Blood Transfusion Market Size & Analysis for North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China – 2025-2029

Blood Transfusion Market Size 2025-2029

The global blood transfusion market is projected to grow by USD 2-4 billion at a CAGR of 5%-7% during the forecast period. Exact values for this market can be accessed upon purchasing the report.

The market is driven by factors such as the increasing prevalence of chronic diseases, the growing number of trauma cases, and the rising frequency of surgical procedures that require blood transfusions. The continued advancement in transfusion technologies, such as automated blood collection systems and pathogen reduction techniques, has also contributed to market growth. Additionally, rising awareness about the importance of blood donation and the expansion of healthcare services in emerging economies are helping to meet the growing demand for safe blood and blood components globally.

To access the full market forecast and comprehensive analysis, Buy Now

How is this market segmented?

The blood transfusion market is segmented by type, application, and region.

• Type
  • Y-type
  • Straight
  • Other
• Application
  • Child
  • Adult
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

By type, the Y-type segment is expected to have the largest market share due to its efficiency in blood transfusion procedures. The demand for blood transfusions in adult applications is also expected to be dominant, especially in surgical and trauma cases. Regionally, North America is expected to hold the largest market share due to advanced healthcare infrastructure and a high demand for blood products in critical care and treatment scenarios.

Regional Analysis

• North America: Expected to lead the market, owing to the high demand for blood products in surgeries, cancer treatments, and trauma care. The region is also witnessing increased blood donations and enhanced healthcare infrastructure, supporting the growth of the blood transfusion market.
• Europe: Strong demand for blood products driven by an aging population and high-quality healthcare services.
• Asia-Pacific: Significant growth potential, with expanding healthcare infrastructure and increasing awareness about blood donation in countries like India and China.

Market Dynamics

What Are the Key Market Drivers?

The increasing prevalence of chronic conditions like anemia, trauma, and the need for blood transfusions in surgeries are key drivers propelling the growth of the blood transfusion market. Anemia, particularly among women and children, significantly boosts demand for transfusions. Furthermore, advancements in transfusion technology, such as pathogen reduction and automated blood collection, are enhancing the safety and efficiency of blood transfusions, making them more accessible and effective.

What Are the Trends Shaping the Blood Transfusion Market?

Growing integration of advanced technologies in blood transfusions: The integration of personalized medicine and omics technologies, which enable tailored transfusion practices, is a major trend in the market. These technologies aim to optimize blood transfusion outcomes by customizing the additives, processing, and storage methods for individual recipients, improving overall safety and efficacy.

What Challenges Does the Blood Transfusion Market Face?

Risk of allergic reactions and medical complications: A significant challenge facing the blood transfusion market is the risk of allergic reactions among patients, even when they receive the correct blood type. These reactions can require additional medical interventions, which may deter some patients from opting for transfusions and create additional healthcare burdens.

Key Companies & Market Insights

Leading companies in the blood transfusion market are focusing on technological innovations and strategic partnerships to expand their market presence. Some of the key players in the market include:

• F. Hoffmann-La Roche AG
• Abbott
• BIO KIT (Werfen)
• Ortho Clinical Diagnostics
• Bio-Rad Laboratories
• Immucor Inc.
• BAG Healthcare GmbH
• Danaher
• Quotient Limited
• DiaSorin S.P.A.

These companies are enhancing their portfolios through product innovations, strategic collaborations, and geographic expansions. Recent developments in transfusion technologies, such as pathogen reduction systems and automated blood collection platforms, are expected to drive further growth in the market.

Market Scope

For further information, Get Free Sample

How the Benefits of a Technavio Market Research Report Can Empower Your Business

Technavio’s reports provide a range of market insights, including:

• A detailed analysis of the market, featuring market size, growth rate, segmentation, and regional performance
• In-depth analysis of the drivers, challenges, and other dynamics that will impact the growth of the market
• Predictions about upcoming trends and changes in consumer behavior
• Detailed information on key market players, including market positioning, product offerings, and more

Table of Contents

1 Executive Summary

• 1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

• 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

• 2.2 Criticality of inputs and factors of differentiation
  • Overview on criticality of inputs and factors of differentiation

• 2.3 Factors of disruption
  • Overview on factors of disruption

• 2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

• 3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market

• 3.2 Market characteristics
  • Market characteristics analysis

• 3.3 Value chain analysis
  • Value chain analysis

4 Market Sizing

• 4.1 Market definition
  • Offerings of companies included in the market definition

• 4.2 Market segment analysis
  • Market segments

• 4.3 Market size 2024

• 4.4 Market outlook: Forecast for 2024-2029
  • Chart on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Data Table on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Chart on Global Market: Year-over-year growth 2024-2029 (%)
  • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

• 5.1 Global Market 2019 - 2023
  • Historic Market Size - Data Table on Global Market 2019 - 2023 ($ billion)

• 5.2 Segment Analysis 2019 - 2023
  • Historic Market Size – Segment Analysis 2019 - 2023 ($ billion)

• 5.4 Geography segment analysis 2019 - 2023
  • Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

• 6.1 Impact of AI on the Global Market

7 Five Forces Analysis

• 7.1 Five forces summary
  • Five forces analysis - Comparison between 2024 and 2029

• 7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2024 and 2029

• 7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029

• 7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2024 and 2029

• 7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2024 and 2029

• 7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2024 and 2029

• 7.7 Market condition
  • Chart on market condition - Five forces 2024 and 2029

8 Market Segmentation

• 8.1 Market segments
  • Chart on Segmentation - Market share 2024-2029 (%)
  • Data Table on Segmentation - Market share 2024-2029 (%)

• 8.2 Segment Comparison
  • Chart on Comparison
  • Data Table on Comparison

• 8.3 Segment Market Opportunity
  • Market opportunity ($ billion)
  • Data Table on Market Opportunity ($ billion)

9 Customer Landscape

• 9.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation
  • Chart on market share by geography 2024-2029 (%)
  • Data Table on market share by geography 2024-2029 (%)

• 10.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison

• 10.3 Market opportunity by geography
  • Market opportunity by geography ($ billion)
  • Data Tables on Market opportunity by geography ($ billion)

11 Drivers, Challenges, and Opportunity/Restraints

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

• 11.4 Market opportunities/restraints

12 Competitive Landscape

• 12.1 Overview

• 12.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation

• 12.3 Landscape disruption
  • Overview on factors of disruption

• 12.4 Industry risks
  • Impact of key risks on business

13 Competitive Analysis

• 13.1 Companies profiled
  • Companies covered

• 13.2 Company ranking index
  • Company ranking index

• 13.3 Market positioning of companies
  • Matrix on companies position and classification

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist

• 14.3 Currency conversion rates for US$
  • Currency conversion rates for US$

• 14.4 Research methodology
  • Research methodology

• 14.5 Data procurement
  • Information sources

• 14.6 Data validation
  • Data validation

• 14.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing

• 14.8 Data synthesis
  • Data synthesis

• 14.9 360 degree market analysis
  • 360 degree market analysis

• 14.10 List of abbreviations
  • List of abbreviations