Global Blood Processing Supplies and Equipment Market to Reach US$8.0 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Blood Processing Supplies and Equipment markets. The global market for blood processing supplies and equipment is forecast to reach US$8.0 billion by the year 2015. Key factors driving market growth include increasing need for blood and blood products worldwide, concerns over spread of infectious diseases through donated blood, and emergence and growth of cord blood. Growth is also being driven by ever-rising demand for safe and enhanced quality of blood, escalating regulatory requirements, and improving healthcare infrastructure in developing countries.
San Jose, California (Vocus) October 26, 2010
Aging population in developed regions, increasing cancer treatment, and a rapid increase in complex surgical procedures, including open heart and orthopedic surgeries are driving demand for blood products globally. Infectious diseases, including hepatitis and AIDS, are the major perils, which pose constant threat to blood supply. To avoid the inflow of infected blood donations into the blood supply, the blood testing industry is developing and marketing diagnostics tests for infectious diseases. As modern medicine is heavily tied to the availability of adequate and safe blood, several advances are being made towards this end. Sophisticated equipment for blood processing is providing a base for future market opportunities. Besides, the market is expected to witness a bright outlook on account of new techniques of collecting and processing blood, new blood screening tests, new blood products, proliferating gains in basic research, and execution of further automation in testing and collection. All these factors are expected to create significant demand for blood processing supplies and equipment used in blood collection, processing, and storage.
Europe represents the largest market for blood processing supplies and equipment worldwide, as stated by the new market research report on Blood Processing Supplies and Equipment. The US constitutes the single largest regional market worldwide. However, growth is expected to primarily emanate from developing regions such as Asia-Pacific, Latin America, and the Middle East. Asia-Pacific demand for blood processing supplies and equipment is forecast to increase at a compounded annual growth rate of more than 5.0% during the analysis period. Segment wise, Hematology Reagents represents the largest product segment worldwide. Hematology reagents are used specifically during cell counting and determination of cell properties. In addition, they are also used for detecting anti bodies present in donated blood. Coagulation Reagents are expected to clock the fastest gains through the analysis period. Coagulation reagents are used for analyzing coagulation and bleeding disorders. Some of the important coagulation reagents include APTT reagents, thromboplastin plastinex, platelet extract reagent, reptilase, arachidonic acid, factor assay reagents, and others.
Major players in the blood processing supplies and equipment profiled in the report include Beckman Coulter Inc., Becton, Dickinson and Company, CaridianBCT Inc., Fenwal Inc., Fresenius Kabi AG, Haemonetics Corp, Immucor Inc., Pall Corp., Terumo Corp., among others.
The research report titled “Blood Processing Supplies and Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Blood Processing Supplies and Equipment markets, current market trends, key growth drivers, structure of blood products and industry services, overview of blood banking, overview of select blood processing equipment, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Blood Processing Supplies and Equipment market for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key segments analyzed include Blood Administration Sets, Blood Bank Freezers, Blood Bank Refrigerators, Blood Cell Processors, Blood Cell Washer Bags, Blood Collection Needles, Blood Collection & Micro Collectors, Blood Collection Tube Adapters, Blood Donor Sets, Blood Filters, Blood Grouping Analyzers, Blood Lancets, Blood Sample Mailers, Blood Sampling Kits, Blood Tube Mixes, Blood Warming Coils/Pouches, Cleaning Solutions, Donor Blood (Blood Bank) Mix, Blood Grouping Reagents, Coagulation Reagents, Hematology Reagents, Hematology Stains, Control Plasmas, Hematocrit Centrifuges, Microscopic Slides, Sedimentation Tubes, Slide Stainers, Specimen Labels, Test Tube Racks, and Vials. A seven-year (2000-2006) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit – http://www. strategyr. com/Blood_Processing_Supplies_and_Equipment_Market_Report. asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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