Medical Equipment

Global Patient Blood Management Market Anticipated To Grow To $22.98 Billion By 2030 At 9.6% CAGR

May 15, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports feature advanced enhancements such as market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights, delivering more actionable and strategically valuable research.

What Are The Forecasted Market Size Figures For The Patient Blood Management Market In 2026 And 2030?

The patient blood management market has seen slight expansion in recent years. It is anticipated to expand from $15.94 billion in 2025 to $15.95 billion in 2026, achieving a compound annual growth rate (CAGR) of 0.1%. The historical expansion can be attributed to several factors, including an increase in surgical procedures, shortages in blood supply, enhanced awareness of transfusion-related complications, the imperative for hospitals to contain costs, and the standardization of clinical guidelines.

The patient blood management market is projected to experience substantial expansion in the coming years. Its valuation is set to climb to $22.98 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.6%. This growth during the forecast period can be attributed to factors such as an aging global population, the increase in elective surgeries, stricter regulations concerning transfusions, the broader adoption of value-based healthcare, and the expansion of PBM into emerging markets. Major trends anticipated within this forecast timeframe include the implementation of preoperative anemia screening protocols, advancements in point-of-care hemoglobin testing, widespread adoption of standardized transfusion guidelines, the establishment of multidisciplinary PBM programs in hospitals, and enhanced clinician education regarding PBM.

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Which Major Factors Are Contributing To The Development Of The Patient Blood Management Market?

The expanding volume of surgical procedures is anticipated to drive the future growth of the patient blood management market. These medical interventions involve the physical manipulation of tissues or organs, often requiring incisions and specialized instruments, to diagnose, treat, or prevent various health conditions. This increase is attributed to the rising incidence of chronic diseases, advancements in medical technology, refined surgical methods, and an aging global population. Patient blood management plays a crucial role in improving surgical outcomes by optimizing blood utilization, minimizing the need for transfusions, reducing complications, and enhancing overall results through effective preoperative assessment and anemia management. For instance, in August 2023, The Aesthetic Society, a US-based organization specializing in plastic surgery and cosmetic medicine, reported that Americans collectively spent over $11.8 billion on aesthetic procedures, an increase of 2% from 2022. Thus, the growing number of surgical procedures is propelling the development of the patient blood management production market.

Which Segment-Based Categories Are Covered In The Patient Blood Management Market?

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

Which Trends Are Expected To Shape The Patient Blood Management Market?

Leading companies in the patient blood management market are prioritizing innovative offerings, such as medical devices for blood transfusions, to boost their market revenues. These medical instruments for blood transfusions are specifically crafted to safely and effectively transfer blood or blood products from donors to recipients. For instance, in May 2024, Becton, Dickinson, and Company, a US-based medical technology company, launched UltraTouch, which was engineered to streamline the process of obtaining blood samples while minimizing patient discomfort. It employs advanced technology to enable quick and efficient venipuncture, ensuring high accuracy in sample collection. With a user-friendly interface and ergonomic features, it is well-suited for healthcare professionals in various settings, including hospitals, clinics, and laboratories. This device is particularly beneficial for patients who experience anxiety during blood draws, as its innovative design helps reduce pain and improve their overall experience. Furthermore, it incorporates safety mechanisms to lower the risk of needle-stick injuries, establishing it as a favored option in contemporary medical practice.

Who Are The Major Companies Operating In The Patient Blood Management Market?

Major companies operating 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, 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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Which Region Leads The Patient Blood Management Market By Size?

North America was the largest region in the patient blood management market in 2025. Western Europe was the second-largest region in the patient blood management market share. The regions covered in the patient blood management market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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