The Patient Blood Management Global Market Report 2023, provides comprehensive information on the patient blood management market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Patient Blood Management Global Market Report 2023, the global patient blood management market grew from $12.82 billion in 2022 to $13.83 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The patient blood management market is expected to grow from $17.42 billion in 2027 at a CAGR of 6.0%.
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The patient blood management market is segmented:
By Product:
Instruments
Accessories
Reagents And Kits
Softwares
By Component:
Plasma
Whole Blood
Red Blood Cells
By Application:
Hospital
Clinic
Other Applications
North America was the largest region in the patient blood management market in 2022.
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Patient Blood Management Market Research Report: By Product (Instruments, Accessories, Reagents and Kits, Software), By Component (Whole Blood, Plasma) and By End-User (Blood Banks, Hospitals, Diagnostic Clinics and & Pathology Labs)-Forecast to 2027Market Analysis The global patient blood management market is likely to touch USD 15,848 million at a 6.48% CAGR between 2019- 2025, as per the recent report by Market Research Future (MRFR).
Patient blood management is used for minimizing blood loss at the time of surgical operations and optimizing the blood of the patient.
This is carried out by doctors for patients that possess the risk of blood loss at the time of surgical intervention.
Some of its different types include software, reagents and kits, and instrument accessories.Various factors are adding to the global patient blood management market growth.
Regional Analysis Based on the region, the global patient blood management market report covers the recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA).
The growing prevalence of cancer, the increasing number of surgical procedures, the presence of a well-established healthcare sector, and the presence of several hospitals in the US are adding to the growth of the market in the region.
The Business Research Company published its Patient Blood Management Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Patient Blood Management market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the patient blood management market’s segments-1) By Product: Instruments, Accessories, Reagents And Kits, Software2) By Component: Plasma, Whole Blood, Red Blood Cells3) By Application: Hospital, Clinic, Others.View Complete Report: https://www.thebusinessresearchcompany.com/report/patient-blood-management-market-global-report-2020-30-covid-19-growth-and-changePatient Blood Management Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.
The market is then expected to recover and reach $12.63 billion in 2023 at a CAGR of 8.28%.HEMAsavR is a sterile medical device to capture and transfer blood, which is increasingly being used to collect and salvage blood in surgical procedures and respond quickly to unanticipated blood loss.
