The Blood Transfusion Devices 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 Transfusion Devices Market?
The historical growth trend of the Blood Transfusion Devices Global Market Report 2025 shows that the market has seen a robust growth in the past. The market is projected to rise from $5.09 billion in 2024 to $5.45 billion in 2025, with a 7.1% compound annual growth rate (CAGR).
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blood Transfusion Devices Industry?
By 2029, the blood transfusion devices market is expected to grow to a value of $7.09 billion, with a compound annual growth rate (CAGR) of 6.8%.
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What are the Key Growth Drivers Fueling the Blood Transfusion Devices Market?
The key drivers in the blood transfusion devices market are:
• Rising demand for blood transfusion devices due to aging population
• Focus on enhancing blood safety with advanced screening technologies
• Increase in investments towards the development of next-generation transfusion devices
• Growth of government initiatives encouraging blood donation and safe transfusion practices
Global Market Segmentation: Identifying Major Blood Transfusion Devices Industry Segments
The blood transfusion devicesmarket covered in this report is segmented –
1) By Product Type: Pathogen Reduction System, Apheresis Devices, Blood Component Separator, Blood Bag And Accessory, Venous Access Devices, Other Product Types
2) By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics And Gynecological Surgeries, Other Applications
3) By End User: Hospital, Ambulatory Surgical Centers, Blood Bank, Other End Users
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What are the emerging Trends Shaping the Future of the Blood Transfusion Devices Market?
The key trends in the blood transfusion devices market are:
• Technological advancements in blood transfusion devices are trending, improving both efficiency and safety.
• The integration of AI and IoT in transfusion devices is a rising trend, offering better monitoring and control.
• The adoption of portable blood transfusion devices for remote and emergency applications is growing.
• The market is moving towards minimally invasive transfusion techniques and expansion of blood transfusion services in low-resource regions.
Who Are the Top Competitors & Leading Players in the Blood Transfusion Devices Market?
Major companies in the blood transfusion devices market are:
• Fresenius Kabi AG
• Becton Dickinson and Company
• Baxter International Inc.
• Medline Industries LP
• Grifols SA
• Terumo Corporation
• Bio-Rad Laboratories Inc
• LivaNova PLC
• Haemonetics Corporation
• Sarstedt AG & Co KG
• STRATEC Biomedical AG
• Cerus Corporation
• Charter Medical Ltd
• Kawasumi Laboratories Inc.
• Macopharma SA
• GenesisBPS Inc.
• Mediware Information Systems Inc.
• EryPharm
• Glycorex Transplantation AB
• Werfen S.A.
Regional Dominance: Which Area Leads the Global Blood Transfusion Devices Market?
North America was the largest region in the blood transfusion devices market in 2024
