Blood and Organ Bank Market: Upcoming Demands and Growth Analysis 2023
Every year million cases either undergo transfusion of blood, blood components, plasma derivatives, and transplantation of organs. According to the World Health Organization (WHO), out of 108 million blood donations done globally, 50% of the blood donations happen in high income countries. More than 65% of blood transfusions in low income countries are given to children below five years of age while the scenario is reverse in high income countries where transfusion is done for elderly patients (age 65 years and above). According to another report by the WHO, voluntary unpaid blood donations have increased tremendously in low- and middle-income nations. From 2004 to 2012, more than 8.6 million blood donations that came from voluntary unpaid donors has increased in 162 countries. Among these countries, there were 73 nations which.
This report gives readers a comprehensive overview of the Blood and Organ Bank Market:
The blood and organ market is segmented on the basis of the following: Products (Blood products which include whole blood, Red blood cells, Platelets, Granulocytes, Fresh frozen plasma, Albumin, Immunoglobulin, Antithrombin III and Protein C concentrate and others (Factor VIIa, Factor VIII Fraction, Dried factor IX fraction, Factor XIII dried) and under Organs include (Kidney, liver, heart, pancreas and cornea).The end users include either the Public Hospitals or the Private Hospitals.
On the basis of geography, the global the blood and organ market can be segmented into North America , Europe, Asia Pacific, Latin America, and Middle East and Africa. North America has been a leading region in the market owing to high demand for organ transplant. Annually, more than 120,000 Americans need a new organ.
Get accurate market forecast and analysis on the Blood and Organ Bank Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6907
The blood and organ bank industry has grown healthily in past decades and is expected to continue its growth trajectory during the forecast period from 2015 to 2023. According to the Organ Procurement and Transplantation Network (OPTN), more than 1 million patients are on waiting list for organ transplant. As the number of organ donors is increasing, an increase in transplant procedures is bound to happen this will expand the global market for blood and organ bank market. Moreover, the government efforts for creating awareness for blood donation and restoring donors’ and the patient’s confidence in blood transfusion services has also up stretched the demand for these systems. Rising incidences of accidents are propelling the market for blood and organ banks because in such cases there is high probability of demand for blood or organ. Increasing healthcare insurance coverage, greater improvement in post-transplant outcomes are among other factors that help drive the market growth.
Some of the market players in this industry segment are The American Red Cross, Blood Systems, Musculoskeletal Transplant Foundation, Inc., New York Blood Center, New England Organ Bank, The Living Bank, NOTTO and 21st Century Medicine.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street,
NY - 12207
USA - Canada Toll Free 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Blood and Organ Bank Market: Upcoming Demands and Growth Analysis 2023 here
News-ID: 647728 • Views: 203
More Releases from Transparency Market Research
Distributed Operating System Market: A Latest Research Report to Share Industry …
A distributed operating system is a software which is a collection of distinct computational nodes that are networked, independent, and communicating in order to perform certain operations The distributed operating system manages the jobs that are serviced by multiple processing units. Every distinct node holds a precise software subset of the global collective operating system. Each subset is a composite of two distinct service provisions. The first subset is a universal kernel,
Research Outlines Huge Growth In Automatic Dependent Surveillance Broadcast Mark …
Automatic dependent surveillance-broadcast (ADS-B) is surveillance technology which enables an aircraft to determine its position through satellite navigation. Automatic dependent surveillance-broadcast (ADS-B) helps to track an aircraft through periodical broadcasts. As a replacement for secondary surveillance radar, automatic dependent surveillance - broadcast (ADS–B) technology can be used by air traffic control ground stations to gather information regarding tracking of the aircraft. It can also be used by other aircrafts to enable
RF Shielded Test Enclosures Market: Structure and Overview of Key Industry
RF shielded test enclosures, also called RF shielded test boxes, are used for testing of RF and microwave devices in an isolated test environment, which lacks interference of other devices as well as the external environment These test boxes are used in isolation from unintended electromagnetic interference in noisy surroundings. In order to check whether a device is functioning up to the mark in an isolated environment, these boxes are used
Pitot Tube Anemometers Market Will Escalate Rapidly in the Near Future
A pitot tube anemometer is a flow measurement device that is designed to measure and display air pressure, air velocity, volumetric flow, and air temperature Pitot tube anemometers involve use of the microprocessor technology for signal processing, which ensures quick and accurate measuring results Pitot tube anemometers are available in two types i.e. portable and fixed When not in use, a pitot tube anemometer should be placed in dry conditions and be protected
More Releases for Organ
Organ Care System Market Competition, Overview with Major Eminent Vendors: Trans …
A new and latest research report proposed by Market Research Globe renders a market summary of the Organ Care System Market industry. This widespread analysis comprises of market potentials and challenges, scope of product, sales volume, market revenue, distributors and Porter's Five Forces Analysis, estimates and rate of growth. This report focuses on the global Organ Care System status, future forecast, growth opportunity, key market and key players. The study
Artificial Organ Bank Market, Artificial Organ Bank Industry, Global Artificial …
Latest industry research report on: Global Artificial Organ Bank Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Organ necessity is surpassing the supply of donated organs. Even today there are loads of patients waiting for organ transplant but not everyone can get it done due to the low supply of organ transplant.According to the American Transplant Foundation in United States about 123,000 patients are waiting
Organ-on-a-chip is gaining prominence on the backdrop of regulatory measures on animal testing and growing complexity in therapeutic applications. Various players are trying to capitalize on lucrative growth opportunities in the organ-on-a-chip devices market. It is a unique cell culture process, wherein biomimetic microsystem is used as a platform. These devices are built on silicone, which can be used to grow internal organs. This finds application in organ transplantation and also
Organ Preservation Systems Market 2017-2021
Organ preservation systems have greatly evolved, and would rapidly increase the number of transplants in the future by keeping vital organs viable for a longer time. With increased demand for organ transplants, it has become crucial for care givers to wisely utilize the small number of organs donated. With increasing prevalence of diseases such as cancer, the demand for organ transplant has increased immensely in the recent past. Patients with
Organ Preservation Solutions Market: Growing Awareness of Organ Transplants thro …
The mounting cases of organ failures indicate that the world is on the brink of global emergency for the demand for organ transplants. Increasing organ transplant procedures call for organ preservation that aids in maintaining organs’ viability through the duration of donation and transplant, thereby propelling the growth of the global organ preservation solutions market. As per a research report by Transparency Market Research (TMR), the global organ preservation solutions market
Artificial Organ Bank Market Size, 2015 – 2020
An artificial organ is a man-made device that is implanted human body to replace a natural organ, for the purpose of restoring a specific function so that patient may return to a normal life as soon as possible. Artificial organ is used to replace the function of missing organ or other part of the human body. Artificial organs include the artificial heart and pacemaker, the use of dialysis to perform