Blood Banking and Blood Products Market Report 2024 (Global Edition)

Global Blood Banking and Blood Products Market Report 2024 Market Size Split by Type (RBCs, Plasma, Platelets, Whole Blood, Cryo), by Application (Trauma & Surgery, Bleeding Disorder, Cancer Treatment...

Blood Banking and Blood Products Market Report Description

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Blood Banking and Blood Products Market Insights Video

Company Profile

Vitalant

Vitalant is a non-profit organization that is involved in blood collection, testing, logistics, distribution, special services etc. The organization with its national network of community donation centers strive hard to deliver blood to hospitals present in locality and all across the U.S. The organization also supply the blood during the times of regional disasters, severe weather and unexpected tragedies. The company offers patients with the necessary blood components like platelets, red cells, plasma etc. so that the patient can survive, heal and overcome the diseases. 

The company focuses on bringing collective impact by bringing together top experts in field, inspiring people to donate blood, providing specialized patient services and pharmaceuticals, conducting advance cutting-edge research, producing a safe and ready blood supply, etc

News:

• May 2021

Vitalant, One Blood and the American Red Cross are conducting innovative research that could help lead to additional changes in donor eligibility for men who have sex with men.

Vitalant, OneBlood and the American Red Cross launched a pilot study which is contracted and funded by the U.S. Food and Drug Administration (FDA). The study conducted is ADVANCE study which stand for Assessing Donor Variability and New Concepts in Eligibility. This study will be focused on evaluating alternatives to the FDA’s blood donor deferral policy, where the FDA recommends that a man who has had sex with another man be deferred from donating blood for three months following the most recent sexual contact with another man which was adopted in April 2020.

Canadian Blood Services

Canadian Blood Services is an organization which work together with the donors, recipients, employees, partners and volunteers in order to save the life of Canadian people. The organization is involving in providing the lifesaving products and services in transfusion and transplantation for Canadian patients. The products offered for transfusion and transplantation by the organization includes 

News:

• April 2021

Growing domestic plasma supply for Canadian patients

Canadian Blood Services announced that they are planning to increase plasma collection in more cities across Canada with the support of funding from provincial and territorial governments. The New plasma donor centers will open in Brampton and Ottawa, Ontario by spring 2022.

Top Companies Market Share in Blood Banking and Blood Products Industry: (In no particular order of Rank)

• America's Blood Centers
• Vitalant
• Japan Red Cross Society
• American Red Cross
• Australia Red Cross
• Red Cross Society
• NHS Blood and Transplant
• New York Blood Center
• Canadian Blood Services
• Sanquin Blood Supply Foundation
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Blood Banking and Blood Products Market Regional Analysis

Region and country analysis section of Blood Banking and Blood Products Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Blood Banking and Blood Products market.

The current report Scope analyzes Blood Banking and Blood Products Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Blood Banking and Blood Products Market Analysis

Blood Banking and Blood Products Market, by Type

• RBCs

RBCs Revenue (USD Million) in Blood Banking and Blood Products is estimated to reach USD 8,361.48 Million by 2028.

RBCs are also known as the red blood cells or erythrocytes. These are produced in the bone marrow and are engaged in the transportation of oxygen from lungs to the rest of body and carbon dioxide from body to lungs. It has the shelf life of up to 42 days and is store in cold condition such as in refrigerator. It is widely used in the medical condition such as trauma, surgery, blood disorders (sickle cell), any blood loss, anemia.

• Plasma

Plasma is the clear, straw-colored liquid portion of blood that remains after red blood cells, white blood cells, platelets and other cellular components are removed. It is the single largest component of human blood, comprising about 55 percent, and contains water, salts, enzymes, antibodies and other proteins.

• Platelets

Platelets are also referred as thrombocytes. The main function of the platelets is to prevent the blood loss by adhering to the lining of blood vessels. These are produced in the bone marrow and are colorless cell fragments having the shelf life of 5 days. Platelets can be obtaining from the blood by centrifuge and can be store at room temperature with constant agitation to prevent clumping. It is used for cancer treatments, organ transplants and surgery.

• Whole Blood

Whole Blood is a blood with all its component which is used in Trauma and Surgery. It is common type of blood donation which required minimal processing and can be store from 21-35 days in refrigerator.

• Cryo

Cryo stands for the Cryoprecipitate Antihemophilic Factor which is a white color substance present in portion of plasma which is rich in clotting factors with other two factor which are Factor VIII and fibrinogen. The function of Cryo in the blood is to slowdown or stop the bleeding in the body. It is obtained by freezing and then slowly defrosting frozen plasma, having the shelf life of a year in frozen condition. The Cryo are generally used in the medical conditions such as hemophilia, von Willebrand disease or as a source of fibrinogen.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Blood Banking and Blood Products Industry. Request a Free Sample PDF!

Blood Banking and Blood Products Market, by Application

• Trauma & Surgery

Trauma & Surgery Revenue (USD Million) in Blood Banking and Blood Products is estimated to reach USD 11,368.34 Million by 2028.

A large amount of blood is lost in traumatic injury which is caused by road traffic crashes, burns, stabbings, falling, etc. Many times, heavy blood loss is also seen during surgical procedures due to various reasons. In such cases, the blood or blood components are transfused to the patient to cope-up with the blood loss.

• Bleeding Disorder

Bleeding Disorder such as Haemophilia, Von Willebrand disease, etc. where the body lack the ability to coagulate blood, due to which the bleeding of blood cannot be controlled by the body itself. In such cases the blood component responsible for coagulations of blood are supplied from outside via transfusion, such as cryo. This is a rare but dangerous phenomenon where all the blood from body can be leak which may lead to death of person.

• Cancer Treatment

Blood helps the cancer patients to fight the cancer and to minimize the side effect of the treatment. Many a times anemia is also observes as a common factor develop in the cancer patient. In such cases the blood transfusion helps the cancer patient for faster recovery. In the cancer such as leukemia, the bone marrow (responsible for production of various blood cell) get damage. In such case the patient body is incapable of producing blood and need the blood transfusion from outside. As the number of cancer patient is increasing, the need for the blood for the cancer patients also increases.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

LinkedIn

Profile

Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

Author's Conclusion