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Blood Banking Market Is Expected to Reach 46300 Million US$ by 2025

The Global Blood Bank Blood Banking Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

Los Angeles, CA -- (SBWIRE) -- 10/30/2018 -- This report studies the global Blood Bank (Blood Banking) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Blood Bank (Blood Banking) market by companies, region, type and end-use industry.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.In 2017, the global Blood Bank (Blood Banking) market size was 26000 million US$ and it is expected to reach 46300 million US$ by the end of 2025, with a CAGR of 7.5% during 2018-2025.

This report focuses on the global top players, covered

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

Market segment by Type, the product can be split into

Type I

Type II

Market segment by Application, split into

Hospital

Clinic

Others

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Market size split by Region

-North America
-Asia-Pacific
-Europe
-Central & South America
-Middle East & Africa

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