|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 15.22 Billion
|
|
Market Size (2030)
|
USD 23.56 Billion
|
|
CAGR (2025-2030)
|
7.53%
|
|
Fastest Growing Segment
|
Integration & Interoperability
|
|
Largest Market
|
North America
|
Market Overview
The Global Blood Management System
Market was valued at USD 15.22 Billion in 2024 and is expected to reach USD 23.56
Billion by 2030 with a CAGR of 7.53%. The Global Blood Management System Market is
witnessing significant growth driven by the rising number of surgical
procedures across the globe, increasing cases of trauma and chronic diseases
requiring blood transfusion, and growing awareness about effective blood usage
and management. Healthcare providers are focusing on improving transfusion
safety and minimizing wastage, which has boosted the demand for advanced blood
management systems. The aging global population has further contributed to a
rising incidence of conditions such as cardiovascular diseases and cancer,
which often necessitate surgical intervention and blood support, creating sustained
demand for these systems. Increasing healthcare expenditure and government
initiatives promoting efficient blood usage are also reinforcing market
expansion.
Technological advancements are shaping key trends in
the market, with the integration of software solutions and automation
streamlining the processes of blood collection, storage, and transfusion.
Digital blood bank management systems and AI-powered platforms are gaining
traction due to their ability to enhance traceability, reduce human error, and
improve operational efficiency. Many healthcare institutions are adopting RFID
and barcode technologies for real-time inventory management and improved patient
safety. There is also a growing emphasis on personalized medicine, leading to
innovations in patient-specific transfusion planning and point-of-care blood
testing tools, which are transforming how clinicians manage and monitor blood
use.
The market faces certain challenges such as the high
cost of implementing and maintaining advanced blood management systems,
especially in underfunded healthcare settings. Technical complexities and the
need for staff training act as barriers to widespread adoption. Regulatory
compliance and stringent safety standards add to the operational burden for
healthcare facilities. Data security concerns linked to digital systems are
another critical issue, particularly with the rising focus on data privacy. Despite
these challenges, increasing investments in healthcare infrastructure and the
growing demand for data-driven decision-making in hospitals present
opportunities for market players to expand and innovate.
In 2021, the National AIDS Control
Organization in India facilitated the collection of approximately 5.83 million
blood units through its blood transfusion services. This represented a decline
from the previous year, when nearly 7.3 million units were collected. Additionally,
favorable reimbursement policies and mechanisms that incentivize the adoption
of blood management systems can positively impact the growth of the global
blood management system market. Also, these favorable reimbursement policies
support to encourage healthcare providers to invest in these systems and
implement best practices in blood management.
Key Market Drivers
Growing
Demand for Blood and Blood Products
The growing demand for blood and blood
products is expected to bolster the growth of the global blood management
system market in the coming years. Various medical conditions, including
surgeries, cancer treatments, and organ transplants, necessitate blood
transfusions to improve patient outcomes. This growing need for blood
transfusions directly drives the demand for advanced blood management
systems. In 2021, the American Red Cross stated that sickle cell
disease affected about 1,00,000 people in the United Stated. These patients
require blood transfusion throughout their lives, therefore increasing the
demand for blood transfusions. The growing demand for blood and
blood products is surging with the adoption of blood management systems, as
healthcare facilities recognize the need for efficient management of blood
inventory, tracking, and transfusion processes to meet the rising demand. As a
result, the demand for blood management systems is surging, thereby driving the
growth of the global blood management system market.
Rising
Surgical Volume and Trauma Cases
The rising surgical volume and trauma cases are
significant drivers for the growth of the Global Blood Management System
Market. In the United States alone, over 51 million inpatient surgical
procedures were performed in 2022. These procedures often require
substantial blood transfusions, highlighting the need for efficient blood
management systems to ensure timely availability and reduce complications. The
increasing number of trauma cases, including those from accidents, natural
disasters, and violence, has amplified the demand for prompt and effective
blood management solutions in hospitals and emergency settings. For
instance, in 2022, unintentional injuries led to 227,039 deaths in the U.S.
Efficient management of blood during surgeries and trauma care is crucial for
improving patient outcomes and reducing complications. Blood loss during
surgeries can lead to severe conditions like hypovolemic shock and anemia,
necessitating the need for precise blood management. This surge in surgical and
trauma cases underscores the importance of real-time monitoring, blood
tracking, and optimal storage to ensure the availability and safety of blood
products.
Blood management systems are critical for enhancing
the safety and efficiency of transfusions, preventing adverse reactions, and
managing blood resources effectively. To address these needs, medical
institutions and healthcare providers are adopting advanced blood management
systems that incorporate features such as real-time temperature monitoring,
automated tracking, and secure storage. These systems help maintain blood
quality and reduce wastage, ensuring that the right blood product is available
when needed. The growth of surgical volumes and trauma cases directly
influences the demand for more sophisticated and reliable blood management
systems to ensure patient safety and improve clinical outcomes.
Growing
Awareness among Healthcare Professionals and the Public
Growing awareness among healthcare professionals and
the public about the importance of blood management is another factor
influencing the global blood management system market. Healthcare
professionals, including physicians, nurses, and laboratory staff, are
increasingly recognizing the significance of proper blood management practices.
They are becoming more aware of the potential risks associated with unnecessary
blood transfusions, such as infections, transfusion reactions, and resource
wastage. This awareness drives the adoption of blood management systems that
help healthcare professionals make informed decisions, optimize blood
utilization, and improve patient outcomes. Also, with a greater focus on
patient safety and quality of care, healthcare professionals are realizing the
importance of implementing standardized blood management protocols. Blood
management systems provide tools and guidelines that enhance patient safety by
ensuring appropriate blood product utilization, reducing the risk of transfusion-related
complications, and improving overall healthcare outcomes. Furthermore, the
increasing awareness of healthcare costs has prompted healthcare professionals
to explore strategies for cost containment. Blood management systems help
optimize blood product utilization, reduce unnecessary transfusions, and
minimize wastage. By implementing these systems, healthcare facilities can
achieve cost savings while ensuring adequate supply for patients in need, which
in turn, is expected to strengthen the growth of the global blood management
system market.
In addition, the public's growing
awareness of healthcare-related issues extends to the understanding of blood
transfusions and their potential risks and benefits. Patients are more likely
to be proactive in discussing their treatment options with healthcare providers
and seeking alternatives to blood transfusions when appropriate. This growing
patient awareness and empowerment are driving healthcare facilities to adopt
blood management systems that support patient-centered care and provide
alternatives to transfusions, such as intraoperative cell salvage or minimally
invasive procedures. There are various programs and initiatives that promote
the use of blood management systems such as National Blood Transfusion Council
(NBTC) Programs, International Foundation for Patient Blood Management (IFPBM),
etc. For instance, the
International Foundation for Patient Blood Management (IFPBM) is a global
organization dedicated to promoting patient blood management and improving
patient outcomes. They organize educational conferences, workshops, and
webinars to raise awareness about the benefits of blood management systems and
advocate for their implementation in healthcare settings worldwide.
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Key Market Challenges
High
Implementation and Maintenance Costs
High implementation and maintenance costs present a
significant challenge for the Global Blood Management System Market. The
upfront costs involved in acquiring and setting up advanced blood management
systems, which include purchasing software, hardware, and storage devices, can
be substantial. Many hospitals and blood banks face budget constraints, making
it difficult for them to invest in these comprehensive solutions. These systems
often require substantial initial capital investment, which can be a barrier
for smaller institutions or those in developing regions. The integration of
these systems into existing infrastructure also requires extensive
customization, which adds to the overall cost.
Maintenance of these systems further compounds the
financial burden. Regular updates, software licenses, and technical support are
required to ensure smooth operation and compliance with evolving regulatory
standards. Additionally, advanced features such as real-time temperature
monitoring, AI-driven analytics, and automated tracking systems require
continuous calibration, which incurs additional costs. For instance, ensuring
the reliability of cold storage units for blood products, along with the necessary
infrastructure for data security and system monitoring, can be an expensive
ongoing process.
For healthcare providers, the challenge lies in
balancing the benefits of these advanced systems, such as improved patient
outcomes and reduced wastage, against the ongoing costs. The financial strain
can result in delays in adopting these technologies, especially in
resource-limited settings. Furthermore, the lack of skilled personnel to
operate and maintain these systems adds another layer of complexity. The high
cost of implementation and maintenance remains a key hurdle in the widespread
adoption of advanced blood management systems, especially in smaller healthcare
facilities and emerging markets.
Data
Privacy and Cybersecurity Concerns
Data privacy and cybersecurity concerns present
significant challenges for the Global Blood Management System Market. The
increasing digitization of blood management systems has led to a surge in
cyberattacks targeting healthcare organizations. For instance, in January
2025, the New York Blood Center experienced a ransomware attack that
compromised its IT systems, disrupting operations and delaying blood deliveries
to over 200 hospitals. Similarly, in July 2024, OneBlood, a nonprofit blood
provider serving multiple U.S. states, reported a ransomware event affecting
its software systems and disrupting blood delivery operations.
These incidents underscore the vulnerability of blood
management systems to cyber threats, which can lead to unauthorized access to
sensitive donor and patient data, operational disruptions, and compromised
patient safety. The U.S. Food and Drug Administration (FDA) has highlighted the
importance of cybersecurity resilience in blood establishments, noting that
recent cybersecurity incidents have disrupted healthcare systems and halted
blood establishment operations. Such breaches not only jeopardize patient care
but also erode public trust in blood donation programs.
To mitigate these risks, blood management
organizations must invest in robust cybersecurity measures, including
encryption, multi-factor authentication, and regular system audits. Ensuring
compliance with data protection regulations and adopting a proactive approach
to cybersecurity are essential steps to safeguard sensitive information and
maintain the integrity of blood management systems.
Key Market Trends
Adoption
of Cloud-Based Blood Management Solutions
The adoption of cloud-based blood management
solutions is significantly transforming the Global Blood Management System
Market. Cloud technology offers scalable and secure storage solutions for blood
bank data, facilitating easier access and management. These systems enable
remote monitoring and data sharing, enhancing collaboration among healthcare
providers. By eliminating the need for extensive on-premises infrastructure,
cloud-based solutions reduce operational costs and allow blood banks to focus more
on patient care. This shift is particularly beneficial for smaller institutions
and those in emerging markets, where resource constraints often limit the
adoption of advanced technologies.
Moreover, cloud-based systems support integration with
Electronic Health Records (EHR), enabling seamless data exchange between blood
banks and healthcare providers. This integration ensures that the right blood
is delivered to the right patient, improving transfusion safety and efficiency.
The ability to access data remotely also enhances decision-making processes,
allowing for timely interventions and better resource management. As healthcare
systems continue to prioritize digital transformation, the adoption of
cloud-based blood management solutions is expected to increase, driving
improvements in blood supply chain management and patient outcomes.
Rise
of Mobile and Remote Access Solutions
The integration of mobile and remote access solutions
is transforming the Global Blood Management System Market, enhancing efficiency
and accessibility in blood collection, storage, and transfusion processes.
Mobile health (mHealth) technologies enable real-time monitoring and management
of blood products, facilitating timely interventions and reducing wastage.
These solutions are particularly beneficial in remote and underserved areas,
where traditional infrastructure may be lacking. By leveraging mobile platforms,
healthcare providers can track blood inventory, monitor storage conditions, and
ensure compliance with safety standards from virtually any location. This
mobility enhances responsiveness and supports decentralized healthcare delivery
models.
In 2023, approximately 76.7 million
patients worldwide were remotely monitored through connected medical devices,
underscoring the growing reliance on mobile health technologies in healthcare
settings. This trend is mirrored in blood management systems,
where mobile solutions are increasingly adopted to streamline operations and
improve patient outcomes. The rise of mobile and remote access solutions in
blood management is driven by advancements in mobile technology, increased
demand for real-time data, and the need for more efficient and accessible
healthcare services. As these technologies continue to evolve, they are
expected to play a pivotal role in shaping the future of blood management
systems, offering enhanced capabilities and broader reach in healthcare
delivery.
Segmental Insights
Type
Insights
Based
on the Type, Donor Management Module emerged as the dominant segment in
the Global Blood Management System Market in 2024. This is due to its
critical role in streamlining donor-related activities and improving the
efficiency of blood collection processes. This module plays a vital part in
maintaining accurate donor records, managing appointment scheduling, tracking
donation history, and ensuring compliance with eligibility criteria. The
increasing emphasis on optimizing donor engagement and retention has led
healthcare organizations and blood banks to invest in advanced donor management
solutions that offer real-time data access, seamless integration with
electronic health records (EHR), and enhanced communication tools. The demand
for this module has also grown as regulatory frameworks become stricter
regarding blood safety and traceability. The ability of donor management
systems to facilitate effective tracking and follow-up of donors supports
public health efforts and improves inventory planning for blood banks.
End
User Insights
Based on the End User, Hospitals emerged as the
dominant segment in the
Global Blood Management System Market in 2024. This dominance is due to
their central role in the demand, utilization, and management of blood and
blood-related products. Hospitals are at the forefront of performing surgeries,
trauma care, emergency procedures, transplants, and complex treatments that
require continuous and precise blood inventory management. As a result, they
rely heavily on integrated blood management systems to ensure timely
availability, reduce wastage, monitor transfusion safety, and comply with
stringent regulatory standards. These systems enable hospitals to automate
workflows related to blood requisition, cross-matching, and transfusion monitoring,
thus enhancing clinical outcomes and operational efficiency. The growing need
for minimizing human errors in transfusion practices and maintaining accurate
patient records has accelerated the adoption of advanced software solutions in
hospital settings.
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Regional Insights
North America emerged
as the dominant region in the Global Blood Management System Market in 2024. This is primarily driven by
its advanced healthcare infrastructure, early adoption of digital health
technologies, and strong regulatory frameworks supporting patient safety. The
United States and Canada have a high concentration of technologically advanced
hospitals and blood banks that prioritize the use of automated systems for
blood collection, processing, storage, and transfusion. The presence of key
market players in the region, along with substantial investments in healthcare
IT, has accelerated the adoption of blood management systems across both public
and private healthcare institutions. Government initiatives such as the U.S.
FDA’s guidelines on blood safety and the increasing emphasis on minimizing
transfusion-related complications have further propelled the demand for these
systems. Hospitals and healthcare providers are increasingly implementing
digital solutions that help streamline blood inventory tracking, reduce human
error, and ensure compliance with stringent quality and safety standards.
Asia-Pacific emerged as
the fastest growing region in the Global Blood Management System Market during
the forecast period. This is due to significant investments in healthcare
infrastructure and growing government initiatives aimed at improving blood
safety and availability. Emerging economies like India, China, and Indonesia
are increasingly focusing on digitalizing healthcare services, which includes
upgrading blood banks and hospital transfusion services with modern software
solutions. The rise in surgical procedures, cancer therapies, and
trauma-related cases is fueling the demand for efficient blood tracking and
donor management systems. These countries are experiencing a surge in public
awareness regarding voluntary blood donation and safe transfusion practices,
supported by national health campaigns. With a large patient pool and
increasing health expenditure, regional healthcare providers are actively
adopting automated systems that reduce human error, improve traceability, and
ensure optimal use of blood resources.
Recent Developments
- In January 2025, Terumo Blood and Cell Technologies
announced that Carter BloodCare became the first U.S. adopter of its Reveos
Automated Blood Processing System and Lumia Software Platform. Carter BloodCare,
a major Texas-based blood center, is now using Reveos to automate the
separation of whole blood into red cells, plasma, and platelets. Reveos,
already in use across 50+ countries, is the first U.S.-approved device to
process whole blood into three components in a single centrifugation step. The
system simplifies blood processing, improves efficiency, and enhances platelet
yield addressing national platelet shortages and advancing operational
capabilities in blood centers.
- In December 2024, BD (Becton, Dickinson and Company)
and Babson Diagnostics announced the expansion of their fingertip blood
collection and testing technology across U.S. health systems and provider
networks. The solution combines BD’s MiniDraw Capillary Blood Collection System
with Babson’s BetterWay technology, enabling lab test results from just six
drops of blood collected via fingerstick. Designed for use in urgent care,
physician offices, and ambulatory settings, the system allows trained
healthcare staff without phlebotomy experience to collect samples, offering a
less-invasive alternative to traditional blood draws.
- In October 2024, Terumo Blood and Cell
Technologies signed a 10-year agreement with Sanquin Blood Supply Foundation to
automate the Netherlands' blood processing operations using Terumo BCT’s Reveos
Automated Blood Processing System. The shift from the traditional buffy coat
method to advanced automation aims to increase production of key blood
components like platelets and plasma without requiring additional donations.
- In September 2024, Mexico launched the National Blood
System to improve blood donation efficiency and resource management across
federal and state levels. The initiative aims to enhance the functioning of
blood banks, transfusion services, and collection centers. According to Jorge
Trejo, Director General of the National Blood Transfusion Center (CNTS), the
system is designed to address challenges in blood distribution, especially in
regions where access is hindered by social determinants. While Mexico collected
1.6 million units of blood in 2023, there remains a need to improve the
distribution process to ensure timely delivery to remote areas. The National
Blood System is a key part of Mexico's broader strategy to enhance the quality
and accessibility of blood services, as outlined by the Ministry of Health
(SSA).
- In July 2024, Delta Development Team, Inc. became the
first company to introduce a complete prehospital blood management system. This
innovation aims to transform emergency blood management by ensuring
accountability during storage and transport, while enabling EMS providers to
save more lives. Delta Development offers a comprehensive, technology-driven
system that tracks and manages blood storage throughout the process. The system
includes Phase Change Material (PCM) preparation, high-tech storage devices with
real-time temperature monitoring, and intuitive software for remote management,
ensuring compliance and accountability.
Key Market Players
- Cerner
Corporation
- Haemonetics
Corporation
- Telvent
GIT S.A.
- Terumo
Corporation
- Fresenius
SE & Co. KGaA
- Grifols,
S.A.
- Baxter
International Inc.
- Stryker
Corporation
- Becton,
Dickinson and Company
- Biolife
Solutions, Inc.
|
By Type
|
By End User
|
By Region
|
- Donor Management Module
- Transfusion Service Module
- Inventory Management
- Donation Scheduling
- Screening & Testing
- Reporting & Analytics
- Integration & Interoperability
- Others
|
- Blood Banks
- Hospitals
- Ambulatory Care Centers
- Others
|
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
|
Report Scope:
In this report, the Global Blood
Management System Market has been segmented into the following categories, in
addition to the industry trends which have also been detailed below:
- Blood
Management System Market, By Type:
o
Donor
Management Module
o
Transfusion
Service Module
o
Inventory
Management
o
Donation
Scheduling
o
Screening
& Testing
o
Reporting
& Analytics
o
Integration
& Interoperability
o
Others
- Blood
Management System Market, By End User:
o
Blood
Banks
o
Hospitals
o
Ambulatory
Care Centers
o
Others
- Blood
Management System Market, By Region:
o
North
America
§
United
States
§
Canada
§
Mexico
o
Europe
§
France
§
United
Kingdom
§
Italy
§
Germany
§
Spain
o
Asia-Pacific
§
China
§
India
§
Japan
§
Australia
§
South
Korea
o
South
America
§
Brazil
§
Argentina
§
Colombia
o
Middle
East & Africa
§
South
Africa
§
Saudi
Arabia
§
UAE
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Global Blood Management System
Market.
Available Customizations:
Global Blood Management System Market report with the given market data,
TechSci Research offers customizations according to a company's specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
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