Global Blood Bank (Blood Banking) Market Growth (Status and Outlook) 2019-2024

This report studies the Blood Banking market, and blood banking refers to the process of collecting, separating, and storing blood. A blood bank is a center where blood gathered as a result of blood donation is stored and preserved for later use in blood transfusion. The term "blood bank" typically refers to a division of a hospital where the storage of blood product occurs and where proper testing is performed (to reduce the risk of transfusion related adverse events). However, it sometimes refers to a collection center, and indeed some hospitals also perform collection.
Blood and blood products can be applied in Hospital, Clinic and Other. The most of Blood and blood products is used in Hospital, and the market share of that is about 56.6 % in 2017.
North America is the largest consumption place, with a consumption market share nearly 41.9% in 2017. Over the past five years, the number of U.S. blood transfusions has decreased by about 33%, down from 15 million units to 11 million units, according to the American Red Cross. This decline has mostly stemmed from an uptick in "minimally invasive" surgical techniques, such as laparoscopic surgery, and shifts in transfusion guidelines from different medical groups.
Following North America; Europe is the second largest consumption place with the consumption market share of 35.5% in 2016. Blood and blood products market in Asia Pacific region is expected to exhibit the highest growth rate especially in the developing Asian countries like China & India.

According to this study, over the next five years the Blood Bank (Blood Banking) market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 40500 million by 2024, from US$ 26000 million in 2019. In particular, this report presents the global revenue market share of key companies in Blood Bank (Blood Banking) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Blood Bank (Blood Banking) market by product type, application, key companies and key regions.

This study considers the Blood Bank (Blood Banking) value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Type I
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Hospital
Clinic
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
American Red Cross
Japan Red Cross Society
New York Blood Center
Sanquin Blood Supply Foundation
America’s Blood Centers
Canadian Blood Services
Shire (Baxalta)
CSL
Grifols
Octapharma
Kedrion
LFB Group
Biotest
BPL
RAAS
CBPO
Hualan Bio
Sichuan Yuanda Shuyang
Abbott
Beckman Coulter
BD
Bio-Rad Laboratories
bioMérieux
Cerus
Haemonetics
Immucor
Fresenius Kabi
MacoPharma
Ortho-Clinical
Terumo BCT
Kawasumi

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Blood Bank (Blood Banking) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Blood Bank (Blood Banking) market by identifying its various subsegments.
Focuses on the key global Blood Bank (Blood Banking) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Blood Bank (Blood Banking) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Blood Bank (Blood Banking) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.