Blood Banks are a place that is engaged in collecting, processing, testing, storing and distributing blood and blood products to hospitals, ambulatory centers during an emergency. The blood or blood products before storing are extensively tested and well processed before distributing.
MARKET SCOPE
The "Global Blood Bank Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Blood Bank market with detailed market segmentation by type, function, bank type, end use and geography. The report provides key statistics on the market status of the leading Blood Bank market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global blood bank market is segmented into whole blood, rbc, platelets, plasma, wbc
- Based on the basis of function, the market is segmented into collection, processing, testing, storage, transportation.
- Based on the basis of bank type, the market is segmented into private, public.
- Based on the basis of end user, the market is segmented into hospitals, ambulatory surgery centers, pharmaceutical companies, clinics and nursing homes, others.
MARKET DYNAMICS
Drivers:
- Increase in prevalence of hematological diseases
- Rise in accidental cases, increasing number of geriatric population
- High demand for safe blood due to high prevalence of transfusion transmissible infections such as HIV, Hepatitis B across the world.
Restraints:
- Rise in wastage of donated blood and stringent regulation.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Blood Bank market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blood Bank market in these regions.
IMPACT OF COVID-19 ON BLOOD BANK MARKET
Due to the restricted supply of operating rooms as a result of the worldwide epidemic, Covid-19 has emerged as the primary barrier to progress in this market segment. The American Society of Retina Specialists has created recommendations for medical practitioners addressing the appropriateness of eye surgery based on the severity of the condition. Patients were divided into three categories: emergent, non-emergency, and urgent. Non-emergency circumstances include, for example, a patient with a misplaced intraocular lens.
MARKET PLAYERS
The report covers key developments in the Blood Bank market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Blood Bank market are anticipated to lucrative growth opportunities in the future with the rising demand for Blood Bank in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Blood Bank market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- The American National Red Cross
- Vitalant
- New York Blood Center
- Terumo Corporation
- NHS Blood and Transplant
- National Blood Transfusion Council
- Sanquin
- CSL
- America's Blood Centers
- Canadian Blood Services