Blood Bank (Blood Banking) Market 2022 Company Business Overview and Forecast to 2027- American Red Cross, Japan Red Cross Society, New York Blood Center, Sanquin Blood Supply Foundation

Blood Bank (Blood Banking) Market report provides information from major key players, geography, segmentation, competitor analysis, sales, revenue, price, market share, types, applications, and forecast 2022-2027. The Blood Bank (Blood Banking) Market report provides an in-depth assessment of growth factors, market definition, manufacturers, market potential, and influencing trends to understand future demand and outlook for the global industry. A well-explained SWOT analysis, revenue sharing, and contact information are shared in this report analysis. It also provides information on the market in terms of development and its capacity.

The Blood Bank (Blood Banking) Market is expected to register a CAGR of 9.9% over the forecast period 2022 – 2027.

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Top Key Vendors of this Blood Bank (Blood Banking) Market are:

American Red Cross, Japan Red Cross Society, New York Blood Center, Sanquin Blood Supply Foundation, Americas Blood Centers, Canadian Blood Services, Shire (Baxalta), CSL, Grifols, Octapharma, Kedrion, LFB Group, Biotest, BPL, RAAS, CBPO, Hualan Bio, Sichuan Yuanda Shuyang, Abbott, Beckman Coulter, BD, Bio-Rad Laboratories, bioMrieux, Cerus, Haemonetics, Immucor, Fresenius Kabi, MacoPharma, Ortho-Clinical, Terumo BCT

Industry News:

In September 2020, Boekel Scientific launched the FS100, a new high-capacity floor standing platelet incubator and agitator for storing platelets in hospitals and blood centers.
In May 2020, Genalyte, in partnership with San Diego Blood Bank, launched the SARS-CoV-2 Multi-Antigen Serology Panel, which tests for antibodies the body produces in response to SARS-CoV-2.

Major Types covered are:

Whole Blood
Red Blood Cell
Platelet
Plasma
White Blood Cell

Major Applications covered are:

Hospital
Clinic
Others

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Key Market Trends

The Red Blood Cells Segment is Estimated to Witness Healthy Growth in this Market

The red blood cells segment is expected to witness healthy growth over the forecast period. The growth of this segment is attributed to the high demand for transfusion, an increasing number of surgeries, a rising number of trauma cases, and an increasing prevalence of chronic disease-induced anemia.

According to an article published by Michigan State University College of Human Medicine, on National Centers for Biotechnology Research in 2018, 50,000 to 100,000 new amputation surgeries are performed per year in the United States. Amputation surgeries are generally accompanied by transfusion of red blood cells; thus, the increasing trend in amputation surgeries is expected to drive the demand for red blood cell transfusion

North America Dominates the Market:

North America is expected to hold a significant market share in the blood bank market due to the rising geriatric population, increasing incidences of blood disorders, and the rising number of trauma cases and surgical procedures. According to the statistics published by the United States Census Bureau, Population Projections, the number of Americans aged 65 and older is projected to double from 52 million in 2018 to 95 million by 2060, and it is estimated that this age group’s share of the total population will rise from 16% to 23%.
Also, as per American Red Cross, an estimated number of 36000 units of red blood cells is required every day, and nearly 7,000 units of platelets and approximately 10,000 units of plasma are needed each day in the United States. Over 21 million blood components are transfused each year in the United States.

Regional Analysis of Blood Bank (Blood Banking) Market (Regional Output, Demand & Forecast by Countries):

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire about Blood Bank (Blood Banking) Market report considers the past display and future execution of the worldwide market. The report advances investigations that show competitive situations, predominant commerce models, and the likely headways in offerings by critical players within the coming years.

Some Important Points in the Table of Content:

Detailed overview of Blood Bank (Blood Banking) parent market
Changing market dynamics in the industry
In-depth Blood Bank (Blood Banking) Market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Blood Bank (Blood Banking) Market performance

The Blood Bank (Blood Banking) Market report has taken into account the impact analysis of the pandemic and has elaborated on the trends that will be crucial to the upcoming competitive landscape. The research reports of the Blood Bank (Blood Banking) Market provide industry players with crucial support for customer base expansion within specific market spaces.

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