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Blood Banking Devices Market Industry Analysis and Forecast 2029

Data Bridge Market Research analyses that the Blood Banking Devices Market was valued at USD 36,329.8 million in 2021 and is expected to reach USD 69672.3 million by 2029, registering a CAGR of 8.48 % during the forecast period of 2022 to 2029.
Industry Analysis
The global blood banking devices market is estimated to increase rapidly over the forecast period of 2022-2029. Blood transfusion, a procedure used to treat a variety of medical disorders, replenishes lost blood components and improves the patient's health. However, a lack of timely access to safe blood transfusions will raise demand for blood banks to provide efficient, safe, and real-time blood unit availability. Therefore, this will led to the introduction of blood banking devices in the market.
A blood bank is a place where blood or plasma is stored for transfusion. The four main activities of blood banks are collecting blood, processing blood, testing blood samples to verify they are non-infectious and fit for transfusion, storing blood samples for future use, and transferring blood samples to end-users. Blood banking is the process of collecting, gathering, processing, and storing blood. Devices for collecting and storing blood and blood components are known as blood banking devices. These devices are used in the blood processing industry to ensure that blood transfers are safe.
Global Blood Banking Devices Market Scope
The blood banking devices market is segmented on the basis of product, end- users and mode of collection. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
• Blood Collection Devices
• Blood Processing Devices
• Blood Storage Devices
Mode of Collection
• Manual Blood Collection
• Automated Blood Collection
End- Users
• Hospital
• Academic Institutes
• Independent Diagnostics Centers/Clinics
• Blood Banks
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Blood Banking Devices Market Regional Analysis/Insights
The Blood banking devices market is analysed and market size insights and trends are provided by country, product, end- users and mode of collection as referenced above.
The countries covered in the Blood Banking Devices Market report are
• U.S.,
• Canada and Mexico in North America,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Belgium,
• Russia,
• Italy,
• Spain,
• Turkey,
• Rest of Europe in Europe,
• China,
• Japan,
• India,
• South Korea,
• Singapore,
• Malaysia,
• Australia,
• Thailand,
• Indonesia,
• Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia,
• U.A.E,
• Israel,
• Egypt,
• South Africa,
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
• Brazil,
• Argentina
• Rest of South America as part of South America.
Competitive Landscape and Blood Banking Devices Market Share Analysis
The Blood banking devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to blood banking devices market.
Some of the major players operating in the blood banking devices market are
• Abbott (US),
• F. Hoffmann-La Roche Ltd. (Switzerland),
• Beckman Coulter, Inc. (U.S.),
• Thermo Fisher Scientific, Inc. (U.S.),
• BD (U.S.),
• Bio-Rad Laboratories, Inc. (U.S.),
• Hindustan Syringes & Medical Devices Ltd. (India),
• Polymedicure (India),
• Siemens Healthcare GmbH (Germany),
• Terumo Corporation (U.S.),
• REMI GROUP (India),
• Fresenius Kabi AG (Germany),
• China Biologic Products Holdings, Inc. (China),
• Cardinal Health (US),
• Sysmex Corporation (US),
• Nova Biomedical (UK),
• Ortho Clinical Diagnostics (US),
• Randox Laboratories Ltd., (UK),
• Among others.
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 Chapter One: Introduction
 Chapter Two: Market Segmentation
 Chapter Three: Market Overview
 Chapter Four: Executive Summary
 Chapter Five: Premium Insights
 Chapter Six: Global Blood Banking Devices Market by Product & Procedure type
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