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Blood Thawing System Market to Witness Massive Revenue Streams from Growing Demand for Rapid Dry Plasma Thawing Products for FFPs in Blood Banks,…

November 7th, 2021 1:52 am

ALBANY, N.Y., Nov. 3, 2021 /PRNewswire/ -- Advancements in blood thawing devices have pivoted on the changing requirements of fresh frozen plasma (FFP) in transfusion practices and thawing procedures in cryopreservation. Plasma thawers to maintain the integrity of FFPs are growing in applications in laboratories, blood banks, and hospital settings. New procedures and technologies have been introduced in the blood thawing system market, which prevent potential risks of contamination. Particularly, the adoption of dry bathing systems for preventing transfusion-associated bacterial sepsis in treating blood disorders and cancer is gaining momentum.

The use of FDA-approved, CE-marked, and ISO certified plasma thawers are gaining popularity in umbilical cord blood processing and cell-based therapies, thereby enriching the prospects of regenerative medicine. The need for new device designs and software for temperature controllers occupies a key role in improving the existing cryopreservation protocols, which has opened up a lucrative avenue for players, notes the study on the blood thawing systems market.

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Dry plasma thawing products are gaining preference over traditional water baths or wet plasma thawers, as they help increase the success of transfusion of adult stem cells. Asia Pacific is a highly lucrative market, where the players have gained opportunities from rising on-demand cell thawing to successfully deliver cell-based therapies to target population. The global valuation of the blood thawing system market is projected to reach US$ 400 Mn by 2030, at a CAGR of 7.7% during the forecast period.

Key Findings of Blood Thawing System Market Study

GMP-compliant Equipment Improve Safety and Effectiveness of Thawing Processes: End users have become increasingly aware about Good Manufacturing Practice (GMP), manufacturer's instructions, and other guidelines for preparing FFPs for use in various applications of transfusion medicine. Most prominently, the risk of transfusion-associated bacterial sepsis has led to constant technological advancements in the blood thawing equipment to ensure the efficacy of the thawing method. GMP-ready cryochain hardware and software are gaining traction in umbilical cord blood processing, finds a TMR study on the blood thawing system market.

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The success of cryopreservation is dependent on appropriate execution of thawing procedures. Indeed, advances made in the protocols for on-demand thawing in regenerative medicine have bolstered the prospects of the blood thawing system market.

Regulatory Approval of Next-generation Thawing Devices Extends Horizon: The need for eliminating continuous blood products manufacturing is a key underpinning for adopting reliable thawing processes. In this light, thawing equipment for rapid, reliable thawing of FFP is garnering attention of clinicians for use in patients in emergency setting as well as for meeting the demand in planned hospitalizations.

Next-gen plasma thawing devices promise low turnaround time, are of portable designs, and ensure high throughput. The use of such devices is expected to rise in various applications in exchange transfusions, stem cell transfusions, and crystalloid infusion solutions.

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Blood Thawing System Market: Key Drivers

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Blood Thawing System Market: Regional Dynamics

Blood Thawing System Market: Key Players

Some of the key players in the blood thawing system market are Sartorius AG, Thermo Fisher Scientific, Inc., Cytiva (GE Healthcare), Cardinal Health, KW Scientific Apparatus Srl, Boekel Scientific, Barkey GmbH & Co. KG, Helmer Scientific Inc., and Fremon Scientific Inc.

Global Blood Thawing System Market: Segmentation

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Blood Thawing System Market to Witness Massive Revenue Streams from Growing Demand for Rapid Dry Plasma Thawing Products for FFPs in Blood Banks,...

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