The research report provides an in-depth evaluation of the Global Patient Blood Management market drivers and restraints Market and helps the market participants intensify their footprints in the industry. The report gives a detailed analysis concentrated on the critical market dynamics such as drivers, restraints, trends, and growth opportunities to assist businesses to prepare for any challenges they might encounter in the forecast period.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global Patient Blood Management (PBM) market size is expected to reach USD 27.15 Billion in 2032 and register a steady revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing frequency of target diseases, such as anemia and iron deficiency, is a major factor driving market revenue growth. For instance, the important public health issue of anemia disproportionately affects young children and expectant mothers. According to World Health Organization (WHO) statistics, anemia affects 40% of pregnant women and 42% of children under the age of five globally. PBM mainly detects patients who need blood transfusions and offers a management strategy aiming at lowering or eliminating risk of anemia and requirement for allogeneic transfusion, hence lowering inherent hazards, inventory pressures, and rising costs related to transfusion, driving market revenue growth.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Patient Blood Management market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo Corporation, Immucor, Inc., B. Braun SE, Macopharma, BIOMÉRIEUX, Asahi Kasei Corporation, KANEKA CORPORATION, and Bio-Rad Laboratories, Inc
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Patient Blood Management market expected to boost the growth of the industry in the coming years.
Patient Blood Management Market Segmentation:
- Product Outlook (Revenue, USD Billion; 2019–2032)
- Blood Processing Devices
- Blood Cell Processors
- Blood Transfusion Devices
- Apheresis Machines
- Plasma & Plasma Component Separators
- Cell Salvage Systems
- Blood Culture Screening Devices
- Automated Blood Culture Systems
- Supporting Equipment
- Diagnostic & Testing Instruments
- Polymerase Chain Reaction (PCR) Instruments
- Hematology Analyzer
- Blood Grouping Analyzers
- Next-Generation Sequencing (NGS) Platforms
- Blood Storage Devices
- Syringes & Needles
- Vials & Tubes
- Blood Bags
- Reagents and Kits
- Blood Culture Media
- Blood Typing Reagents
- Slide Staining Reagents
- Assay Kits
- Blood Bank Management Software
- Transfusion Management Software
- Component Outlook (Revenue, USD Billion; 2019–2032)
- Whole Blood & Red Blood Cells
- End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Blood Banks
- Diagnostic Clinics & Pathology Labs
Key Questions Answered in the Report:
What is the growth rate of the Patient Blood Management market? What is the anticipated market valuation of Patient Blood Management industry by 2027?
What are the key growth driving and restraining factors of the Patient Blood Management market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Patient Blood Management industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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