Blood And Blood Components Market Report Overview, Industry Top Manufacturers, Size, Growth 2023 - 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the blood and blood components market report by The Business Research Company, The blood and blood components market is being driven by increasing incidence of trauma and road accidents. Sometimes, because of traumas such as hemorrhage, the volume of blood is reduced to a very low level and cannot be replaced fast enough by the body. Also, road accidents cause excessive blood loss from the body that has to be restored immediately. At times, the blood itself lacks a few components as in the case of hemophilia. All these conditions demand transfusion of blood and blood components into the patient's body.

The global blood and blood components market size will grow from $37.49 billion in 2022 to $39.21 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global blood and blood components market size is expected to grow to $47.53 billion in 2027 at a CAGR of 4.9%.

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Major competitors in the blood and blood components market include American Red Cross, Australian Red Cross Blood Service, Abbott Laboratories, Blood Centres of America, Becton, Dickinson & Co., German Red Cross, Nipro Medical Corporation, American Association of Blood Banks, AVIS National, and National Blood Authority Australia.

The blood and blood components market is segmented -
• By Product: Whole Blood, Blood Components
• By End-Users: Hospitals, Ambulatory Surgical Centers, Other End-Users
• By Application: Anemia, Trauma & Surgery, Cancer Treatment, Bleeding Disorders
• By Blood Components: Red Blood Cells, Platelets, Plasma, White Blood Cells North America was the largest region in the blood and blood components market.

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Blood is defined as entire human blood that has been obtained from a donor and processed for transfusion or further production. Blood component refers to a therapeutic component of human blood, including its red, white, platelet, and plasma cells.

The Table Of Content For The Blood And Blood Components Market Include:
1. Executive Summary
2. Blood And Blood Components Market Characteristics
3. Blood And Blood Components Market Trends And Strategies
4. Blood And Blood Components Market - Macro Economic Scenario
5. Blood And Blood Components Market Size And Growth
……
27. Blood And Blood Components Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blood And Blood Components Market
29. Blood And Blood Components Market Future Outlook and Potential Analysis
30. Appendix

The "Global Blood And Blood Components Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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