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Blood Products Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

The Blood Products Market: By Type (Whole Blood, Blood Components, Blood Derivatives), By Product (Packed RBC’s, Platelets, FFP, Cryo, Washed Red Blood Cells, Irradiated Blood) By Application (Treatment, Diagnosis), By End User (Blood Banks, Diagnostic Centres, Hospitals),  By Geography

 

Blood Products Market

 

Market Outline: Blood Products Market

These are classified blood components arranged in the blood transfusion focus (red cells, platelets, crisp solidified plasma and cryoprecipitate) or plasma subsidiaries produced from pooled plasma gifts in plasma fractionation focuses, (for example, egg whites, coagulation components and immunoglobulins).

 

Market Dynamics: Blood Products Market 

Increase in the prevalance of various diseases, expanded need of blood during several surgical procedurs, increse in government initiatives regarding necessity of blood donation, safety of blood transfusion, several blood donating campaigns are some of the factors that are fuelling the growth of the blood products market. However, Lack of awareness and lack of skilled and trained professionals can lead to misleading transfusion thus, declining the sales of blood products globally.

 

Market Scope: Blood Products Market 

The Blood Products Market is classified on the basis product type, Application, End User and geographical regions.

Based on Type, Blood Products Market is segmented into

  • Whole Blood
  • Blood Components
  • Blood Derivatives

Based on Product, Blood Products Market is segmented into

  • Packed RBC’s
  • Platelets
  • FFP
  • Cryo
  • Washed Red Blood Cells
  • Irradiated Blood

Based on Application, Blood Products Market is segmented into

  • Treatment
  • Diagnosis

Based on End User, Blood Products Market is segmented into

  • Blood Banks
  • Diagnostic Centres
  • Hospitals

Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Market Summary: Blood Products Market 

Global blood products market have plentiful of market players and it is consolidated. In terms of processing devices, strong market players are present. Companies in this market are focusing on new product develepments and market expansions for strengthen their market share. Furthermore companies are also stregnthening their posistion by acquiring the other companies operating in same market. For instance, in August 2012, Haemonetics Corporation acquired business assets of blood collection, filteration and processing product lines of Pall Corpration. On November 11, 2013, Grifols, a global healthcare company and producer of plasma therapies, acquired the transfusion diagnostics unit of Novartis. Furthermore, government organizations and non-government organizations are also playing major role in providing awareness regarding life threatening diseases, blood transfusion, blood donation etc.

 

Regional Analysis: Blood Products Market 

Geographically blood products market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America is expected to have major share in blood products market owing to the factors such as growing rates of blood donation and transfusion, increase in R&D in blood and blood products and growing awareness on blood infectious diseases, increase in doctor visiting, growing prevalence of chronic diseases such cardiovascular diseases and cancers etc. However, the Asian market is expected to grow significantly during the forecast period. The increasing prevalence and incidence rate of chronic disorders in Asia provides growth opportunities for players in the market. Key players are focusing on strategies such as product launches and acquisitions to strengthen their foothold in the blood products market.

 

Market participants: Blood Products Market 

Some of the players in Blood Products Market

  • Grifols (Spain)
  • Medtronic (US)
  • Becton, Dickinson and Company (US)
  • Fresenius (Germany)
  • Terumo (Japan)
  • Haemonetics (US)
  • Kawasumi Laboratories (Japan)
  • Nipro Medical (US)
  • Greiner Holding (Austria)
  • L. Medical (Italy)
    
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