Blood Market

Global Blood Market By Products (Whole Blood Collection and Processing [Whole Blood Collection Systems and Whole Blood Collection Consumables], Source Plasma Collection [Source Plasma Collection Systems and Source Plasma Collection Consumables], Blood Typing Products [Blood Typing Systems and Blood Typing Reagents], and Blood Screening Products [Blood Screening Systems and Blood Screening Reagents]), End-users (Blood & Blood Component Bank, Diagnostic Laboratories, Ambulatory Surgical Centers, Blood And Blood Component Bank, and Others) and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022-2030

  • Report ID: HC-4522
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 50
  • No. Of Pages: 199
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The global blood market size is anticipated to expand at a CAGR of 4.5% and is projected to reach USD 11,929 billion during the forecast period, between 2022 and 2030. The growing population, emerging economies, growing number of surgical procedures that lead to blood loss and require the use of donated whole blood are propelling the global blood market.

Global Blood Market Summary

Blood is a highly essential body fluid that is constantly circulating to provide the body with oxygen, nutrition, and waste removal. Blood mostly contains liquid, numerous cells, and proteins that make it thicker. The average person has about 5 liters of blood in the body. The liquid in the blood is called plasma, which contains proteins that help blood to clot and transfer substances through the blood, and perform other functions. Blood plasma also contains glucose and other dissolved nutrients that are responsible for the smooth functioning of organs. Nearby half of the blood volume is composed of red blood cells, white blood cells, and platelets.

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising trend of blood and plasma donations, especially among young population across the globe is boosting the market.
  • Increasing demand for whole blood, plasma, and its components in the healthcare industry is driving the market.
  • Growing geriatric population suffering from life-threatening diseases surges the demand for blood and plasma worldwide is fueling the market. 
  • Lack of skilled professionals for handling laboratories and high cost associated with the advanced blood collection devices is hampering the market.
  • Favorable rules and regulations imposed by the government for blood screening are creating opportunities in the market. 
  • Advancement in blood screening and blood transfusion instruments are generating opportunities in the market. 

Scope of the report:

The report on the global blood market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Blood Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

By Products (Whole Blood Collection and Processing [Whole Blood Collection Systems and Whole Blood Collection Consumables], Source Plasma Collection [Source Plasma Collection Systems and Source Plasma Collection Consumables], Blood Typing Products [Blood Typing Systems and Blood Typing Reagents], and Blood Screening Products [Blood Screening Systems and Blood Screening Reagents]), End-users (Blood & Blood Component Bank, Diagnostic Laboratories, Ambulatory Surgical Centers, Blood And Blood Component Bank, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Abbott, Bio-Rad Laboratories, Inc, F. Hoffmann-La Roche Ltd, Grifols, S.A., Haemonetics Corporation, Novo Nordisk A/S, Terumo Corporation, BD, Thermo Fisher Scientific, and DiaSorin S.p.A.

Blood Market Segment Insights:

Whole Blood Collection and Processing segment to grow during the anticipated period

In terms of products, the global blood market is segmented into whole blood collection and processing, source plasma collection, blood typing products, and blood screening products. The whole blood collection segment is further sub-segmented into whole blood collection systems and whole blood collection consumables. The source plasma collection is further sub-segmented into source plasma collection systems and source plasma collection consumables. Blood typing product segment is further sub-segmented into blood typing systems and blood typing reagents. The blood screening products segment is further sub-segmented into blood screening systems and blood screening reagents. The whole blood collection and processing segment is constituted a significant market share in 2021 and is projected to grow in the near future, due to the increasing demand for whole blood among consumers. Surging number of whole blood collection centres across the globe boosting the market. The growth in the whole blood collection and processing segment is attributed to the rising number of blood banks driving the market.

The source plasma collection segment is projected to expand at a significant rate during the forecast period, owing to rising incidence of chronic diseases such as kidney and liver diseases.

Global Blood Market Products

Blood & blood component bank segment estimated to grow in the near future

Based on end-users, the global blood market is categorized as blood & blood component bank, diagnostic laboratories, ambulatory surgical centers, blood & blood component bank, and others. The blood & blood component bank segment is expected to hold a significant share of the market during the forecast period, due to the surging number of blood banks worldwide. Moreover, blood banks received a large number of blood donations, which is anticipated to propel the segment in the near future.

Global Blood Market End Users

North America estimated to account for significant market share

In terms of regions, the global blood market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2021, owing to factors such as easy availability of systems, reagents, and consumables used in whole blood collecting, processing, typing, and screening. Presence of large number of key players and blood collection & plasma collection centers drives the market in North America

The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period due to the growing population and increasing awareness related to blood and plasma donation among consumers. Moreover, increasing government expenditure to develop healthcare industry is anticipated to boost the market in Asia Pacific.

Global Blood Market Region

Segments

By Products

  • Whole Blood Collection and Processing
    • Whole Blood Collection Systems
    • Whole Blood Collection Consumables
  • Source Plasma Collection
    • Source Plasma Collection Systems
    • Source Plasma Collection Consumables
  • Blood Typing Products
    • Blood Typing Systems
    • Blood Typing Reagents
  • Blood Screening Products
    • Blood Screening Systems
    • Blood Screening Reagents

By End-users

  • Blood & Blood Component Bank
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers
  • Blood And Blood Component Bank
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Abbott
  • Bio-Rad Laboratories, Inc
  • F. Hoffmann-La Roche Ltd
  • Grifols, S.A.
  • Haemonetics Corporation
  • Novo Nordisk A/S
  • Terumo Corporation
  • BD
  • Thermo Fisher Scientific
  • DiaSorin S.p.A.

Competitive Landscape

Key players in the global blood market include Abbott, Bio-Rad Laboratories, Inc, F. Hoffmann-La Roche Ltd, Grifols, S.A., Haemonetics Corporation, Novo Nordisk A/S, Terumo Corporation, BD, Thermo Fisher Scientific, and DiaSorin S.p.A. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global Blood Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Blood Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Blood Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Blood Market - Supply Chain
  4.5. Global Blood Market Forecast
     4.5.1. Blood Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Blood Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Blood Market Absolute $ Opportunity
5. Global Blood Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Blood Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Blood Demand Share Forecast, 2019-2026
6. North America Blood Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Blood Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Blood Demand Share Forecast, 2019-2026
7. Latin America Blood Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Blood Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Blood Demand Share Forecast, 2019-2026
8. Europe Blood Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Blood Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Blood Demand Share Forecast, 2019-2026
9. Asia Pacific Blood Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Blood Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Blood Demand Share Forecast, 2019-2026
10. Middle East & Africa Blood Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Blood Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Blood Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Blood Market: Market Share Analysis
  11.2. Blood Distributors and Customers
  11.3. Blood Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Abbott
     11.4.2. Bio-Rad Laboratories, Inc
     11.4.3. F. Hoffmann-La Roche Ltd
     11.4.4. Grifols, S.A.
     11.4.5. Haemonetics Corporation
     11.4.6. Novo Nordisk A/S
     11.4.7. Terumo Corporation
     11.4.8. BD

By Products

  • Whole Blood Collection and Processing
    • Whole Blood Collection Systems
    • Whole Blood Collection Consumables
  • Source Plasma Collection
    • Source Plasma Collection Systems
    • Source Plasma Collection Consumables
  • Blood Typing Products
    • Blood Typing Systems
    • Blood Typing Reagents
  • Blood Screening Products
    • Blood Screening Systems
    • Blood Screening Reagents

By End-users

  • Blood & Blood Component Bank
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers
  • Blood And Blood Component Bank
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Abbott
  • Bio-Rad Laboratories, Inc
  • F. Hoffmann-La Roche Ltd
  • Grifols, S.A.
  • Haemonetics Corporation
  • Novo Nordisk A/S
  • Terumo Corporation
  • BD
  • Thermo Fisher Scientific
  • DiaSorin S.p.A.

Key players in the global blood market include Abbott, Bio-Rad Laboratories, Inc, F. Hoffmann-La Roche Ltd, Grifols, S.A., Haemonetics Corporation, Novo Nordisk A/S, Terumo Corporation, BD, Thermo Fisher Scientific, and DiaSorin S.p.A. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global Blood Market Key Players

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