The global blood bank market was valued at $11,527 million in 2017, and is projected to reach $18,649 million by 2025, registering a CAGR of 6.1% from 2018 to 2025

Friday, October 19, 2018 General News
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LONDON, Oct. 18, 2018 /PRNewswire/ -- Blood Bank Market by Product Type (Whole Blood, Red Blood Cell, Platelet, Plasma, and White Blood Cell), Function (Collection, Processing, Testing, Storage, and Transportation), Bank Type (Private and Public), and End User (Hospital, Ambulatory Surgery Centers, Pharmaceutical Companies, Clinics & Nursing Homes, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

Download the full report: https://www.reportbuyer.com/product/5591600 Blood Bank Market Overview :The global blood bank market was valued at $11,527 million in 2017, and is projected to reach $18,649
million
by 2025, registering a CAGR of 6.1% from 2018 to 2025. A blood bank is a non-profit organization that engages in all the operations such as collection, processing, testing, storage, and distribution of blood and blood components drawn from donors. A blood bank can be a separate free-standing organization or operates as a part of a hospital. In addition, a blood bank provides safe or disease-free blood for transfusion to save a patient's life and curb the complications that can arise due to severe blood loss.Blood banks have witnessed an increase in demand, owing to high prevalence of hematological diseases and rise in number of accidental cases across the world. In addition, growth in the geriatric population who is prone to blood disorders and high demand for blood transfusion supplement the market growth. However, wastage of the donated blood and stringent rules & regulations are anticipated to hamper the market growth. On the contrary, blood transfusion in emerging nations is expected to offer significant profitable opportunities for the market players.The global blood bank market is segmented based on product type, function, bank type, end user, and region. Based on product type, the market is classified as whole blood, red blood cell, platelets, plasma, and white blood cell. The function segment studies collection, processing, testing, storage, and transportation. Based on bank type, the market is segmented into private and public. Depending on end user, the market is classified into hospital, ambulatory surgery center, pharmaceutical companies, clinics & nursing homes, and others. Based on region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.Key Benefits For blood bank marketThis report provides a detailed quantitative analysis of the current market trends and future estimations from 2018 to 2025, which assists in identifying the prevailing 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 allow companies to strategically plan their business moves.Blood Bank Key Market SegmentsBy Product TypeWhole bloodRed Blood CellPlateletPlasmaWhite Blood CellBy FunctionCollectionProcessingTestingStorageTransportationBy Bank TypePrivatePublicBy End UserHospitalAmbulatory Surgery CentersPharmaceutical CompaniesClinics & Nursing homesOthersBy RegionNorth AmericaU.S.CanadaMexicoEuropeGermanyFranceUKRest of EuropeAsia-PacificAustraliaJapanIndiaChinaRest of Asia-PacificLAMEABrazilSaudi ArabiaSouth AfricaRest of LAMEAKEY MARKET PLAYERSThe American Red CrossVitalantNew York Blood CentreAustralian Red CrossJapan Red Cross SocietyAmerican Association of Blood BanksAmerica's Blood CentersCanadian Blood ServicesSanquin Blood Supply FoundationBlood Bank of AlaskaThe other players in the value chain include (profiles not included in the report):Indian Red Cross SocietyNHS Blood and TransplantNew Zealand Blood ServiceNational Blood CentreGerman Red CrossRotary Blood BankDownload the full report: https://www.reportbuyer.com/product/5591600 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: sarah@reportbuyer.com Tel: +1 (718) 213 4904 Website: www.reportbuyer.com

Cision View original content:http://www.prnewswire.com/news-releases/the-global-blood-bank-market-was-valued-at-11-527-million-in-2017--and-is-projected-to-reach-18-649-million-by-2025--registering-a-cagr-of-6-1-from-2018-to-2025--300733805.html

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