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US Patient Blood Management Market

ID: MRFR/HC/17946-HCR
100 Pages
Garvit Vyas
October 2025

United States Patient Blood Management Market Research Report By Product (Instruments, Accessories, Reagents and Kits, Software) By End-User (Blood Banks, Hospitals, Diagnostic Clinics, Pathology Labs) By Component (Whole Blood, Plasma) - Forecast to 2035

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US Patient Blood Management Market Summary

As per MRFR analysis, the US Patient Blood Management Market Size was estimated at 2110.0 USD Million in 2024. The US is projected to experience growth from 2243.35 USD Million in 2025 to 4140.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.32% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US patient blood-management market is experiencing a transformative shift driven by technological advancements and a focus on patient safety.

  • Technological advancements are enhancing blood management systems, leading to improved efficiency and patient outcomes.
  • Regulatory influence is shaping the market, with stringent accreditation requirements driving compliance and innovation.
  • Educational initiatives are increasing awareness among healthcare professionals about blood conservation strategies and best practices.
  • The rising demand for blood products and a focus on patient safety and quality of care are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 2110.0 (USD Million)
2035 Market Size 4140.0 (USD Million)

Major Players

Terumo Corporation (JP), Fresenius SE & Co. KGaA (DE), Haemonetics Corporation (US), Grifols S.A. (ES), Baxter International Inc. (US), Cerus Corporation (US), Blood Centers of America (US), Octapharma AG (CH)

US Patient Blood Management Market Trends

The patient blood-management market is currently experiencing a transformative phase, driven by advancements in technology and a growing emphasis on patient safety. Healthcare providers are increasingly adopting innovative solutions to optimize blood usage, reduce waste, and enhance patient outcomes. This shift is largely influenced by regulatory frameworks that advocate for more efficient blood management practices. As a result, hospitals and clinics are investing in systems that facilitate better tracking and utilization of blood products, which appears to be a response to both economic pressures and ethical considerations surrounding blood donation and transfusion practices. Moreover, the integration of data analytics and artificial intelligence into blood management systems is likely to revolutionize how healthcare facilities approach transfusion medicine. These technologies may enable more precise matching of blood products to patient needs, thereby minimizing the risks associated with transfusions. Additionally, educational initiatives aimed at healthcare professionals are becoming increasingly prevalent, emphasizing the importance of evidence-based practices in blood management. This trend suggests a collective movement towards a more informed and responsible approach to blood utilization, ultimately aiming to improve patient care and safety in the healthcare landscape.

Technological Advancements

The patient blood-management market is witnessing a surge in technological innovations that enhance the efficiency of blood utilization. Advanced software solutions and automated systems are being implemented to streamline blood tracking and inventory management. These technologies not only reduce human error but also improve the overall safety of blood transfusions.

Regulatory Influence

Regulatory bodies are playing a crucial role in shaping the patient blood-management market. New guidelines and standards are being established to promote best practices in blood usage. Compliance with these regulations is driving healthcare facilities to adopt more rigorous blood management protocols, thereby enhancing patient safety.

Educational Initiatives

There is a growing emphasis on education and training within the patient blood-management market. Healthcare professionals are increasingly participating in workshops and seminars focused on the latest evidence-based practices. This trend indicates a commitment to improving knowledge and skills related to blood management, ultimately benefiting patient care.

US Patient Blood Management Market Drivers

Increasing Demand for Blood Products

The rising demand for blood products in the healthcare sector is a crucial driver for the patient blood-management market. As the population ages and the prevalence of chronic diseases increases, the need for blood transfusions and related products is expected to grow. In the US, the American Red Cross reports that every 2 seconds, someone needs blood, highlighting the ongoing necessity for blood management solutions. This demand is projected to increase by approximately 5% annually, prompting healthcare facilities to adopt more efficient blood management practices. Consequently, hospitals and clinics are investing in advanced blood management systems to ensure the availability and safety of blood products, thereby driving growth in the patient blood-management market.

Technological Integration in Healthcare

The integration of advanced technologies in healthcare is transforming the patient blood-management market. Innovations such as electronic health records (EHRs), artificial intelligence (AI), and data analytics are enhancing blood management processes. For instance, AI-driven algorithms can predict blood demand more accurately, reducing waste and ensuring optimal inventory levels. The market for blood management software is expected to grow by over 10% annually, driven by the need for efficient data management and real-time tracking of blood products. This technological evolution not only streamlines operations but also improves patient outcomes, making it a significant driver for the patient blood-management market.

Regulatory and Accreditation Requirements

Regulatory and accreditation requirements play a pivotal role in shaping the patient blood-management market. Organizations such as the Food and Drug Administration (FDA) and the American Association of Blood Banks (AABB) set stringent standards for blood collection, storage, and transfusion practices. Compliance with these regulations is essential for healthcare facilities, driving them to invest in robust blood management systems. The need for accreditation by bodies like the Joint Commission further emphasizes the importance of adhering to best practices in blood management. As facilities strive to meet these requirements, the patient blood-management market is expected to expand, reflecting the ongoing commitment to quality and safety in blood transfusion practices.

Focus on Patient Safety and Quality of Care

Patient safety remains a top priority in healthcare, significantly influencing the patient blood-management market. The emphasis on reducing transfusion-related complications and improving patient outcomes has led to the implementation of stringent protocols and guidelines. According to the Joint Commission, hospitals are increasingly adopting evidence-based practices to enhance blood safety, which may reduce transfusion reactions by up to 30%. This focus on quality care encourages healthcare providers to invest in comprehensive blood management systems that monitor and optimize blood usage. As a result, the patient blood-management market is likely to experience growth as institutions prioritize patient safety and strive to meet regulatory standards.

Rising Awareness of Blood Conservation Strategies

There is a growing awareness of blood conservation strategies among healthcare providers, which is positively impacting the patient blood-management market. Techniques such as preoperative autologous blood donation and intraoperative blood salvage are gaining traction as they minimize the need for allogeneic blood transfusions. Studies indicate that implementing these strategies can reduce transfusion rates by up to 40%, thereby enhancing patient safety and reducing costs. As hospitals and surgical centers increasingly adopt these practices, the demand for blood management solutions that support conservation efforts is likely to rise, further propelling the patient blood-management market.

Market Segment Insights

By Product: Instruments (Largest) vs. Software (Fastest-Growing)

In the US patient blood-management market, the Instruments segment holds the largest share, driven by the increasing demand for advanced blood processing technologies. Accessories and Reagents and Kits follow, capturing significant portions of the market as hospitals and laboratories invest in complete blood management solutions to improve patient outcomes. Software is rapidly gaining traction, particularly in data management and tracking blood usage, as healthcare providers seek to optimize their blood supply chains. Growth trends in this segment are largely fueled by technological advancements and an increasing focus on patient safety. The surge in surgeries and procedures requiring blood transfusions has heightened the need for efficient blood management systems. Additionally, the move towards automation and digital solutions is propelling Software to become the fastest-growing segment, with providers keen on utilizing technology to enhance operational efficiency and compliance with healthcare regulations.

Instruments (Dominant) vs. Software (Emerging)

The Instruments segment is characterized by a wide array of devices designed for blood collection, processing, and storage, making it the dominant force in the market. Hospitals rely heavily on these instruments for their efficiency and reliability, which leads to continuous innovations aimed at improving performance and patient safety. On the other hand, Software is an emerging segment, focusing on providing digital solutions that streamline blood management processes. It encompasses applications for inventory management, data analysis, and reporting, providing healthcare organizations with valuable insights. As technology evolves, Software's role is becoming increasingly integral, positioning it as a key player in future developments within the US patient blood-management market.

By Component: Plasma (Largest) vs. Whole Blood (Fastest-Growing)

In the US patient blood-management market, Plasma holds a significant market share, driven by its essential role in various medical treatments and transfusions. Whole Blood, while crucial, accounts for a smaller portion of the market yet shows promising growth in recent years, reflecting the evolving needs of healthcare providers and patients alike. The growth trends within this segment are influenced by increasing surgical procedures and trauma cases, which elevate the demand for blood components. Innovations in storage and transportation methods for blood products further streamline availability, propelling the usage of Whole Blood. Additionally, the rising awareness and advancements in blood management practices contribute to the robust expansion of both Plasma and Whole Blood products, catering to a dynamic healthcare environment.

Plasma (Dominant) vs. Whole Blood (Emerging)

Plasma is the dominant component in the US patient blood-management market, recognized for its critical efficacy in treating a range of medical conditions including clotting disorders and burn treatments. Its composition, rich in proteins and antibodies, makes it indispensable in therapeutic applications. Conversely, Whole Blood is emerging rapidly, driven by its utility in transfusion practices and surgical procedures. As healthcare providers adapt to new blood management technologies and protocols, Whole Blood is gaining traction due to its comprehensive profile that offers essential elements of red blood cells, white blood cells, and platelets. The evolving landscape of patient care is set to enhance the role of both Plasma and Whole Blood in future medical practices.

By End-User: Blood Banks (Largest) vs. Hospitals (Fastest-Growing)

In the US patient blood-management market, Blood Banks dominate the end-user segment, holding the largest share due to their critical role in the collection, testing, and distribution of blood products. Hospitals also form a significant part of this market, utilizing blood management strategies to enhance patient care and safety, contributing to their substantial presence in the sector. Meanwhile, Diagnostic Clinics and Pathology Labs are comparatively smaller players, focusing on specialized blood tests and analyses, which further diversifies the market landscape. Growth in this segment is driven by increasing surgical procedures and a rising prevalence of blood-related disorders, making efficient blood management solutions essential. Blood Banks are continuously innovating to improve storage and processing methods, while Hospitals are rapidly adopting advanced technologies to enhance their blood management systems. This dynamic is creating a competitive atmosphere, with emerging players in the Diagnostic Clinics and Pathology Labs looking to carve out larger market shares through specialized services and improved patient outcomes.

Blood Banks (Dominant) vs. Hospitals (Emerging)

Blood Banks serve as the backbone of the US patient blood-management market, characterized by their extensive operational networks and technological advancements in blood harvesting and preservation techniques. Their dominance is rooted in their ability to provide critical blood products and services needed by hospitals and clinics. On the other hand, Hospitals are emerging as key players within this landscape, increasingly recognizing the need for integrated blood management systems to ensure optimized blood usage and patient outcomes. These institutions are embracing innovative solutions and automated systems to streamline workflows, reduce wastage, and enhance patient safety, effectively positioning themselves as vital components in the evolving market. The interplay between these segments highlights a crucial symbiosis in ensuring a responsive and efficient blood management ecosystem.

Get more detailed insights about US Patient Blood Management Market

Key Players and Competitive Insights

The patient blood-management market is characterized by a dynamic competitive landscape, driven by increasing demand for efficient blood management solutions and advancements in technology. Key players such as Haemonetics Corporation (US), Terumo Corporation (JP), and Baxter International Inc. (US) are strategically positioned to leverage innovation and partnerships to enhance their market presence. Haemonetics Corporation (US) focuses on developing advanced blood management systems, while Terumo Corporation (JP) emphasizes regional expansion and product diversification. Baxter International Inc. (US) is actively pursuing digital transformation initiatives to optimize operational efficiency, collectively shaping a competitive environment that prioritizes technological advancement and customer-centric solutions.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The market structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of products and services, fostering competition that drives innovation and quality improvements across the sector.

In October 2025, Haemonetics Corporation (US) announced a strategic partnership with a leading healthcare technology firm to integrate AI-driven analytics into its blood management systems. This move is likely to enhance the precision of blood utilization and improve patient outcomes, reflecting a broader trend towards data-driven decision-making in healthcare. The integration of AI could potentially streamline operations and reduce costs, positioning Haemonetics as a leader in the market.

In September 2025, Terumo Corporation (JP) launched a new line of blood collection devices designed to improve safety and efficiency in transfusion practices. This product introduction not only underscores Terumo's commitment to innovation but also addresses growing concerns regarding blood safety and patient care. The launch is expected to strengthen Terumo's competitive edge in the US market, appealing to healthcare providers seeking reliable and advanced solutions.

In August 2025, Baxter International Inc. (US) expanded its digital health platform to include remote monitoring capabilities for blood management. This strategic enhancement aligns with the increasing demand for telehealth solutions and reflects Baxter's focus on integrating technology into patient care. By offering remote monitoring, Baxter aims to improve patient engagement and outcomes, thereby solidifying its position in the evolving landscape of patient blood management.

As of November 2025, current competitive trends indicate a strong emphasis on digitalization, sustainability, and AI integration within the patient blood-management market. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on technological innovation, supply chain reliability, and enhanced patient outcomes. This shift suggests that companies prioritizing R&D and strategic partnerships will be better positioned to thrive in an increasingly complex market.

Key Companies in the US Patient Blood Management Market market include

Future Outlook

US Patient Blood Management Market Future Outlook

The patient blood-management market is projected to grow at 6.32% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing demand for efficient blood management solutions.

New opportunities lie in:

  • Development of AI-driven blood inventory management systems.
  • Expansion of telehealth services for remote patient monitoring.
  • Implementation of mobile blood collection units in underserved areas.

By 2035, the market is expected to achieve robust growth, driven by innovation and strategic initiatives.

Market Segmentation

US Patient Blood Management Market Product Outlook

  • Instruments
  • Accessories
  • Reagents and Kits
  • Software

US Patient Blood Management Market End-User Outlook

  • Blood Banks
  • Hospitals
  • Diagnostic Clinics
  • Pathology Labs

US Patient Blood Management Market Component Outlook

  • Whole Blood
  • Plasma

Report Scope

MARKET SIZE 20242110.0(USD Million)
MARKET SIZE 20252243.35(USD Million)
MARKET SIZE 20354140.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)6.32% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledTerumo Corporation (JP), Fresenius SE & Co. KGaA (DE), Haemonetics Corporation (US), Grifols S.A. (ES), Baxter International Inc. (US), Cerus Corporation (US), Blood Centers of America (US), Octapharma AG (CH)
Segments CoveredProduct, Component, End-User
Key Market OpportunitiesIntegration of advanced data analytics to optimize blood utilization and enhance patient outcomes.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation in patient blood-management solutions across healthcare facilities.
Countries CoveredUS

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