Transfusion Medicine Market: By Product, Blood Bags, Leukocyte Depletion Filters, Buffy Coat Pooling System), By End User, By End User Type and Geography

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Transfusion Medicine Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Apheresis Devices, Automated Technologies, Cell Therapy Technologies (Cell Washing and Processing), Blood Bags, Leukocyte Depletion Filters, Buffy Coat Pooling System), By End User (Hospital Chains, Standalone Hospitals, Blood Banks), By End User Type (Public, Private) and Region

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Transfusion Medicine Market size was valued at US$ 4.4 billion in 2023 and is expected to reach a value of US$ 7.1 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2030. The global market provides a detailed overview of the market, segmented by product type, application, and end-user. By Product Type, the Transfusion Medicine market has been segmented into Instruments and Accessories. The Accessories segment is likely to be the largest and fastest-growing segment in terms of product type. Based on Application, the Transfusion Medicine is segmented into Apheresis, Autotransfusion, and Blood Processing. The Blood Processing segment is predicted to register the fastest growth rate from 2023-to 2029. Based on the End User, the Transfusion Medicine market is segmented into Hospitals, Laboratories, and Others. According to precision business insights, laboratories are anticipated to hold the largest share market in the forecast period.

Transfusion Medicine Market Key Developments:
  • In September 2021, Hemanext, a blood storage tech developer, raised US$ 15 million funds via new series A funding round and US$ 100 million from private equity. It aims to expand the Hemanext One System processes across the globe.

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Transfusion Medicine Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7%

Largest Market

North America

Fastest Growing Market

North America

Transfusion Medicine Market Dynamics

The rising prevalence of chronic and infectious diseases like severe anemia, cancer, hemophilia, kidney disease, liver disease, severe infection, sickle cell disease, thrombocytopenia, and the introduction of technologically advanced products are among the factors driving transfusion medicine demand.

Transfusion Medicine Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 4.4 billion

Market Size in 2029

US$ 7.1 billion

Market CAGR

7%

By Product Type

  • Apheresis Devices
  • Automated Technologies
  • Cell Therapy Technologies (Cell Washing and Processing)
  • Blood Bags
  • Leukocyte Depletion Filters
  • Buffy Coat Pooling System

By End User

  • Hospital Chains
  • Standalone Hospitals
  • Blood Banks

By End User Type

  • Public
  • Private

Key Features of the Report

  • The transfusion medicine market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The Transfusion Medicine Market is projected to expand at a CAGR of 7.0% during the forecast period.

The major players in the global Transfusion Medicine market are Medtronic, Fresenius Kabi, Terumo, MEDICA S.P.A., Haier Biomedical, Haemonetics, and LivaNova plc., Lmb Technologie GmbH, Delcon, Sarstedt AG &Co. KG.

North America is the fastest-growing region for Transfusion Medicine Market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2.  Global Transfusion Medicine Market Introduction 
2.1. Global Transfusion Medicine Market  - Taxonomy
2.2. Global Transfusion Medicine Market  - Definitions
2.2.1. Product Type
2.2.2. End User
2.2.3. End User Type
2.2.4. Region
3. Global Transfusion Medicine Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Key Developments
4. Global Transfusion Medicine Market  By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
4.1. Apheresis Devices
4.1.1. Plasmapheresis Devices
4.1.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.1.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.1.3. Market Opportunity Analysis 
4.1.2. ECP Devices
4.1.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.1.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.2.3. Market Opportunity Analysis 
4.2. Automated Technologies
4.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.2.3. Market Opportunity Analysis 
4.3. Cell Therapy Technologies (Cell Washing and Processing)
4.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.3.3. Market Opportunity Analysis 
4.4. Blood Bags
4.4.1. Conventional Blood Bags
4.4.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.4.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.4.1.3. Market Opportunity Analysis 
4.4.2. Inline Filter Blood Bags
4.4.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.4.2.3. Market Opportunity Analysis 
4.5. Leukocyte Depletion Filters
4.5.1. Leukocyte Depletion Platelet Filters
4.5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.5.1.3. Market Opportunity Analysis 
4.5.2. Leukocyte Depletion RBC Filters
4.5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.5.2.3. Market Opportunity Analysis 
4.6. Buffy Coat Pooling System
4.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
4.6.3. Market Opportunity Analysis 
5. Global Transfusion Medicine Market  By End User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Hospital Chains
5 1 1  Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Standalone Hospitals 
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Blood Banks
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Transfusion Medicine Market  By End User Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Public
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Private
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.  Global Transfusion Medicine Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Rest of the World
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. North America Transfusion Medicine Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. Product Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1. Apheresis Devices
8.1.1.1. Plasmapheresis Devices 
8.1.1.2. ECP Devices
8.1.2. Automated Technologies
8.1.3. Cell Therapy Technologies (Cell Washing and Processing)
8.1.4. Blood Bags
8.1.4.1. Conventional Blood Bags
8.1.4.2. Inline Filter Blood Bags
8.1.5. Leukocyte Depletion Filters
8.1.5.1. Leukocyte Depletion Platelet Filters
8.1.5.2. Leukocyte Depletion RBC Filters
8.1.6. Buffy Coat Pooling System
8.2. End User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1. Hospital Chains
8.2.2. Standalone Hospitals 
8.2.3. Blood Banks
8.3. End User Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1. Public
8.3.2. Private
8.4. Country  Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.4.1. USA
8.4.2. Canada
9. Europe Transfusion Medicine Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. Product Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1. Apheresis Devices
9.1.1.1. Plasmapheresis Devices 
9.1.1.2. ECP Devices
9.1.2. Automated Technologies
9.1.3. Cell Therapy Technologies (Cell Washing and Processing)
9.1.4. Blood Bags
9.1.4.1. Conventional Blood Bags
9.1.4.2. Inline Filter Blood Bags
9.1.5. Leukocyte Depletion Filters
9.1.5.1. Leukocyte Depletion Platelet Filters
9.1.5.2. Leukocyte Depletion RBC Filters
9.1.6. Buffy Coat Pooling System
9.2. End User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1. Hospital Chains
9.2.2. Standalone Hospitals 
9.2.3. Blood Banks
9.3. End User Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1. Public
9.3.2. Private
9.4. Country  Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1. Germany
9.4.2. France
9.4.3. Italy
9.4.4. Spain
9.4.5. UK
9.4.6. Rest of Europe
10. Asia Pacific Transfusion Medicine Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Product Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1. Apheresis Devices
10.1.1.1. Plasmapheresis Devices 
10.1.1.2. ECP Devices
10.1.2. Automated Technologies
10.1.3. Cell Therapy Technologies (Cell Washing and Processing)
10.1.4. Blood Bags
10.1.4.1. Conventional Blood Bags
10.1.4.2. Inline Filter Blood Bags
10.1.5. Leukocyte Depletion Filters
10.1.5.1. Leukocyte Depletion Platelet Filters
10.1.5.2. Leukocyte Depletion RBC Filters
10.1.6. Buffy Coat Pooling System
10.2. End User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1. Hospital Chains
10.2.2. Standalone Hospitals 
10.2.3. Blood Banks
10.3. End User Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1. Public
10.3.2. Private
10.4. Country  Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1. China
10.4.2. Japan
10.4.3. ANZ
10.4.4. India
10.4.5. Rest of APAC
11. Rest of the World Transfusion Medicine Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Product Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1. Apheresis Devices
11.1.1.1. Plasmapheresis Devices 
11.1.1.2. ECP Devices
11.1.2. Automated Technologies
11.1.3. Cell Therapy Technologies (Cell Washing and Processing)
11.1.4. Blood Bags
11.1.4.1. Conventional Blood Bags
11.1.4.2. Inline Filter Blood Bags
11.1.5. Leukocyte Depletion Filters
11.1.5.1. Leukocyte Depletion Platelet Filters
11.1.5.2. Leukocyte Depletion RBC Filters
11.1.6. Buffy Coat Pooling System
11.2. End User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1. Hospital Chains
11.2.2. Standalone Hospitals 
11.2.3. Blood Banks
11.3. End User Type Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1. Public
11.3.2. Private
11.4. Country  Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1. Brazil
11.4.2. Mexico
11.4.3. GCC Countries
11.4.4. Rest of World
12.  Competition Landscape
12.1. Strategic Dashboard of Top Market Players
12.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis)
12.2.1. Terumo Corporation
12.2.2. Fresenius Kabi
12.2.3. Haemonetics Corporation
12.2.4. Asahi Kasei Medical Co., Ltd.
12.2.5. Mallinckrodt Pharmaceuticals
12.2.6. Macopharma 
12.2.7. PIT Medical Systems
12.2.8. Mitra Industries Private Limited
13.  Research Methodology
14.  Key Assumptions and Acronyms

Key Market Players

  • Medtronic
  • Fresenius Kabi
  • Terumo
  • MEDICA S.P.A.
  • Haier Biomedical
  • Haemonetics
  • LivaNova plc.
  • Lmb Technologie GmbH
  • Delcon
  • Sarstedt AG &Co. KG

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