The Blood Processing Devices And Consumables Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Blood Processing Devices And Consumables Market?
The global market for blood processing devices and consumables has seen robust growth in recent years. The market size is projected to expand from $47.8 billion in 2024 to $51.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blood Processing Devices And Consumables Industry?
The Blood Processing Devices And Consumables Global Market is forecasted to reach a size of $75.15 billion in 2029, expanding at a compound annual growth rate (CAGR) of 9.8%.
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What are the Key Growth Drivers Fueling the Blood Processing Devices And Consumables Market?
The key drivers in the blood processing devices and consumables market are:
• Rising demand in emerging economies
• Increasing geriatric population which requires more medical care
• Higher focus on autologous blood transfusions
• Increasing demand for apheresis procedures.
Global Market Segmentation: Identifying Major Blood Processing Devices And Consumables Industry Segments
The blood processing devices and consumables market covered in this report is segmented –
1) By Product Type: Devices, Consumables
2) By Devices: Blood Bank Freezers, Blood Grouping Analyzers, Blood Warmer, Blood Cell Processers, Other Devices
3) By Consumables: Blood Bags, Blood Lancets, Vials, Blood Administration Sets, Other Consumables
4) By End User: Hospitals, Diagnostic Centers, Clinics, Academic Institutes, Blood Banks
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What are the Emerging Trends Shaping the Future of the Blood Processing Devices And Consumables Market?
The key trends in the blood processing devices and consumables market are:
• Technological integration for data management is emerging as a key trend.
• Innovations in blood processing technology are shaping the future of the market.
• The sector is seeing a rise in the integration of automation and robotics.
• Advances in apheresis technology are being identified as a major trend.
Who Are the Top Competitors & Leading Players in the Blood Processing Devices And Consumables Market?
The major players in the blood processing devices and consumables market are:
• Thermogenesis Holdings Inc
Regional Dominance: Which Area Leads the Global Blood Processing Devices And Consumables Market?
North America was the largest region in the blood processing devices and consumables market in 2024
