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Blood Transfusion Filters Market Report
Global Blood Transfusion Filters Market, Dynamics, Trends, and Market Analysis
The report on the Global Blood Transfusion Filters Market is segmented By Type (Red Blood Cell Transfusions, Platelets and Clotting Factor Transfusions, Plasma Transfusions), By Product Type (40µm, 70µm, 100µm, 170µm, Other), By Application (Blood Bank, Hospitals), and Region. The report also covers the COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Blood Transfusion Filters market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The Global Blood Transfusion Filters Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of x% during the forecast period.
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Blood transfusion filters are used during the transfusion to filter blood components to remove clots and small clumps of white blood cells & platelets that form at the time of collection and storage. The standard blood infusion set contains a 170–260-micron filter. It is designed to protect from harmful micro aggregate and non-blood component particulate matter.
Key players operating in the global Blood Transfusion Filters market are-
The global market growth is primarily driven by increasing incidences of blood infections during transfusion.
Based on application, the market has been divided into blood banks and hospitals.
The hospitals' segment accounted for the largest market share of more than 30% in 2020. The segment growth can be attributed to rising incidences of trauma and accident cases in the hospitals. The blood bank segment is projected to register the highest growth during the review period.
The market in North America accounted for largest share in 2020 and is projected to register significant growth during the review period.
The covid-19 outbreak posed significant challenges to the health care system across geographies. It affected the growth of the blood transfusion filters market negatively as patients postponed their appointments due to a rapid surge in covid-19 cases across geographies. Also, supply chain disruptions due to the imposition of lockdown affected the market growth further. People moved out of their houses only for essential services due to fear of coronavirus infection and thus, affected the market growth for a short period.
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Asahi Kasei Medical America Inc. (Japan), Haemonetics Corporation (The US), Fresenius SE & Co. KGaA (Germany), Macopharma SA (France), Shandong Zhongbaokang Medical Implements Co., Ltd (China), Nanjing Shuangwei Biotechnology Co.,Ltd. (China), Chengdu Shuanglu Medical Devices Co., Ltd. (China), Braile Biomédica (Brazil) and Nanjing Cell-Gene Biomedical Co., Ltd (China) are among the key players in the blood transfusion filters market.
North America accounted for the largest share in blood transfusion filters market in 2020.
Asia-pacific is expected to register the fastest growth in the blood transfusion filters market during the next five years.
The blood bank segment is expected to register the highest growth in the blood transfusion filters market in the coming years.
Increasing incidences of blood infections during transfusion, rising number of surgical procedures, increasing adoption of blood transfusion filters in developing economies are the factors driving the growth of blood transfusion filters market.
Blood transfusion filters distributors, Blood transfusion filters suppliers, Blood transfusion filters manufacturers, Logistics organizations, Government bodies are the target audience in the blood transfusion filters market.
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