Blood Transfusion Devices Market is estimated to be valued at USD 5.43 Bn in 2025 and is expected to reach USD 8.00 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 5.43 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
5.70% |
2032 Value Projection: |
USD 8.00 Bn |
Blood transfusion is the process of adding blood into the body after a serious injury or illness. The process of blood transfusion is carried out by placing a venous access device and catheter into either a peripheral or central vein or passing the blood or blood component through an infusion pump or apheresis systems.
The blood transfusion process has wide applications in the treatment of various medical conditions such as blood disorders, autoimmune disorders, cancer, renal disorders, surgical procedures, and others.
Market Dynamics
The global blood transfusion devices market is expected to witness significant growth during the forecast period, owing to increasing number of accidents. Accidents result in severe blood loss, which increases demand for blood transfusion. For instance, according to the World Health Organization (WHO) 2020, approximately 1.35 million people die each year due to road accidents, and between 20 and 50 million people suffer from non-fatal injuries, globally.
Key features of the study:
- This report provides in-depth analysis of the global blood transfusion devices market, market size (US$ Bn), and compound annual growth rate (CAGR (%)) for the forecast period: 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global blood transfusion devices market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include Fresenius Kabi AG, Grifols, S.A., Tenko International Group Corp, Terumo Corporation, Kawasumi Laboratories, Inc., Haemonetics Corporation, Bioelectronica MILANO, RAYS S.P.A., Macopharma SA, B. Braun Melsungen AG, Baxter International Inc., Neomedic Limited, and 3M Company
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, government initiatives, technological upgradation, market expansion, and marketing tactics
- The global blood transfusion devices market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers in the blood transfusion devices market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Blood Transfusion Devices Market, By Product Type:
- Apheresis Systems
- Infusion Devices
- Blood Warmers
- Venous Access Devices
- Filters
- Others
- Global Blood Transfusion Devices Market, By End User:
- Hospital
- Ambulatory Surgical Centers
- Others
- Global Blood Transfusion Devices Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- Fresenius Kabi AG
- Grifols, S.A.
- Tenko International Group Corp
- Terumo Corporation
- Kawasumi Laboratories, Inc.
- Haemonetics Corporation
- Bioelectronica MILANO
- RAYS S.P.A.
- Macopharma SA
- B. Braun Melsungen AG
- Baxter International Inc.
- Neomedic Limited
- 3M Company