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What fueled the previous growth in the blood transfusion devices market?

The blood transfusion devices market has grown steadily, expected to expand from $5.09 billion in 2024 to $5.45 billion in 2025, at a CAGR of 7.1%. Growth drivers in the past include the increasing need for blood transfusions due to chronic diseases, rising surgical procedures worldwide, greater awareness of blood donation, demand for advanced transfusion devices in emergency care, and the adoption of automated blood collection systems.

What will be the blood transfusion devices market size in the future?

The blood transfusion devices market is expected to grow steadily, reaching $7.09 billion by 2029, with a CAGR of 6.8%. Market expansion is driven by the rising aging population, enhanced blood safety through advanced screening, increased investments in next-generation transfusion devices, higher healthcare expenditure in emerging markets, and supportive government initiatives for safe transfusion practices. Key trends include AI and IoT integration, increased use of portable transfusion devices, preference for minimally invasive techniques, and expanded services in low-resource regions.

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What main drivers are fueling expansion in the blood transfusion devices market?

The rising number of accidents and trauma cases is expected to fuel the blood transfusion devices market, as urbanization, increased vehicle usage, and unsafe roads contribute to higher injury rates. Blood transfusion devices play a crucial role in emergency situations by providing life-saving blood products. According to the National Safety Council, motor vehicle fatalities in the U.S. reached 20,900 in the first half of 2024, nearly unchanged from 20,930 in the same period of 2023. With trauma cases increasing, demand for blood transfusion devices is set to rise, boosting market expansion.

What key areas define the segmentation of the global blood transfusion devices market?

The blood transfusion devicesmarket covered in this report is segmented –

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

Subsegments:

1) By Pathogen Reduction System: Plasma Pathogen Reduction Devices, Platelet Pathogen Reduction Devices

2) By Apheresis Devices: Plasma Apheresis Devices, Platelet Apheresis Devices, Red Blood Cell Apheresis Devices

3) By Blood Component Separator: Automated Blood Component Separators, Manual Blood Component Separators

4) By Blood Bag and Accessory: Single Blood Bags, Double Blood Bags, Triple Blood Bags, Quadruple Blood Bags, Blood Bag Tubing and Clamps

5) By Venous Access Devices: Peripheral Venous Catheters, Central Venous Catheters, Peripherally Inserted Central Catheters (PICCs), Implantable Ports

6) By Other Product Types: Blood Warmers, Blood Mixers, Blood Transfusion Sets and Filters, Blood Storage And Refrigeration Systems

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Who are the dominant players expanding their reach in the blood transfusion devices market?

Major companies operating in the blood transfusion devices market are Fresenius Kabi AG, Becton Dickinson and Company, Baxter International Inc., Medline Industries LP, Grifols SA, Terumo Corporation, Bio-Rad Laboratories Inc, LivaNova PLC, Haemonetics Corporation, Sarstedt AG & Co KG, STRATEC Biomedical AG, Cerus Corporation, Charter Medical Ltd, Kawasumi Laboratories Inc., Macopharma SA, GenesisBPS Inc., Mediware Information Systems Inc., EryPharm, Glycorex Transplantation AB, Werfen S.A.

How are evolving market trends shaping blood transfusion devices Strategies?

Many top-tier companies that function in the blood transfusion devices industry are moving towards the creation of superior blood categorization and examination solutions as a means of gaining a strategic upper hand. These solutions include biomedical devices and reagents for identifying an individual’s blood group and ensuring appropriate pairings for transfusions. For example, Innobiochips, a biopharmaceutical company based in France, introduced a novel blood transfusion device called Omnys in June 2024. Tailored specifically for transfusion purposes, Omnys boosts laboratory efficiency and precision via multiplex analysis, facilitating high-definition examination of blood elements, including regular ABO/D typing and extended phenotyping. This device incorporates multiple technologies to refine the blood examination process, considerably decreasing the quantity of necessary test wells and reducing waste.

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Which regions are emerging as leaders in the blood transfusion devices market?

North America was the largest region in the blood transfusion devices market in 2024. The regions covered in the blood transfusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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