- Instruments
- Accessories
Transfusion Medicine Market size was valued at USD 4.4 billion in 2022 and expected to reach a value of USD 7.1 billion by 2029, growing at a CAGR of 7.0% from 2023 to 2029. 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 USD 15 million funds via new series A funding round and USD 100 million from private equity. It aims to expand the Hemanext One System processes across the globe.
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.
North-America Got Significant Share
Transfusion Medicine Market Regional Analysis
The North American market is expected to witness the highest market share during the forecast period by region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The transfusion medicine market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- 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
Transfusion Medicine Market Segmentation
By Product Type
By Application
- Apheresis
- Autotransfusion
- Blood Processing
By End User
- Hospitals
- Laboratories
- Others
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
| 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. By Product Type |
| 2.2.2. By Application |
| 2.2.3. By End User |
| 2.2.4. By 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. Distributors List / Suppliers List |
| 3.6. Global Transfusion Medicine Market Dynamic Factors - Impact Analysis |
| 3.7. Global Transfusion Medicine Market Competition Landscape |
| 4. Global Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Transfusion Medicine Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Instruments |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Accessories |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Transfusion Medicine Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Apheresis |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Autotransfusion |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Blood Processing |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Transfusion Medicine Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Laboratories |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Transfusion Medicine Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2023 - 2029 |
| 9. North America Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Instruments |
| 9.1.2. Accessories |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Apheresis |
| 9.2.2. Autotransfusion |
| 9.2.3. Blood Processing |
| 9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Hospitals |
| 9.3.2. Laboratories |
| 9.3.3. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 - 2029 |
| 9.6. North America Transfusion Medicine Market Dynamics Trends |
| 10. Europe Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Instruments |
| 10.1.2. Accessories |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Apheresis |
| 10.2.2. Autotransfusion |
| 10.2.3. Blood Processing |
| 10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Hospitals |
| 10.3.2. Laboratories |
| 10.3.3. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 - 2029 |
| 10.6. Europe Transfusion Medicine Market Dynamics Trends |
| 11. Asia-Pacific Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Instruments |
| 11.1.2. Accessories |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Apheresis |
| 11.2.2. Autotransfusion |
| 11.2.3. Blood Processing |
| 11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Hospitals |
| 11.3.2. Laboratories |
| 11.3.3. Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Transfusion Medicine Market Dynamics Trends |
| 12. Latin America Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Instruments |
| 12.1.2. Accessories |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Apheresis |
| 12.2.2. Autotransfusion |
| 12.2.3. Blood Processing |
| 12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Hospitals |
| 12.3.2. Laboratories |
| 12.3.3. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 - 2029 |
| 12.6. Latin America Transfusion Medicine Market Dynamics Trends |
| 13. Middle East and Africa Transfusion Medicine Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Instruments |
| 13.1.2. Accessories |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Apheresis |
| 13.2.2. Autotransfusion |
| 13.2.3. Blood Processing |
| 13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Hospitals |
| 13.3.2. Laboratories |
| 13.3.3. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Transfusion Medicine Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 - 2029 |
| 13.6. MEA Transfusion Medicine Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Medtronic |
| 14.2.2. Fresenius Kabi |
| 14.2.3. Terumo |
| 14.2.4. MEDICA S.P.A. |
| 14.2.5. Haier Biomedical |
| 14.2.6. Haemonetics |
| 14.2.7. LivaNova plc. |
| 14.2.8. Lmb Technologie GmbH |
| 14.2.9. Delcon |
| 14.2.10. Sarstedt AG &Co. KG |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Medtronic
- Fresenius Kabi
- Terumo
- MEDICA S.P.A.
- Haier Biomedical
- Haemonetics
- LivaNova plc.
- Lmb Technologie GmbH
- Delcon
- Sarstedt AG &Co. KG