Data Bridge Market Research analyses that the global artificial blood substitutes market which was USD 6.67 million in 2022, is expected to reach USD 29.24 million by 2030, and is likely to undergo a CAGR of 20.4% during the forecast period.
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Market Overview:
Artificial blood is used for restoring oxygen delivery after loss of blood from trauma, especially in emergency and battlefield situations, preventing the need for blood transfusions during surgery. It is a substitute blood product that can perform blood's most important function, which is the transport of oxygen and carbon dioxide. Artificial blood could be a life-saving measure, particularly in times of severe blood loss during large disasters; however, the products currently in development are incapable of performing secondary functions of blood, such as fighting infections.
Some of the major players operating in the Artificial Blood Substitutes Market are
Aurum Biosciences (U.K.), HEMARINA (France), Hemoglobin Oxygen Therapeutics LLC (U.S.), KaloCyte Inc. (U.S.), SpheriTech Ltd. (U.K.), Centrum Medyczne VisusMed (Poland), European Medicines Agency (Netherlands), OPK Biotech Inc. (U.S.), NuvOx Pharma (U.S.), Prolong Pharmaceuticals, LLC (U.S.), Boston Pharmaceuticals (U.S.), OXYVITA Inc (U.S.), NanoBlood LLC (U.S.)
Global Artificial Blood Substitutes Market Scope
The artificial blood substitutes market is segmented on the basis of product type, source, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Perflurocarbon (PFCs)
- Hemoglobin-Based Oxygen Carries (HBOCs)
Source
- Human Blood
- Animal Blood
- Microorganism Based Recombinant HB
- Synthetic Polymers and Stem Cells
Application
- Cardiovascular Diseases
- Malignant Neoplasma
- Injuries
- Neonatal Conditions
- Organ Transplant and Maternal Condition
End User
- Hospital and Clinics
- Blood Banks
- Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Artificial Blood Substitutes Market
Part 04: Global Artificial Blood Substitutes Market Sizing
Part 05: Global Artificial Blood Substitutes Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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