Demand for blood and blood products
are increasing globally with increase in the spread of infectious diseases
through donated bloods. Increase in the number of surgical procedures such as
open heart surgeries gives a boost to the blood processing supplies and
equipment market. The average adult body contains between 4.7 and 5.2 liters of
blood and a significant amount of blood is lost during critical surgeries and
traumatic incidences. This phenomenon results into high rate of mortality.
Thus, to decrease the death rate because of loss of blood, transfusion
techniques came into existence in 1900s.
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Blood transfusion is the process of
transfer of blood and its components from one person to another person’s blood
stream. Blood supplies form an important part of hematologic care. It is
estimated that every year in the U.S. more than 18 million units of red blood
cells, plasma, platelets are transfused to treat hematologic diseases such as severe
leukemia, anemia and sickle cell disease. However, regular transfusions have
been associated with risk to patients, especially clotting factor concentrates
and spread the virus quickly. Thus, this prompted the demand for development of
improved blood collection and processing equipment.
With the increase in aging
population which is mostly prone to many hematological conditions, will likely
increase the blood demand and hence drive the blood supplies market. However,
it is estimated that in the next 5 to 10 years, blood supply needs to be
increased in developed countries to meet the rapidly growing demand. Thus, to
meet the continuous need for blood, newer techniques of refrigeration and
plasma storage have been formulated. Blood banks have become a standard part of
medical practice for catering the blood needs of patients.
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