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Artificial Blood Substitutes Market Is Expected To Grow At CAGR from 2020 To 2025

Added: (Mon Aug 31 2020)

Pressbox (Press Release) - Business Industry Reports Research has recently announced a report on Global Artificial Blood Substitutes Market based on the healthcare Industry. The Artificial Blood Substitutes Market report emphasizes various key aspects, which include growth drivers, restraints, opportunities and recent market trends for the forecast period 2020-2025.

Overview of Global Artificial Blood Substitutes Market:

A blood substitute (also called artificial blood or blood surrogate) is a substance used to mimic and fulfill some functions of biological blood. It aims to provide an alternative to blood transfusion, which is transferring blood or blood-based products from one person into another. Thus far, there are no well-accepted oxygen-carrying blood substitutes, which are the typical objective of a red blood cell transfusion; however, there are widely available non-blood volume expanders for cases where only volume restoration is required. These are helping doctors and surgeons avoid the risks of disease transmission and immune suppression, address the chronic blood donor shortage, and address the concerns of Jehovah's Witnesses and others who have religious objections to receiving transfused blood.

The report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the global Artificial Blood Substitutes market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.

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Growth in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Artificial Blood Substitutes costs and an increase in the number of substance used to mimic and fulfill some functions of biological blood.

Product Type Segmentation:
The Artificial Blood Substitutes market have different product type such as HBOC and PFBOC. Artificial Blood Substitutes market product type gives hemoglobin-based oxygen carriers (HBOC) and perfluorocarbon-based oxygen carriers (PFBOC) these are categories of 'oxygen-carrying' blood substitutes being pursued.

Industry Segmentation:

Increasing instances across various sectors such as  Hospital, Clinic, Research Institute and Other are raising the need of healthcare institutes, thereby raising the demand for Artificial Blood Substitutes market. This help in the profitable growth of the Global Artificial Blood Substitutes market in upcoming year.

Segmentation by Regions:

The Artificial Blood Substitutes market in North America has created substance used to mimic and fulfill some functions of biological blood to help patients in the world. It was followed by Western Europe, China, Japan, Southeast Asia, India and Central & South America regions. Asia Pacific is expected to record higher growth rate in Artificial Blood Substitutes Market during the forecast year.

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Top Leading Key Manufacturers are: Aurum Biosciences Ltd., HEMARINA SA, Hemoglobin Oxygen Therapeutics LLC, KaloCyte Inc., SpheriTech Ltd. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Top Industry News:

KaloCyte Inc: ErythroMer in the News: Making and storing blood to save lives on 02 April, 2020 -- Blood can be a scarce resource, but a multitude of approaches are promising new ways to store, create, and deliver blood’s component parts to patients in need.

As soon as a wounded person starts hemorrhaging, the clock is ticking. The quicker an emergency responder can stop the bleeding and replace that blood, the better the chances are for survival. But most bleeding patients do not receive optimal prehospital trauma care, including blood transfusions. That costs lives—up to 30,000 people a year, according to a 2016 report by the National Academies of Sciences, Engineering, and Medicine. As noted by the military trauma surgeons who informed that report, the answer to this problem is not necessarily more blood collection, but rather better access to and storage of blood, and, ultimately, production of shelf-stable blood components.

After decades of failed trials to create artificial blood, researchers may finally be starting to meet that challenge. Several are looking to create products that serve as a complement to blood—a sufficient substitute to keep hemorrhaging patients alive until they have access to the real thing. Some researchers are developing freeze-dried versions of blood components; others are looking to create artificial particles that offer replacement components.

Hemorrhaging patients rarely receive whole blood; instead, they receive reconstituted blood components. Donated whole blood is broken down into its parts: Red cells carry oxygen, platelets are responsible for clotting, and plasma is the liquid component that plays a role in coagulation. Breaking down blood into parts allows some of those components to be stored longer. Plasma, for instance, can be stored frozen for months but must be used five days after being thawed. Red cells can be stored refrigerated for up to 42 days, whereas platelets only last five days because they must be stored at room temperature. Whole blood only lasts about a month.

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Major Points in Table of Contents:

1 Artificial Blood Substitutes Product Definition
2 Global Artificial Blood Substitutes Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Artificial Blood Substitutes Shipments
2.2 Global Manufacturer Artificial Blood Substitutes Business Revenue
2.3 Global Artificial Blood Substitutes Market Overview
3 Manufacturer Artificial Blood Substitutes Business Introduction
3.1 Aurum Biosciences Ltd. Artificial Blood Substitutes Business Introduction
3.1.1 Aurum Biosciences Ltd. Artificial Blood Substitutes Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Aurum Biosciences Ltd. Artificial Blood Substitutes Business Distribution by Region
3.1.3 Aurum Biosciences Ltd. Interview Record
3.1.4 Aurum Biosciences Ltd. Artificial Blood Substitutes Business Profile
3.1.5 Aurum Biosciences Ltd. Artificial Blood Substitutes Product Specification
3.2 HEMARINA SA Artificial Blood Substitutes Business Introduction
3.2.1 HEMARINA SA Artificial Blood Substitutes Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 HEMARINA SA Artificial Blood Substitutes Business Distribution by Region
3.2.3 Interview Record
3.2.4 HEMARINA SA Artificial Blood Substitutes Business Overview
3.2.5 HEMARINA SA Artificial Blood Substitutes Product Specification
3.3 Hemoglobin Oxygen Therapeutics LLC Artificial Blood Substitutes Business Introduction
3.3.1 Hemoglobin Oxygen Therapeutics LLC Artificial Blood Substitutes Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Hemoglobin Oxygen Therapeutics LLC Artificial Blood Substitutes Business Distribution by Region
3.3.3 Interview Record
3.3.4 Hemoglobin Oxygen Therapeutics LLC Artificial Blood Substitutes Business Overview
3.3.5 Hemoglobin Oxygen Therapeutics LLC Artificial Blood Substitutes Product Specification
3.4 KaloCyte Inc. Artificial Blood Substitutes Business Introduction
3.5 SpheriTech Ltd. Artificial Blood Substitutes Business Introduction
3.6 ... Artificial Blood Substitutes Business Introduction
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