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Blood Temperature Indicator Market 

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According to our new research study on Blood Temperature Indicator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type and End User,” the market is expected to grow from US$ 216.05 million in 2021 to US$ 504.37 million by 2028; it is estimated to grow at a CAGR of 12.9% from 2021 to 2028. The blood temperature indicator market growth is attributed to the accuracy of blood temperature indicators and the rising blood transfusion and donations. – PowerPoint PPT presentation

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Title: Blood Temperature Indicator Market 


1
Blood Temperature Indicator Market 
Blood Temperature Indicator Market Forecast to
2028 - COVID-19 Impact and Global Analysis By
Product Type (2C to 4C, 5C to 7C, and Above
7C) and End User (Hospitals, Blood Banks, and
Others)
2
Current and future Market Scenario
Blood Temperature Indicator Market 
  • According to our new research study on Blood
    Temperature Indicator Market Forecast to 2028
    COVID-19 Impact and Global Analysis by Product
    Type and End User, the market is expected to
    grow from US 216.05 million in 2021 to US
    504.37 million by 2028 it is estimated to grow
    at a CAGR of 12.9 from 2021 to 2028. The blood
    temperature indicator market growth is attributed
    to the accuracy of blood temperature indicators
    and the rising blood transfusion and donations.
  • North America accounted for a significant market
    share in the blood temperature indicator market.
    The growth of the market in countries such as the
    US and Canada is driven by factors, including the
    high prevalence rate of chronic conditions, such
    as cancer and sickle cell anemia, and the surge
    in surgical and trauma cases. Moreover, the rise
    in blood banks and blood donation has created the
    demand for cold chains for blood to ensure its
    effective storage and transportation to avoid
    wastage, fueling the need for blood temperature
    indicators.

3
Key Findings
  • Increase in Blood Transfusion and Donation
    Fuelling Blood Temperature Indicator Market
    Growth
  • Blood transfusion is one of the commonly used
    procedures in healthcare, which helps maintain
    the blood level of patients. There are various
    chronic conditions, surgical procedures, and
    trauma cases that require blood transfusion so
    that patients can survive without any side
    effects due to low blood levels. Medical
    conditions, including thalassemia, blood cancer,
    sickle cell anemia, anemia, and surgical and
    trauma cases, lead to blood loss and require a
    blood transfusion. According to the American Red
    Cross organization, 16 million blood components
    are transfused each year in the US. Further,
    sickle cell anemia affects 90,000-100,000 people
    in the US 1,000 babies are born with this
    disease each year. Thus, the increasing
    prevalence of chronic diseases has created the
    demand for blood transfusion, which is expected
    to propel the growth of the blood temperature
    indicator market.
  • Various government and non-government
    organizations create awareness among people
    regarding blood donation to fulfill the
    increasing demand for blood. In association with
    World Health Organization, the Pan American
    Health Organization conducts a blood donation
    campaign on 14 June every year, celebrated as
    world blood donor day. Therefore, high public
    awareness led to increased blood donation
    globally. As per WHO, in 2020, 118.4 million
    blood donations were collected globally.
    Furthermore, 40 were collected in high-income
    countries, home to 16 of the worlds
    population. Thus, increasing blood transfusion,
    blood donation, and rising demand for safe
    transportation of blood and its component creates
    demand for blood temperature indicators, which
    drives the market growth

4
Market Segments
Blood Temperature Indicator Market   
  • By Product Type
  • 2C to 4C,
  • 5C to 7C,
  • Above 7C

By Geography North America Europe Asia Pacific
(APAC) Others
  • End User
  • Hospitals,
  • Blood Banks, and
  • Others

5
Dominating Segments
  • Based on product type, the blood temperature
    indicator market is segmented into 2C to 4C,
    5C to 7C, and above 7C. Based on end user, the
    blood temperature indicator market is segmented
    into hospitals, blood banks, and others. Based on
    geography, the market is segmented into North
    America (the US, Canada, and Mexico), Europe
    (France, Germany, the UK, Spain, Italy, and the
    Rest of Europe), Asia Pacific (China, India,
    Japan, Australia, South Korea, and the Rest of
    APAC), the Middle East Africa (Saudi Arabia,
    the UAE, South Africa, and the Rest of MEA), and
    South Central America (Brazil, Argentina, and
    the Rest of SAM).
  • Impact of COVID-19 Pandemic on Blood Temperature
    Indicator Market
  • During the initial surge in the COVID-19
    pandemic, healthcare systems in the US quickly
    adapted to reduce disease transmission and
    reserve capacity for the infected patients.
    Although elective and non-urgent procedures were
    initially required to be delayed, prolonged
    delays or cancellations could have led to other
    public health crises due to preventable chronic
    diseases. To prevent the spread of SARS-CoV-2,
    the government has restricted blood donation
    until further notice and imposed safety measures.
    Moreover, the closing of production units and
    disruption in the supply chain has hampered the
    blood temperature indicator market RS1 PS2
    growth.
  • Download PDF Brochure - https//www.theinsightpart
    ners.com/sample/TIPRE00008207/

6
Leading Players
Blood Temperature Indicator Market  
Company Profiles in Blood Temperature Indicator
Market are Elitech Thermo Fisher Scientific
Inc. Sercalia Ellab Group Zebra Technologies
Corporation Lisaline Lifesciences
Technologies Stream Peak International PTE
Ltd 3M DeltaTrak Inc TimeStrip UK Ltd
7
REGIONAL FRAMEWORK
REGIONAL FRAMEWORK
8
Blood Temperature Indicator Market  
Access Full Research Report at
https//www.theinsightpartners.com/reports/blood-t
emperature-indicator-market
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