| Product Code: ETC8834789 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely on imports of artificial blood, with key exporting countries being Switzerland, India, South Korea, Germany, and the USA. Despite a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -17.36% from 2020 to 2024. The growth rate further plummeted by -47.02% from 2023 to 2024, signaling challenges in the market that may require strategic interventions to revitalize and sustain growth in the artificial blood import sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Artificial Blood Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Artificial Blood Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Artificial Blood Market - Industry Life Cycle |
3.4 Philippines Artificial Blood Market - Porter's Five Forces |
3.5 Philippines Artificial Blood Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines Artificial Blood Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
3.7 Philippines Artificial Blood Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
3.8 Philippines Artificial Blood Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Philippines Artificial Blood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Artificial Blood Market Trends |
6 Philippines Artificial Blood Market, By Types |
6.1 Philippines Artificial Blood Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Artificial Blood Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Philippines Artificial Blood Market Revenues & Volume, By Anemia, 2021- 2031F |
6.1.4 Philippines Artificial Blood Market Revenues & Volume, By Organ transplant, 2021- 2031F |
6.1.5 Philippines Artificial Blood Market Revenues & Volume, By Injuries, 2021- 2031F |
6.1.6 Philippines Artificial Blood Market Revenues & Volume, By Cardiovascular diseases, 2021- 2031F |
6.1.7 Philippines Artificial Blood Market Revenues & Volume, By Maternal conditions, 2021- 2031F |
6.1.8 Philippines Artificial Blood Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Artificial Blood Market, By Distribution channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Artificial Blood Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Philippines Artificial Blood Market Revenues & Volume, By Clinics, 2021- 2031F |
6.2.4 Philippines Artificial Blood Market Revenues & Volume, By Blood banks, 2021- 2031F |
6.3 Philippines Artificial Blood Market, By Distribution channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Artificial Blood Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Philippines Artificial Blood Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.4 Philippines Artificial Blood Market Revenues & Volume, By Blood banks, 2021- 2031F |
6.4 Philippines Artificial Blood Market, By Product |
6.4.1 Overview and Analysis |
6.4.2 Philippines Artificial Blood Market Revenues & Volume, By Hemoglobin-based oxygen carriers, 2021- 2031F |
6.4.3 Philippines Artificial Blood Market Revenues & Volume, By Perfluorocarbon emulsion, 2021- 2031F |
7 Philippines Artificial Blood Market Import-Export Trade Statistics |
7.1 Philippines Artificial Blood Market Export to Major Countries |
7.2 Philippines Artificial Blood Market Imports from Major Countries |
8 Philippines Artificial Blood Market Key Performance Indicators |
9 Philippines Artificial Blood Market - Opportunity Assessment |
9.1 Philippines Artificial Blood Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines Artificial Blood Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
9.3 Philippines Artificial Blood Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
9.4 Philippines Artificial Blood Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Philippines Artificial Blood Market - Competitive Landscape |
10.1 Philippines Artificial Blood Market Revenue Share, By Companies, 2024 |
10.2 Philippines Artificial Blood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here