Platelet Agitator Market Is Growing Investments In The Biomedical Industry

Market Synopsis:

Market Research Future (MRFR)’s recent study has projected that the global platelet agitator market is set to expand moderately at a healthy CAGR of 4.1% during the forecast period 2016 to 2027. The global market is set to reach a valuation of USD 502 Mn by the end of the assessment period.

The strong value maintained by the biomedical industry is likely to proliferate the platelet agitator market over the next couple of years. A rise in the research & development activities coupled with increased investments is likely to favor the growth of the global platelet agitator market. Platelet agitators offer safe and reliable storage of platelets under controlled environments to and large volume data. This is likely to increase its adoption in the healthcare industry through the review period. Additionally, the boom witnessed in the healthcare sector coupled with rising healthcare expenditure is expected to encourage platelet agitator market growth and expansion.

Market Segmentation:

By type, the global platelet agitator market has been segmented into flatbed, circular, and combination devices. The flatbed segment is further sub-segmented into horizontal and vertical agitator. The flatbed agitator currently holds a dominant share of the market which accounts for 64.9% share. It is likely to exhibit immense growth over the next couple of years.

By capacity, the platelet agitator market is segmented into small, medium, and large. The medium segment held the most significant share in 2015 and is expected to retain its prominence towards the end of the forecast period.

By end-user, the global platelet agitator market has been segmented into autonomous blood banks, hospital based blood banks, and others.

Regional Analysis:

By region, the global platelet agitator market has been segmented into North America, Europe, Asia Pacific, and the Middle East & Africa. North America currently holds the maximum share in the global market accounting for 36.6% share. It is likely to retain its pole position throughout the assessment period. The regional market is estimated to reach a valuation of USD 170.2 Mn by the end of the forecast period. The growth in the region is attributable to the consolidation of key market players, technological advancements, rising healthcare expenditure, increasing patient pool, developed healthcare sector, etc.

Europe is one of the most significant growth pockets in the global platelet agitator market. It is likely to secure the second position globally over the assessment period. Asia Pacific exhibit tremendous potential for growth. It is set to register a relatively higher CAGR of 4.6% during the projection period. One of the key factors driving the growth of the market in the region is the increased investments for research & development in biomedical industry, especially in countries such as China, South Korea, India, Japan, etc.

Competitive Dashboard:

Some of the key players profiled by MRFR in the report are Fanem Ltda., Helmer Scientific, TERUMO PENPOL PVT LIMITED, KW apparecchi scientifici, LABCOLD, Meditech Technologies India Private Limited, Boekel Scientific, EMSAS Electrical Equipment Industry & Trading Inc., Nuve, SARSTEDT AG & Co., and Zhejiang Sujing Purification Equipment Co.Ltd.

Industry Developments:

In January 2018, U.S. Food and Drug Administration (FDA) and the Department of Defense’s (DoD) Office of Health Affairs launched a joint program which includes providing extensive manufacturing and clinical advice for prioritized products. Presently, high priority products include freeze-dried plasma, cold-stored platelets, and cryopreserved platelets.

Intended Audience

• Blood bank equipment manufacturers
• Blood bank equipment suppliers
• Contract Research Organizations (CROs)
• Research and Development (R&D) Companies
• Government Research Laboratories
• Independent Research Laboratories
• Government and Independent Regulatory Authorities
• Market Research and Consulting Service Providers
• Academic Institutes and Universities

Table Of Content 

Chapter 1. Report Prologue 

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Pricing Analysis 

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