Global Blood Processing Devices And Consumables Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Devices - Cell Processors, Hematocrit Centrifuges, Blood Bank Refrigerators, Blood Bank Freezers, Grouping Analyzers & Warmers, Consumables - Blood Coagulation Reagents, Blood Grouping Reagents, Hematology Reagents, Blood Administration Sets, Sedimentation Tubes, Blood Bags, Blood Collection Tubes, Blood Collection Needles, Blood Lancets, Blood Filters, Vials, Slide Stainer, Test Tube Racks, and Slides.End-Use;
Hospitals and Clinics, Diagnostic Laboratories, Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Blood Processing Devices And Consumables Market (USD Million), 2021 - 2031
In the year 2024, the Global Blood Processing Devices And Consumables Market was valued at USD 44,545.58 million. The size of this market is expected to increase to USD 69,679.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.
The global blood processing devices and consumables market is an integral segment of the broader medical devices industry, focused on the collection, processing, and storage of blood and blood components for therapeutic and diagnostic purposes. Blood processing devices and consumables play a crucial role in various healthcare settings, including hospitals, blood banks, diagnostic laboratories, and research institutions, facilitating safe and efficient blood transfusions, therapeutic apheresis procedures, and cellular therapy applications. With a growing emphasis on patient safety, blood product quality, and regulatory compliance, the demand for advanced blood processing technologies and consumables continues to rise, driving market growth worldwide.
Blood processing devices encompass a wide range of equipment, including blood collection systems, centrifuges, blood separation systems, blood storage refrigerators, and blood component analyzers, among others. These devices are designed to meet stringent regulatory requirements and industry standards for blood product processing, ensuring the integrity, sterility, and compatibility of blood and blood components for transfusion and therapeutic purposes. Additionally, blood processing consumables such as blood bags, filters, tubes, and reagents are essential components of the blood processing workflow, facilitating the collection, separation, and storage of blood components while maintaining product quality and safety.
The global blood processing devices and consumables market is driven by various factors, including the increasing prevalence of chronic diseases, rising demand for blood transfusions and blood products, advancements in blood processing technologies, and growing healthcare infrastructure in emerging markets. Additionally, the expanding geriatric population, coupled with a growing number of surgical procedures and trauma cases, contributes to the demand for blood processing devices and consumables. Furthermore, government initiatives, regulatory reforms, and investments in healthcare systems aimed at improving blood safety, availability, and accessibility further propel market growth, creating opportunities for manufacturers and suppliers of blood processing devices and consumables to innovate and expand their product portfolios to meet the evolving needs of healthcare providers and patients worldwide.
Global Blood Processing Devices And Consumables Market Recent Developments
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In May 2023, Terumo BCT introduced a next-generation platform, the Spectra Optia Apheresis System. This system is designed to improve patient care and streamline workflow in blood processing. This innovative system offers advanced features that improve the efficiency of apheresis procedures, allowing for better separation of blood components. Furthermore, the platform provides essential information on contraindications and potential patient reactions to transfused blood products.
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In July 2022, Rhinostics introduced another breakthrough in automated sample collection technologies with the launch of the patent-pending VERIstic Collection Device focused on small volume blood collection.
Segment Analysis
The market for blood processing and storage products includes a range of devices such as cell processors, hematocrit centrifuges, blood bank refrigerators, and blood bank freezers. These devices are essential for ensuring the quality, safety, and efficacy of blood and its components throughout the collection, processing, and storage stages. Additional equipment, including grouping analyzers and warmers, supports the accurate typing and matching of blood, which is critical for transfusion compatibility. These devices are integral to maintaining high standards in blood banking and transfusion services, ensuring that patients receive safe and effective care.
Consumables play a vital role in blood collection, testing, and transfusion processes. Products such as blood coagulation and grouping reagents, hematology reagents, and blood administration sets are critical for diagnostic and therapeutic applications. Other consumables, including blood bags, collection tubes, needles, and lancets, facilitate safe and efficient blood collection and handling. Additional tools like sedimentation tubes, blood filters, and slide stainers further enhance laboratory workflows, supporting accurate diagnostic results. Accessories such as test tube racks, slides, and vials contribute to the efficient organization and processing of samples in both clinical and laboratory settings.
Hospitals and clinics are major end-users of these products, relying on them for blood transfusions, emergency care, and routine diagnostic testing. Diagnostic laboratories also depend on these devices and consumables for analyzing blood samples and diagnosing various conditions, including blood
Global Blood Processing Devices And Consumables Segment Analysis
In this report, the Global Blood Processing Devices And Consumables Market has been segmented by Product and Geography.
Global Blood Processing Devices And Consumables Market, Segmentation by Product
The Global Blood Processing Devices And Consumables Market has been segmented by Product into Devices and Consumables.
Devices and consumables, each encompassing various products tailored to specific stages of the blood processing workflow. Within the devices segment, key products include cell processors, hematocrit centrifuges, blood bank refrigerators, blood bank freezers, grouping analyzers, and warmers. Cell processors are essential for automated blood component separation and processing, ensuring the efficient separation of whole blood into its individual components. Hematocrit centrifuges are specialized centrifugal devices used to measure the volume fraction of red blood cells in blood samples, providing critical information for diagnosing anemia and other hematological conditions. Blood bank refrigerators and freezers are designed to store blood components at optimal temperatures, preserving their quality and integrity during storage and transportation. Grouping analyzers and warmers are integral to blood typing and compatibility testing, facilitating safe and accurate blood transfusions by identifying compatible donor-recipient matches.
The consumables segment comprises a wide range of products essential for blood collection, processing, and administration. These include blood coagulation reagents, blood grouping reagents, hematology reagents, blood administration sets, sedimentation tubes, blood bags, blood collection tubes, blood collection needles, blood lancets, blood filters, vials, slide stainers, test tube racks, and slides. Blood coagulation reagents play a crucial role in assessing coagulation parameters and diagnosing bleeding disorders, ensuring timely intervention and management. Blood grouping reagents are essential for ABO and Rh blood typing, enabling accurate donor-recipient matching and safe blood transfusions. Hematology reagents are utilized for blood cell counting and differential analysis, aiding in the diagnosis and monitoring of various hematological conditions. Additionally, blood administration sets, collection tubes, needles, lancets, filters, vials, and other consumables are vital components of the blood processing workflow, facilitating safe and hygienic blood collection, processing, storage, and administration across healthcare settings globally.
Global Blood Processing Devices And Consumables Market, Segmentation by End Use
The Global Blood Processing Devices And Consumables Market has been segmented by End Use into Hospitals and Clinics, Diagnostic Laboratories, Others.
Hospitals and clinics are key end-users of blood processing and diagnostic products, utilizing these tools for transfusions, surgeries, and routine patient care. Blood transfusions are a critical part of managing trauma cases, surgeries, and conditions like anemia and cancer. Hospitals rely on devices like blood bank refrigerators and consumables such as blood bags and administration sets to ensure the safe collection, storage, and delivery of blood and its components. Accurate diagnostic tools within these facilities also play a vital role in identifying blood-related disorders and ensuring compatibility for transfusions.
Diagnostic laboratories form another significant end-use segment, focusing on the analysis of blood samples for diagnostic and research purposes. These labs utilize hematology reagents, grouping analyzers, and centrifuges to perform tests that identify conditions such as infections, coagulation disorders, and blood cancers. Consumables like collection tubes, needles, and filters streamline sample handling, enabling labs to provide precise results. Laboratories also contribute to research on blood-related diseases and the development of new diagnostic techniques, making them crucial in advancing medical science.
Other end-users include blood banks, research institutes, and mobile blood collection centers. Blood banks are essential for maintaining adequate supplies of blood and blood components, relying on devices such as refrigerators, freezers, and warmers to preserve donations. Research institutes use blood processing tools to study hematological conditions, develop new therapies, and improve diagnostic methodologies. Mobile blood collection units ensure accessibility in remote or underserved areas, using portable consumables and devices to facilitate safe and efficient blood donation processes. These diverse applications highlight the importance of blood-related products across multiple healthcare and research settings.
Global Blood Processing Devices And Consumables Market, Segmentation by Geography
In this report, the Global Blood Processing Devices And Consumables Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Blood Processing Devices And Consumables Market Share (%), by Geographical Region, 2024
The global blood processing devices and consumables market, segmented by geography, reveals distinct trends and dynamics across different regions. North America holds a significant share in the market, driven by advanced healthcare infrastructure, stringent regulatory standards, and high prevalence of chronic diseases. The region's well-established blood processing facilities and adoption of advanced technologies contribute to market dominance. Moreover, strategic investments in research and development, along with a focus on blood safety and quality, further propel market growth in North America. Additionally, collaborations between key market players and healthcare institutions drive innovation and product development, enhancing the overall efficiency and efficacy of blood processing workflows in the region.
In Europe, the blood processing devices and consumables market are characterized by robust healthcare systems, technological advancements, and growing awareness of blood safety. Countries such as Germany, the United Kingdom, and France are major contributors to the market, supported by increasing healthcare expenditure and emphasis on preventive healthcare measures. Additionally, stringent regulatory frameworks and adherence to quality standards ensure the reliability and safety of blood processing procedures in Europe. Furthermore, ongoing initiatives aimed at enhancing blood product availability, addressing blood shortages, and improving transfusion practices drive market growth across the region. However, market dynamics may vary across European countries due to differences in healthcare infrastructure, regulatory landscapes, and disease prevalence, influencing product demand and adoption rates.
In the Asia Pacific region, the blood processing devices and consumables market are witnessing rapid growth attributed to factors such as increasing healthcare expenditure, expanding population, and rising demand for blood products. Countries like China, India, and Japan are key markets in the region, driven by improving healthcare infrastructure and rising prevalence of chronic diseases. Moreover, government initiatives aimed at enhancing blood safety, promoting blood donation, and addressing transfusion challenges contribute to market expansion in Asia Pacific. However, market dynamics may be influenced by factors such as regulatory policies, technological advancements, and cultural attitudes towards blood donation and transfusion practices, shaping the demand for blood processing devices and consumables across different countries in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Blood Processing Devices And Consumables Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers
- Increasing Demand for Blood Products
- Technological Advancements
- Aging Population
- Regulatory Compliance
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Increasing Healthcare Expenditure: Increasing healthcare expenditure is a significant driver propelling the growth of the global blood processing devices and consumables market. As healthcare systems worldwide allocate greater resources towards improving patient care and treatment outcomes, there is a corresponding rise in investments directed towards upgrading blood processing facilities and adopting advanced technologies. The expansion of healthcare infrastructure, including hospitals, clinics, and blood banks, necessitates the procurement of state-of-the-art blood processing devices and consumables to meet the growing demand for blood products and transfusion services. Moreover, the increasing prevalence of chronic diseases and complex medical conditions necessitates a higher volume of blood transfusions, thereby driving the demand for efficient and reliable blood processing solutions.
Rising healthcare expenditure is often accompanied by advancements in medical technology, driving innovation in blood processing devices and consumables. Manufacturers are continually developing and introducing new products equipped with enhanced features such as automation, connectivity, and real-time monitoring capabilities. These advancements not only improve the efficiency and accuracy of blood processing procedures but also contribute to better patient outcomes and reduced healthcare costs in the long run. Additionally, increasing healthcare expenditure fosters collaborations between healthcare institutions and industry players, facilitating research and development initiatives aimed at addressing unmet needs in blood processing technology. Overall, the surge in healthcare spending serves as a catalyst for innovation and growth in the global blood processing devices and consumables market, driving the adoption of cutting-edge solutions to meet the evolving demands of healthcare providers and patients.
Restraints
- Stringent Regulatory Requirements
- High Cost of Blood Processing Equipment
- Limited Availability of Skilled Personnel
- Concerns Regarding Blood Safety and Transfusion Risks
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Economic Constraints in Developing Countries: Economic constraints in developing countries pose a significant restraint on the global blood processing devices and consumables market. Limited healthcare budgets and financial resources in these regions often restrict the capacity of healthcare facilities to invest in advanced blood processing technologies and consumables. As a result, healthcare providers may prioritize basic healthcare infrastructure and essential medical supplies over investments in specialized blood processing equipment and consumables. Additionally, the high upfront costs associated with acquiring sophisticated blood processing devices and consumables can deter healthcare facilities in developing countries from upgrading their blood processing capabilities, further exacerbating the disparity in access to advanced healthcare technologies between developed and developing regions.
Economic constraints in developing countries can impede the adoption of stringent regulatory standards and quality assurance measures for blood processing devices and consumables. Limited financial resources may hinder the implementation of comprehensive quality control systems and regulatory compliance protocols, leading to potential risks related to blood product safety and quality. Inadequate infrastructure for monitoring and surveillance of blood transfusion practices may also exacerbate the challenges of ensuring the integrity and safety of blood products in resource-constrained settings. Consequently, economic constraints in developing countries not only limit the affordability and accessibility of advanced blood processing technologies but also pose challenges in maintaining adequate standards of blood product quality and safety, thereby constraining market growth and development in these regions.
Opportunities
- Increasing Demand for Blood Products
- Technological Advancements
- Aging Population
- Regulatory Compliance
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Increasing Healthcare Expenditure: Increasing healthcare expenditures present significant opportunities for the global blood processing devices and consumables market. As healthcare budgets expand globally, there is a greater capacity for healthcare facilities to invest in advanced blood processing technologies and consumables. This increased investment allows for the adoption of state-of-the-art equipment and consumables that enhance the efficiency, safety, and reliability of blood processing procedures. Healthcare providers are increasingly prioritizing investments in blood safety and quality, driving the demand for innovative devices and consumables that can improve transfusion practices and patient outcomes.
Healthcare expenditures create opportunities for market expansion in emerging markets where healthcare infrastructure is undergoing rapid development. Countries in regions such as Asia Pacific, Latin America, and the Middle East are witnessing significant growth in healthcare spending, driven by factors such as population growth, economic development, and government initiatives to improve healthcare access and quality. In these markets, there is a growing demand for blood processing devices and consumables to support the expansion of healthcare services, including blood transfusions, therapeutic apheresis, and cellular therapy applications. Manufacturers and suppliers have the opportunity to capitalize on this growing demand by offering innovative and cost-effective solutions tailored to the specific needs of emerging market healthcare systems.
Competitive Landscape Analysis
Key players in Global Blood Processing Devices And Consumables Market include:
- Terumo Corporation
- Fresenius SE & Co. KGaA (Fresenius Kabi)
- Haemonetics Corporation
- Becton, Dickinson and Company (BD)
- Grifols, S.A
- Abbott Laboratories
- Bio-Rad Laboratories, Inc
- Thermo Fisher Scientific Inc
- Macopharma SA
- Sysmex Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Global Blood Processing Devices And Consumables Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Blood Products
- Technological Advancements
- Aging Population
- Regulatory Compliance
- Increasing Healthcare Expenditure
- Restraints
- Stringent Regulatory Requirements
- High Cost of Blood Processing Equipment
- Limited Availability of Skilled Personnel
- Concerns Regarding Blood Safety and Transfusion Risks
- Economic Constraints in Developing Countries
- Opportunities
- Increasing Demand for Blood Products
- Technological Advancements
- Aging Population
- Regulatory Compliance
- Increasing Healthcare Expenditure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Blood Processing Devices And Consumables Market, By Product, 2021 - 2031 (USD Million)
- Devices
- Cell Processors
- Hematocrit Centrifuges
- Blood Bank Refrigerators
- Blood Bank Freezers
- Grouping Analyzers
- Warmers
- Consumables
- Blood Coagulation Reagents
- Blood Grouping Reagents
- Hematology Reagents
- Blood Administration Sets
- Sedimentation Tubes
- Blood Bags
- Blood Collection Tubes
- Blood Collection Needles
- Blood Lancets
- Blood Filters
- Vials
- Slide Stainer
- Test Tube Racks
- Slides
- Devices
- Global Blood Processing Devices And Consumables Market, By End Use, 2021 - 2031 (USD Million)
- Hospitals and Clinics
- Diagnostic Laboratories
- Others
- Global Blood Processing Devices And Consumables Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Blood Processing Devices And Consumables Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Terumo Corporation
- Fresenius SE & Co. KGaA (Fresenius Kabi)
- Haemonetics Corporation
- Becton, Dickinson and Company (BD)
- Grifols, S.A
- Abbott Laboratories
- Bio-Rad Laboratories, Inc
- Thermo Fisher Scientific Inc
- Macopharma SA
- Sysmex Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market