Blood Bank and Plasma Freezer Market to Grow at CAGR of 5.76% through 2030
Rise in blood
donation campaigns and awareness about the importance of preserving blood
components is expected to drive the Global Blood Bank And Plasma Freezer Market
growth in the forecast period, 2026-2030.
According to
TechSci Research report, “Blood Bank And Plasma Freezer Market – Global Industry
Size, Share, Trends, Competition, Forecast & Opportunities, 2020-2030F”,
the Global Blood Bank And Plasma Freezer Market stood at USD 92.18 Million in 2024 and
is expected to reach USD 129.30 Million by 2030 with a CAGR of 5.76% during the
forecast period.
The Global Blood
Bank and Plasma Freezer Market is witnessing significant growth due to the
increasing demand for safe and reliable storage solutions for blood and plasma
products. As healthcare systems worldwide continue to prioritize patient care
and blood safety, the role of blood bank and plasma freezers has become
critical. These specialized refrigeration systems are vital for maintaining the
integrity of blood components, ensuring that they are preserved for use in
emergency care, surgeries, and treatments for various medical conditions, such
as blood disorders, hemophilia, cancer, and trauma.
One of the key
drivers of the market is the rising demand for blood and plasma-based
therapies, particularly as chronic diseases and blood-related disorders become
more prevalent globally. Plasma, in particular, is in high demand for the
treatment of diseases that require clotting factor therapies, immunodeficiency
treatments, and therapeutic use in patients suffering from autoimmune
disorders. The increasing need for plasma storage in hospitals, blood banks,
and plasma collection centers is one of the main factors propelling market
growth. Blood plasma can be stored for extended periods if kept at ultra-low
temperatures, typically between -20° and -40° Celsius, ensuring that it remains
viable for use in various medical applications.
In addition to
the demand for blood and plasma storage, advancements in freezing technology
have driven the market for blood bank and plasma freezers. Modern freezing
systems offer improved temperature control, energy efficiency, and
environmental sustainability, addressing the growing need for both performance
and cost-effectiveness. Technological innovations, such as the integration of
automated monitoring and temperature control systems, have further enhanced the
reliability and safety of these storage solutions. These automated systems
ensure that blood and plasma products are kept at the ideal temperatures,
reducing the risk of spoilage and improving overall operational efficiency.
The regulatory
environment also plays a significant role in shaping the market for blood bank
and plasma freezers. Strict standards set by organizations such as the U.S.
Food and Drug Administration (FDA) and the World Health Organization (WHO)
require blood banks and healthcare facilities to adhere to stringent guidelines
when it comes to blood storage and handling. These regulations ensure that
blood and plasma products are stored in optimal conditions to avoid
contamination or deterioration. As regulations become more stringent and
healthcare providers aim to comply with them, the need for high-quality,
reliable freezer systems continues to rise.
The aging
population worldwide is another contributing factor to the growth of the
market. As people age, the incidence of chronic conditions such as cancer,
anemia, and heart disease increases, leading to a higher demand for blood
transfusions and plasma products. The elderly population, being more
susceptible to health complications, requires frequent blood transfusions and
clotting factor treatments, thus increasing the need for effective blood
storage systems. Hospitals and healthcare centers that cater to these
populations require robust and advanced blood bank and plasma freezer systems
to ensure the availability of blood products for their patients.
The market is
also seeing increasing investment in blood collection and donation centers,
which play a vital role in supporting the storage and distribution of blood.
Blood donation drives, especially in developed nations, contribute to a higher
volume of donated blood that needs to be stored safely and securely. The growth
of these blood donation centers, combined with the increased adoption of
technologies for freezing and storing blood products, directly impacts the
demand for blood bank and plasma freezers.
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"Global Blood Bank And Plasma Freezer Market”
The Global Blood
Bank And Plasma Freezer Market is segmented into type, application, regional
distribution, and company.
Based on type, the
-20° to -40° Celsius storage provides the longevity needed for frozen blood
plasma, which may be stored for longer durations before being thawed for
therapeutic use. This temperature range is particularly essential for long-term
plasma storage and is widely employed in plasma collection centers and
specialty hospitals involved in the treatment of blood disorders, such as
hemophilia, which requires a regular supply of clotting factors. These plasma
products need to be stored in a way that preserves their biochemical
properties, including the integrity of proteins and clotting factors, which are
susceptible to damage if stored at higher temperatures.
The market trend
is increasingly leaning towards investing in -20° to -40° Celsius freezers due
to the rising demand for plasma therapies globally. The increased incidence of
chronic diseases, aging populations, and the demand for blood plasma for drug
development and clinical research are pushing the need for extended plasma
storage capabilities.
Based on region,
the Asia Pacific region is the second-dominant player in the Blood Bank and
Plasma Freezer Market after North America, and its market share is growing
rapidly. The region’s expansion can be attributed to various factors, including
the increasing demand for healthcare services, rising awareness about the
importance of safe blood storage, and rapid advancements in medical technology.
Asia Pacific is home to some of the world's most populous countries, such as
China, India, and Japan, where the demand for blood and plasma products is on
the rise due to an aging population and a growing burden of chronic diseases.
As healthcare systems in these countries continue to improve, there is an
escalating need for advanced blood bank and plasma freezer solutions to meet
the growing demand for blood products and their proper storage.
Healthcare
investments in Asia Pacific are increasing steadily, with both public and
private sectors allocating more funds to improve healthcare infrastructure.
This surge in investment is leading to a growing number of hospitals, blood
banks, and plasma collection centers, all of which require high-quality freezer
systems to store blood products safely and efficiently. As these countries seek
to strengthen their healthcare infrastructure, the demand for reliable and
efficient blood storage solutions is becoming more pronounced. Blood banks,
which are critical for blood donation drives, emergency situations, and routine
medical procedures, need plasma freezers that meet international standards for
temperature control and energy efficiency. A significant factor contributing to
the growth of the market in the Asia Pacific region is the rising prevalence of
blood disorders such as hemophilia, thalassemia, and anemia. The incidence of
cancer is also on the rise in countries like China and India, driving the need
for blood transfusions and plasma therapies. Plasma is essential for treating
clotting disorders, and the growing demand for plasma-derived therapies in Asia
Pacific further accelerates the need for specialized storage solutions. The
increasing number of people requiring surgical interventions, especially in
countries with large populations, places additional pressure on blood banks to
maintain a stable and reliable supply of blood products.
Major companies
operating in Global Blood Bank And Plasma Freezer Market are:
- Biobase Biodusty(Shandong), Co.,
Ltd.
- Fiocchetti Scientific S.R.L.
- Infitek Co., Ltd.
- Zhongke Meiling Cryogenics Co.,Ltd
- Newtronic Lifecare Equipment Pvt Ltd
- NuAire, Inc
- Thermo Fisher Scientific Inc.
- Synnovis Group LLP
- F. Hoffmann-La Roche Ltd.
- Beckman Coulter, Inc.
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“The Global
Blood Bank and Plasma Freezer Market is poised for substantial growth, driven
by increasing demand for blood and plasma products due to a rising global
incidence of chronic diseases, blood disorders, and an aging population. As
healthcare infrastructure improves worldwide, especially in emerging markets,
the need for advanced and reliable blood storage systems will continue to rise.
Innovations in freezer technologies, such as energy-efficient systems,
temperature control automation, and eco-friendly solutions, will enhance
storage capabilities while reducing operational costs. Stringent regulatory
standards and increasing awareness of blood safety will further fuel demand for
high-quality plasma freezers. Overall, the market will expand as healthcare
facilities invest in cutting-edge technologies to ensure the safe preservation
of blood products for therapeutic use”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Blood Bank And Plasma Freezer Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (2° to 6° and
-20° to -40°), By Application (Hospitals, Blood Bank, Others), By
Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Blood Bank And Plasma Freezer Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Blood Bank And Plasma Freezer Market.
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