The Business Research Company’s latest report Patient Blood Management Global Market Report 2020 covers Patient Blood Management market drivers, Patient Blood Management market trends, Patient Blood Management market segments, Patient Blood Management market growth rate, Patient Blood Management market major players, and Patient Blood Management market size. The report provides in-depth analysis of the impact of COVID-19 on the Patient Blood Management industry, along with revised market numbers due to the effects of the coronavirus.
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Patient Blood Management Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global patient blood management market is expected to decline from $10.2 billion in 2019 to $9.95 billion in 2020 at a compound annual growth rate (CAGR) of -2.42%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The postponement of non-essential surgical procedures due to the COVID 19 lockdown also impacted the market in 2020. The market is then expected to recover and reach $12.63 billion in 2023 at a CAGR of 8.28%.
The report covers the Patient Blood Management market’s segments-
1) By Product: Instruments, Accessories, Reagents And Kits, Softwares.
2) By Component: Plasma, Whole Blood, Red Blood Cells.
3) By Application: Hospital, Clinic, Others.
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