Global Blood Processing Devices and Consumables Market is Expected to Grow at a CAGR of 8.52% by 2020

About Blood Processing Devices and Consumables

Globally, blood processing devices and consumables are getting attention from various healthcare institutions and other medical facilities where blood storage and transfusion have been part of improved patient treatment. Cord blood processing is gaining critical importance for stem cell research as well as blood disease therapy and the limited availability of cord blood is an urgent market need. Electrically aided centrifugal technique and novel filter using gentle gravity-dependent flow techniques are gaining prominence for cord blood processing.

Technavio's analysts forecast the global blood processing devices and consumables market to grow at a CAGR of 8.52% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global blood processing devices and consumables market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of blood processing devices and consumables.

The market is divided into the following segments based on geography:

- Americas

- APAC

- EMEA

Technavio's report, Global Blood Processing Devices and Consumables Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.