Blood Processing Devices And Consumables Market Size, Share And Growth Analysis

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The Global Blood Processing Devices and Consumables Market was valued at USD 32,337Million in 2020 and is anticipated to grow at USD 59,113 Million till 2027 recording a CAGR of  9% during the forecast period 2021-2027. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.

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Blood processing devices and consumables market is propelled by the growing transmission of illnesses either through blood donation or blood transfusion. Moreover, donation, growing awareness in suitable management of blood during the transfusion and technological developments in processing devices and blood storage are anticipated to fuel the market growth.

Global Blood Processing Devices And Consumables Market Segmentation
1) By Product: Blood Cell Processors, Blood Grouping Analyzers, Blood Bank Freezers and Refrigerators, Blood Warmers, Hematocrit Centrifuges, Others
2) Blood Processing Consumables: Blood Grouping Reagents, Slides, Blood Administration Sets, Coagulation Reagents, Blood Filters, Blood Lancets, Blood Bags, Blood Collection Tubes, Sedimentation Tubes, Others
3) By End-Users: Hospitals, Clinics, Blood Banks, Research Centers, Others
4) By Geography: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

North America is going to witness larger share in the market due to the factors like growing awareness among people about blood infectious illnesses and increase in research and development in blood and blood products.

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some major industry players working in Blood Processing Devices and Consumables Market, which include Woodley Equipment Company Ltd. (UK), Becton, Dickinson and Company (U.S.), Abbott Laboratories (U.S.), BioMérieux (France), Thermo Fisher Scientific (U.S.), Bio-Rad Laboratories (U.S.), Beckman Coulter Inc. (U.S.), Grifols, S.A. (Spain), Fresenius SE & Co. KGaA (Fenwal) (Germany), and  F. Hoffmann-La Roche AG (Switzerland).

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