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Global Artificial Blood Market is estimated to reach $10.73 billion by 2025
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Artificial Blood Market ď ľ
Global Artificial Blood Market is estimated to reach $10.73 billion by 2025; growing at a CAGR of 20.3% from 2017 to 2025. Artificial blood, also known as synthetic blood substitute or blood surrogate is a substance used as a replacement to biological blood. It is intended to offer an alternate to blood transfusion, transfer of blood or blood-based products from one to another individual. By use of artificial blood, it can be possible for doctors and surgeons to sidestep the risk of disease transmission and immune suppression and address the chronic blood donor shortage. Main aim of artificial blood use is transportation of oxygen and carbon dioxide across the body. In every year, thousands of people die due to blood loss during traumatic injuries & diseases. The increasing need of an alternate to overcome blood supply shortage & increased awareness and incidence of transfusion transmitted diseases led to the discovery of artificial blood substitutes.
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Artificial Blood Market
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Artificial Blood Market ď ľ
Key factors driving the growth of the global artificial blood market include need for an alternate to overcome blood supply shortage, lack of blood donors, growing demand for blood transfusion in cases like blood loss during surgeries, anemia, and trauma, and anemia, growing occurrence of disease looking for medical surgeries, and military wars & trauma cases. On the flip side, uncertainty & lower shelf life of artificial blood products and strict regulatory approval process may hamper the growth of the artificial blood market. Moreover, arrival of stem cell therapy would create new opportunities for players in this market.
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Artificial Blood Market ď ľ
The artificial blood market has been categorized on the basis of source, type, product, and geography. Source includes human blood, synthetic blood, and animal blood. By type, market is categorized into hemoglobinbased oxygen carriers (HBOCs), and perflurocarbon emulsions (PFCEs). Product includes hemospan, hemopure, polyheme, hemolink, hemotech, oxycyte, hemoassist, VIDAPHOR, PHER-O2, DDFPe, and sanguinate.
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Artificial Blood Market
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Artificial Blood Market ď ľ
Global artificial blood market, on the basis of geography is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
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Artificial Blood Market
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The key players operating in the market
Dextro-Sang Corporation
, BioPure Corporation
Sangart, Inc.
Northfield Laboratories Baxter International
Dentritech, Inc.
FluorO2 Therapeutics, Inc.
Nuvox Pharma Llc
Alpha Therapeutic Corporation HemoBioTech,
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The key takeaways from the report
The report will provide detailed analysis of Global Artificial Blood Market with respect to major segments such as source, type, and product
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Artificial Blood Market has been included in the report
Profile of the key players in the Global Artificial Blood Market will be provided, which include key financials, product & Synthetic Platelets, new developments and business strategies
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Scope of the Global Artificial Blood Market Source Segments
Human Blood
Synthetic Blood
Animal Blood
Type Segments
Hemoglobin-Based Oxygen Carriers (HBOCs)
Perflurocarbon Emulsions (PFCEs)
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Scope of the Global Artificial Blood Market Product Segments
HemoSpan
Hemopure
PolyHeme
HemoLink
HemoTech
Oxycyte
HemoAssist
VIDAPHOR
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Scope of the Global Artificial Blood Market Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Russia
Germany
France
Italy
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Scope of the Global Artificial Blood Market
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
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Artificial Blood Market
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Table of content
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global Artificial Blood Market Year-on-Year Growth, 2017 – 2025 (%)
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17 Table of content
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics 3.3.1 Drivers 3.3.1.1 Impact Analysis 3.3.2 Restraints 3.3.2.1 Impact Analysis 3.3.3 Opportunities ………………
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18 Table of content Chapter 8 Company Profiles
8.1 Dextro-Sang Corporation
8.2 BioPure Corporation
8.3 Sangart, Inc.
8.4 Northfield Laboratories
8.5 Baxter International
8.6 Dentritech, Inc.
8.7 FluorO2 Therapeutics, Inc.
8.8 Nuvox Pharma Llc
8.9 Alpha Therapeutic Corporation
8.10 HemoBioTech, Inc.
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About Variant Market Research ď ľ
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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