Blood Processing and Storage Equipment Market Size & Share 2025-2035

Blood Processing and Storage Equipment Market Size

The global blood processing and storage equipment market was valued at USD 53.9 billion in 2025 and is projected to grow from USD 57.1 billion in 2026 to USD 108.3 billion by 2035, expanding at a CAGR of 7.4%, according to the latest report published by Global Market Insights Inc.

This steady growth is driven by increasing prevalence of chronic diseases, technological advancement in blood processing and storage equipment and surge in the number of road traffic accidents. The market increased from USD 48.4 billion in 2023 to USD 51 billion in 2024. The increasing prevalence of chronic diseases is a key driver for the market, as conditions such as cardiovascular disorders, cancer, diabetes, and chronic respiratory illnesses often require frequent blood transfusions, surgeries, and advanced therapies. This surge in demand for blood and its components necessitates efficient processing and storage systems to ensure safety, quality, and availability.
 

For instance, according to WHO globally, noncommunicable diseases (NCDs) killed at least 43 million people in 2021, accounting for 75% of non-pandemic-related deaths, with 18 million dying before age 70 and 82% of these premature deaths occurring in low- and middle-income countries (LMICs). Overall, 73% of all NCD deaths are concentrated in LMICs, where healthcare infrastructure is expanding rapidly to address these challenges. This surge in demand is driving hospitals and blood banks to invest in advanced devices such as plasma freezers, blood bank refrigerators, ultralow temperature freezers, hematocrit centrifuges, and cell processors, alongside consumables like blood bags, administration sets, and collection needles. These products ensure safe storage, precise processing, and compliance with stringent standards while supporting high-volume operations. In conclusion, the escalating global burden of chronic diseases, particularly in emerging economies, is fueling strong demand for modern blood processing and storage solutions.
 

Additionally, increasing global awareness about blood donation is a significant factor driving the market. Public health campaigns, government initiatives, and NGO-led programs have amplified the importance of voluntary blood donation, resulting in a steady rise in blood collection worldwide. For instance, According to WHO, about 118.54 million blood donations are collected annually, reflecting the growing participation of donors across regions. This surge in donations directly impacts the demand for advanced blood processing and storage solutions, as healthcare facilities must ensure safe collection, separation, and preservation of blood components.
 

Higher donation volumes require robust infrastructure, including plasma freezers, blood bank refrigerators, ultralow temperature freezers along with consumables. These products enable blood banks and hospitals to maintain quality standards, optimize inventory, and reduce wastage. As awareness campaigns continue to expand globally, the increase in blood donations will accelerate investments in modern equipment, strengthening market growth and supporting the development of efficient, scalable blood management systems.
 

Blood processing and storage equipment refers to specialized medical devices like centrifuges, refrigerators, freezers, and filtration systems used to collect, separate, test, and preserve blood and its components under strict temperature and safety controls, ensuring their viability and safety for transfusions and preventing contamination.

Blood Processing and Storage Equipment Market Trends

• Technological advancements in blood processing and storage equipment systems are significantly driving market growth. Rapid technological improvements are helping blood banks and hospitals work faster and more accurately. Automation and smart monitoring systems reduce manual work, lower chances of mistakes, and keep blood components safe for longer. This drives demand for advanced devices like plasma freezers, blood bank refrigerators, and cell processors, as well as consumables such as blood bags, administration sets, etc. These upgrades deliver clear benefits, including fewer temperature issues, better inventory control, and stronger compliance with safety standards.
   
• Additionally, modern systems now feature IoT sensors, RFID tracking, and cloud-based dashboards for real-time monitoring of temperature and inventory. AI-powered controls ensure stable storage conditions and predictive maintenance, while closed-system processing and improved centrifugation enhance sterility and yield.
   
• Devices like ultralow temperature freezers, shock freezers, and grouping analyzers are designed for faster cycles and higher accuracy, meeting strict regulatory standards and supporting large-scale operations.
   
• For instance, Thermo Scientific TSX Series High-Performance Blood Bank Refrigerators feature advanced V-drive technology that adjusts compressor speed based on usage patterns, saving energy while maintaining optimal protection. They include microprocessor controls with alarms, dual-zone temperature display probes, interior lighting, and ergonomic design for ease of use. Factory preset to 4°C, these units ensure reliable blood storage and minimize temperature fluctuations.
   
• By improving energy efficiency, security, and operational reliability, these refrigerators help blood banks and hospitals reduce costs and maintain quality standards driving market growth as demand for sustainable, high-performance storage solutions continues to rise.
   

Blood Processing and Storage Equipment Market Analysis

Based on type, the market is segmented into devices, and consumables. The devices segment was valued at USD 34.4 billion in 2025 and held a significant market share of 63.8%.
 

• Devices refer to specialized equipment used for the safe collection, processing, and storage of blood and its components. This category includes plasma freezers, blood bank refrigerators, lab refrigerators, lab freezers, ultralow temperature freezers, shock freezers, grouping analyzers, warmers, hematocrit centrifuges, and cell processors. These devices ensure blood remains viable, sterile, and compliant with strict temperature and handling standards throughout its lifecycle.
   
• Devices are critical for maintaining blood quality and meeting rising demand from hospitals, blood banks, and diagnostic centers. With increasing surgical procedures, chronic disease prevalence, and blood donation awareness, healthcare facilities require advanced equipment to store and process blood safely. Devices like blood bank refrigerators and plasma freezers prevent spoilage, while cell processors and centrifuges enable efficient component separation. This drives consistent investment in high-performance, automated solutions, stimulating market growth.
   
• As healthcare systems scale and regulatory standards tighten, demand for advanced, automated, and energy-efficient devices will continue to rise.
   

Based on end use, the blood processing and storage equipment market is bifurcated into blood banks, hospitals & clinics, diagnostic laboratories, and other end users. The blood banks segment held a significant market share of 36% in 2025.
 

• Blood banks play a pivotal role in blood management, as they are the primary facilities responsible for collecting, processing, storing, and distributing blood and its components. To ensure safety and maintain the integrity of blood products, blood banks require advanced equipment such as blood bank refrigerators, plasma freezers, ultralow temperature freezers, and hematocrit centrifuges. These devices enable strict temperature control and compliance with regulatory standards, making blood banks the largest consumers of high-performance storage systems.
  
   
• The rising demand for blood and blood components for transfusion procedures driven by surgeries, trauma cases, and chronic disease management has significantly increased the operational scale of blood banks worldwide. This surge necessitates reliable and efficient blood storage solutions to maintain product quality and extend shelf life.
  
   
• Growing awareness about voluntary blood donation and government initiatives to strengthen blood supply networks further accelerates the expansion of blood banks. As these facilities handle large volumes of blood products daily, they depend on cutting-edge technologies for safe processing and storage, reinforcing their dominance in the market.
  
   
• Additionally, the increasing prevalence of chronic and infectious diseases has amplified the need for blood transfusions, making blood banks indispensable in healthcare systems. This trend drives continuous investment in advanced equipment such as cell processors, blood warmers, and consumables like blood bags and administration sets, fueling market growth.
   

North America Blood Processing and Storage Equipment Market

The North America region accounted for 40.5% of the global market in 2025. The market in North America is experiencing robust expansion, driven by the region’s advanced healthcare infrastructure and technological advancements.
 

• The U.S. market was valued at USD 17.4 billion and USD 18.3 billion in 2022 and 2023, respectively. The market size reached USD 20.3 billion in 2025, growing from USD 19.2 billion in 2024.
   
• The growing burden of chronic diseases in the U.S. is a major factor driving the blood processing and storage equipment market. Conditions such as cancer, cardiovascular disorders, and genetic blood disorders significantly increase the need for blood transfusions and component therapy.
   
• For instance, American red cross, nearly 16 million blood components are transfused each year in the U.S., highlighting the scale of demand for safe and efficient blood management systems. Sickle cell disease alone affects 90,000 to 100,000 people in the U.S., with about 1,000 babies born with the condition annually.
  
   
• Patients with sickle cell disease often require lifelong blood transfusions, creating a continuous need for advanced storage and processing solutions. Devices like blood bank refrigerators, plasma freezers, ultra-low temperature freezers, and cell processors, along with consumables, are essential to maintain blood quality and meet clinical requirements.
   
• As chronic diseases continue to rise, U.S. healthcare facilities are investing heavily in high-performance blood processing and storage equipment to ensure safety, compliance, and efficiency stimulating the market growth.
   

Europe Blood Processing and Storage Equipment Market

Europe market accounted for USD 12 billion in 2025 and is anticipated to show lucrative growth over the forecast period.
 

• Europe is witnessing a rapid shift toward advanced technologies in blood management, driven by the need for precision, efficiency, and sustainability.
   
• Modern blood processing and storage systems are moving beyond traditional refrigeration to incorporate smart features that enhance reliability and reduce operational costs. These innovations are essential for meeting the growing demand from hospitals, blood banks, and diagnostic centers across the region.
   
• Advancements such as automated blood component separation, smart refrigeration systems with real-time monitoring, and integration of IoT and AI for predictive maintenance are improving efficiency, safety, and compliance with stringent European healthcare standards.
   

Germany's blood processing and storage equipment market is projected to experience steady growth between 2026 and 2035.
 

• Surge in the number of road traffic accidents is a key driver shaping the market in Germany.
   
• For instance , according to Destatis Statistisches Bundesamt, Germany has witnessed a significant number of road traffic accidents, creating a growing demand for blood and blood components in emergency care. In 2024, 2,512,697 accidents were recorded, resulting in 364,993 persons injured and 2,770 fatalities. The high incidence of injuries from road accidents increases the need for timely blood transfusions and advanced blood management systems in hospitals and trauma centers.
   
• This surge drives the adoption of efficient blood processing and storage equipment to ensure adequate supply, maintain blood quality, and support rapid response in critical care situations.
   

Asia Pacific Blood Processing and Storage Equipment Market
 

The Asia Pacific region is projected to show a lucrative growth of about 8% during the forecast period.
 

• Asia-Pacific has witnessed a significant rise in awareness campaigns promoting voluntary blood donation. Governments, NGOs, and healthcare organizations are actively educating the public about the importance of donating blood to save lives, particularly during emergencies and surgeries. Countries like India, China, and Japan have launched large-scale initiatives and digital platforms to encourage regular donations.
   
• This growing awareness is leading to an increase in blood collection volumes, which creates the demand for advanced blood processing and storage equipment to handle, separate, and preserve blood components efficiently.
   
• The surge in blood donation awareness addresses chronic shortages and aligns with the region’s focus on improving healthcare accessibility and emergency preparedness. With a growing population and rising incidence of surgeries, trauma cases, and chronic diseases, the need for reliable blood supply is critical. As donation rates increase, the Asia-Pacific market for blood processing and storage equipment is expected to expand rapidly, driven by technological upgrades, regulatory compliance.
   

India blood processing and storage equipment market is poised to witness lucrative growth between 2026 – 2035.
 

• The increasing number of road traffic accidents in India is a major factor driving the demand for blood processing and storage equipment. With millions of vehicles on the road and growing urbanization, the frequency of accidents has surged, leading to a higher need for emergency medical care and blood transfusions. Hospitals and trauma centers require efficient blood management systems to ensure timely availability of safe blood components, creating strong market opportunities for advanced processing and storage technologies.
   
• For instance, Road accidents are a major public health concern in India, with over 450,000 reported accidents responsible for more than 150,000 deaths in 2022. These accidents are among the leading causes of mortality in the country, with 29 out of every 1,000 deaths in India in 2022 attributed to road accidents. The high incidence of severe injuries and fatalities underscores the critical need for robust blood supply chains and advanced equipment to process, store, and distribute blood efficiently during emergencies.
   
• The alarming rise in road traffic accidents in India highlights the urgent need for modern blood processing and storage infrastructure.
   

Latin America Blood Processing and Storage Equipment Market

Brazil is experiencing significant growth in the market.
 

• The rising burden of chronic diseases in Brazil is a major driver for the market. Non-communicable diseases (NCDs) such as cardiovascular disorders, diabetes, cancer, and chronic respiratory conditions require frequent surgical interventions, transfusions, and advanced medical care. This growing demand for blood and blood components in managing these conditions is pushing healthcare systems to invest in modern blood processing technologies and efficient storage solutions to ensure safety, quality, and availability.
   
• For instance, according to PRB, The four major NCDs cardiovascular disease, most cancers, diabetes, and chronic respiratory diseases are projected to account for approximately 81% of deaths in Latin America and the Caribbean by 2030, compared to 89% of all deaths in high-income countries. This alarming trend highlights the increasing healthcare burden and the critical need for reliable blood supply chains.
   
• The increasing prevalence of chronic diseases in Latin America underscores the importance of strengthening blood management infrastructure.
   

Middle East and Africa Blood Processing and Storage Equipment Market

• Increasing awareness about voluntary blood donation in Saudi Arabia is emerging as a key driver for the market. Government-led initiatives, healthcare campaigns, and collaborations with NGOs are encouraging citizens to donate blood regularly, ensuring a steady supply for hospitals and emergency care facilities.
   
• This trend is creating a strong demand for advanced equipment to process, store, and manage blood efficiently.
   
• The emphasis on blood donation aligns with Saudi Arabia’s broader healthcare modernization goals under Vision 2030. With rising surgical procedures, trauma cases, and chronic disease treatments, the need for reliable blood management systems is critical. Growing awareness ensures a consistent blood supply, driving demand for advanced equipment and creating significant opportunities for manufacturers in the region.
   

Blood Processing and Storage Equipment Market Share

• The leading companies in the market include Terumo, Grifols, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, and Beckman Coulter, collectively accounting for a 80% market share of the global market.
   
• Leading companies are driving innovation to enhance blood collection, processing, and storage worldwide. They are investing in automated blood component separation systems, smart refrigeration units with real-time monitoring, and pathogen reduction technologies to ensure safety and efficiency. These advancements help maintain blood quality, reduce wastage, and support timely transfusions, ultimately improving patient outcomes and lowering operational costs for healthcare providers.
   
• Through acquisitions and global expansion strategies, these companies are strengthening their position in the blood processing and storage ecosystem. Partnerships with hospitals, blood banks, and healthcare networks are enabling broader access to advanced blood management solutions, particularly in emerging markets. This collaborative approach ensures better inventory control, timely availability of blood components, and improved continuity of care for critical and emergency cases.
   
• In conclusion, the focus on automation, digital inventory management, and regulatory compliance by these industry leaders will significantly shape the future of the blood processing and storage equipment market. Integration of IoT and AI-driven predictive maintenance will further enhance operational efficiency and safety standards.
   
• Their commitment to innovation and strategic alliances will accelerate adoption globally, improve patient outcomes, and drive sustained market growth. As healthcare systems prioritize modernization and emergency preparedness, these advancements will remain central to meeting rising demand for blood and blood components.
   

Blood Processing and Storage Equipment Market Companies

Few of the prominent players operating in the blood processing and storage equipment industry include:

• Beckman Coulter, Inc.
• Thermogenesis Holdings, Inc.
• Maco Pharma International GmbH
• Immucor, Inc.
• Becton, Dickinson and Company
• Bio-Rad Laboratories, Inc.
• Grifols
• Abbott Laboratories
• Sigma Laborzentrifugen
• Terumo
• Poly Medicure Ltd
• Thermo Fisher Scientific, Inc.
• Biomerieux
• F. Hoffmann-La Roche Ltd
   

· Thermo Fisher Scientific

Thermo Fisher Scientific brings its expertise in life sciences to the blood processing and storage equipment market, offering high-performance systems that ensure optimal preservation and quality of blood components. The company focuses on integrating advanced monitoring and data analytics to improve process control and compliance. Through robust R&D initiatives and strategic partnerships, Thermo Fisher reinforces its commitment to innovation and reliability in blood management solutions worldwide.
 

· Beckman Coulter

Beckman Coulter is a prominent player in blood processing and storage technologies, delivering solutions that combine precision engineering with user-friendly designs. The company emphasizes automation and connectivity to enhance efficiency and reduce turnaround times in blood banking operations. With a strong focus on diagnostic accuracy and workflow optimization, Beckman Coulter continues to innovate, supporting healthcare providers in delivering safe and effective transfusion services globally.
 

·Immucor

Immucor specializes in transfusion and transplantation diagnostics, offering advanced blood processing and storage equipment that ensures compatibility and safety in patient care. The company integrates AI-driven tools and robust data management systems to improve decision-making and operational efficiency. Through continuous innovation and a commitment to clinical excellence, Immucor strengthens its role as a trusted partner in advancing blood management and transfusion practices worldwide.
 

Blood Processing and Storage Equipment Industry News:

• In July 2020, the U.S. Food & Drug Administration (FDA) granted 510(k) clearance to Beckman Coulter, Inc. for its PK7400 Automated Microplate System, a blood banking analyzer. With a maximum of 12 tests per sample and a throughput of up to 300 samples per hour, it offers the highest throughput in the industry for a single analyzer in its class. ABO blood grouping, Rh type, weak D testing, Rh-Kell phenotyping, syphilis, and CMV qualitative screening are all in the assay menu.
   

The blood processing and storage equipment market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and from 2022 – 2035 for the following segments:

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Market, By Type

• Devices
  • Plasma freezers
  • Blood bank refrigerators
  • Lab refrigerators
  • Lab freezers
  • Ultralow temperature freezers
  • Shock freezers
  • Grouping analyzers
  • Warmers
  • Hematocrit centrifuges
  • Cell processors
• Consumables
  • Blood administration sets
  • Blood bags
  • Blood collection needles
  • Blood collection tube
  • Blood filters
  • Blood lancets
  • Blood grouping reagents
  • Blood coagulation reagents
  • Hematology reagents
  • Other consumables

Market, By End Use

• Blood banks
• Diagnostic laboratories
• Hospitals & clinics
• Other end users
   

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • UAE