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

  • Published: Aug 2025
  • Pages: 160

Patient Blood Management Market Size 2025-2029

The global patient blood management market is expected to grow by USD 6-9 billion at a CAGR of 5%-7% during the forecast period from 2025 to 2029. Exact values for this market can be accessed upon purchasing the report. The market for patient blood management solutions is seeing significant growth due to several factors. One of the primary drivers is the increasing prevalence of blood-related disorders such as anemia, hemophilia, and blood cancers like leukemia, which drive the need for efficient blood conservation strategies in hospitals and blood banks. Additionally, trauma cases, accidents, and the rising aging population contribute to the demand for patient blood management products and services. 

Patient blood management technologies are becoming increasingly important in improving patient outcomes, with innovations in blood transfusion alternatives and blood loss minimization techniques playing a crucial role in enhancing care. The adoption of blood management software has also simplified the management of blood inventory and improved operational efficiencies in healthcare facilities. Furthermore, the implementation of patient blood management protocols ensures best practices are followed to minimize unnecessary transfusions. The growing demand for patient blood management equipment is driven by advancements in these areas. Government initiatives, such as increased budgets for healthcare services, also support the establishment of new blood banks and the adoption of patient blood management solutions. Overall, insights from the blood management industry indicate that the market will continue to expand as healthcare providers focus on improving blood conservation and optimizing blood use.

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Technological advancements in patient blood management devices, such as automated blood culture systems and blood storage devices, are also accelerating market growth. Furthermore, the growing preference for blood transfusion and blood processing technologies across hospitals and diagnostic clinics is fueling the market. However, the high cost of patient blood management products and risks associated with blood transfusion may act as challenges in the growth trajectory.

How is this market segmented?

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The market research report provides comprehensive data with forecasts and estimates for the period 2025-2029, along with historical data from 2018-2024 for the following segments:

By Product Type

  • Instruments (Blood processing devices, blood transfusion devices, diagnostic instruments)
  • Accessories (Syringes & needles, blood bags, vials & tubes)
  • Reagents & Kits (Blood typing reagents, assay kits)
  • Software

By End User

  • Hospitals
  • Blood Banks
  • Diagnostic Clinics & Pathology Labs

By Geography

  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

Product Type Insights

The instruments segment holds the largest share of the market, driven by the rising incidence of trauma cases, surgeries, and the demand for high-quality blood processing devices. The reagents & kits segment is expected to grow the fastest due to the increasing adoption of blood culture media and diagnostic reagents for blood screening.

Regional Analysis

Asia-Pacific accounted for the largest share of the global patient blood management market in 2024 and is expected to continue leading the market during the forecast period. This region's growth is attributed to the rising prevalence of chronic blood disorders, an aging population, and increasing healthcare investments, particularly in countries like India and China.

Market Dynamics

The key drivers contributing to the growth of the patient blood management market include:

  • Increase in Trauma and Surgical Cases: Rising injuries and surgeries worldwide demand efficient blood management solutions.
  • Government Initiatives: Increased healthcare spending globally supports the adoption of blood management technologies.
  • Aging Population: The growing elderly population, particularly in APAC, is more susceptible to anemia and other blood disorders.

The market is also impacted by:

  • Technological Advancements: Innovations in blood transfusion and storage devices enhance market growth.
  • Challenges: High product costs and potential transfusion-related risks may restrain market expansion.

Key Companies & Market Insights

Major players in the patient blood management market include:

  • Asahi Kasei Corporation
  • B. Braun SE
  • BioMérieux, Inc.
  • Grifols, S.A.
  • Haemonetics Corporation
  • Haier Biomedical
  • Immucor, Inc.
  • LivaNova PLC
  • Macopharma
  • Terumo Corporation

Market Scope

Base Year

      2024

Forecast Period

      2025-2029

Market Size

      USD 6-9 Billion

Market Growth

      5%-7%

Product Type

  • Instruments
  • Accessories
  • Reagents & Kits
  • Software

End-User

  • Hospitals
  • Blood Banks
  • Diagnostic Clinics & Pathology Labs

Regional Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa

Key Companies Profiled

  • Asahi Kasei Corporation
  • B. Braun SE
  • BioMérieux, Inc.
  • Grifols, S.A.
  • Haemonetics Corporation
  • Haier Biomedical
  • Immucor, Inc.
  • LivaNova PLC
  • Macopharma
  • Terumo Corporation
  • Others

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