Press release
Blood and Blood Components Market Growth Analysis 2024 By Top Key Players - American Red Cross, American Association of Blood Banks, AVIS National, National Blood Authority Australia, Vitalant & More
Blood and Blood Components
Japan blood and blood components market is estimated to grow at 5.0% during the forecast period owing to increasing geriatric population base and rising incidences of conditions such as cancer. Numerous initiatives undertaken by country?s government to enhance blood transfusion services will support market size growth. For instance, In December 2017, Japanese government partnered with WHO to improve blood transfusion service provision in South Sudan.
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Germany blood and blood components market will reach 3.1 billion by 2024, owing to increasing blood transfusion rate coupled with rising number of blood banks and blood donation camps in the country. Major European initiatives including European Union Blood Safety and Quality Directives issued to establish standards of safety and quality during collection, processing, testing, storage and distribution of human blood and blood components will positively support industry growth.
Blood and Blood Components Market will reach over USD 43.5 billion by 2024; as per a new research report. Rising prevalence of bleeding disorders coupled with increasing number of surgeries is anticipated to escalate demand for blood and blood components during the forecast period. Development of apheresis has enabled transfusion of only blood components as per requirement should further drive industry growth.
Ambulatory surgical center is anticipated to be fastest growing end-use segment, witnessing 4.9% CAGR during the forecast period owing to cost efficiency and improved outcomes delivered at outpatient surgical facilities. Ambulatory surgical centers are 45-60% less expensive as compared to hospital setting will drive segment growth during the forecast period.
Growing utilization of blood components in burn and traumatic patients along with rising awareness pertaining to significance of blood donation will positively impact blood and blood components market growth. Expanding geriatric population base, prone to suffer from conditions including liver cirrhosis will support industry expansion during the forecast timeframe.
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Few notable players operating in global blood and blood components market are American Red Cross, American Association of Blood Banks, AVIS National, National Blood Authority Australia, and Vitalant. Industry players are undertaking various strategies to augment blood donation rate to fulfil increasing demand of blood and blood derivatives. Initiatives such as establishment of Blood Network, D-Health App, virtual blood donation platform such as Simply Blood will positively impact business growth during the forecast timeframe.
Table of Content:
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Blood and blood components industry 360 degree synopsis, 2013 - 2024 (USD Million)
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. Blood and Blood Components Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing worldwide prevalence of chronic and infectious diseases
3.3.1.2. Increasing number of trauma cases
3.3.1.3. Expanding geriatric population coupled with growing applications of blood derivatives
3.3.1.4. Rising awareness regarding blood donations in developing countries
3.3.2. Industry pitfalls and challenges
3.3.2.1. Risk of transmission of infections
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By application
3.4.3. By end-use
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.6. Industry ecosystem
3.6.1. Supply chain analysis
3.7. Porter's analysis
3.8. Competitive landscape,2017
3.8.1. Strategy dashboard
3.9. PESTEL analysis
Chapter 4. Blood and Blood Components Market, By Product
4.1. Key segment trends
4.2. Whole blood
4.2.1. Market size, by region, 2013-2024 (USD Million)
4.3. Blood components
4.3.1. Market size, by region, 2013-2024 (USD Million)
4.3.2. Red blood cells
4.3.2.1. Market size, by region, 2013-2024 (USD Million)
4.3.3. Platelets
4.3.3.1. Market size, by region, 2013-2024 (USD Million)
4.3.4. Plasma
4.3.4.1. Market size, by region, 2013-2024 (USD Million)
4.3.5. White blood cells
4.3.5.1. Market size, by region, 2013-2024 (USD Million)
Chapter 5. Blood and Blood Components Market, By Application
5.1. Key segment trends
5.2. Anemia
5.2.1. Market size, by region, 2013-2024 (USD Million)
5.3. Trauma & surgery
5.3.1. Market size, by region, 2013-2024 (USD Million)
5.4. Cancer treatment
5.4.1. Market size, by region, 2013-2024 (USD Million)
5.5. Bleeding disorders
5.5.1. Market size, by region, 2013-2024 (USD Million)
5.6. Others
5.6.1. Market size, by region, 2013-2024 (USD Million)
Chapter 6. Blood and Blood Components Market, By End-use
6.1. Key segment trends
6.2. Hospitals
Chapter 7. Global Blood and Blood Components Market, By Region
Chapter 8 Company Profiles
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