blood Preparation Market Size
Blood Preparation Market size was valued over USD 60 billion in 2018 and is expected to witness more than 3.5% CAGR from 2019 to 2025.
Rising prevalence of blood related disorders requiring blood transfusion will act as high impact rendering factor for blood preparation market growth during the forecast timeframe. Outbreak of infectious diseases such as dengue fever leads to rise in demand for platelet products and transfusion. South-east Asian countries such as Indonesia, India, Thailand and Myanmar are at highest risk of disease incidence.
Strong product pipeline of anti-thrombotic and anticoagulant drugs coupled with rising awareness about blood donation in developing countries should propel industry growth. Furthermore, increasing number of road and occupational accidents should stimulate demand for blood and blood components leading to business growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Blood Preparation Market Size in 2018: | 60 Billion (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 3.5% |
| 2025 Value Projection: | 78.5 Billion (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 403 |
| Segments covered: | Product, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Growing geriatric population base, generally suffering from chronic conditions such as liver cirrhosis will positively impact blood preparation market growth. Expanded applications of blood derivatives including application of platelet rich plasma in anti-aging therapy should boost business growth over the forecast period. However, risk of disease transmission such as syphilis, HIV, Hepatitis B and C, AIDS resulting due to blood transfusion will limit industry expansion to certain extent over the coming years.
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Blood Preparation Market Scope
