Automated Blood Processing Equipment Market

The global market value of automated blood processing equipment was valued at USD 45.1 billion in 2024 and is projected to grow at a CAGR of 9.2% during the forecast period. Rising healthcare expenditure and increasing awareness about blood donation is driving the demand significantly in the market. Increasing awareness campaigns and initiatives related to blood donation are contributing to a greater demand for efficient and safe blood processing methods. Increasing demand for efficiency, and accuracy in blood donation, and transfusion is driving growth in the market significantly.

The growing prevalence of chronic diseases like anemia, and blood disorders is leading to the need for reliable blood processing and storage solutions. An increasing number of blood donation camps organized by government and non-government organizations is fueling the growth in the market.

Growth Drivers

Rising demand for blood and blood components and a growing focus on blood safety and infection control are driving growth in the market. An increasing number of blood banks all over the world is fueling the growth in the market. Conditions like cancer, kidney diseases, and hemophilia lead to high transfusion rates, and demand for specialized blood components is spurring the market growth. Public health campaigns and investments in healthcare infrastructure contributed to the adoption of automated systems.

The expansion of blood collection centers like hospitals, blood banks, and other healthcare centers is fueling the market growth. Rising awareness among the people about the pros and cons of blood donation is the key factor behind the growth in the market. Blood donation camps in all over the world to use in case of emergency in hospitals and clinics is the key factor behind the growth in the market.

Automation helps in overcoming workforce limitations by reducing manual labor and increasing throughput. Integration of AI, IoT, and robotic automation has improved traceability and standardization in blood processing. Heavy investments by the countries in the majority of the world in centralized blood processing units is driving the market towards success.

Segmentation

Automated Blood Processing Equipment Product Segmentation

·         Devices

o   Cell Processors

o   Hematocrit Centrifuges

o   Blood Bank Refrigerators

o   Blood Bank Freezers

o   Grouping Analyzers

o   Warmers

·         Consumables

o   Blood Coagulation Reagents

o   Blood Grouping Reagents

o   Hematology Reagents

o   Blood Administration Sets

o   Sedimentation Tubes

o   Blood Bags

o   Blood Collection Tubes

o   Blood Collection Needles

o   Blood Lancets

o   Blood Filters

o   Vials

o   Slide Stainer

o   Test Tube Racks

o   Slides

Automated Blood Processing Equipment End User Segmentation

·         Hospitals and Clinics

·         Diagnostic Laboratories

·         Others

By Region

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Automated Blood Processing Equipment Market End-User Segmentation

Based on the end user, the automated blood processing equipment is segmented into hospitals and clinics, diagnostic laboratories, and others. Hospitals and clinics are the leading segment in the market because they handle most blood collection, transfusion, and surgeries, which require blood processing for red cells, plasma, and platelets.

Hospitals have the best infrastructure and are blessed with trained health personnel to operate advanced blood processing equipment, making automation more practical and cost-effective. Hospitals are connected with blood banks, and it facilitates seamless integration with automated systems to ensure efficient blood management and patient care. Automation in hospitals increases operational efficiency and reduces manual errors.

Diagnostic laboratories are also witnessing growth during the forecast period due to rising demand for accurate, efficient, and timely blood testing. The increasing incidence of infectious diseases with genetic disorders is driving the demand in the market significantly. Increasing demand for efficiency and safety is the key factor behind the growth in the market. Expansion of blood collection centers in all over the world is driving growth in the market significantly.

 Regional Outlook

 Based on the regions, the Automated Blood Processing Equipment Market is analyzed into 5 types: Asia Pacific, North America, Latin America, Middle East and Africa, and Europe. North America is the leading region in the Automated Blood Processing Equipment Market due to its well-developed and advanced healthcare systems in countries like Canada, and the United States of America. The area has well-established blood donation and transfusion services, supported by organizations like the American Red Cross, leading to a consistent demand for efficient blood processing equipment.

People in the region are well aware of the benefits of blood donation. The presence of the key players in the area like Fresenius Kabi, and Terumo BCT is driving the market towards significant growth. Growing demand for blood donation, and transfusion due to the increasing number of infectious cases is driving demand in the market. The rapidly growing aging population in the region is the key factor behind the growth of the market.

Asia Pacific is witnessing growth during the forecast period due to increasing investment in healthcare facilities by countries like China, India, South Korea, Japan, and Singapore. The rising prevalence of chronic diseases in the region is the key factor behind the growth in the market. The presence of some key players is boosting the market growth significantly.

Europe has advanced healthcare infrastructure and is experiencing significant growth in the market. Due to the rapidly growing geriatric population, the rising demand for blood and blood components for example plasma, and platelets is driving growth in the market significantly. Europe has stringent regulations on blood safety, driving the adoption of automated systems that reduce the risk of contamination and human error. Increasing investment by many European countries in centralized blood processing facilities, which benefit from automation to handle large volumes efficiently.

Middle East and Africa, and Latin America is witnessing moderate growth due to increasing demand for blood by the patients suffering from chronic diseases. Countries like Brazil, Argentina, Saudi Arabia, South Africa, and the United Arab Emirates are witnessing growth due to advance healthcare infrastructure in the region. The presence and influence of some key players in the region is spurring the market growth significantly.

Key Players

·         Biomerieux SA

·         Abbott

·         Bio-Rad Laboratories, Inc.

·         BD

·         F. Hoffmann-La Roche Ltd

·         Danaher.

·         Immucor, Inc.

·         ThermoGenesis Holdings, Inc.

·         Grifols, S.A.

·         Terumo Corporation

·         Haemonetics Corporation

·         Macopharma