Blood Banking and Blood Products Market

Blood Banking and Blood Products Market Growing at a CAGR of 2.9% Over the Period 2020 to 2027.

Blood Banking and Blood Products Market estimated at US$38.9 Billion in the year 2020, is projected to reach a revised size of US$47.7 Billion by 2027.

A blood product is any therapeutic substance derived from human blood, including whole blood and other blood components for transfusion, and plasma-derived medicinal products. Medicinal (medical therapeutic) products derived from human donations of blood and plasma play a critical role in health care. A blood bank is a place where the supply of blood or plasma is stored for transfusion. Blood banks perform various functions. They collect blood and process it. Sometimes blood components are separated for particular health care treatments or applications. They test blood samples to ensure that the blood is non-infectious and fit for blood transfusion.

Blood banks are primarily engaged in collecting, processing, testing, storing, and distributing whole blood and blood products. Moreover, the collected blood or blood products are extensively tested as well as processed, which results in high prices of blood. Blood bank stores products that include whole blood, red blood cells, platelets, and plasma for short period of time that depends on the outcome of testing process. Moreover, they provide distribution services to hospitals, ambulatory surgery centers, pharmaceutical companies, research centers, and others. Currently, the demand for packed red blood cells over whole blood during blood transfusion is high among healthcare providers.

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Key players in the Global Blood Banking and Blood Products Market Covered:

  • New York Blood Center
  • Sanquin Blood Supply Foundation
  • Canadian Blood Services
  • Becton, Dickinson
  • Abbott Laboratories
  • Fresenius Kabi
  • Bio-Rad Laboratories
  • CSL Behring
  • Japan Red Cross Society
  • Beckman Coulter
  • Cerus
  • bioMrieux

On the basis of Types:

  • ABO Typing
  • Antibody Screening
  • Cross Matching Test

On the basis of Applications:

  • Hospital
  • Clinic
  • Other

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Based on the Blood Banking and Blood Products market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

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