Market Overview

The Global Blood Bank Market was valued at USD 14,685.0 million in 2023 and is expected to reach USD 22,880.9 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031). 

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global blood bank Market growth. A blood bank is a facility that collects, processes, tests, stores, and distributes blood and its products to ensure a safe and sufficient supply for medical treatments and emergencies. Playing a crucial role in healthcare systems, blood banks support various procedures and treatments requiring blood transfusions.

The rising demand for blood and blood products, coupled with advancements in blood processing and storage technology, is expected to drive significant growth in the blood bank market. Despite this potential, challenges such as stringent regulatory compliance and the risk of infectious disease transmission may impede market expansion.

Furthermore, the global blood bank industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Blood Bank Market is segmented among Red Blood Cells, Whole Blood, Platelet, White Blood Cells, and Plasma, based on Product. In 2023, Red Blood Cells accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Bank Type Analysis

The Global Blood Bank Market is segmented among Private, and Public, based on Bank Type. In 2023, Private accounted for the majority of the market share*. 

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Blood Bank Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are American Association of Blood Banks, Australian Red Cross, Bio-Rad Laboratories, Blood Bank of Alaska, Canadian Blood Services, Fresenius Kabi, Haemonetics, Maco Pharma, Ortho-Clinical, and Teruma BCT.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Blood Bank Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Blood Bank Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Blood Bank Market Segmentation, By Product

• Global Blood Bank Market Share Analysis, By Product

• Global Blood Bank Market Growth Analysis, By Product

• Global Blood Bank Market Trends, By Product

o Red Blood Cells

o Whole Blood

o Platelet

o White Blood Cells

o Plasma

6. Global Blood Bank Market Segmentation, By Bank Type

• Global Blood Bank Market Share Analysis, By Bank Type

• Global Blood Bank Market Growth Analysis, By Bank Type

• Global Blood Bank Market Trends, By Bank Type

o Private

o Public

7. Global Blood Bank Market Segmentation, By End User

• Global Blood Bank Market Share Analysis, By End User

• Global Blood Bank Market Growth Analysis, By End User

• Global Blood Bank Market Trends, By End User

o Hospitals

o Ambulatory Surgical Centers

o Other End Users

8. Global Blood Bank Market Segmentation, By Region

• Global Blood Bank Market Share Analysis, By Region

• Global Blood Bank Market Growth Analysis, By Region

• Global Blood Bank Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• American Association of Blood Banks*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Australian Red Cross

• Bio-Rad Laboratories

• Blood Bank of Alaska

• Canadian Blood Services

• Fresenius Kabi

• Haemonetics

• Maco Pharma

• Ortho-Clinical

• Teruma BCT

*Similar analysis will be provided for each company listed above.