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Blood Processing and Storage Equipment Market Trends

Report ID: GMI4075
Published Date: Oct 2023
Report Format: PDF

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Blood Processing and Storage Equipment Market Trends

The growing preference for technologically advanced equipment across the healthcare sector is predicted to boost the adoption of the devices. For instance, in March 2022, Mindray unveiled its BC-700 Series, a novel hematology analyzer series that consists of both erythrocyte sedimentation rate (ESR) and complete blood count (CBC) tests.

Furthermore, many government organizations are making efforts to improve the storage and maintenance of blood & blood components to tackle a wide range of health issues and critical injuries.
For instance, in August 2022, the U.S. Department of Health & Human Services (HHS) announced the launch of ‘Giving = Living’, a campaign aimed at increasing awareness of the significance of donating blood and plasma.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market was valued at USD 44 billion in 2022 and is estimated to account for USD 87.6 billion by 2032, as these equipment are crucial components of healthcare systems and blood banks.

The devices segment garnered over USD 28 billion in the year 2022 as they are primarily used owing to their cost-efficiency, safety, accurate results, and ability to perform tasks with a high degree of precision.

U.S. blood processing and storage equipment market accounted for USD 16.6 billion in 2022 and is predicted to witness substantial growth through 2032, primarily due to the annual increase in the demand for blood components as well as alarming surge in cancer cases.

Immucor, Inc., Becton, Dickinson, and Company, Bio-Rad Laboratories, Inc., Grifols, S.A., Abbott Laboratories, Global Scientific Company, Sigma Laborzentrifugen GmbH, Terumo BCT, Inc., Poly Medicure Ltd., and Thermo Fisher Scientific, Inc. among others.