Global Blood Processing and Storage Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Freezers, Refrigerators, Warmers, Analyzers, Hematocrit Centrifuges, and Cell Processors.

By End User;

Hospitals, Diagnostic Centers, Blood Banks, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn483539453 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Blood Processing and Storage Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Blood Processing and Storage Equipment Market was valued at USD 6711.24 million. The size of this market is expected to increase to USD 10360.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The Global Blood Processing and Storage Equipment Market represents a critical segment within the broader healthcare industry, dedicated to ensuring the safety and availability of blood products for medical use. Blood processing and storage equipment encompass a wide array of devices and systems designed to handle blood collection, processing, storage, and transportation. This market plays a pivotal role in supporting healthcare systems worldwide by facilitating blood transfusions, aiding in the treatment of various medical conditions, and supporting emergency response efforts.

Advancements in medical technology and increasing demand for blood products have been significant driving forces behind the growth of the global market for blood processing and storage equipment. Technological innovations have led to the development of more efficient and reliable equipment, enhancing the safety and quality of blood products while streamlining the overall process. Moreover, rising healthcare expenditure, coupled with an aging population and the prevalence of chronic diseases, has fueled the demand for blood and blood-related products, driving the market's expansion.

Geographically, the market for blood processing and storage equipment exhibits a diverse landscape, with key players operating across regions to address varying healthcare needs and regulatory environments. North America and Europe traditionally hold significant market shares, attributed to well-established healthcare infrastructures and high adoption rates of advanced medical technologies. However, emerging economies in Asia-Pacific and Latin America are increasingly contributing to market growth, driven by improving healthcare infrastructure, growing medical tourism, and rising awareness about the importance of blood safety and availability. Overall, the global blood processing and storage equipment market are poised for continued growth, driven by technological advancements, increasing healthcare expenditure, and growing demand for blood products worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Blood Processing and Storage Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Healthcare Expenditure
        3. Aging Population
        4. Rising Prevalence of Chronic Diseases
      2. Restraints
        1. Budget Constraints in Healthcare Systems
        2. Limited Access to Advanced Technologies in Developing Regions
        3. Regulatory Compliance Challenges
        4. High Cost of Blood Processing Equipment
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Portable and Point-of-Care Devices
        3. Advancements in Automation and Robotics
        4. Integration of Artificial Intelligence and Machine Learning
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Processing and Storage Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Freezers
      2. Refrigerators
      3. Warmers
      4. Analyzers
      5. Hematocrit Centrifuges
      6. Cell Processors
    2. Global Blood Processing and Storage Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Centers
      3. Blood Banks
      4. Others
    3. Global Blood Processing and Storage Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bio-Rad Laboratories
      2. bioMérieux SA
      3. Becton Dickinson and Company
      4. Danaher Corporation
      5. Roche Holdings AG
      6. Immucor Inc
      7. Grifols International
      8. Terumo Corporation
      9. Macopharma SA
      10. Beurer GmbH
      11. Haemonetics Corporation
  7. Analyst Views
  8. Future Outlook of the Market