Artificial Blood Market by Component, Service, Application, and Region - Global Forecast to 2023



Artificial blood are synthetic substitutes of biological blood likely to harness a fresh horizon in transfusion medicine. These products are thought as replacement for red blood cells and act to serve few key functions of biological blood, such as acting as transportation medium for oxygen and co2 across the body cells. They could be made by chemical isolation or using recombinant biochemical technology. Although there are numerous products in advanced stages of clinical trials, the commercialization of artificial blood continues to be slow. The key concerns that marketers are addressing are safety, compatibility, and effectiveness of artificial blood.

Furthermore, the escalation in how many cases of road accidents, medical interventions, trauma cases, military wars, a smaller number of blood donors available and increase prevalence of blood disorders are the main factors driving the marketplace growth. However, limited shelf life and instability of artificial blood and stringent regulatory approval processes would be the factors restraining the growth of global Artificial Blood Market.

Upsurge in shortage of transfusable blood stocks, trauma death as a result of not enough availability of blood during operations and escalation in number of deaths by hemorrhagic shock ( it's an application of hypovolemic shock by which severe blood loss results in inadequate oxygen delivery at the cellular level) globally are driving the global artificial blood market through the forecast period.


Comments

Post a Comment

Popular posts from this blog

Cross Linked Polyethylene Market Growth Accelerated by Increasing demand from pipe and cables application

Image
Cross Linked Polyethylene Market Cross linked polyethylene (XLPE) is a polyethylene thermoplastic material that has been cross linked using irradiation, peroxide, or silane. It has advantages such as high density, tensile strength, and resistance to moisture absorption and chemicals. It finds extensive use in insulation of power cables, water pipes, and insulation of wires and cables. The global Cross Linked Polyethylene Market is estimated to be valued at US$ 6590.3 Mn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing demand from pipe and cables application is one of the key trends that is expected to drive the growth of the global cross linked polyethylene market over the forecast period. Cross linked polyethylene has preferable properties such as high density, tensile strength, and excellent resistance towards chemicals that make it suitabl...
Read more

Tubeless Insulin Pump is gaining wider popularity among diabetic patients due to accurate shots and better management of blood sugar levels

Image
  An insulin pump can be an insulin delivery device utilized in the treating Type 1 diabetes, also known as constant subcutaneous insulin delivery therapy. Insulin is made by the pancreas and is employed to break down glucose that originates from the foods eaten by anyone with diabetes. Your body can produce the insulin it needs but cannot produce everything at once. Each time a person with diabetes receives regular oral insulin injections, the pancreas will secrete more insulin compared to the person needs. This additional insulin is carried by the insulin pump, which is often inserted into the human body through the mouth and then used to help make the needed insulin levels in the blood. A Tubeless Insulin Pump is a medical device that is used to provide diabetes patients a shot of regular insulin. The insulin is injected to the vein into the little vena cava, which carries blood from the legs to the upper body. Regular injections of insulin make the cells in the ...
Read more

The Green Revolution: Choosing Glass Packaging for a Better World

Image
  Glass Packaging In a world increasingly conscious of environmental sustainability, the choice of packaging materials plays a crucial role in shaping a better future. Among the many options available, glass packaging stands out as a leading solution that offers numerous advantages both to businesses and consumers. This article explores the green revolution surrounding glass packaging and highlights why it is becoming the preferred choice for a more sustainable world. Glass Packaging offers a plethora of environmental benefits that make it a compelling option for eco-conscious individuals and organizations. Firstly, glass is 100% recyclable, meaning it can be endlessly reused without any loss in quality. This reduces the demand for virgin materials and minimizes the environmental impact associated with resource extraction and manufacturing. Moreover, glass is non-toxic and inert, ensuring that no harmful chemicals leach into the products it contains. This property makes it an i...
Read more