Global Blood Transfusion Devices Market
Medical Equipment

Insights Into The Blood Transfusion Devices Market’s Growth Potential 2024-2033

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What Growth Rate is Forecasted for the Blood Transfusion Devices Market over the 2024-2033 Period?

The body scanner market size has grown rapidly in recent years. It will grow from $2.22 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased airport traffic, rising security concerns, increased funding for security infrastructure, rising usage of body scanners to avoid strip searches and invasive pat-downs, government safety regulations.

The blood transfusion devices market is anticipated to expand, achieving $6.65 billion by 2028 with a CAGR of 6.9%. Growth is driven by aging population needs, safety improvements, and healthcare expenditure increases. Trends include IoT-enabled devices, AI integration, and portable transfusion technologies.

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Which Factors Are Stimulating Growth in the blood transfusion devices Market?

The rising number of accidents and trauma cases is expected to boost the blood transfusion devices market. Accidents and trauma are on the rise due to urbanization, increased vehicle usage, and unsafe road conditions. Blood transfusion devices are critical for administering life-saving blood products in emergencies. In July 2024, the National Safety Council reported 20,900 motor vehicle fatalities in the first half of 2024. This increase in accidents and trauma cases is driving the growth of the blood transfusion devices market.

What Are the Main Segments of the Blood Transfusion Devices Market?

1) By Product Type: Pathogen Reduction System, Apheresis Devices, Blood Component Separator, Blood Bag And Accessory, Venous Access Devices, Other Product Types

2) By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics And Gynecological Surgeries, Other Applications

3) By End User: Hospital, Ambulatory Surgical Centers, Blood Bank, Other End Users

What Innovative Trends Are Redefining the 80 Landscape?

Companies in the blood transfusion devices market are advancing blood grouping and testing solutions to improve transfusion safety and accuracy. These solutions are used to determine blood type and compatibility. In June 2024, France’s Innobiochips launched Omnys, an innovative device for blood transfusion that improves laboratory productivity and accuracy through multiplex analysis. It allows high-resolution testing of blood components, reduces the number of wells needed for testing, and minimizes waste, enhancing the overall transfusion process.

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Which Regions Are Key Players in the Growth of the Blood Transfusion Devices Market?

North America was the largest region in the blood transfusion devices market in 2023. The regions covered in the blood transfusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Blood Transfusion Devices Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the blood transfusion devices market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Blood Transfusion Devices Market Include

1. Blood Transfusion Devices Market Executive Summary

2. Blood Transfusion Devices Market Segments

3. Blood Transfusion Devices Market Size And Template Market Growth Rate

4. Key Blood Transfusion Devices Market Trends

5. Major Blood Transfusion Devices Market Drivers

……

25. Key Mergers And Acquisitions In The Blood Transfusion Devices Market

26. Top Blood Transfusion Devices Companies

27. Blood Transfusion Devices Market Opportunities And Strategies

28. Blood Transfusion Devices Market, Conclusions And Recommendations

29. Appendix

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