Patient Blood Management Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2023

The report on the Global Patient Blood Management Market presents the growth rate and market value projected to be reached by the market in the coming years. The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic.

The global Patient Blood Management market size is expected to reach USD 27.15 Billion in 2032 and register a steady revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing frequency of target diseases, such as anemia and iron deficiency, is a major factor driving market revenue growth. For instance, the important public health issue of anemia disproportionately affects young children and expectant mothers. According to World Health Organization (WHO) statistics, anemia affects 40% of pregnant women and 42% of children under the age of five globally. PBM mainly detects patients who need blood transfusions and offers a management strategy aiming at lowering or eliminating risk of anemia and requirement for allogeneic transfusion, hence lowering inherent hazards, inventory pressures, and rising costs related to transfusion, driving market revenue growth.

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Competitive Outlook:

This section of the report performs a thorough investigation into the intensely competitive landscape of the global Patient Blood Management market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:

Key Companies Profiled in the Report are

Haemonetics Corporation, Fresenius SE Co. KGaA, Terumo Corporation, Immucor, Inc., B. Braun SE, Macopharma, BIOMÉRIEUX, Asahi Kasei Corporation, KANEKA CORPORATION, and Bio-Rad Laboratories, Inc

Report Highlights:

Besides offering a vivid depiction of the global Patient Blood Management business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

Patient Blood Management Market Segmentation:

Product Outlook (Revenue, USD Billion; 2019–2032)
- Instruments
- Blood Processing Devices
  1. Centrifuge
  2. Blood Cell Processors
- Blood Transfusion Devices
  1. Apheresis Machines
  2. Plasma Plasma Component Separators
  3. Cell Salvage Systems
  4. Others
- Blood Culture Screening Devices
  1. Automated Blood Culture Systems
  2. Supporting Equipment
- Diagnostic Testing Instruments
  1. Polymerase Chain Reaction (PCR) Instruments
  2. Hematology Analyzer
  3. Blood Grouping Analyzers
  4. Next-Generation Sequencing (NGS) Platforms
- Blood Storage Devices
  1. Refrigerators
  2. Freezers
- Accessories
  1. Syringes Needles
  2. Vials Tubes
  3. Blood Bags
  4. Others
- Reagents and Kits
  1. Blood Culture Media
  2. Blood Typing Reagents
  3. Slide Staining Reagents
  4. Assay Kits
  5. Others
- Software
  1. Blood Bank Management Software
  2. Transfusion Management Software
  3. Others

Component Outlook (Revenue, USD Billion; 2019–2032)
- Whole Blood Red Blood Cells
- Plasma

End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Blood Banks
- Diagnostic Clinics Pathology Labs

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East Africa(GCC Countries and Rest of Middle East Africa)

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