Innovations in Blood Banking Equipment Market Growth Valuation Estimated at USD 25,591.4 Million in 2034 with a 4.6% of CAGR | Future Market Insights, Inc. [Yahoo! Finance]
Becton, Dickinson and Company (BDX)
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Source: Yahoo! Finance
NEWARK, DE / ACCESSWIRE / October 15, 2024 / The global Blood Banking Equipment Market is projected to experience substantial growth over the forecast period from 2024 to 2034. In 2024, the market is expected to be valued at USD 16,322.1 million and is anticipated to grow at a compound annual growth rate (CAGR) of , reaching USD 25,591.4 million by 2034. This growth can be attributed to the increasing demand for efficient blood collection, processing, and storage systems, as well as advancements in blood banking technology Understanding the Blood Banking Equipment Market: Blood banking equipment, which includes devices such as blood collection systems, storage equipment, and refrigerators, plays a critical role in healthcare by enabling the safe and reliable collection, preservation, and distribution of blood and blood products. As healthcare infrastructure continues to evolve, particularly in emerging economies, the need for advanced blood banking solutions is becoming increasin
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