Press Release

Blood Management System Market to be Supported by the Rise in Number of Blood Donations through 2028

Increasing demand for blood and blood products is expected to drive the global blood management system market during the forecast period, 2024-2028.

According to TechSci Research report, “Blood Management System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, the global blood management system market is anticipated to grow at a significant rate in the forecast period, 2024-2028. The growing incidence of blood disorders, such as hemophilia, sickle cell anemia, and leukemia, is expected to have a significant impact on the global blood management system market. These disorders often require the use of blood transfusions and blood products for treatment, which drives the demand for these products. As a result, healthcare facilities are implementing an effective blood management system to ensure adequate supplies of blood and blood products, and to avoid wastage and shortages. The growing incidence of blood disorders, therefore, underscores the need for robust blood management systems, which in turn, propels the growth of the global blood management system market.

However, the high cost associated with the implementation and maintenance of blood management systems is expected to hamper the growth of the global blood management system market in the forecast period.  Besides, the dearth of skilled professionals may hamper the growth of the global blood management system market in upcoming years.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Blood Management System Market

Global blood management system market is segmented based on type, end user, company, and region.

Based on type, the global blood management system market is segmented into donor management module, transfusion service module, inventory management, donation scheduling, screening & testing, reporting & analytics, integration & interoperability, and others.  The transfusion service module segment is one of the fastest-growing in the global blood management system market. It is because the transfusion service module manages the transfusion process, from blood product request to final delivery. It ensures proper matching of blood products of patients, tracks transfusion-related data, and promotes adherence to transfusion guidelines.

Based on end user, the global blood management system market is divided into blood banks, hospitals, ambulatory care centers, and others. Of these end-users, the blood banks segment is expected to hold the largest share in the global blood management system market during the forecast period. This is attributed to the increased awareness of blood donations, the high demand for blood, and others.

Major companies operating in global blood management system market are:

  • Cerner Corporation
  • Haemonetics Corporation
  • Coelentera Technologies Pvt. Ltd.
  • Strides Software Solutions Pvt Ltd.
  • McKesson Corporation
  • Integrated Medical Systems, Inc.
  • MAK-SYSTEM International Group
  • Mediware, Inc.
  • CompuGroup Medical SE & Co. KGaA
  • SCC Soft Computer

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“North America dominates the global blood management system market. This is because the region has a well-established healthcare infrastructure, advanced technology adoption, and robust regulatory frameworks that contribute to the dominance of the global blood management system market. Additionally, factors such as the presence of key market players, increasing awareness about blood safety and management, and high healthcare expenditure in North America have further fueled the growth and is expected to drive the growth of market” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Blood Management System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Donor Management Module, Transfusion Service Module, Inventory Management, Donation Scheduling, Screening & Testing, Reporting & Analytics, Integration & Interoperability, and Others), By End User (Blood Banks, Hospitals, Ambulatory Care Centers, and Others), By Region and Competition”, has evaluated the future growth potential of global blood management system market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global blood management system market.

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