Blood Preparation Market size projected to grow at around 4% CAGR between 2016 and 2023

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Blood Preparation Market size projected to grow
at around 4 CAGR between 2016 and 2023 Global
Market Insights Inc.
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Regional Analysis of Blood Preparation Market

• The global blood preparation market is divided
  into various segments based on product,
  anti-coagulant and anti-thrombotics types and
  their applications.
• North America was the largest regional segment
  and was estimated at over USD 24 billion in 2015.
• Asia Pacific blood preparation market share is
  estimated to exhibit the fastest growth rate till
  2023, driven by positive government initiatives,
  growing healthcare infrastructure in Australia
  and Japan, and untapped growth potential in
  densely populated countries such as India and
  China.

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Application Analysis of Blood Preparation Market

• Growing demand for blood transfusion and other
  components owing to the rising number of patients
  in emergency departments is forecast to drive
  growth.
• Increase in occurrence of disorders such as
  thrombocytosis globally along with a requirement
  of blood during surgical procedures, accidents
  and treatment of diseases are also major industry
  drivers.
• The development of high speed and efficient
  technology for separation of blood components
  without losing their activity will drive growth.
• Key drugs such as Urokinase being relaunched in
  the North American region, launch of new oral
  anti-coagulants and commercialization of new
  drugs, growing geriatric population and
  increasing healthcare expenditures along with
  considerable untapped opportunities will also
  fuel blood preparation market growth.

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Competitive Market Share of Blood Preparation
Market

• The direct factor Xa inhibitor market comprising
  of newly introduced oral products such as
  Eliquis, Savayasa and Xarelto is projected to
  witness high growth in the coming years.
• Major players in the blood preparation market
  include pharma companies such as Pfizer Inc.,
  GlaxoSmithKline PLC, Leo Pharma Inc., Sanofi
  Aventis, Celgene Corp, Baxter Healthcare Corp.,
  Bristol-Myers Squibb Co., Shandong East Chemical
  Industry Co. and AstraZeneca Co. Being a
  technology driven industry, companies invest
  heavily in RD to develop new, cost effective and
  efficient drugs for the treatment of various
  disorders.

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