In the realm of peripheral vascular treatment, developments are being driven by a growing epidemic of diabetes and other lifestyle diseases that put patients at risk of critical limb ischemia (CLI). We are seeing an increased focus on the advancement of minimally invasive procedures such as angioplasty and atherectomy. Additionally,...
Discover more insightsThe modernization of blood typing and grouping methods has stimulated significant evolution in the Blood Banking sector. Typing, assessing blood and plasma for A, B, O, or AB, and Rh factor, is crucial to minimize transfusion reactions. Novel technologies are being adopted to enhance precision and speed, like Genome sequencing...
Discover more insightsThe international market for blood products encompasses diverse life-saving elements sourced from human blood, namely plasma, whole blood, white blood cells, red blood cells, and platelets. This industry, while operating in a niche healthcare sector, assumes significance due to the critical role of these products in various therapeutic and clinical...
Discover more insightsThe future of blood banking is perceived with evolving significance, driven by technological advancements, improved analytics and enhanced genetic testing. A paradigm shift towards automated systems heralds improved inventory management and process efficiency. Further, advancements such as cell-based therapies, stem cell storage, and platelet-rich plasma therapy are expected to open...
Discover more insightsThe blood banking industry relies heavily on key suppliers for the procurement of high-quality blood and ancillary components. These suppliers have a pivotal role in the industry; providing necessary equipment, accurate testing solutions, and facilitating storage and distribution. Their strategies significantly influence industry trends and developmental trajectories.
Discover more insightsIn the realm of medical supplies and services, the distribution of stakes in the blood banking sphere is of significant interest. Key players have emerged, amassing large market shares and thereby impacting the dynamics of the field. Industry giants such as the American Red Cross, Japan Red Cross Society, and...
Discover more insightsIn the current state, the blood banking and Nucleic Acid Testing (NAT) screening market present a robust outlook for adherence to stringent regulatory requisites globally. The industry's growth is hinged on technology progressions, increasing incidence of infectious diseases and a surging number of surgical procedures. However, it is facing notable...
Discover more insightsThe field of healthcare diagnostics has been witnessing significant growth with the adoption of occult blood testing. Globally, this market segment has been critical in non-invasive colorectal cancer screenings, guiding physicians towards early detection and timely treatment. Specifically, the fecal occult blood test (FOBT) has been prevalent due to its...
Discover more insightsThe blood banking sector, which includes a host of services like collection, testing, processing, storage, and distribution, has been seeing a surge in innovative practices. Particularly notable are the advancements in Immunohematology and Nucleic Acid Testing (NAT) product strategies. Amid a dynamic economic landscape, these developments yield numerous growth opportunities.
Discover more insightsThe primary driver for demand in the sector remains consistent; the need for organic fertilizers and animal feed. High protein content and rich source of amino acids are key to its popularity in animal feed supplements. This animal by-product also serves as a cornerstone to organic farming due to its...
Discover more insightsTransfusion medicine, a critical section of the healthcare market, has been undergoing significant transformation. Key stakeholders are witnessing changes wrought by technological advancements and regulatory shifts. These transformations directly influence supplier shares, inducing flux and encouraging strategic adaptations. Integral to this complex landscape are diverse and evolving sales segment forecasts...
Discover more insightsThe Platelet Rich Plasma (PRP) market is witnessing significant evolution, driven primarily by technological advancements and increased R&D activities in the biomedical field. The development of innovative techniques for platelet extraction, and the increased understanding about the healing potential of platelets are acting as key catalysts to this growth. Hospitals...
Discover more insightsSeveral key variables are set to contribute to the growth of the therapeutic plasma exchange market. The increasing prevalence of diseases requiring plasma exchange therapy, such as neurological and autoimmune disorders, indicates a broadening patient base. Complemented by advancements in the medical and healthcare sectors, especially in emerging nations, this...
Discover more insightsRecent analyses of the blood banking sector indicate several trends influencing its trajectory. Heightened interest in personalized medicine and targeted therapies is propelling demand for blood products and, indeed, the entire sector. Further, the advent of emergent technologies for blood storage, collection, and processing indicates a sway towards increased efficiency...
Discover more insightsFaced with global challenges, from economic uncertainty and regulatory hurdles, to technological drifts and pandemics such as COVID-19, the US blood banking sector is compelled to adapt and innovate. Despite the adverse circumstances, opportunities for growth exist by capitalizing on technological advancements and strategic collaborations. Automation in blood screening and...
Discover more insightsImmunohematology plays a crucial role in advancing the field of transfusion medicine. Its focus on antigens and antibodies in the blood places it at the fulcrum of ensuring successful blood transfusions. Advancements in immunohematological techniques not only increase transfusion safety but also enhance the precision of donor-recipient matching and disease...
Discover more insightsTransfusion Medicine, a crucial discipline in healthcare, has been shaped by a discernible group of leading suppliers. These companies, often global, have established dominance through continuous product innovation, strong supply chains, and robust market strategies. Their contribution is crucial to advancements in this medical segment, particularly in areas such as...
Discover more insightsThe global blood gas market is fueled by multiple influential players who have leveraged cutting-edge technologies and innovative product portfolios. Companies such as Abbott Laboratories, Siemens Healthineers, and Medtronic are key market contenders, however, up-and-coming firms are catalyzing market dynamics, further intensifying competitiveness.
Discover more insightsThe global blood banking and blood products sector is presently propelled by an oligopoly of primary manufacturers. They exert significant influence on market dynamics, which contributes to their dominant market share. Companies such as Abbott Laboratories, Fresenius Kabi, Haemonetics Corporation, Immucor Inc., and Terumo Corporation, among others, increase their market...
Discover more insightsAccording to several market studies, the global industry for vials is currently experiencing a significant growth surge. Primary drivers behind this growth can be attributed to a couple of key factors. First, a booming pharmaceutical industry worldwide has created a greater need for vials for drug storage, thereby pushing up...
Discover more insightsThe global market for Platelet Rich Plasma (PRP) is driven by diverse factors. An ageing population suffering from musculoskeletal disorders, increased demand for minimally invasive procedures paired with high technological advancements, and growing awareness of PRP applications beyond orthopedics, particularly in cosmetic and aesthetic surgeries, undergird the market's growth potential.
Discover more insightsBody fluid analysis has taken a significant leap in recent years due to the integration of cutting-edge technology. Techniques such as next-generation sequencing and high-throughput screening have been instrumental in decoding complex diseases at a molecular level. This allows for early detection of a plethora of diseases, including those which...
Discover more insightsGrowing appreciation for disposable blood bags has been powered by significant advances in healthcare technology, concomitant with a greater impetus on risk management in clinical settings. Demand is expected to bolster further as healthcare providers transition from conventional glass bottles to these innovative, cost-effective and safe solutions for blood storage...
Discover more insightsThe market of severe peripheral artery disease, commonly known as critical limb ischemia (CLI), is witnessing a transformation. The shift is led by advancements in healthcare infrastructure, the advent of innovative therapeutics, and a growing awareness of CLI's high-risk health effects. CLI treatment has seen innovations such as hybrid revascularization,...
Discover more insightsThe vacuum blood collection tube market has experienced substantial growth due to factors including technological advancements, increasing prevalence of chronic diseases, and a growing emphasis on health and hygiene. Technological progression plays a major role as innovations in tube materials and designs provide healthcare professionals with the ability to efficiently...
Discover more insightsThe blood preparation market is influenced by multiple factors. On the one hand, the growing prevalence of blood-related disorders and advancement in technology associated with blood components extraction and separation are fueling the market growth. On the other hand, increasing global geriatric population along with the growing incidences of lifestyle...
Discover more insightsThe demand for undetected blood tests, commonly known as Occult Blood Tests (OBT), has experienced an uptick in recent years. Driving this trend are global health concerns related to lifestyle-induced illnesses and an aging population. Technological advancements have further catapulated the utilization of OBTs across various medical disciplines, as non-invasive...
Discover more insightsThe introduction and advancement of Dried Blood Spot (DBS) technology present a significant innovation within the healthcare diagnostics sector. This method involves the collection of small volumes of blood via a simple finger prick, which are then deposited onto a specially designed card. It offers a minimally invasive, cost-effective, and...
Discover more insightsKey market trends reflect an increased demand for virology specimen collection products and services. This is primarily shaped by the ongoing advancements in medical technology and epidemiological studies. Additionally, there is a growing emphasis on preventative healthcare worldwide. Subsequently, this results in higher demand for early and accurate diagnosis, ultimately...
Discover more insightsIn recent times, the field of diagnostics is experiencing a remarkable innovation phase, particularly in the area related to blood collection and sampling devices. The global market for these devices is anticipated to grow significantly due to continuous technological advancements and growing healthcare expenditure worldwide. Interestingly, market expansion is further...
Discover more insights