Blood Preparation Market to Grow with a CAGR of 6.22% through 2030
Rising advancements in blood testing and screening are
expected to drive the Global Blood Preparation Market growth in the forecast
period, 2026-2030.
According to TechSci Research report, “Blood
Preparation Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030”, the Global Blood Preparation Market
stood at USD 43.57 billion in 2024 and is anticipated to grow with a CAGR of 6.22%
in the forecast period, 2026-2030. The global blood preparation market is
undergoing significant growth, driven by a confluence of factors that emphasize
the importance of blood and blood-related products in modern healthcare. With
the rising prevalence of chronic diseases, the increasing need for safe and efficient
blood products, and innovations in blood preparation technologies, this market
is on a trajectory of expansion. Surgical procedures are another major contributor to
the demand for blood preparation products. Surgeries, whether planned or emergency,
frequently require blood transfusions to replace lost blood, manage bleeding
disorders, or support patients with various medical conditions. The increasing
number of surgical interventions globally, including cardiac surgeries, organ
transplants, and trauma surgeries, is boosting the demand for blood
preparations to cater to the transfusion needs of patients during and after
these procedures.
Blood safety is a paramount concern in healthcare.
Ensuring that blood and blood products are free from infections and diseases is
critical. Advancements in blood testing and screening technologies have led to
more accurate and efficient methods for detecting infectious agents, such as
HIV, hepatitis, and various other bloodborne pathogens. These innovations have
not only improved the safety of blood products but also reduced the risk of
transfusion-related complications, thereby driving the demand for blood
preparation products that adhere to the latest quality and safety standards.
The blood preparation process has evolved
significantly over the years. Automation and advanced equipment have improved
the efficiency and reliability of blood collection, separation, and storage.
Automated systems are capable of processing large volumes of blood components
with precision, reducing the margin of error and the risk of contamination. The
adoption of these cutting-edge technologies enhances the overall quality and
safety of blood products, ensuring that they meet the highest regulatory standards.
The global demographic landscape is shifting, with an increasing proportion of the population being composed of older individuals. Older adults are more likely to require blood transfusions due to various age-related conditions and surgical interventions. As the aging population expands, so does the demand for blood preparations. This demographic shift is a significant driver of the global blood preparation market, as it ensures a steady and growing need for blood products.
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The Global Blood Preparation Market is segmented into Product, Type, Application, Regional Distribution, And Company.
Based on the Product, blood derivatives emerged as the fastest segment in the global market for Global Blood
Preparation Market. Using blood components, as opposed to whole blood,
reduces the risk of transfusion-related complications. When patients receive
only the specific component they require, it minimizes the chances of receiving
unnecessary components that may lead to adverse reactions or other
complications. This approach aligns with a focus on patient safety and targeted
therapy. Blood components help optimize the use of the available
blood supply. Rather than transfusing whole units of blood, healthcare
providers can divide donated blood into its components, allowing for the
efficient allocation of resources. This optimization is especially critical in
situations where the supply of whole blood is limited. Blood components have a
longer shelf life compared to whole blood. Red blood cells, for example, can be
stored for an extended period, allowing for better inventory management and
minimizing wastage. This is particularly important for blood banks and
healthcare facilities, as it helps maintain a consistent supply of blood
components.
The Asia Pacific region is experiencing the fastest growth in the Blood Preparation Market. This growth is primarily driven by the increasing prevalence of chronic diseases, the rising demand for blood products in healthcare settings, and significant advancements in medical infrastructure across the region. Countries like China, India, Japan, and South Korea are witnessing rapid developments in their healthcare systems, contributing to the increased need for blood transfusions, blood components, and preparation services. Additionally, the region's growing population, coupled with the rising number of surgeries, trauma cases, and healthcare treatments requiring blood products, is further propelling market demand. The expansion of healthcare access and government initiatives to improve blood donation and transfusion practices are also supporting the market's growth in Asia Pacific. With the increasing focus on enhancing blood preparation technologies and quality control, the region is expected to continue leading the global market.
Major companies operating in Global Blood
Preparation Market are:
- Pfizer, Inc.
- Bristol-Myers Squibb Company
- Leo Pharma A/S
- Sanofi
- Xiamen Hisunny Chemical Co., LTD
- AstraZeneca plc
- Baxter International Inc
- Portola Pharmaceuticals, Inc.
- GlaxoSmithKline PLC
- Shandong East Chemical Industry Co.
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“The Global Blood
Preparation Market is poised for significant growth in the coming years, driven
by several key factors. Anticipated advancements in blood preparation
technologies, such as automation and nucleic acid testing, will continue to enhance
the safety and efficiency of blood products, instilling greater confidence in
healthcare professionals and the public. The rising prevalence of chronic
diseases, an aging population, and an increased focus on personalized medicine
are expected to fuel the demand for blood and blood derivatives. As healthcare
expenditure continues to rise globally, investments in advanced healthcare
infrastructure and a robust emphasis on blood safety are set to further boost
the market”, said Mr. Karan Chechi, Research Director OF TechSci Research, a
research-based management consulting firm.
“Blood Preparation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Whole Blood, Blood Components, Blood Derivatives), By Type (Platelet Aggregation Inhibitors, Fibrinolytics, Anticoagulants), By Application (Thrombocytosis, Pulmonary Embolism, Renal Impairment, Angina Blood Vessel Complications, Others) Region and Competition 2020-2030F”, has evaluated the future growth
potential of Global Blood Preparation 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 Preparation Market.
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