Artificial Blood Market Size, Growth Trends, Revenue, Future Plans and Forecast 2029


Posted July 4, 2023 by Karan-Maximize_123

The study on the artificial blood industry contains estimates based on extensive research as well as an estimation of the market's growth based on previous studies.
 
Artificial Blood Market : is expected to grow at a CAGR of 7% during the forecast period. Artificial Blood Market is expected to reach US$ 5.39 Mn. by 2029.

Artificial Blood Market Overview:

The study on the artificial blood industry contains estimates based on extensive research as well as an estimation of the market's growth based on previous studies. A thorough market analysis for the projection period of 2023 to 2029 is provided in the study. Artificial Blood Market The market is segmented into different groups with a detailed analysis of the rivals and a list of the important players who have been profiled. Therapure Biopharma Inc., Sanguine Biosciences, Northfield Laboratories Inc., Baxter Healthcare Corp., and Alliance Pharmaceutical are among the market's top competitors. Along with the market characteristics, such as the drivers and restraints, the market size is computed and presented for the study period in terms of revenue and volume.

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Market Scope:

In contrast to transfused blood, which takes around 24 hours to acquire full oxygen transport capacity due to 2, 3-diphosphoglycerate depletion, artificial blood enables for immediate full capacity oxygen transport. Additionally, until blood is normally restored, oxygen-carrying artificial blood substitutes allow for the natural restoration of lost red blood cells. During the forecast period, this will boost the worldwide artificial blood market. Artificial blood has two key benefits: it can be kept at room temperature and is held for a much longer time, which attracts the interest of professionals for additional research and development on artificial blood products.
In comparison to traditional blood transfusions, artificial blood has extra advantages, such as being safe to use, compatible with the human body, and able to carry and release oxygen when required.

Segmentation:

by Application :

• Cardiovascular Diseases

• Malignant Neoplasma

• Injuries

• Neonatal Conditions

• Organ Transplant

• Maternal Condition

Presence of numerous numbers of patients with cardiovascular diseases is driving the global artificial blood market by 2029. Cardiovascular diseases are the leading cause of death worldwide hence to save the life of patients, doctors mostly prefer artificial blood replacement in treatment and cure.

by Distribution Channel :

• Hospitals

• Clinics

• Blood banks

If a patient loses too much blood during a traumatic injury or a surgical operation, then artificial blood replacement therapy helps to restore normal blood circulation and reduce the risk of future heart attacks and strokes.

Artificial Blood Market : Research Methodology


Artificial Blood Market : Executive Summary
Market Overview and Definitions
Introduction to Artificial Blood Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry


Artificial Blood Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact


Artificial Blood Market Segmentation
Artificial Blood Market , by Application (2021-2029)
Artificial Blood Market , by Distribution Channel (2021-2029)


Artificial Blood Market (2021-2029)
Artificial Blood Market , by Application (2021-2029)
Artificial Blood Market , by Distribution Channel (2021-2029)
Artificial Blood Market , by Country (2021-2029)


Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Players:

• Therapure Biopharma Inc.

• Sanguine Biosciences

• Northfield Laboratories Inc.

• Baxter Healthcare Corp.

• Alliance Pharmaceutical

• FLUORO2 Therapeutics

• Alpha Therapeutic Corp.

• Kalocyte

• Hemarina

• Green Cross Corp.

• Biopure Corp

• Sangart Corporation



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Regional Analysis:

Artificial blood has become the mainstay of treatment for many cardiac lesions and anemic conditions in the growing pediatric population, due to favorable outcomes, better safety, and low risk of infection. The hemoglobin-based products gain popularity in the artificial blood market, as it shows the effective results in the closure of anatomic lesions, the use of artificial blood for maintaining vessel patency has expanded the spectrum of heart diseases that can be treated this way, while improving therapeutic technique.

COVID-19 Impact Analysis on Artificial Blood Market : The COVID-19 pandemic has had significant implications for various sectors of the economy worldwide, including the transportation and logistics industry. The tank container market, which involves the transportation of bulk liquids and gases, has also been affected by the pandemic in India.

Key Questions Answered in the Artificial Blood Market Report are:

1. Which region has the largest share in Global Artificial Blood Market?
Ans: Europe region held the highest share in 2022.
2. What is the growth rate of Global Artificial Blood Market?
Ans: The Global Artificial Blood Market is growing at a CAGR of 7% during forecasting period 2023-2029.
3. What is scope of the Global Artificial Blood Market report?
Ans: Global Artificial Blood Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Artificial Blood Market?
Ans: The important key players in the Global Artificial Blood Market are – Therapure Biopharma Inc.,Sanguine Biosciences,Northfield Laboratories Inc.,Baxter Healthcare Corp.,Alliance Pharmaceutical,FLUORO2 Therapeutics,Alpha Therapeutic Corp.,Kalocyte,Hemarina,Green Cross Corp.,Biopure Corp,Sangart Corporation
5. What is the study period of this Market?
Ans: The Global Artificial Blood Market is studied from 2022 to 2029.

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Issued By Karan
Country India
Categories Technology
Tags artificial blood market
Last Updated July 4, 2023