Overview

LyoLife™ freeze-dries red blood cells for storage at room temperature and enables rapid rehydration for emergency use. Thus, the application of LyoLife technology enables first aid responders – in both civilian and military contexts – to carry freeze-dried packs of blood products that can be rehydrated quickly for emergency in-the-field transfusions. In addition, unlike the 42-day shelf-life of refrigerated blood, freeze-dried red blood cells preserved using LyoLife retain long-term viability and do not need to be washed prior to use in transfusions.

Research

Red blood cells
Confidential military project to develop a process for freeze drying red blood cells (and demonstrate cell function in an animal model
A. Arav, Y. Natan

Market

Market size & growth

The global Emergency Medical Services market is forecast to reach $49 billion by 2025, growing by 9% year-on- year

Key trends & information

Key factors driving growth of the Emergency Medical Services market:

  • Ageing population and rising incidence of chronic diseases
  • Rising incidences of cardiovascular condition
  • Entrance of new ambulance service providers
  • Rising medical tourism
  • Increasing number of road accidents
  • Favorable reimbursement policies in developed economies

Other market dynamics to observe are as follows:

  • The life support and emergency resuscitation equipment segment is expected to grow at the fastest growth rate
  • From a regional perspective, while North America will continue to lead the market, annual growth rates will be highest in Asia-Pacific, driven by population growth and rapidly expanding middle class.

Source: Ambulance Services Market Analysis by Transport Vehicle, Emergency Services, Equipment, and Segment, 2018–2025, Grand View Research