Rising Incidence of Blood Disorders & Growing Economic Burden of Patient Safety Targets Doubles the Emphasis on Product Safety Innovations in the Blood Collection & Processing Supplies Market
Centrality of handling blood products in healthcare; aging population, rising incidence of blood disorders, increase in blood donations, growing number of surgeries requiring blood transfusions and the resulting economic and financial burden of safe handling of blood samples and products are poised to drive the global market for Blood Collection and Processing Supplies to reach US$15.2 billion by 2024 . These factors throw the focus on improved blood management techniques and thereby the industry’s focus on developing innovative products that enhance safety of care givers and patients. The global blood collection and processing supplies market is driven by a host of factors, including growing incidence of diseases, such as cancer and sickle cell anemia; growing aging population; increase in number of complex surgeries such as organ transplantation and stem cell therapy; technological advancements; and strong promotional campaigns undertaken by various collection agencies worldwi...