Global Patient Blood Management Market
Medical Equipment

Global Patient Blood Management Market Outlook, Opportunities And Strategies

Learn about the global patient blood management market through The Business Research Company, which provides information on patient blood management market size, patient blood management market drivers and restraints, patient blood management market players, the COVID-19 impact on the patient blood management market, and more.

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The global patient blood management market is expected to grow from $9.97 billion in 2020 to $10.87 billion in 2021 at a compound annual growth rate (CAGR) of 9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The patient blood management market is expected to reach $14.63 billion in 2025 at a CAGR of 8%.

The rising number of accidents, trauma cases, and surgical procedures are expected to drive innovation in patient blood management, thus driving the market during the forecast period.

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The market for patient blood management consists of sales of instruments, accessories, software, reagents and kits used in the management of blood and blood products of patients. Patient blood management is a patient-focused, evidence-based and systematic approach to optimize care of patients, who might need a blood transfusion, by optimizing patients’ own blood, minimizing surgical blood loss and harnessing the patient-specific physiological reserve of anaemia thereby reducing the need of allogenic blood transfusions. The market consists of revenue generated by the companies manufacturing the patient blood management requirements by the sales of these products.

Global patient blood management market segments include:

By Product: Instruments, Accessories, Reagents And Kits, Software

By Component: Plasma, Whole Blood, Red Blood Cells

By Application: Hospital, Clinic, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

HEMAsavR is a sterile medical device to capture and transfer blood, which is increasingly being used to collect and salvage blood in surgical procedures and respond quickly to unanticipated blood loss. Clinicians can economically collect sterile, anticoagulated blood without any need for specialized resources. By this, the upfront shed blood collection cost decreases, allogenic transfusions can be avoided with improved outcomes such as decreased patient mortality, low incidence of infections and reduced risk of multi-organ failure.

TBRC’s patient blood management market report covers:

Major Market Players: Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo Corporation, Immucor Inc., B. Braun Melsungen AG, Macopharma, bioMérieux SA, Asahi Kasei Corporation, Kaneka Corporation, and Bio-Rad Laboratories Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Patient Blood Management Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides patient blood management market overviews, analyzes and forecasts market size, share, patient blood management market players, patient blood management market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s patient blood management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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