
Global Blood Preparation Market is expected to grow at a CAGR of 5% to reach US$ 65.3 billion in 2024. The growth is coupled with the factors including increasing aging population, advancement in the technology, and increasing patient awareness level. Increasing blood disorder prevalence and rising emergency surgeries in hospitals also expected to drive the market through the forecast period. Further, increased acceptance of advanced blood testing technologies has accelerated accurate diagnosis of haematological disorders. Other factors including growing demand for blood and its component due to the increase in target diseases, accidents, and surgeries is expected to drive the market for blood preparation market through the forecast period.
In addition, growing emergency cases in the emergency departments coupled with rising demand for blood transfusion is expected to fuel the Global Blood Preparation Market growth. Organizations such as the National Institutes of Health (NIH) and the Centre for Disease Control (CDC) are taking initiatives for raising awareness levels via programs that aim to prevent thrombosis-associated complications in early stages and thus, drive the Global Blood Preparation Market for blood preparation through the forecast period.
North America dominated the market in 2017. The market growth is driven by a high incidence of blood cancer and increasing prevalence of cardiovascular, haematological, and neurological diseases in U.S. and Canada. In addition, increasing patient awareness levels coupled with relatively higher healthcare expenditure levels and sophisticated healthcare infrastructure also expected to drive the Global Blood Preparation Market through 2024. U.S. is expected to lead the market owing to increasing thrombocytosis disorder incidence in the country.
Asia-Pacific is expected to have higher growth rate in the forecast period owing to high number of blood-associated disorders, high unmet needs and various initiatives taken by governments od China and India. The growth of healthcare sector across Australia and Japan will also expected to drive the Global Blood Preparation Market. Other factors including presence of untapped opportunities, economic development, and rising initiatives by private and public organizations also expected to drive the market in Asia-Pacific region.
Whole blood product segment held the highest market in 2017. The market growth is driven by the factors including increasing demand for whole blood for major surgeries, accidents, and transfusions and associated advantages with whole blood, such as easy availability, low cost, and minimal maintenance.
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Market Segmentation
• By Product
o Whole Blood
Red Cells
Granulocytes
Plasma
Platelets
o Blood Components
Whole Blood Components
Packed Red Cells
Leukocyte Reduced Red Blood Cells
Frozen Plasma
Platelet Concentrate
o Blood Derivatives
• By Type
o Platelet Aggregation Inhibitors
Glycoprotein Inhibitors
COX Inhibitors
ADP Antagonists
Phosphodiesterase Inhibitors
o Fibrinolytics
Tissue Plasminogen Activator (tPA)
Streptokinase
Urokinase
o Anticoagulants
Heparins
• Unfractionated Heparin
• Low Molecular Weight Heparin (LMWH)
• Ultra-low Molecular Weight Heparin
Vitamin K Antagonists
Direct Thrombin Inhibitors
Direct Factor Xa Inhibitors
• By Application
o Thrombocytosis
o Pulmonary Embolism
o Renal Impairment
o Others
The above data will be provided for following regions/countries from 2013-2024 (USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
What information is covered in a report?
• Actual market numbers from 2013-2017, estimates and forecasts from 2018 to 2024
• Detailed market segmentation and market share analysis of each segment
• Impact analysis of various drivers and trends
• Market segmentation and landscape
• Competitive landscape, 2017
This Report Is Submitted By @Global Market Research Company
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