Blood Plasma Thawing Device Market: By Type (Manual  and Automated), By Application (Blood Banks & Transfusion Centers, Hospitals & Diagnostic Laboratories, Cord Blood & Stem Cell Banks, Research & Academic Institutes, Biotechnology & Pharmaceutical Companies, and  Tissue Banks), and Geography  

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Blood Plasma Thawing Device Market was valued at USD 215.0 million in 2022 and is expanded to grow at a significant CAGR of 11.4% over 2023-2029. The process of allowing frozen plasma to stand at a temperature above zero degrees Celsius is known as plasma thawing. The plasma unit is kept dry by the plasma thawing mechanism. The rise of industry players is projected to be aided by an increase in demand for manual and automated blood thawing systems from hospitals, blood banks, and transfusion medicine centers. Furthermore, a strong preference for dry plasma thawers is projected to boost demand in the coming years. Innovations in thawing methods to boost the safety and effectiveness of transfusion practices, propelling the blood thawing system market. Increased prevalence of chronic disease, which drives demand for blood and plasma products, increased launches and agreements, and technical improvements to make the thawing process easier and simpler are the primary factors driving the market growth. Sales of blood thawing systems are projected to increase in the near future as prominent manufacturers begin to incorporate cutting-edge technologies. Dry plasma thawing products are gaining preference over traditional water baths or wet plasma thawers, as they help increase the success of transfusion of adult stem cells. The industry value for blood thawing systems is expected to rise due to increased demand from major end-use sectors and prominent manufacturers' flurry of new inventions. Increased demand for automated biomedical warming and thawing devices is also helping to drive market growth. Growing demand for pharmaceutical research is further poised to increase the adoption rate for biomedical warming and thawing devices, thereby fuelling the market progression during the forecast timeframe. According to forecasts, the blood/plasma thawing device market is dominated by the blood banks segment. Major drivers driving the expansion of this end-user segment include an increase in the number of blood banks, as well as improved accessibility and availability of blood samples in blood banks.

Blood Plasma Thawing Device Market Key Developments:
  • In December 2021, Sartorius and HOF Sonderanlagenbau, announced a partnership to integrate two HOF horizontal plate freeze-thaw units into the Sartorius portfolio offering customers a full suite of compatible freeze-thaw equipment and consumables.  This partnership will enable faster and easier implementation of robust frozen drug substance management platforms through improved validation and purchase support from a single supplier.
  • In March 2021,Cardinal Health announced that it has signed a definitive agreement to sell its Cordis business to Hellman & Friedman (H&F) for approximately $1 billion, which includes buyer's assumption of certain liabilities and seller's retention of certain working capital accounts. The transaction is expected to close in the first half of Cardinal Health's fiscal year 2022, subject to customary closing conditions and regulatory clearances.

Blood Plasma Thawing Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.4%

Largest Market

North-America

Fastest Growing Market

Europe
Blood Plasma Thawing Devices Market Dynamics

On the back of advancements in regenerative medicine, advances in cryopreservation techniques, particularly for thawing red blood cells (RBC) and entire blood, have opened up new prospects for companies in the blood thawing devices market. Notably, increased public knowledge of the benefits of stem cell tissue banking has boosted demand for blood thawing devices. Factors such as high levels of consolidation, expensive device costs, and a complex regulatory framework for new product approval may limit the market's growth to some extent.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

 

 

Blood Plasma Thawing Devices Market Segmentation

By Type
  • Manual
  • Automated
By Application
  • Blood Banks & Transfusion Centers
  • Hospitals & Diagnostic Laboratories
  • Cord Blood & Stem Cell Banks
  • Research & Academic Institutes
  • Biotechnology & Pharmaceutical Companies
  • Tissue Banks
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The blood/plasma thawing device market is projected to expand at a CAGR of 11.4% during the forecast period

Sartorius AG, Thermo Fisher Scientific, Inc.,, Cytiva (GE Healthcare), Cardinal Health, KW Scientific Apparatus Srl, Boekel Scientific, Barkey GmbH & Co. KG, Helmer Scientific Inc., Fremon Scientific Inc.

North-America is the fastest-growing region for blood/plasma thawing device market

  1. Executive Summary
  2. Global Blood Plasma Thawing Devices Market Introduction
    • Global Blood Plasma Thawing Devices Market Taxonomy
    • Global Blood Plasma Thawing Devices Market Definitions
      • By Type
      • By Application
  3. Global Blood Plasma Thawing Devices Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Blood Plasma Thawing Devices Market Dynamic Factors - Impact Analysis
    • Global Blood Plasma Thawing Devices Market Competition Landscape
  4. Global Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Blood Plasma Thawing Devices Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Manual
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automated
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Blood Plasma Thawing Devices Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Blood Banks & Transfusion Centers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Research & Academic Institutions
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hospitals & Diagnostic Laboratories
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biotech & Pharma Companies
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cord Blood & Stem Cell Banks
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Blood Plasma Thawing Devices Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Blood Plasma Thawing Devices Market - Opportunity Analysis Index, By Type, Application, and Region, 2023 - 2029
  2. North America Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Manual
      • Automated
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Blood Banks & Transfusion Centers
      • Research & Academic Institutions
      • Hospitals & Diagnostic Laboratories
      • Biotech & Pharma Companies
      • Cord Blood & Stem Cell Banks
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Blood Plasma Thawing Devices Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • North America Blood Plasma Thawing Devices Market Dynamics Trends
  3. Europe Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Manual
      • Automated
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Blood Banks & Transfusion Centers
      • Research & Academic Institutions
      • Hospitals & Diagnostic Laboratories
      • Biotech & Pharma Companies
      • Cord Blood & Stem Cell Banks
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Blood Plasma Thawing Devices Market Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Europe Blood Plasma Thawing Devices Market Dynamics Trends
  4. Asia-Pacific Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Manual
      • Automated
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Blood Banks & Transfusion Centers
      • Research & Academic Institutions
      • Hospitals & Diagnostic Laboratories
      • Biotech & Pharma Companies
      • Cord Blood & Stem Cell Banks
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Blood Plasma Thawing Devices Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Asia-Pacific Blood Plasma Thawing Devices Market Dynamics Trends
  5. Latin America Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Manual
      • Automated
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Blood Banks & Transfusion Centers
      • Research & Academic Institutions
      • Hospitals & Diagnostic Laboratories
      • Biotech & Pharma Companies
      • Cord Blood & Stem Cell Banks
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Blood Plasma Thawing Devices Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Latin America Blood Plasma Thawing Devices Market Dynamics Trends
  6. Middle East and Africa Blood Plasma Thawing Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Manual
      • Automated
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Blood Banks & Transfusion Centers
      • Research & Academic Institutions
      • Hospitals & Diagnostic Laboratories
      • Biotech & Pharma Companies
      • Cord Blood & Stem Cell Banks
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Blood Plasma Thawing Devices Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • MEA Blood Plasma Thawing Devices Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Helmer Scientific (U.S)
      • Boekel Scientific (U.S.)
      • Sarstedt (Germany)
      • Barkey (Germany)
      • BioCision (U.S.)
      • Cardinal Health (U.S.)
      • GE Healthcare (U.S.)
      • CytoTherm (U.S.)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Sartorius AG
  • Thermo Fisher Scientific, Inc.,
  • Cytiva (GE Healthcare)
  • Cardinal Health
  • KW Scientific Apparatus Srl
  • Boekel Scientific
  • Barkey GmbH & Co. KG,
  • Helmer Scientific Inc.,
  • Fremon Scientific Inc.