The global Patient Blood Management (PBM) market size is expected to reach USD 27.15 Billion in 2032 and register a steady revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing frequency of target diseases, such as anemia and iron deficiency, is a major factor driving market revenue growth. For instance, the important public health issue of anemia disproportionately affects young children and expectant mothers. According to World Health Organization (WHO) statistics, anemia affects 40% of pregnant women and 42% of children under the age of five globally. PBM mainly detects patients who need blood transfusions and offers a management strategy aiming at lowering or eliminating risk of anemia and requirement for allogeneic transfusion, hence lowering inherent hazards, inventory pressures, and rising costs related to transfusion, driving market revenue growth.
The current COVID-19 pandemic is expected to have an effect on the growth of the Patient Blood Management industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Patient Blood Management sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Patient Blood Management industry.
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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