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Blood Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global blood bank market size reached US$ 16.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

A blood bank is a facility where blood is collected from donors, typed, separated into components, stored, and prepared for transfusion to patients. The blood is separated into red blood cells (RBCs), plasma, and platelets, which are transfused to different individuals according to their requirements. Blood banks avoid transfusion-related reactions by providing proper identification of the patients and blood products. In addition, they offer distribution services of blood to hospitals, ambulatory surgery centers, pharmaceutical companies, and research centers.

Blood Bank Market Trends:

The growing prevalence of hematological diseases, such as rare genetic conditions, anemia, and sickle cell disease due to disorders of the blood and blood-forming organs, represents one of the key factors driving the market. Moreover, there is an increase in the demand for safe blood due to the rising cases of transfusion transmissible infections (TTI), such as human immunodeficiency viruses (HIV) and hepatitis B. This, along with the increasing geriatric population across the globe, is propelling the growth of the market. In addition, there is a rise in the demand for red blood cells (RBCs) in amputation surgeries. This, coupled with various benefits associated with red blood cells (RBCs), such as easy availability and low cost of storage and maintenance, is positively influencing the market. Besides this, governments of several countries are taking initiatives to promote blood donation around the world. In line with this, the expanding healthcare industry is offering lucrative growth opportunities to end-users and investors. Additionally, the rising number of accidents in sports due to poor training methods, structural abnormalities, and unsafe exercising environments is bolstering the demand for packed red blood cells (RBCs) during blood transfusions.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blood bank market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, bank type, function and end user.

Breakup by Product Type:

  • Whole Blood
  • Red Blood Cells
  • Platelet
  • Plasma
  • White Blood Cells
     

Breakup by Bank Type:

  • Private
  • Public
     

Breakup by Function:

  • Collection
  • Processing
  • Testing
  • Storage
  • Transportation
     

Breakup by End User:

  • Hospital
  • Ambulatory Surgery Centers
  • Pharmaceutical Companies
  • Clinics and Nursing Homes
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Association of Blood Banks, Blood Bank of Alaska, Canadian Blood Services, Haemonetics Corporation, Japanese Red Cross Society, New York Blood Center, NHS Blood and Transplant, Sanquin Bloedvoorziening, Terumo Corporation, The American National Red Cross and Vitalant.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product Type, Bank Type, Function, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Association of Blood Banks, Blood Bank of Alaska, Canadian Blood Services, Haemonetics Corporation, Japanese Red Cross Society, New York Blood Center, NHS Blood and Transplant, Sanquin Bloedvoorziening, Terumo Corporation, The American National Red Cross and Vitalant
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global blood bank market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global blood bank market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the bank type?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global blood bank market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Blood Bank Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Whole Blood
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Red Blood Cells
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Platelet
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Plasma
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    White Blood Cells
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Bank Type
    7.1    Private
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Public
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Function
    8.1    Collection
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Processing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Testing
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Storage
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Transportation
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Breakup by End User
    9.1    Hospital
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Ambulatory Surgery Centers
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Pharmaceutical Companies
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Clinics and Nursing Homes
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    American Association of Blood Banks
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Blood Bank of Alaska
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Canadian Blood Services
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Haemonetics Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Japanese Red Cross Society
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    New York Blood Center
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    NHS Blood and Transplant
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Sanquin Bloedvoorziening
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Terumo Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    The American National Red Cross
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Vitalant
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Blood Bank Market: Major Drivers and Challenges
Figure 2: Global: Blood Bank Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Blood Bank Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Blood Bank Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Blood Bank Market: Breakup by Bank Type (in %), 2022
Figure 6: Global: Blood Bank Market: Breakup by Function (in %), 2022
Figure 7: Global: Blood Bank Market: Breakup by End User (in %), 2022
Figure 8: Global: Blood Bank Market: Breakup by Region (in %), 2022
Figure 9: Global: Blood Bank (Whole Blood) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Blood Bank (Whole Blood) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Blood Bank (Red Blood Cells) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Blood Bank (Red Blood Cells) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Blood Bank (Platelet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Blood Bank (Platelet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Blood Bank (Plasma) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Blood Bank (Plasma) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Blood Bank (White Blood Cells) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Blood Bank (White Blood Cells) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Blood Bank (Private) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Blood Bank (Private) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Blood Bank (Public) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Blood Bank (Public) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Blood Bank (Collection) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Blood Bank (Collection) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Blood Bank (Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Blood Bank (Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Blood Bank (Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Blood Bank (Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Blood Bank (Storage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Blood Bank (Storage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Blood Bank (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Blood Bank (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Blood Bank (Hospital) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Blood Bank (Hospital) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Blood Bank (Ambulatory Surgery Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Blood Bank (Ambulatory Surgery Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Blood Bank (Pharmaceutical Companies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Blood Bank (Pharmaceutical Companies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Blood Bank (Clinics and Nursing Homes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Blood Bank (Clinics and Nursing Homes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Blood Bank (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Blood Bank (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: North America: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: North America: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: United States: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: United States: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Canada: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Canada: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia-Pacific: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia-Pacific: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: China: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: China: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Japan: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Japan: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: India: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: India: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: South Korea: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: South Korea: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Australia: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Australia: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Indonesia: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Indonesia: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Europe: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Europe: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Germany: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Germany: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: France: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: France: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: United Kingdom: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: United Kingdom: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Italy: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Italy: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Spain: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Spain: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Russia: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Russia: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Latin America: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Latin America: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Brazil: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Brazil: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Mexico: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Mexico: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Middle East and Africa: Blood Bank Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Middle East and Africa: Blood Bank Market: Breakup by Country (in %), 2022
Figure 91: Middle East and Africa: Blood Bank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Global: Blood Bank Industry: SWOT Analysis
Figure 93: Global: Blood Bank Industry: Value Chain Analysis
Figure 94: Global: Blood Bank Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Blood Bank Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Blood Bank Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Blood Bank Market Forecast: Breakup by Bank Type (in Million US$), 2023-2028
Table 4: Global: Blood Bank Market Forecast: Breakup by Function (in Million US$), 2023-2028
Table 5: Global: Blood Bank Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Blood Bank Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Blood Bank Market: Competitive Structure
Table 8: Global: Blood Bank Market: Key Players


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