Blood Component Extractors Market Size, Share, Growth, and Industry Analysis, By Type (Intermittent Type Blood Component Extractors, Continuous Type Blood Component Extractors), By Application (Hospitals, Blood Centres, Others) and Regional Forecast to 2033

BLOOD COMPONENT EXTRACTORS MARKET REPORT OVERVIEW

The global Blood Component Extractors Market is poised for significant growth, starting at USD 0.2 billion in 2024, rising to USD 0.21 billion in 2025, and projected to reach USD 0.31 billion by 2033, with a CAGR of 5.2% from 2025 to 2033.

These machines assist in segregating blood into its components i.e. RBC’s, plasma and platelets using micro controller based technology that usually provide about 99% accuracy which can then be utilised in hospitals or blood banks for blood transfusions, surgeries, to manufacture antibodies.

COVID-19 Impact: Market Growth Promoted By Pandemic Due To Rising Demand For Plasma and Blood Transfusions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the increasing need for health-promoting products.

Due to the exponential rise in COVID-19 cases the demand for blood required for transfusions and substances like plasma rose due to their use in antibody manufacturing and this consequently led to a rise in Blood Component Extractor Market Size.

LATEST TRENDS

"Automation of systems help boost market growth"

One of the recent trends in this market is the automation of blood extraction technique and system which has significantly improved the efficiency of blood extraction process. There is a huge and increased need for these automated systems as they are well-equipped to extract multiple components from a single donation, which result into reduced amount of time and resources that are required for the extraction process. Hospitals and blood banks utilize these systems to ensure a faster, more efficient blood storage. They are also utilized for the purpose of transfusion systems and other blood transfusion processes.

BLOOD COMPONENT EXTRACTOR MARKET SEGMENTATION

By Type

• Intermittent Type Blood Component Extractors: Also known as batch type extractors they collect blood components in small batches. These systems are easy to clean and operate, Require less maintenance and require less space
• Continuous Type Blood Component Extractors: These systems are designed for high blood supply such as from hospitals which need a continuous supply chain of blood components. They are automated and hence more efficient and fast, have higher throughput and require less operator intervention.

By Application

• Blood Centres: Blood Centres need to store blood components in case of emergency situations such as accidents and also in case of blood related disorders like haemophilia and leukaemia where patients would require regular blood transfusions.
• Hospitals: Blood components like RBC’s plasma and platelets can be used in hospitals for surgeries, blood transfusions and lab testing.

DRIVING FACTORS

"Rise in number of pandemics and chronic illnesses boosts market growth"

One of the driving factors guaranteed to boost Blood Component Extractor Market Growth is the rise in the number of pandemics and chronic illnesses and consequently the rising demand for blood extraction products such as plasma and platelets for antibody production, blood transfusion, laboratory testing, surgeries and such.

"Automation of systems and technological advancements boosts market growth"

Secondly the automation of these systems along with technological advancements that ensure safer, more efficient and user friendly processing techniques is also a market growth driver. Some automatic blood component extractors now come with integrated safety features and software programs to enhance the accuracy and efficiency of blood component separation.

RESTRAINING FACTOR

"High Installation And Maintenance Costs Impede Market Growth"

A factor that may impede market growth growth is the high installation and maintenance cost of this equipment which coupled with the lack of knowledgeable and skilled operating personnel makes it an unprofitable investment for many establishments.

BLOOD COMPONENT EXTRACTOR MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America To Dominate The Market Due To Increasing Number Of Blood Related Disorders And Technological Advancements"

North America holds a large portion of Blood Component Extractor Market Share due to the increasing prevalence of blood related disorders, lifestyle related disorders, technological advancements in the medical sector and rising investment in research into the blood component extractor field.

KEY INDUSTRY PLAYERS

Major industry players are pivotal in shaping the distribution system market, driving change through a dual strategy of continuous innovation and a well-thought-out global presence. By consistently introducing inventive solutions and staying at the forefront of technological progress, these key players redefine the industry's standards. Simultaneously, their expansive global reach enables effective market penetration, addressing diverse needs across borders. The seamless blend of groundbreaking innovation and a strategic international footprint positions these players as not only market leaders but also as architects of transformative shifts within the dynamic domain of the distribution system.

List of Market Players Profiled

• Fresenius (Germany)
• Haemonetics (US)
• Terumo BCT (US)
• Delcon (Italy)
• Nigale (China)
• Lmb Technologie GmbH (Germany)

INDUSTRIAL DEVELOPMENT

The company Fresenius Kabi has come out with the Aurora Plasma Collection System. It is an easy-to-use system with an interactive touch screen display and new data management technology to streamline procedures and improve both the operator and donor experience. Its key features include an interactive icon-driven colour touch screen display , a DXT Relay integrated and compatible with centre data management software, an enhanced donor display and a patented spinning membrane technology.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global blood component extractor market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.