Global Artificial Blood and Plasma Market Key Insights and Factors Responsible for Growth Analyzed till 2027

Published on : Apr 16, 2018

Albany, New York, April 16, 2018: Market Research Hub (MRH) has freshly publicized a new study titled “Artificial Blood and Plasma: Global Markets to 2027” to its vast database, which offers comprehensive analysis and insights on market growth until the end of 2027. This 240-page precise study provides an overview of the global market for artificial blood, focusing on various important aspects of the market, such as research and development, clinical trial outcomes, approval status and the potential commercial market for artificial blood products.

Market Overview and Key Highlights

The artificial blood being developed are projected to satisfy some of the functions of biological blood, particularly in humans. It has been analyzed that blood shortage and the lack of suitable substitutes have resulted in numerous preventable deaths. In the coming years, blood losses may be even more severe, as current shortage projections do not take into account the more strong need for blood in cases of mass civilian casualties, such as common calamities, terrorist stabbings, and wars. This has increased the need for artificial blood and plasma.

The research initiates by presenting the introduction of artificial blood and plasma, along with its emerging needs. Moreover, a vital section of the study explains the major drivers and regional dynamics of the global artificial blood and plasma market and current trends within the industry. Identification of growth-driving factors influencing the artificial blood plasma market is also outlined in the study. Regions highlighted in the study include North America, Europe, Asia Pacific and Rest of The World. Some of the prime benefits of artificial blood include-

  • It will be useful in dealing with the risks of infection
  • It will help to decrease the load on donor blood supply
  • It is needed to deal with unexpected demands on the blood system
  • Artificial blood has the potential to lower costs of the blood system

As the report proceeds, the readers can get familiar with the market segmentation based on type, source and application. Currently, two fundamental approaches to artificial blood types are being taken such as perfluorocarbons and hemoglobin-based oxygen carriers. By application, the research covers surgeries, emergency resuscitation and for short-term Use.

Finally, the report profiles the major players from the artificial blood and plasma market in terms of diverse attributes such as financial overview, company overview, business strategies, product portfolio, SWOT analysis, and recent developments. Profiles of leading companies in the market, including Alliance Pharmaceutical Corp., Baxter Healthcare Corp., Northfield Laboratories Inc., Sanguine Biosciences, and Therapure Biopharma Inc.

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