The blood processing and storage equipment industry is consolidated, with major players such as Becton, Dickinson, and Company (BD), and few others dominating the market. These companies are focused on continuous product innovation to secure a significant market share. In July 2021, BD stated that it had acquired Velano Vascular, a business that specialises in creating and manufacturing technologies for no-needle blood draws. The purchase is consistent with the company’s expansion strategy to enter various categories that address unmet needs and have a more favourable impact on patients and healthcare systems.
Some of the eminent market participants operating in the Blood processing and storage equipment market include: