Global Blood Platelets Market to Reach US$6.7 Billion by 2030

The global market for Blood Platelets estimated at US$5.7 Billion in the year 2024, is expected to reach US$6.7 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2024-2030. Apheresis Derived Platelets, one of the segments analyzed in the report, is expected to record a 3.5% CAGR and reach US$4.1 Billion by the end of the analysis period. Growth in the Whole-Blood Derived Platelets segment is estimated at 2.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.5 Billion While China is Forecast to Grow at 5.7% CAGR

The Blood Platelets market in the U.S. is estimated at US$1.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.1% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Global Blood Platelets Market – Key Trends & Drivers Summarized

Why Is the Demand for Blood Platelets Increasing in Modern Healthcare?

Blood platelets play a crucial role in clotting, wound healing, and immune responses, making them essential in various medical treatments, including trauma care, surgeries, cancer therapies, and hematologic disorders. Platelet transfusions are a lifesaving intervention for patients undergoing chemotherapy, organ transplants, or those with conditions such as thrombocytopenia (low platelet count). The increasing prevalence of cancer, autoimmune diseases, and chronic blood disorders has significantly driven the demand for blood platelets in hospitals, blood banks, and transfusion centers worldwide.

The need for platelet transfusions is particularly high in oncology, where chemotherapy and radiation treatments often suppress bone marrow function, leading to decreased platelet production. Additionally, the rise in surgical procedures and complex medical interventions has contributed to the growing reliance on platelet transfusions. Despite their critical importance, blood platelets present unique challenges due to their short shelf life (5–7 days) and the risk of bacterial contamination. To address these challenges, healthcare systems are investing in improved platelet storage techniques, pathogen reduction technologies, and advanced donor recruitment strategies to ensure a stable and safe platelet supply.

How Are Technological Advancements Enhancing Blood Platelet Collection, Storage, and Utilization?

Significant innovations in platelet collection, storage, and transfusion practices are improving the efficiency and safety of platelet therapy. One of the most notable advancements is the use of apheresis technology, which allows for the direct collection of platelets from a donor while returning the remaining blood components. Apheresis-derived platelets are preferred over whole blood-derived platelets due to their higher yield, reduced risk of immune reactions, and longer shelf life. Additionally, automation in apheresis machines has improved collection efficiency, enabling blood banks to meet increasing demand with fewer donations.

Another breakthrough in platelet technology is the development of pathogen reduction systems, which use ultraviolet (UV) light and chemical treatments to inactivate viruses, bacteria, and other contaminants in platelet units. These technologies, including INTERCEPT and Mirasol, are enhancing transfusion safety by reducing the risk of infections while preserving platelet function. Additionally, research into cryopreserved platelets and synthetic platelet substitutes is gaining momentum, with the potential to extend platelet shelf life and improve accessibility in emergency and military medicine. As AI-driven inventory management systems optimize platelet supply chains, healthcare providers can better manage platelet availability and reduce wastage, ensuring timely and efficient transfusions.

Which Market Trends Are Driving Growth in the Blood Platelets Industry?

The rising incidence of hematologic and oncologic diseases is one of the most significant trends driving growth in the blood platelets market. With increasing cancer diagnoses and aggressive treatment protocols requiring platelet transfusions, demand is expected to grow consistently. Additionally, the expansion of trauma care centers and advanced surgical procedures has heightened the need for reliable platelet supplies, particularly in emergency and critical care settings.

Another key trend influencing the market is the shift toward personalized and precision medicine. Advances in genetic testing and molecular diagnostics are enabling tailored platelet therapies for specific patient populations, such as those with rare blood disorders or transplant recipients. Additionally, increasing awareness about platelet donation has led to targeted donor recruitment programs, encouraging voluntary apheresis donations to maintain an adequate platelet supply. The integration of AI and blockchain technology in blood banking is further streamlining donor tracking, transfusion monitoring, and inventory management, reducing platelet shortages and improving transfusion outcomes.

What Are the Key Growth Drivers Shaping the Future of the Blood Platelets Market?

The growth in the blood platelets market is driven by several key factors, including the increasing prevalence of diseases requiring platelet transfusions, advancements in platelet storage and processing, and the expansion of global healthcare infrastructure. One of the primary growth drivers is the rising demand for platelet transfusions in oncology and hematology, where treatments for leukemia, lymphoma, and bone marrow disorders heavily rely on platelet support. Additionally, the aging population is contributing to increased platelet utilization, as elderly patients are more prone to conditions that require transfusions, such as cardiovascular diseases and surgical interventions.

Another crucial driver shaping the market is the advancement of biomanufacturing and platelet substitutes. Research into lab-grown platelets and artificial platelet-mimicking nanoparticles is opening new possibilities for extending platelet availability and overcoming supply chain limitations. Furthermore, government initiatives promoting blood donation and advancements in donor screening technologies are ensuring safer and more efficient platelet collection practices. As healthcare systems prioritize transfusion safety, efficiency, and accessibility, the demand for blood platelets is expected to rise, driving further innovation in collection, storage, and therapeutic applications worldwide.