Blood Processing Disposables Market by Product, End-Use

Description

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[190 Pages Report] The Blood Processing Disposables Market size was estimated at USD 11.46 billion in 2023 and expected to reach USD 12.69 billion in 2024, at a CAGR 10.75% to reach USD 23.43 billion by 2030.

Blood processing disposables are medical supplies designed to collect, prepare, store, and transfusion blood and its components. These items are single-use to prevent cross-contamination and ensure safety and integrity of blood supply. This category includes blood collection bags, filters, tubes, needles, lancets, and equipment for separating blood into components such as plasma, platelets, and red blood cells. Blood processing disposables play a crucial role in transfusion medicine, enabling efficient and hygienic handling of blood from donor to recipient, thus safeguarding public health and minimizing the risk of transmitting infections. The global market for blood processing disposables is experiencing robust growth propelled by the increasing prevalence of infectious diseases and the widening demand for blood components for transfusion and supportive therapies in treatments, particularly in oncology. Expanding healthcare infrastructure across emerging economies and improved healthcare policies promoting blood transfusion safety further augment market growth. However, the risk of contamination and transmission of diseases through transfusion is an ongoing concern restraining the adoption of blood-processing disposables. The ongoing research and development aimed at reducing contamination risk and improving the shelf life of blood components offer significant opportunities to expand the blood processing disposables market.

KEY MARKET STATISTICS
Base Year [2023]	USD 11.46 billion
Estimated Year [2024]	USD 12.69 billion
Forecast Year [2030]	USD 23.43 billion
CAGR (%)	10.75%

Product: Rising use of blood collection tubes owing to their critical role in diagnostics and patient care

Blood administration sets are vital for the safe and effective delivery of blood and blood products to patients. They include tubing, filters, and needles specifically designed to ensure the sterility and integrity of blood during a transfusion. These sets are crucial in various medical settings, including hospitals and emergency care units. Blood bags are critical in collecting, storing, and transporting blood and its components. They are designed to be sterile and durable, capable of preserving the quality of blood for transfusions. The market offers a variety of blood bags to accommodate different volumes and components of blood. Blood collection needles are essential for the safe and efficient drawing of blood. These needles are designed to minimize discomfort and ensure the integrity of the blood sample. They vary in size and design, catering to different patient needs and collection techniques. Blood collection tubes are used to collect, transport, and process blood samples for laboratory analysis. These tubes often contain additives or anticoagulants specific to the type of test to be performed, ensuring reliability and accuracy of the test results. Blood filters are critical in removing impurities and preventing the transmission of infections during blood transfusion. They are designed to trap particulate matter, air bubbles, and potential pathogens, ensuring the safety and efficacy of blood transfusions. Blood lancets are small, sharp instruments used to make punctures in the skin to obtain small blood specimens, primarily for glucose level testing, hemoglobin testing, and other blood tests. They are designed for single use to prevent cross-contamination. Coagulation reagents are used in laboratory settings to test blood coagulation pathways. These reagents help diagnose clotting disorders such as hemophilia and thrombosis, contributing to effective patient management and therapy planning. Hematology reagents are crucial for analyzing blood for various conditions, including anemia, infection, and leukemia. These reagents are part of complete blood count tests, providing valuable information on blood cells' quantity, health, and function. Microscopic slides are used to examine blood samples under a microscope. They are essential tools in hematology, enabling the visual analysis of blood cells, which aids in diagnosing numerous blood disorders and infections. Sedimentation tubes are used in erythrocyte sedimentation rate (ESR) tests to measure how quickly red blood cells get settled at the bottom of the tube. This test helps diagnose inflammation-related conditions, including infections, cancers, and autoimmune diseases. Slide stainers automatically apply stains to microscopic slides, enhancing the visibility and contrast of blood cells under microscopic examination. This automation improves the efficiency and consistency of blood sample analysis. Test tube racks are essential in laboratories for holding and organizing test tubes during the analysis of blood samples. They provide stability and ease of access, facilitating efficient laboratory workflows. Vials are small glass or plastic vessels utilized in blood collection for diagnostic testing, including serum, plasma, and whole blood analyses. They are instrumental in storing small volumes of blood under controlled conditions.

End-Use: Growing need for blood processing disposables in hospitals

Within academic institutes, blood processing disposables are primarily used for educational and research purposes. They facilitate the teaching of proper blood handling and processing techniques to students. Moreover, these disposables are instrumental in research studies involving blood sample analysis, requiring sterile and disposable equipment to ensure accurate results and prevent cross-contamination among samples. Blood banks are one of the significant users of blood processing disposables. These institutions rely on disposables to collect, store, and transfusion blood products. This includes using collection bags, tubes, needles, and filters. Blood processing disposables in blood banks ensure the safety and integrity of blood products, from donation to transfusion, and are critical in preventing the transmission of infectious diseases. In clinics, blood processing disposables are used for various diagnostics and therapeutic purposes, including drawing blood for tests, administering medications or nutrients directly into the bloodstream, and supporting simple transfusions. The disposables help maintain sterility and efficiency during these processes, ensuring patient safety and minimizing the risk of infection. Diagnostic centers utilize blood processing disposables extensively to collect and analyze blood samples. These disposables, including blood collection tubes, lancets, and pipettes, are vital for ensuring that the blood samples are collected safely, hygienically, and efficiently. They are also essential in preventing sample contamination, which could lead to inaccurate diagnostic results. Hospitals are the most extensive users of blood processing disposables, given their wide range of uses in this setting. These disposables are required across various departments for transfusions, surgeries, diagnostic tests, and blood treatment procedures. Hospitals depend on these disposables' functionality in medical procedures and their role in infection control and prevention strategies, ensuring patient safety and care quality.

Regional Insights

The blood processing disposables market in the Americas has shown robust growth due to the advanced healthcare infrastructure and stringent regulations related to blood safety. The blood processing disposables market in the United States and Canada is driven by robust healthcare infrastructure, high blood donation rates, and stringent regulatory standards ensuring the safety and efficacy of blood transfusions. The U.S. showcases technological innovations, with ongoing investments in research and development leading to the issuance of new patents in blood processing. Consumers in the American region demand high-quality, safe, and reliable blood processing disposables, influencing purchasing behavior toward premium, FDA-approved products. The Asia-Pacific region is experiencing growth in the blood processing disposables market, attributed to the expanding healthcare infrastructure, increasing population, and rising prevalence of chronic diseases requiring surgical interventions and blood transfusions. Countries including China and India are experiencing growth due to increasing healthcare expenditures, growing awareness about blood donation, and improving healthcare infrastructure. The European Union (EU) countries exhibit a high demand for blood processing disposables underpinned by well-established healthcare systems, high standards for patient care, and rigorous regulatory frameworks ensuring the quality of blood transfusion supplies. The Middle East and African region are emerging markets for blood processing disposables with significant growth potential, propelled by increasing investments in healthcare infrastructure and a rising emphasis on regulatory reforms to ensure health and safety standards. A combination of technology adoption rates, regulatory compliance, and the evolving healthcare requirements of the population influences the market dynamics in EMEA.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Blood Processing Disposables Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Blood Processing Disposables Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Blood Processing Disposables Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Abbott Laboratories, Advin Health Care, Beckman Coulter, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., BIO-X, Cardinal Health, Inc., Fresenius Kabi AG, GE HealthCare Technologies Inc., Grifols, S.A., Haemonetics Corporation, Kawasumi Laboratories, Inc., Labtech Disposables, Maco Pharma SAS, Medtronic plc, Merck KGaA, Narang Medical Limited, Qiagen N.V., SARSTEDT AG & Co., Siemens Healthineers AG, TERUMO BCT, INC., Terumo Corporation, and Thermo Fisher Scientific Inc..

Market Segmentation & Coverage

This research report categorizes the Blood Processing Disposables Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Blood Administration Sets
- Blood Bags
- Blood Collection Needles
- Blood Collection Tubes
- Blood Filters
- Blood Lancets
- Coagulation Reagents
- Hematology Reagents
- Microscopic Slides
- Sedimentation Tubes
- Slide Stainers
- Test Tube Racks
- Vials

End-Use
- Academic Institutes
- Blood Banks
- Clinics
- Diagnostic Centers
- Hospitals

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Blood Processing Disposables Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Blood Processing Disposables Market?

3. What are the technology trends and regulatory frameworks in the Blood Processing Disposables Market?

4. What is the market share of the leading vendors in the Blood Processing Disposables Market?

5. Which modes and strategic moves are suitable for entering the Blood Processing Disposables Market?

Product Code: MRR-F97DD5A7E121

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising prevalence of infectious diseases and the rising need for blood collection
  - 5.1.1.2. Increasing voluntary blood donation campaigns
  - 5.1.1.3. Growing upgradations in healthcare policies promoting blood transfusion safety
- 5.1.2. Restraints
  - 5.1.2.1. Risk of contamination and transmission of diseases through transfusion
- 5.1.3. Opportunities
  - 5.1.3.1. Investments in R&D to produce high-tech disposables
  - 5.1.3.2. Development of eco-friendly disposables with adoption of greener manufacturing processes
- 5.1.4. Challenges
  - 5.1.4.1. Issues of product recalls for disposable blood processing products
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising use of blood collection tubes owing to their critical role in diagnostics and patient care
- 5.2.2. End-Use: Growing need for blood processing disposables in hospitals
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Blood Processing Disposables Market, by Product

6.1. Introduction
6.2. Blood Administration Sets
6.3. Blood Bags
6.4. Blood Collection Needles
6.5. Blood Collection Tubes
6.6. Blood Filters
6.7. Blood Lancets
6.8. Coagulation Reagents
6.9. Hematology Reagents
6.10. Microscopic Slides
6.11. Sedimentation Tubes
6.12. Slide Stainers
6.13. Test Tube Racks
6.14. Vials

7. Blood Processing Disposables Market, by End-Use

7.1. Introduction
7.2. Academic Institutes
7.3. Blood Banks
7.4. Clinics
7.5. Diagnostic Centers
7.6. Hospitals

8. Americas Blood Processing Disposables Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Blood Processing Disposables Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Blood Processing Disposables Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Cml Biotech Installed an Integrated Blood Collection Tube Manufacturing Machine
- 11.3.2. DBT Institute Develops Novel Bags To Increase Shelf Life Of Blood
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio