Guardians of Life: Blood and Organ Banks in the Service of Humanity

Blood bank refers to an institute where blood and its components such as blood cells, platelets and plasma are stored which are then utilized in the blood transfusion process. Blood transfusion is done in case of blood loss disorders including sickle cell anemia, anemia, blood cancer and thalassemia and accidental emergency. Similarly, organ bank is an institute where organs are stored which are then used for organ transplantation. Organ transplantation refers to a process of replacing diseased or failed organs with another through surgery.

Blood and organ bank market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 6.10% in the forecast period of 2021 to 2028. The increasing prevalence of hematological diseases among population across the globe is escalating the growth of blood and organ bank market.

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Blood and Organ Bank Market Scope and Market Size
Blood and organ bank market is segmented on the basis of product, application and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

• On the basis of product, the blood and organ bank market is segmented into red blood cell collection, processing, and distribution services, blood plasma collection, processing, and distribution services, organ bank services, tissue bank services, health screening services, all other human blood services and reproductive and stem cell bank services.
• On the basis of application, the blood and organ bank market is segmented into collecting blood, storing blood, distributing blood, storing organs, distributing organs, researching storage technology and reproducing tissue.
• On the basis of end-users, the blood and organ bank market is segmented into hospitals, diagnostics centers, blood bank and others.

The major players covered in the blood and organ bank market report are The American National Red Cross, Blood Systems, Inc., MTF Biologics., New York Blood Center, NEW ENGLAND ORGAN BANK, INC., The Living Bank, National Organ & Tissue Transplant Organisation, Global Cord Blood Corporation., CBR Systems, Inc., Vitalant., Terumo Corporation, NHS Blood and Transplant, National Blood Transfusion Council., Sanquin, America's Blood Centers., Canadian Blood Services., Takeda Pharmaceutical Company Limited., Shanghai RAAS, Macopharma, Haemonetics Corporation, Abbott., Beckman Coulter, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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