Blood And Blood Components Market
Healthcare Services

Global Blood And Blood Components Market Outlook, Opportunities And Strategies

Learn about the global blood and blood components market through The Business Research Company, which provides information on blood and blood components market size, blood and blood components market drivers and restraints, blood and blood components market players, the COVID-19 impact on the blood and blood components market, and more.

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The global blood and blood components market is expected to grow from $36.47 billion in 2020 to $38.43 billion in 2021 at a compound annual growth rate (CAGR) of 5.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The blood and blood components market is expected to reach $45.18 billion in 2025 at a CAGR of 4.1%.

Increasing incidence of trauma and road accidents are expected to drive innovation in blood and blood components manufacturing, thus driving the market during the forecast period.

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The blood and blood components market consist of sales of blood and blood component. The market involves collection of donor’s blood and segregating it into required components for the purpose of therapy.

Global blood and blood components market segments include:

By Product: Whole Blood, Blood Components

By End-Users: Hospitals, Ambulatory Surgical Centres, Others

By Application: Anaemia, Trauma & Surgery, Cancer Treatment, Bleeding Disorders

By Blood Components: Red Blood Cells, Platelets, Plasma, White Blood Cells

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The most prominent trend that has been witnessed in the blood and blood components market is the growing number of collaborations between the players involved in the market. Companies are adopting partnerships and collaborations in order to expand their reach, increase customer base and generate awareness in the market.

TBRC’s blood and blood components market report covers:

Major Market Players: American Red Cross, Australian Red Cross Blood Service, Abbott Laboratories, Blood Centers of America, and Becton, Dickinson & Co.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Blood And Blood Components Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides blood and blood components market overviews, analyzes and forecasts market size, share, blood and blood components market players, blood and blood components market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s blood and blood components market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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