Uploaded on Sep 25, 2021
The blood transfusion market is predicted to grow with a CAGR of 5.6% during the forecast period. https://straitsresearch.com/report/blood-transfusion-market/
Blood Transfusion Market Size 2021 | Market Analysis, Growth Factors And Regional Overview By 2029 | StraitsResearch
Rise Surgical Procedures as Compared to Developing Countries Boost
the Blood Transfusion Market Growth | StraitsResearch
StraitsResearch company lately announced the newest addition of a report titled,
“Blood Transfusion Market”, into its massive repository of research reports forecast.
This report estimates industry market value trends, growth trends and values, regional
market growth reason, major vendors competitive level, market share between the
key manufacturer, and future growth opportunity. Then, we refer to numerous
primary and secondary sources for market predicting and sizing, including but not
restricted to user reviews, historic market data, public financial records, and interviews
with industry key vendors.
The growth in Asia-Pacific is attributed to the rising geriatric population, which is
susceptible to chronic disorders that necessitate surgery. The blood transfusion market
in Asia-Pacific is estimated to grow rapidly over the forecast period. The prediction is
that China and India constitute the largest pool of geriatric communities in the world.
The economic growth of countries like India and China favors healthcare infrastructure
and the expansion of medical device companies, trauma centers, specialty orthopedic
centers for trauma fixation devices, furthering the regional market growth.
Trends in Blood Transfusion Market
The blood transfusion market is predicted to grow with a CAGR of 5.6% during the
forecast period.
Competitive Landscape
Some of the major Companies in the Blood Transfusion Market are Some of the
notable players in the global Blood Transfusion market are Grifols S.A. (Spain),
Immucor Inc. (US), Ortho Clinical Diagnostics (US), Abbott Laboratories (US), Bio-Rad
Laboratories, Inc. (US), Hoffmann-La Roche Ltd. (Switzerland), Quotient Ltd.
(Switzerland), BD (US), Terumo Corporation (Japan), Braun (Germany),
Segmental Insights Trends
The Blood Transfusion Market is Segmented By Product and By End User.
By Product: By End User:
- Blood Mixer - Hospitals
- Apheresis Device - Blood Bank
- Consumables & Supplies - Ambulatory Surgical Centers
- Blood Bag & Accessory
Impact of Covid -19
The outbreak of the COVID-19 pandemic is expected to hinder the growth of the global
UV curable inks market. The lockdown strategies and restrictions on physical
movements due to the COVID-19 pandemic have significantly decreased the
production of these inks due to a halt in production in other industries. Therefore, it is
forecasted to severely impact the demand for UV curable inks across the globe. The
market is inclined to experience demand as well as supply shocks due to temporary
shutdowns of factories. Therefore, the market is expected to observe fluctuations in its
demand in recent years.
Regional Insights
Geographically, the Blood Transfusion Market is segmented into five regions.
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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