Artificial Blood Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Artificial Blood Market: By Product Type (Hemoglobin-Based Oxygen Carriers, Perflurocarbon-Based Products, Recombinant Factors, Synthetic Platelets, Plasma Expanders, Others),By Application (Traumatic Injuries, Blood Disorders, Anemia, Surgeries, Others), By Distribution Channel(Hospitals, Clinics, Blood Banks), and Geography

 

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Report

Description

Artificial Blood Market size was valued at USD 3161.3 million in 2021 and growing at a CAGR of 11.9% during the forecast period 2022-2028. Artificial blood or synthetic blood and blood products are the alternatives to the blood transfusion to replace the blood. It fulfills and replicates the normal functions of the body. Artificial blood is infused in the traumatic injuries and other disease conditions for the transportation of carbon di oxide and oxygen across the body. Moreover, scientists are focusing on the development of artificial blood due to inadequate number of blood donors leads to shortage of blood. However, there are adverse effects associated with the artificial blood such as hemoglobin based blood substitute might increase the occurrence of heart attacks. Artificial blood is mostly utilised in the treatment of trauma patients, therefore an increase in the number of people suffering from heart and renal diseases is expected to drive market growth over the forecast period. Conventional blood transfusion methods are frequently impractical to provide in battlefield circumstances. Artificial blood, which is a simple technique to manage blood supply in an effective and time-saving manner, might assist medical care in the armed forces in that event. All of these factors are contributing to the global growth of the artificial blood market.

Key Developments:

In April 2017, Plasticell collaborated with Kings College London to progress the preclinical trials of artificial blood platelet products, prepared from pluripotent stem cells

Artificial Blood Market

MARKET SUMMARY
-
11.9% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 11.9%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Artificial Blood Market

  • The report on global artificial blood market gives historical, current and future market sizes (US$ Mn) based on by product type,  by application, by distribution channel and region.
  • artificial blood market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Alpha Therapeutic Corp
  • FluorO2 Therapeutics
  • Plasticell Limited
Artificial Blood Market Drivers And Restraints

Drivers:
Increase in the prevalence of anemia and traumatic injuries,
Rise in R&D for the innovation of newer products,
Growing number of surgeries combined with decrease in number of blood donors.

Restraints:
Lower shelf-life and instability of artificial blood,
Adverse effects associated with artificial blood substitutes,
Stringent regulatory guidelines for product approval.


North-America Got Significant Share

Artificial Blood Market

Geographically, global market is segmented into following regions, viz. North America, Asia-Pacific, Latin America, Middle East & Africa, and Europe. North America are expected to be major market for global artificial blood the rising prevalence of aortic disorders in the United States is expected to promote market growth. Furthermore, the government's increasing endeavours to produce sophisticated technologies with the goal of delivering efficient results for vessel transplants is driving market expansion.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key


Key

Key Features of the Report

Artificial Blood Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The artificial blood market is projected to expand at a CAGR of 11.9% during the forecast period

 

Alpha Therapeutic Corp, FluorO2 Therapeutics, Plasticell Limited

North America is the fastest-growing region for the artificial blood market


Report

Table Of Content

  1. Executive Summary
  2. Global Artificial Blood Market Introduction
    • Global Artificial Blood Market – Taxonomy
    • Global Artificial Blood Market –Definitions
      • Product Type
      • Application
      • Distribution Channel
  1. Global Artificial Blood Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Artificial Blood Market Dynamic Factors – Impact Analysis
    • Global Artificial Blood Market – Competition Landscape
    • Epidemiology
  2. Global Artificial Blood Market Analysis,2013 – 2017 and Forecast, 2018 – 2024
    • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Artificial Blood Market, By Product Type, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Hemoglobin-Based Oxygen Carriers
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Perflurocarbon-Based Products
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Recombinant Factors
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Synthetic Platelets
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plasma Expanders
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Artificial Blood Market Forecast, By Application,2013 – 2017 and Forecast, 2018 – 2024
    • Traumatic Injuries
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Blood Disorders
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Anemia
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Surgeries
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Artificial Blood Market Forecast, By Distribution Channel, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Hospitals
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Clinics
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Blood Banks
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Artificial Blood Market Forecast, By Region, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Artificial Blood Market – Opportunity Analysis Index, By Product Type, By Application, By Distribution Channel and Region, 2018 – 2024
  2. North America Artificial Blood Market Analysis,2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Product Type Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Hemoglobin-Based Oxygen Carriers
      • Perflurocarbon-Based Products
      • Recombinant Factors
      • Synthetic Platelets
      • Plasma Expanders
      • Others
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Traumatic Injuries
      • Blood Disorders
      • Anemia
      • Surgeries
      • Others
    • Distribution Channel Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Clinics
      • Blood Banks
    • Country Analysis 2016 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Artificial Blood Market – Opportunity Analysis Index, By Product Type, ByApplication, By Distribution Channel,and Country, 2018 – 2024
    • North America Artificial Blood Market Dynamics – Trends
  3. Europe Artificial Blood Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Product Type Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Hemoglobin-Based Oxygen Carriers
      • Perflurocarbon-Based Products
      • Recombinant Factors
      • Synthetic Platelets
      • Plasma Expanders
      • Others
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Traumatic Injuries
      • Blood Disorders
      • Anemia
      • Surgeries
      • Others
    • Distribution Channel Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Clinics
      • Blood Banks
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Artificial Blood Market – Opportunity Analysis Index, By Product Type, ByApplication, By Distribution Channel, and Country,2018 – 2024
    • Europe Artificial Blood Market Dynamics – Trends
  4. Asia-Pacific Artificial Blood Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Product Type Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Hemoglobin-Based Oxygen Carriers
      • Perflurocarbon-Based Products
      • Recombinant Factors
      • Synthetic Platelets
      • Plasma Expanders
      • Others
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Traumatic Injuries
      • Blood Disorders
      • Anemia
      • Surgeries
      • Others
    • Distribution Channel Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Clinics
      • Blood Banks
    • Country Analysis2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Artificial Blood Market – Opportunity Analysis Index, By Product Type, ByApplication, By Distribution Channel, and Country,2018 – 2024
    • Asia-Pacific Artificial Blood Market Dynamics – Trends
  5. Latin America Artificial Blood Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Product Type Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Hemoglobin-Based Oxygen Carriers
      • Perflurocarbon-Based Products
      • Recombinant Factors
      • Synthetic Platelets
      • Plasma Expanders
      • Others
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Traumatic Injuries
      • Blood Disorders
      • Anemia
      • Surgeries
      • Others
    • Distribution Channel Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Clinics
      • Blood Banks
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Artificial Blood Market – Opportunity Analysis Index, By Product Type, ByApplication, By Distribution Channel, and Country,2018 – 2024
    • Latin America Artificial Blood Market Dynamics – Trends
  6. Middle East and Africa Artificial Blood Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Product Type Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Hemoglobin-Based Oxygen Carriers
      • Perflurocarbon-Based Products
      • Recombinant Factors
      • Synthetic Platelets
      • Plasma Expanders
      • Others
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Traumatic Injuries
      • Blood Disorders
      • Anemia
      • Surgeries
      • Others
    • Distribution Channel Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Clinics
      • Blood Banks
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Artificial Blood Market – Opportunity Analysis Index, By Product Type, By Application, By Distribution Channel and Country,2018 – 2024
    • MEA Artificial Blood Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Alpha Therapeutic Corp (U.S.)
      • FluorO2 Therapeutics (U.S.)
      • Plasticell Limited (U.K.)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Alpha Therapeutic Corp (U.S.)
  • FluorO2 Therapeutics (U.S.)
  • Plasticell Limited (U.K.)

Description

Artificial Blood Market size was valued at USD 3161.3 million in 2021 and growing at a CAGR of 11.9% during the forecast period 2022-2028. Artificial blood or synthetic blood and blood products are the alternatives to the blood transfusion to replace the blood. It fulfills and replicates the normal functions of the body. Artificial blood is infused in the traumatic injuries and other disease conditions for the transportation of carbon di oxide and oxygen across the body. Moreover, scientists are focusing on the development of artificial blood due to inadequate number of blood donors leads to shortage of blood. However, there are adverse effects associated with the artificial blood such as hemoglobin based blood substitute might increase the occurrence of heart attacks. Artificial blood is mostly utilised in the treatment of trauma patients, therefore an increase in the number of people suffering from heart and renal diseases is expected to drive market growth over the forecast period. Conventional blood transfusion methods are frequently impractical to provide in battlefield circumstances. Artificial blood, which is a simple technique to manage blood supply in an effective and time-saving manner, might assist medical care in the armed forces in that event. All of these factors are contributing to the global growth of the artificial blood market.

Key Developments:

In April 2017, Plasticell collaborated with Kings College London to progress the preclinical trials of artificial blood platelet products, prepared from pluripotent stem cells

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