According to a new report published by Allied Market Research, titled, โBlood Bank Market: Global Opportunity Analysis and Industry Forecast, 2020-2027โ the global blood bank market size was valued at $13.85 billion in 2019 and is expected to reach $21.86 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027. Blood banks are primarily involved in collecting, processing, testing, storing, and distributing whole blood and blood products. Furthermore, the collected blood or blood products are extensively tested as well as processed, which increases blood prices.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐จ๐ฎ๐๐ก๐๐ซ: https://www.alliedmarketresearch.com/request-sample/5048
High prevalence of blood transfusion infections such as HIV and Hepatitis B worldwide, increase in the number of elderly population and high demand for safe blood complement the growth of the blood bank market. Increase in the prevalence of hematological diseases and increase in accidents are the major factors driving the growth of the global blood bank market.
Increasing wastage of donated blood and stringent rules and regulations are expected to hamper the growth of the blood bank market. Conversely, blood transfusion in emerging nations is expected to provide significant lucrative opportunities to market players.
In a blood bank, products including whole blood, red blood cells, platelets and plasma are stored for a short period of time depending on the results of the test procedure. Furthermore, they provide distribution services to hospitals, ambulatory surgery centers, pharmaceutical companies, research centers and others. Currently, the demand for packed red blood cells over whole blood during transfusion is high among healthcare providers.
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The global blood bank market is segmented on the basis of product type, function, bank type, end user, and region. On the basis of product type, the market is classified as whole bloods, red blood cells, platelets, plasma, and white blood cells. The function segment includes collection, processing, testing, storage, and transportation. By bank type, it is bifurcated into private and public. Depending on end user, it is categorized as hospitals, ambulatory surgery centers, pharmaceutical companies, clinics & nursing homes, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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- This report provides a detailed quantitative analysis of the current blood bank market trends and future estimations from 2020 to 2027, which assists in identifying the prevailing blood bank market opportunities.
- An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the global blood bank market is provided.
- The key regulatory guidelines for the blood bank market are critically dealt with according to geography.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/5048
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
- American Association Of Blood Banks
- America’s Blood Centers
- Australian Red Cross Society
- Blood Bank Of Alaska
- Canadian Blood Services
- Japanese Red Cross Society
- New York Blood Centre
- Sanquin Blood Supply Foundation
- The American Red Cross
- Vitalant
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Human Growth Hormone (hGH) Market
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