Dallas, TX -- (SBWire) -- 10/12/2011 --Blood banking devices include the instruments and devices used in collection and storage of blood and blood components. Devices used in the processing of blood and those that ensure safety during the transfer process are also included.

Blood and blood components are widely used in treating patients with deficiencies related to blood, and are used in deriving numerous biopharmaceuticals (antibodies, blood factors, and others). The Blood Banking Devices Market is expected to grow further in the coming years owing to the continuous developments and rising demand for better blood collection and transfusion technology. The global market for blood banking products is expected to reach $36 billion by 2015. Technological advancements in the medical devices sector have led to the development of automated blood collection devices which make the process highly sophisticated and reduce the risk of contamination.

Global Blood Banking Devices Market (2010-2015)
http://www.marketsandmarkets.com/Market-Reports/blood-banking-devices-market-499.html

Browse All : Medical Devices Market
http://www.marketsandmarkets.com/medical-device-market-research-11.html

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com.

http://twitter.com/marketsmarkets