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Medical Care

Global Blood Bank Market Size study, by Product Type (Whole Blood, Red Blood Cells, Platelets, Plasma, White Blood Cells), by Function (Collection, Processing, Testing, Storage, Transportation), by Bank Type (Private, Public), by End-User (Hospital, Ambulatory Surgery Centers, Pharmaceutical Companies, Clinics & Nursing homes, Others) and Regional Forecasts 2020-2027

Global Blood Bank Market is valued approximately at USD 13.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2020-2027. A blood bank is a center where the blood is accumulated, stored, and processed for transfusion. More often, it sometimes refers to as a collection center, and a few hospitals also operate collection of blood. Blood bank stores products which include red blood cells, platelets, and plasma for shorter time duration that usually rely on the outcome of testing procedure. Thus, this healthcare facility may ensure the availability of blood and related products through the period of time, which may accelerate the demand for blood bank market around the world. Rise in the geriatric populations, growing prevalence of hematological diseases among people, and rising investment and government funding in the development of blood banks are the few factors responsible for the impressive CAGR of the market during the forecast period. According to the World Health Organization (WHO), the number of people aged 65 or above is likely to grow to nearly 1.6 billion till 2050 from 524 million in 2010. This increase in geriatric population is mainly improved by the improving healthcare infrastructure and olutions, that has increased the life expectancy of old age population. This, in turn, is likely to strengthen the demand for Blood Bank, thereby augmenting the market growth throughout the world. Further, the requirement for blood and its components is increasing with shortage of blood cells among people, thereby driving the utility for blood banks. According to the American Red Cross, roughly 36000 units of red blood cells is needed each day. Every year, around 21 million blood components are transfused in the United States, that may foster the demand for blood banks. However, the stringent norms & regulatory policies on the development of blood banks are the few factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Blood Bank market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the favorable government support for the approval of blood bank, along with the significant presence of market players in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of blood-related disorders and improving healthcare infrastructure in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the cancer vaccine market in the Asia-Pacific region.

Major market player included in this report are:
American Association of Blood Banks (AABB)
America's Blood Centers
Australian Red Cross
Blood Bank of Alaska
Canadian Blood Services
Japanese Red Cross Society
New York Blood Center
Sanquin Blood Supply Foundation
American Red Cross
Vitalant

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Whole Blood
Red Blood Cells
Platelets
Plasma
White Blood Cells

By Function:
Collection
Processing
Testing
Storage
Transportation

By Bank Type:
Private
Public

By End-User:
Hospital
Ambulatory Surgery Centers
Pharmaceutical Companies
Clinics & Nursing homes
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Blood Bank Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Blood Bank Market, by Region, 2018-2027 (USD Billion)
1.2.2. Blood Bank Market, by Product Type, 2018-2027 (USD Billion)
1.2.3. Blood Bank Market, by Function, 2018-2027 (USD Billion)
1.2.4. Blood Bank Market, by Bank Type, 2018-2027 (USD Billion)
1.2.5. Blood Bank Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Blood Bank Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Blood Bank Market Dynamics
3.1. Blood Bank Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Blood Bank Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Blood Bank Market, by Product Type
5.1. Market Snapshot
5.2. Global Blood Bank Market by Product Type, Performance - Potential Analysis
5.3. Global Blood Bank Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
5.4. Blood Bank Market, Sub Segment Analysis
5.4.1. Whole Blood
5.4.2. Red Blood Cells
5.4.3. Platelets
5.4.4. Plasma
5.4.5. White Blood Cells
Chapter 6. Global Blood Bank Market, by Function
6.1. Market Snapshot
6.2. Global Blood Bank Market by Function, Performance - Potential Analysis
6.3. Global Blood Bank Market Estimates & Forecasts by Function 2017-2027 (USD Billion)
6.4. Blood Bank Market, Sub Segment Analysis
6.4.1. Collection
6.4.2. Processing
6.4.3. Testing
6.4.4. Storage
6.4.5. Transportation
Chapter 7. Global Blood Bank Market, by Bank Type
7.1. Market Snapshot
7.2. Global Blood Bank Market by Bank Type, Performance - Potential Analysis
7.3. Global Blood Bank Market Estimates & Forecasts by Bank Type 2017-2027 (USD Billion)
7.4. Blood Bank Market, Sub Segment Analysis
7.4.1. Private
7.4.2. Public
Chapter 8. Global Blood Bank Market, by End-User
8.1. Market Snapshot
8.2. Global Blood Bank Market by End-User - Potential Analysis
8.3. Global Blood Bank Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
8.4. Blood Bank Market, Sub Segment Analysis
8.4.1. Hospital
8.4.2. Ambulatory Surgery Centers
8.4.3. Pharmaceutical Companies
8.4.4. Clinics & Nursing homes
8.4.5. Others
Chapter 9. Global Blood Bank Market, Regional Analysis
9.1. Blood Bank Market, Regional Market Snapshot
9.2. North America Blood Bank Market
9.2.1. U.S. Blood Bank Market
9.2.1.1. Product Type breakdown estimates & forecasts, 2017-2027
9.2.1.2. Function breakdown estimates & forecasts, 2017-2027
9.2.1.3. Bank Type breakdown estimates & forecasts, 2017-2027
9.2.1.4. End-User breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Blood Bank Market
9.3. Europe Blood Bank Market Snapshot
9.3.1. U.K. Blood Bank Market
9.3.2. Germany Blood Bank Market
9.3.3. France Blood Bank Market
9.3.4. Spain Blood Bank Market
9.3.5. Italy Blood Bank Market
9.3.6. Rest of Europe Blood Bank Market
9.4. Asia-Pacific Blood Bank Market Snapshot
9.4.1. China Blood Bank Market
9.4.2. India Blood Bank Market
9.4.3. Japan Blood Bank Market
9.4.4. Australia Blood Bank Market
9.4.5. South Korea Blood Bank Market
9.4.6. Rest of Asia Pacific Blood Bank Market
9.5. Latin America Blood Bank Market Snapshot
9.5.1. Brazil Blood Bank Market
9.5.2. Mexico Blood Bank Market
9.6. Rest of The World Blood Bank Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. American Association of Blood Banks (AABB)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. America's Blood Centers
10.2.3. Australian Red Cross
10.2.4. Blood Bank of Alaska
10.2.5. Canadian Blood Services
10.2.6. Japanese Red Cross Society
10.2.7. New York Blood Center
10.2.8. Sanquin Blood Supply Foundation
10.2.9. American Red Cross
10.2.10. Vitalant
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
  • FORMAT: PDF
  • PUBLISHED DATE: Jan, 2021
  • NO OF PAGES: 200