Showing posts with label Blood Processing Devices and Consumables Market. Show all posts
Showing posts with label Blood Processing Devices and Consumables Market. Show all posts

Monday, 2 May 2016

Increasing Proliferation of Next Generation Automated Blood Processing Devices to Propel Blood Processing and Consumables Market

The increasing incidence of infectious diseases and infections spreading via blood donation route is a key challenge for the blood industry. Spread of diseases such as hepatitis and acquired immunodeficiency syndrome (AIDS) through blood donation are amongst the primary concerns threatening blood supply globally. The global blood processing devices & consumables market is experiencing growth owing to the increasing initiatives taken by government and the rising count of surgical procedures.  The market is also supported by the favorable reimbursement policies introduced worldwide and the rising automation of devices in blood processing.

The traditionally-utilized manual methods for blood processing came with a number of challenges and made it difficult to maintain data regarding product and process control, regulatory requirements, recording and tracking, and staffing issues. Hence, automated devices such as whole blood collection devices and automated cell processors are currently holding the largest share in the market. The methods of manual blood processing and collection have been struggling to pace up in sales volume and demand. Automated blood collection and processing devices enhance the operational efficiency and save time due to which these devices are witnessing high demand. 

TMR, a market intelligence company throws light on the recently introduced automated blood processing devices. These next generation systems provide faster, better, and more advanced methods of blood processing. The key features of these systems are as follows:
  • Newly launched systems utilize centrifuge for the separation of whole blood into its components including plasma, red blood cells, and platelets and utilize touch screen graphical interface for the ease of operation.
  • These cutting-edge systems are able to reduce the total number of steps needed for the processing of whole blood. In addition, the number of standard operating procedures, the hands-on time needed, and the amount of equipment can also be reduced by deploying these systems.
  • These systems are able to define multiple platelet products with customized concentration, volume or yield for each of the platelet 
  • They are high quality and consistent components owing to their enhanced process control unlike the traditional manual processing systems
  • They are capable of processing four units of whole blood within a single run
  • These systems automate the process of volume reduction of blood and present consistent coat concentration volumes
  • They also permit simultaneous processing on a number of cord blood units in a single centrifuge
  • These systems deliver precision hence, improving both product quality and product output 
Browse Research Release: 
However, despite experiencing an overall rise in demand, blood processing devices are not gaining traction in healthcare centers and clinics located within the underdeveloped economies. To overcome this challenge, a number of top manufacturers are looking forward to penetrate into these remote areas. Furthermore, the advancement in cell therapies may also benefit both manufacturers and consumers within the blood processing devices 

Monday, 20 January 2014

Blood Processing Devices and Consumables Market is Expected to Reach USD 49.16 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Blood Processing Devices and Consumables Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global blood processing devices and consumables market was valued at USD 27.27 billion in 2012 and is estimated to reach a market worth USD 49.16 billion in 2019 at a CAGR of 8.9% from 2013 to 2019.


The growth of the blood processing devices and consumables market is driven by factors such as increase in aging population, increasing cancer therapies, emergence of infectious diseases (HIV and Hepatitis) and significant rise in surgical procedures. In addition, strict government regulations across the world are also positively impacting market growth. Moreover, manufacturers are developing improved and automated products for collection, processing and storage of blood and blood components. According to WHO, it is estimated that global population over age 60 years would double from 11% (2000) to 22% (2050). People aged 60 and above are more prone to cancer risk and other surgical procedures. Hence, graying population and increasing demand of cell therapy will act as driving factors for the growth of this market.

Blood processing devices and consumables market is a rapidly developing field, and have been witnessing numerous technological advancements Growth of the market is influenced under the rising demand for pathogen-free blood. Blood being a vital component of the body, is routinely used in wide range of hospital procedures for transplantations, cancer therapies and other forms of surgeries. Therefore, safe blood supply is integral in surgical and other blood transfusion procedures. Manufacturers are developing automated products to reduce blood associated risks. Automaton of devices reduces human intervention, requires less number of professionals and also reduces the risk of pathogen development. Therefore, automated devices and consumables have been gaining lot of popularity in recent times. Automated cell processors and automated blood collection devices have become one of the standard procedures for blood procurement, thereby further giving a boost to this market. Other major technological advancements include blood bags with in-built filters, blood collection monitors, and tube sealers which are further supplementing the market growth.
  
Blood bags used in each step of blood collection, processing, storage and delivery account for the largest share in blood processing consumables segment. Coagulation reagents, which are used for detecting bleeding disorders and coagulation rate is the fastest growing segment of blood processing consumables market and is poised to grow at a CAGR of 13.3%.

North America accounts for the largest share of the blood processing devices and consumables market owing to the developed economies in this region. In North America, more than 27 million units of blood and blood components are transfused each year. Therefore, to meet this huge blood requirement, the market is characterized by government support, increased public awareness and presence of technologically advanced equipments. Despite the developed countries holding a major share, Asia-Pacific region is poised to show a significant growth in the coming years. Expanding population bases in countries such as India and China, coupled with increasing epidemic of diseases such as dengue and chikunguniya will boost the market demand and successive growth. Additionally, the government in these nations is focused towards improving healthcare infrastructure, thus, in turn, further propelling the growth of this market.

Blood processing devices and consumable market is witnessing intense competition among the players which are willing to offer complete reliable and cost-effective products. Some of the significant key players in this market include Terumo BCT, Fresenius Kabi, Haemonetics Corporation, Immucor, Inc., Abbott Diagnostics and others. Manufacturers are entering into strategic alliances with other players for the development and commercialization of new and innovative products, for maintaining the competitive edge.

The Blood processing devices and consumables products market is segmented as follows:
·         Blood Processing Devices and Consumables Market, by Product Type
o   Blood Processing Devices
§  Blood Bank Refrigerators
§  Blood Bank Freezers
§  Blood Warmers
§  Blood Grouping Analyzers
§  Hematocrit Centrifuges
§  Blood Cell processors
o   Blood Processing Consumables
§  Blood Administration Sets
§  Blood Bags
§  Vials
§  Slide Stainer
§  Sedimentation Tubes
§  Blood Lancets
§  Blood Filters
§  Test Tube Racks
§  Microscopic Slides
§  Blood Grouping Reagents
§  Coagulation Reagents
§  Blood Collection Needles
§  Hematology Reagents
§  Blood Collection Tubes
·         Blood Processing Devices and Consumables Market, by Geography
o   North America
o   Europe
o   Asia-Pacific
o   RoW

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Browse the full report with TOC at 

Tuesday, 14 January 2014

Blood Processing Devices and Consumables Market is Expected to Reach USD 49.16 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Blood Processing Devices and Consumables Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global blood processing devices and consumables market was valued at USD 27.27 billion in 2012 and is estimated to reach a market worth USD 49.16 billion in 2019 at a CAGR of 8.9% from 2013 to 2019.

Browse the full report at http://www.transparencymarketresearch.com/blood-processing-market.html

The growth of the blood processing devices and consumables market is driven by factors such as increase in aging population, increasing cancer therapies, emergence of infectious diseases (HIV and Hepatitis) and significant rise in surgical procedures. In addition, strict government regulations across the world are also positively impacting market growth. Moreover, manufacturers are developing improved and automated products for collection, processing and storage of blood and blood components. According to WHO, it is estimated that global population over age 60 years would double from 11% (2000) to 22% (2050). People aged 60 and above are more prone to cancer risk and other surgical procedures. Hence, graying population and increasing demand of cell therapy will act as driving factors for the growth of this market.

Blood processing devices and consumables market is a rapidly developing field, and have been witnessing numerous technological advancements Growth of the market is influenced under the rising demand for pathogen-free blood. Blood being a vital component of the body, is routinely used in wide range of hospital procedures for transplantations, cancer therapies and other forms of surgeries. Therefore, safe blood supply is integral in surgical and other blood transfusion procedures. Manufacturers are developing automated products to reduce blood associated risks. Automaton of devices reduces human intervention, requires less number of professionals and also reduces the risk of pathogen development. Therefore, automated devices and consumables have been gaining lot of popularity in recent times. Automated cell processors and automated blood collection devices have become one of the standard procedures for blood procurement, thereby further giving a boost to this market. Other major technological advancements include blood bags with in-built filters, blood collection monitors, and tube sealers which are further supplementing the market growth.

Blood bags used in each step of blood collection, processing, storage and delivery account for the largest share in blood processing consumables segment. Coagulation reagents, which are used for detecting bleeding disorders and coagulation rate is the fastest growing segment of blood processing consumables market and is poised to grow at a CAGR of 13.3%.

North America accounts for the largest share of the blood processing devices and consumables market owing to the developed economies in this region. In North America, more than 27 million units of blood and blood components are transfused each year. Therefore, to meet this huge blood requirement, the market is characterized by government support, increased public awareness and presence of technologically advanced equipments. Despite the developed countries holding a major share, Asia-Pacific region is poised to show a significant growth in the coming years. Expanding population bases in countries such as India and China, coupled with increasing epidemic of diseases such as dengue and chikunguniya will boost the market demand and successive growth. Additionally, the government in these nations is focused towards improving healthcare infrastructure, thus, in turn, further propelling the growth of this market.

Blood processing devices and consumable market is witnessing intense competition among the players which are willing to offer complete reliable and cost-effective products. Some of the significant key players in this market include Terumo BCT, Fresenius Kabi, Haemonetics Corporation, Immucor, Inc., Abbott Diagnostics and others. Manufacturers are entering into strategic alliances with other players for the development and commercialization of new and innovative products, for maintaining the competitive edge.

The Blood processing devices and consumables products market is segmented as follows:
·         Blood Processing Devices and Consumables Market, by Product Type
o   Blood Processing Devices
§  Blood Bank Refrigerators
§  Blood Bank Freezers
§  Blood Warmers
§  Blood Grouping Analyzers
§  Hematocrit Centrifuges
§  Blood Cell processors
o   Blood Processing Consumables
§  Blood Administration Sets
§  Blood Bags
§  Vials
§  Slide Stainer
§  Sedimentation Tubes
§  Blood Lancets
§  Blood Filters
§  Test Tube Racks
§  Microscopic Slides
§  Blood Grouping Reagents
§  Coagulation Reagents
§  Blood Collection Needles
§  Hematology Reagents
§  Blood Collection Tubes
·         Blood Processing Devices and Consumables Market, by Geography
o   North America
o   Europe
o   Asia-Pacific
o   RoW

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453