New York, Blood Temperature Indicator market was valued at USD 210 million in 2021 and it is anticipated to grow further till USD 600 million by 2031, at a CAGR of 11.1% during the forecast period.
Global Blood Temperature Indicator Market report from Global Insight Services is the single authoritative source of intelligence on Blood Temperature Indicator Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Blood temperature indicators are medical devices that are directly attached to blood bags for real-time measurement of temperature during storage, handling, and transportation operations. The demand for these devices is rapidly increasing across the medical & healthcare sector, owing to their ability to ensure consistent analysis & recording of blood temperature.
Market Trends and Drivers
Due to rising smoking rates, exposure to dangerous chemicals like benzene, and radiation exposure, blood-related disorders like blood cancer, sickle cell disease, thrombocytopenia, and anemia are becoming more and more common all over the world. For instance, research by the Leukemia & Lymphoma Society predicted that in the United States, blood cancer will affect about 186,400 persons in 2021, or about 9.8% of all cancer cases.
There is a rapid increase in demand for blood and blood components for the treatment of these aforementioned disorders as a result of this expanding burden. The prevalence of such disorders is anticipated to drive up sales in the global market since blood temperature indicators are widely used in blood banks and blood collection sites to gauge blood temperature and check blood quality.
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Global Blood Temperature Indicator Market Segmentation
By Material
- Polypropylene
- Polyethylene
- Others
By Threshold Temperature Range
- Up to 2°C
- 2°C to 4°C
- 5°C to 7°C
- Above 7°C
By End User
- Hospitals
- Clinics
- Blood Banks
- Blood Collection Centers
- Diagnostic Lab
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
Major Players in the Global Blood Temperature Indicator Market
The key players studied in the report are Elitech, Thermo Fisher Scientific Inc., Sercalia, Ellab Group, Zebra Technologies Corporation, Lisaline Lifesciences Technologies, Stream Peak International PTE Ltd, 3M, Delta Trak Inc., and Time Strip UK Ltd among others.
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