Platelet agitator Market business to grow at 6.20% CAGR during forecast

Pune, India, 2022 /MRFR Press Release/- Market research future has a cooked research report on global platelet agitator market.

Market Scenario

Market Research Future (MRFR) speculates that the Platelet Agitator Market is expected to reach USD 620 Million by 2030 at 6.20% CAGR during the forecast period 2022-2030. Platelets are considered crucial blood factors and prevent bleeding. Platelet alligator is generally used for reliable and safe storage of platelets under safe under a controlled environment. They keep the platelets under continuous gentle motion so that their viability is maintained and also prevent them from clumping.

Market Potential and Pitfalls

With the augmenting need of deployment in the biomedical industry, the global platelet alligator market is predicted to flourish. Platelet agitator provides continuous agitation at preset oscillation. Such agitators are compatible with incubators and are used to maintain controlled temperature during storage. Platelets are needed to be stored in these temperature-controlled agitators right from the moment of their separation till administration to a patient. Agents like stabilizers and nutrients are used to maintain the viability of the platelets. Platelets are used for abnormal platelet function disorders and several chronic bleeding and during chemotherapy. With the accelerating incidences of chronic diseases such as cancer, autoimmune hematological diseases, and others, the consumption of platelets is presumed to trigger, which is predicted to fuel the platelet agitator market during the appraisal period. Also, with several market players operating with blood products are expanding their base, which in turn is impacting the market positively. Additionally, regional governing bodies are augmenting their expenditure on the development of healthcare infrastructure, which is likely to propel the market growth for platelet incubators in the coming years. Moreover, leading market giants are investing in technological advancements, which is highly contributing to the market growth.

On the flip side, the presence of several local and regional players, scattered market, and non-unanimous guidelines on the function and design of platelet incubators are some of the major concerns presumed to dampen the market growth throughout the assessment period. Moreover, the long-term viability of platelets is not possible by using rotational motion and are found to be harmful. This is further predicted to impede the market growth.

Global Platelet Agitator Market: Segmental Analysis

The platelet agitator market has been segmented on the basis of type, capacity, and end-user.

By mode of type, the global platelet agitator market has been segmented into circular, flatbed, and combination devices. Among these, the flatbed agitator is considered to dominate the global market and is expected to showcase immense growth over the estimated period.

By mode of capacity, the global platelet agitator market has been segmented into small, medium, and large. Among these, the medium segment is predicted to occupy a significant share and is likely to retain its prominence over the assessment period.

By mode of end-user, the global platelet agitator market has been segmented into hospital-based blood banks, autonomous blood banks, and others. Among these, the hospital-based blood banks are likely to dominate the global market. The growth is credited to the availability of high funding for installation of technologically-advanced platelet agitators. Moreover, with the presence of platelet storage systems in almost every blood bank, the segment is considered to propel.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Platelet Agitator Market Research Report

Regional Insights

Geographically, the platelet agitator market span across regions namely, Asia Pacific, North America, Europe, and the Middle East & Africa.

Among all the regions, the North American region is considered to occupy the largest market share with the United States holding the maximum market share. High adoption of technology, demand for safety, and well-established healthcare infrastructure are some of the major factors fueling the market growth in this region. Additionally, strict mandates in this region are likely to contribute to the growth of the market in this region.

The European region is considered to exhibit a significant growth rate throughout the assessment period. The growth is credited to the augmenting healthcare expenditure from the public as well as private sector. Moreover, the developing healthcare infrastructure in Eastern and Central Europe are anticipated to propel the market growth for platelet incubators in this region.

The Asia Pacific region is considered to propel in the coming years owing to the high incidences of chronic diseases in economies like South East Asia, India, and China. Additionally, the improving healthcare infrastructure in this region is driving the market growth.

Industry Updates

August 01, 2018: The leader in the development of platelet-based therapeutics and the production of functional human platelets, Platelet BioGenesis (PBG) has recently announced it has moved into a brand-new lab space situated in Cambridge, MA. The new lab space will be accommodating PBG’s aggressive growth.

Competitive Dashboard

The prominent players operating the global platelet agitator market are TERUMO PENPOL PVT LIMITED, EMSAS Electrical Equipment Industry & Trading Inc., KW apparecchi scientifici, Fanem Ltda., Nuve, SARSTEDT AG & Co., Helmer Scientific, LABCOLD, Meditech Technologies India Private Limited, Zhejiang Sujing Purification Equipment Co.Ltd, Boekel Scientific, and others.