The Blood Preparation Global Market Report 2023, provides comprehensive information on the blood preparation market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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In accordance with The Business Research Company’s comprehensive Blood Preparation Global Market Report for 2023, the anticipated trajectory of the global blood preparation market unveils a noteworthy expansion. Forecasts indicate a substantial ascent from the recorded $41.34 billion in 2022 to an estimated $44.46 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 7.5%. However, it is imperative to acknowledge the perturbations caused by the Russia-Ukraine conflict, which, regrettably, has disrupted global economic recovery efforts in the aftermath of the COVID-19 pandemic. This geopolitical turmoil has triggered widespread economic sanctions, intensified commodity prices, and instigated disruptions in supply chains, thereby catalyzing inflationary pressures across diverse sectors worldwide. Despite these challenges, the global blood preparation market is poised to exhibit resilience, with projections indicating a further surge to $57.11 billion by 2027, characterized by a sustained CAGR of 6.5%.

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In the dynamic landscape of the blood preparation market, the ascendancy of technological innovations emerges as a pivotal trend. Prominent enterprises within this domain are diligently directing their efforts towards pioneering technological solutions to fortify their market standing. A noteworthy example unfolded in April 2021 when EryPharm, a distinguished biopharmaceutical entity based in France, heralded a groundbreaking development— the large-scale manufacture of red blood cells (RBCs) through the utilization of hematopoietic stem cells (HSC). This technological stride represents a monumental scientific achievement, enabling the mass production of cultured red blood cells to serve as a progressive reservoir for blood transfusions. The advent of such medical technology holds profound implications for enhancing the quality of life among multi-transfused patients grappling with hereditary or acquired disorders specific to red blood cells. Significantly, this heralds a paradigm shift by offering an alternative source for blood transfusions, seamlessly complementing conventional blood donation practices. The strides in technology not only exemplify the evolution of medical science but also underscore a transformative approach in addressing healthcare challenges, marking a pivotal moment in the trajectory of blood preparation methodologies.

The blood preparation market is segmented:
1) By Product: Whole Blood, Blood Components, Blood Derivatives
2) By Antithrombotic And Anticoagulants Type: Platelet Aggregation Inhibitors, Fibrinolytics, Anticoagulants
3) By Application: Transfusion, Diagnostics, Research
4) By End User: Hospitals, Clinics, Blood Banks, Other End-Users

North America was the largest region in the blood preparation market in 2022.

The table of contents in TBRC’s blood preparation market report includes:

1. Executive Summary

2. Blood Preparation Market Characteristics

3. Blood Preparation Market Trends And Strategies

4. Blood Preparation Market - Macro Economic Scenario

5. Blood Preparation Market Size And Growth

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26. Africa Blood Preparation Market

27. Blood Preparation Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Blood Preparation Market

29. Blood Preparation Market Future Outlook and Potential Analysis

30. Appendix

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