Blood Filter Market Size, Trends and Growth Analysis by 2027

The blood filter market is anticipated to grow significantly, reaching an estimated US$ 535.634 million by 2028, up from US$ 405.226 million in 2021. This growth represents a compound annual growth rate (CAGR) of 4.1% from 2021 to 2028.

Several factors are driving this market expansion, including the increasing prevalence of chronic diseases, a rise in trauma and accident cases, and a growing number of blood transfusion procedures. However, the market faces challenges, particularly due to product recalls that can impede growth.

A blood filter is a specialized device designed to ensure the safety of blood transfusions. It typically consists of a screen-type filter made from woven mesh materials such as polyester or nylon. This filter is strategically placed between the blood product bag and the patient to perform essential filtration. Its primary purpose is to safeguard patients from macro-aggregates and non-blood particulate matter that could pose health risks if they enter the bloodstream. During blood transfusions, these filters effectively remove macro-aggregates, including micro-aggregate sites and fibrin aggregates, which can form during the storage of blood.

The blood filter market can be categorized based on various criteria, including product type, material composition, application area, and end-user demographics. In terms of product type, the market is divided into segments based on filter size: 40 microns, 70 microns, 100 microns, 170 microns, and others. Among these, the 100 microns and 170 microns segment is projected to hold the largest market share in 2021 and is expected to exhibit the highest CAGR during the forecast period from 2021 to 2028.

When examining the material composition of blood filters, the market is segmented into polycarbonate, polyester, ABS, and other materials. The polyester segment was the market leader in 2021, accounting for 35.47% of the market share, and it is anticipated to maintain its leading position throughout the forecast period.

In terms of application, the blood filter market is divided into two main categories: blood processing and blood transfusion. The blood transfusion segment dominated the market in 2021, holding a substantial market share of 73.83%, and it is expected to continue its dominance in the coming years.

Furthermore, the market is segmented by end-user, which includes blood banks, hospitals, and other healthcare facilities. The blood banks segment was the largest in 2021, capturing 47.38% of the market share, and it is projected to sustain its leading position during the forecast period.

To compile the report on the blood filter market, various primary and secondary sources were consulted, including original equipment manufacturers (OEMs) and supplier organizations. This comprehensive approach ensures that the data reflects the current trends and future projections accurately.