2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Factors Are Propelling the Market Growth of thePatient Blood Management Market from 2025 to 2034?

The global patient blood management market is growing due to an increase in accidents, trauma cases, and surgical procedures. Road traffic accidents and surgical procedures often require blood transfusions, contributing to higher demand for blood management solutions. According to the UK Department for Transport, there were 1,711 fatalities from road collisions in 2022, further emphasizing the need for blood and blood products, which drives the growth of the patient blood management market.

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#How Does the ProjectedPatient Blood Management Market Growth Compare Over the Forecast Period?

The patient blood management market size has grown strongly in recent years. It will grow from $14.86 billion in 2024 to $15.94 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth is attributed to the rising prevalence of chronic diseases, an increasing number of surgical procedures, government initiatives, the growing demand for bloodless surgery, the rising availability of blood substitutes, and increasing demand for quality healthcare.

The patient blood management market is expected to see robust growth, reaching $20.92 billion by 2029 with a CAGR of 7.0%. The growth is driven by an aging population, the increasing demand for blood, demographic shifts, greater emphasis on personalized medicine, demand for safe and effective blood transfusions, and rising healthcare spending. Major trends include a focus on patient-centered care, data-driven decision-making, hemoglobin optimization, collaborative care models, and expanded use of autologous blood.

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Which Upcoming Market Trends and Innovations Are Set to Influence thePatient Blood Management Market’s Path Forward?

HEMAsavR is a sterile medical device used for capturing and transferring blood, increasingly utilized in surgical procedures to collect and salvage blood in response to unexpected blood loss. Clinicians can now economically collect sterile, anticoagulated blood without specialized resources. This reduces the upfront cost of blood collection and eliminates the need for allogenic transfusions, resulting in better outcomes, including decreased patient mortality, lower infection rates, and reduced risk of multi-organ failure.

Which Key Market Players Are Shaping the Future and Growth of thePatient Blood Management Market?

Major companies operating in the patient blood management market include Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo Corporation, Immucor Inc., B. Braun Melsungen AG, Macopharma, bioMérieux SA, Asahi Kasei Corporation, KANEKA CORPORATION, Bio-Rad Laboratories Inc, Abbott Laboratories, Grifols, Roche, LIVANOVA PLC, Danaher, Mediware information systems, Kawasumi Laboratories, Haier Biomedical, Diatron MI Zrt., BAG Diagnostics GmbH, Hitachi Ltd., Ortho Clinical Diagnostics, Beckman Coulter Inc., Siemens Healthineers, Thermo Fisher Scientific Inc., Sysmex Corporation, Nihon Kohden Corporation, Radiometer Medical ApS, Instrumentation Laboratory, F. Hoffmann-La Roche Ltd, Grifols Diagnostic Solutions Inc., HemoCue AB

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What Are the Core Segments of the Patient Blood Management Market, and How Do They Contribute to Growth?

The patient blood management market covered in this report is segmented –

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

2) By Component: Plasma, Whole Blood, Red Blood Cells

3) By Application: Hospital, Clinic, Other Applications

Subsegments:

1) By Instruments: Blood Collection Devices, Blood Processing Devices, Blood Transfusion Devices

2) By Accessories: Blood Bags, Transfer Sets, Filters

3) By Reagents And Kits: Blood Typing Reagents, Coagulation Test Kits, Hemoglobin Test Kits

4) By Software: Blood Management Information Systems, Data Management Software, Inventory Management Software

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What Regions Are Dominating the Patient Blood Management Market Growth?

The countries covered in the patient blood management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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