South & Central America Blood Temperature Indicator Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (2°C to 4°C, 5°C to 7°C, and above 7°C), and End-User (Hospitals, Blood Banks, and Others)

The South & Central America blood temperature indicator market is expected to reach US$ 25.98 million by 2028 from US$ 12.12 million in 2021; it is estimated to grow at a CAGR of 11.5% from 2021 to 2028.

Various government and nongovernment organizations are creating awareness among people regarding blood donation to fulfill the increasing demand for blood. Increase in blood demand has led to the development of efficient blood cold chain to ensure safe and efficient blood transportation. The blood temperature indicators are available in the form of stickers applied to blood bags and activated for constant monitoring. Different technologies are used in these indicators that allow effective storage and transportation and avoid the wastage of blood and its components. Moreover, a surge in number of blood banks and increase in awareness regarding blood temperature indicators are expected to create ample opportunities for the market in the coming years.

Furthermore, the increasing demand for blood supply has created the need for an efficient blood cold chain to reduce blood waste in developing economies, propelling the adoption of blood temperature indicators. Therefore, the South & Central America blood temperature indicator market is expected to grow at a good CAGR during the forecast period.

South & Central America Blood Temperature Indicator Revenue and Forecast to 2028 (US$ Million)  

  South & Central America Blood Temperature Indicator Market Segmentation        

The South & Central America blood temperature indicator market is segmented on the basis of product type, end-user, and country. Based on product type, the market is segmented into 2°C to 4°C, 5°C to 7°C, and above 7°C. The 2°C to 4°C segment dominated the market in 2021. Based on end-user, the South & Central America blood temperature indicator market is segmented into hospitals, blood banks, and others. The hospitals segment dominated the market in 2021. Based on country, the South & Central America blood temperature indicator market segmented into Brazil, Argentina, and Rest of South & Central America. Brazil dominated the South & Central America blood temperature indicator market in 2021.

THERMO FISHER SCIENTIFIC INC, Zebra Technologies Corporation, 3M, and Deltatrak Inc are among the leading companies in the South & Central America blood temperature indicator market.

1. Elitech.
2. THERMO FISHER SCIENTIFIC INC.
3. Zebra Technologies Corportion.
4. Deltatrak Inc.
5. Timestrip Uk LTD.

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