The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

 As per The Business Research Company’s Patient Blood Management Global Market Report 2023, The global patient blood management market is expected to grow from $12.82 billion in 2022 to $13.83 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The patient blood management market is expected to grow from $17.42 billion in 2027 at a CAGR of 6.0%.

What was the major driver in the patient blood management market?
The increasing number of accidents, trauma cases, and surgical operations aided in the expansion of the worldwide patient blood management market. According to the WHO, 1.35 million people die each year as a result of road accidents, with low- and middle-income countries accounting for 93% of all fatalities worldwide. According to the Centres for Disease Control and Prevention, the caesarean birth rate in 2021 will be 32.1% of all births. Increased demand for blood has resulted from an increase in the number of accidents, trauma cases, and surgical procedures, and its products are driving the worldwide patient blood management market.

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What was the key trend in the patient blood management market?
HEMAsavR is a sterile medical device for blood capture and transfer that is increasingly being utilised in surgical procedures to collect and salvage blood and respond promptly to unexpected blood loss. Clinicians can collect sterile, anticoagulated blood at a low cost without the use of specialised equipment. This reduces the upfront expense of shed blood collection, and allogenic transfusions can be avoided, resulting in better results such as lower patient mortality, lower infection rates, and a lower likelihood of multi-organ failure.

Which was the largest region in the patient blood management market?
North America was the largest region in the patient blood management market in 2022. Western Europe was the second largest region in the global patient blood management market report. The regions covered in the global patient blood management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Who are the patient blood management market prominent players?
Major players in the patient blood management market are 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.

Key patient blood management market segments
1) By Product: Instruments, Accessories, Reagents And Kits, Softwares
2) By Component: Plasma, Whole Blood, Red Blood Cells
3) By Application: Hospital, Clinic, Other Applications

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The Patient Blood Management Global Market Report 2023  provides a comprehensive overview on the patient blood management market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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Blood Transfusion Diagnostics Global Market Report 2023
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