Global Blood Processing Devices And Consumables Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Devices - [Cell Processors, Hematocrit Centrifuges, Blood Bank Refrigerators, Blood Bank Freezers, Grouping Analyzers & Warmers], Consumables - [Blood Coagulation Reagents, Blood Grouping Reagents, Hematology Reagents, Blood Administration Sets, Sedimentation Tubes, Blood Bags, Blood Collection Tubes, Blood Collection Needles, Blood Lancets, Blood Filters, Vials, Slide Stainer, Test Tube Racks, and Slides]By End Use;
Hospitals & Clinics, Diagnostic Laboratories, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Blood Processing Devices And Consumables Market (USD Million), 2021 - 2031
Blood Processing Devices And Consumables Market was valued at USD 44,545.58 million in the year 2024. The size of this market is expected to increase to USD 69,679.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.
Global Blood Processing Devices And Consumables Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 6.6 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 6.6 % |
Market Size (2024) | USD 44,545.58 Million |
Market Size (2031) | USD 69,679.50 Million |
Market Concentration | Medium |
Report Pages | 312 |
Major Players
- Terumo Corporation
- Fresenius SE & Co. KGaA (Fresenius Kabi)
- Haemonetics Corporation
- Becton, Dickinson and Company (BD)
- Grifols, S.A
- Abbott Laboratories
- Bio-Rad Laboratories, Inc
- Thermo Fisher Scientific Inc
- Macopharma SA
- Sysmex Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Blood Processing Devices And Consumables Market
Fragmented - Highly competitive market without dominant players
The Blood Processing Devices and Consumables Market is witnessing a steady rise driven by the need for secure and effective blood handling procedures. With a growing volume of transfusion procedures and donor testing, healthcare providers are focusing on tools that offer enhanced sterility and traceability. Currently, over 55% of medical centers prioritize advanced systems to reduce contamination and improve transfusion outcomes.
Innovation Driving Device Efficiency
Ongoing technological developments are transforming blood processing practices. Advanced tools now offer features like automated separation, real-time pathogen elimination, and filtration precision, significantly boosting clinical reliability. More than 40% of the latest consumables are equipped with smart monitoring systems, improving workflow efficiency and regulatory compliance across healthcare environments.
Stricter Regulations Fueling Market Growth
Tightening health regulations and heightened focus on transfusion safety have led to greater use of disposable systems and sterile consumables. Approximately 60% of clinics now depend on solutions that minimize infection risks and support safety protocols. This regulatory-driven trend is making single-use technologies a market standard.
Investment and Infrastructure Growth Supporting Demand
Significant upgrades in healthcare infrastructure, especially across diagnostic labs and transfusion units, are boosting the demand for advanced devices. Approximately 45% of labs have adopted digitally-enabled, automated solutions, signaling a clear shift toward efficient, scalable processing. This trend is paving the way for sustained market expansion in the coming years.
Global Blood Processing Devices And Consumables Market Recent Developments
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In May 2023, Terumo BCT introduced a next-generation platform, the Spectra Optia Apheresis System. This system is designed to improve patient care and streamline workflow in blood processing. This innovative system offers advanced features that improve the efficiency of apheresis procedures, allowing for better separation of blood components. Furthermore, the platform provides essential information on contraindications and potential patient reactions to transfused blood products.
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In July 2022, Rhinostics introduced another breakthrough in automated sample collection technologies with the launch of the patent-pending VERIstic Collection Device focused on small volume blood collection.
Segment Analysis
In this report, the Global Blood Processing Devices And Consumables Market has been segmented by Product, End Use, and Geography.
Global Blood Processing Devices And Consumables Market, Segmentation by Product
The Global Blood Processing Devices And Consumables Market has been segmented by Product into Devices and Consumables.
Devices
The Devices segment encompasses equipment like automated blood processing systems, centrifuges, and component separators designed to optimize blood collection, separation, and storage. These technologies are vital in ensuring precision and minimizing contamination during handling. Representing nearly 45% of the market, this segment benefits from rising global emphasis on automation and safety in medical settings.
Consumables
The Consumables segment includes essential items such as blood bags, filters, reagents, and lancets used in blood testing and processing workflows. This segment commands around 55% of the market, reflecting the constant and high-volume demand driven by growing transfusion rates and healthcare needs. Its repetitive usage makes it a dependable source of revenue for healthcare suppliers.
Global Blood Processing Devices And Consumables Market, Segmentation by End Use
The Global Blood Processing Devices And Consumables Market has been segmented by End Use into Hospitals and Clinics, Diagnostic Laboratories, Others.
Hospitals and Clinics
The Hospitals and Clinics segment dominates the blood processing devices and consumables market due to its essential role in patient care. These facilities rely on a wide range of equipment for blood transfusions, emergency care, and surgical procedures. Holding nearly 60% of the market, their consistent and large-scale usage ensures steady demand across both urban and rural healthcare settings.
Diagnostic Laboratories
The Diagnostic Laboratories segment represents a vital part of the market, focusing on blood testing, disease detection, and health monitoring. With growing global awareness around preventive healthcare, this segment accounts for around 30% of the market, supported by advances in laboratory automation and diagnostics technologies.
Others
The Others category includes blood banks, research centers, and mobile donation units that support both healthcare and scientific initiatives. Contributing roughly 10% to the market, these institutions play a key role in blood storage, research development, and community blood collection, especially during drives and outreach programs.
Global Blood Processing Devices And Consumables Market, Segmentation by Geography
In this report, the Global Blood Processing Devices And Consumables Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Global Blood Processing Devices And Consumables Market Share (%), by Geographical Region, 2024
North America
The North America region dominates the global blood processing devices and consumables market, backed by a strong healthcare infrastructure and widespread public awareness. With a market share of nearly 38%, this region benefits from robust government initiatives, frequent blood drives, and the early adoption of medical technologies.
Europe
The Europe segment holds a significant portion of the global market at around 26%, thanks to its well-regulated healthcare systems and advanced blood bank networks. Increased emphasis on blood safety standards and the integration of automated processing technologies further drive market growth in this region.
Asia Pacific
The Asia Pacific region is the fastest-growing market, currently accounting for about 22% of the global share. Rapid population growth, increased healthcare spending, and expanding diagnostic capabilities are fueling demand for blood processing devices and consumables across developing countries in the region.
Middle East and Africa
The Middle East and Africa segment, though smaller with an 8% share, shows promising potential. Ongoing improvements in medical infrastructure, rising health awareness, and increasing efforts to establish blood donation systems contribute to gradual growth in this region.
Latin America
The Latin America market represents roughly 6% of the global total. Driven by public health campaigns, growing blood testing needs, and healthcare modernization efforts—especially in Brazil and Mexico—the region is steadily adopting blood processing technologies.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Blood Processing Devices And Consumables Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
---|---|---|---|---|---|
Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunities Analysis
Drivers
- Growing blood donation and transfusion rates
- Rising demand for plasma-derived products
- Technological advances in blood separation
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Expansion of surgical and trauma care - The rapid expansion of surgical and trauma care services globally is a significant factor propelling the growth of the blood processing devices and consumables market. With an increase in surgical procedures and trauma incidents caused by accidents, chronic illnesses, and the aging population, the demand for advanced blood management solutions has surged. Healthcare facilities require efficient and reliable blood processing technologies to support timely transfusions, which are critical for patient survival.
Advancements in surgical methods, including minimally invasive techniques, have heightened the need for precise blood processing devices that minimize blood loss and enhance patient safety. These innovations directly contribute to improved surgical outcomes and quicker recovery times.
Growing investments in trauma care infrastructure, especially in emerging regions, boost the adoption of cutting-edge blood processing consumables. As hospitals modernize to meet increased demand, they increasingly rely on state-of-the-art blood handling equipment to maintain high standards of care. The surge in surgical and trauma cases worldwide underscores the critical role of blood processing technologies, driving consistent market growth and fostering innovation within the sector.
Restraints
- High cost of automated systems
- Complex regulatory and safety standards
- Storage and contamination risks
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Limited infrastructure in remote areas - Despite technological advancements, the market faces significant challenges due to limited healthcare infrastructure in rural and remote regions. Many such areas lack the necessary medical facilities, trained staff, and consistent power supplies needed to operate complex blood processing devices effectively, limiting their widespread use.
This infrastructural deficiency results in uneven access to essential blood management solutions, even where trauma care demand may be high. Moreover, shortages of skilled technicians and maintenance services often cause equipment downtime, undermining reliability and trust in these technologies.
High costs associated with sophisticated blood processing devices further restrict their availability, especially for smaller healthcare centers with constrained budgets. Consequently, many clinics still rely on outdated or manual blood handling methods that are less efficient and potentially riskier.
Bridging this gap requires developing affordable, easy-to-use technologies tailored for low-resource settings alongside concerted efforts to strengthen healthcare infrastructure in underserved locations, ensuring equitable access to vital blood processing solutions.
Opportunities
- Automation in blood component processing
- Expansion of mobile blood collection units
- Recyclable and eco-friendly consumables
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AI integration for blood inventory management - The incorporation of artificial intelligence (AI) in blood inventory management is revolutionizing the blood processing devices and consumables market. AI-enabled systems enhance efficiency by analyzing usage trends, predicting demand, and optimizing inventory levels in real time, which helps to reduce waste and prevent shortages.
Hospitals and blood banks benefit from AI-driven decision-making tools that streamline blood storage, handling, and distribution, ensuring critical blood products are available when required. This leads to better operational efficiency, cost savings, and improved patient care through timely transfusions.
Integration of AI with connected blood processing devices also facilitates predictive maintenance, reducing equipment downtime and improving reliability. Automated data collection and compliance reporting further enhance transparency and regulatory adherence within blood management workflows.
As healthcare providers adopt smart technologies, the combination of AI and blood processing devices is set to transform the industry. Companies investing in these innovations are positioned to gain a competitive advantage by delivering intelligent, efficient, and data-driven blood management solutions.
Competitive Landscape Analysis
Key players in Global Blood Processing Devices And Consumables Market include:
- Terumo Corporation
- Fresenius SE & Co. KGaA (Fresenius Kabi)
- Haemonetics Corporation
- Becton, Dickinson and Company (BD)
- Grifols, S.A
- Abbott Laboratories
- Bio-Rad Laboratories, Inc
- Thermo Fisher Scientific Inc
- Macopharma SA
- Sysmex Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Blood Processing Devices And Consumables Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing blood donation and transfusion rates
- Rising demand for plasma-derived products
- Technological advances in blood separation
- Expansion of surgical and trauma care
- Restraints
- Stringent Regulatory Requirements
- High Cost of Blood Processing Equipment
- Limited Availability of Skilled Personnel
- Concerns Regarding Blood Safety and Transfusion Risks
- Economic Constraints in Developing Countries
- Opportunities
- Automation in blood component processing
- Expansion of mobile blood collection units
- Recyclable and eco-friendly consumables
- AI integration for blood inventory management
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Blood Processing Devices And Consumables Market, By Product, 2021 - 2031 (USD Million)
- Devices
- Cell Processors
- Hematocrit Centrifuges
- Blood Bank Refrigerators
- Blood Bank Freezers
- Grouping Analyzers
- Warmers
- Consumables
- Blood Coagulation Reagents
- Blood Grouping Reagents
- Hematology Reagents
- Blood Administration Sets
- Sedimentation Tubes
- Blood Bags
- Blood Collection Tubes
- Blood Collection Needles
- Blood Lancets
- Blood Filters
- Vials
- Slide Stainer
- Test Tube Racks
- Slides
- Devices
- Global Blood Processing Devices And Consumables Market, By End Use, 2021 - 2031 (USD Million)
- Hospitals and Clinics
- Diagnostic Laboratories
- Others
- Global Blood Processing Devices And Consumables Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Blood Processing Devices And Consumables Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Terumo Corporation
- Fresenius SE & Co. KGaA (Fresenius Kabi)
- Haemonetics Corporation
- Becton, Dickinson and Company (BD)
- Grifols, S.A
- Abbott Laboratories
- Bio-Rad Laboratories, Inc
- Thermo Fisher Scientific Inc
- Macopharma SA
- Sysmex Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market