Latest Research Study on Global Blood Banking Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Blood Banking Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Blood Banking. This Report also covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are American Red Cross (United States), Vitalant (United States), New York Blood Centre (United States), Australian Red Cross (Australia), Japan Red Cross Society (Japan), American Association of Blood Banks (United States), America's Blood Centers (United States), Canadian Blood Services (Canada), Sanquin Blood Supply Foundation (Netherlands) and Blood Bank of Alaska (United States). Additionally, following companies can also be profiled that are part of our coverage like Indian Red Cross Society (India), NHS Blood and Transplant (United Kingdom), New Zealand Blood Service (New Zealand), National Blood Centre (Malaysia), German Red Cross (Germany) and Rotary Blood Bank (India).
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The process of collecting, separating, and storing blood is referred to as blood banking. Blood banks collect blood and separate it into its various components so they can be used more effectively as per the patient requirement. Donated blood remains an important and immediate lifesaving resource. Owing to the rising surgical procedures, blood banking has gained significant importance in the last few decades. Based on the product type, the market has been segmented into Whole Blood, Red Blood Cell, Platelet, Plasma, and Blood CellWhite. Based on the bank type, the market has been segmented into public and private. According to AMA, the Global Blood Banking market is expected to see growth rate of 6.2% and may see market size of USD17758.75 Million by 2024.
Market Drivers
- The surge in Prevalence of Hematological Diseases
Market Trend
- Refrigeration of Blood with RFID (Radio Frequency Identification) Technology
Restraints
- The rise in Wastage of Donated Blood
Opportunities
- The Increasing Profitability of Blood Banking
Challenges
- Delivery Timeframe of Blood to the Patients
The Global Blood Banking Market segments and Market Data Break Down are illuminated below:
Type (Whole Blood, Red Blood Cell, Platelet, Plasma, Blood CellWhite), Function (Collection, Processing, Testing, Storage, Transportation), Bank Type (Private, Public), End User (Hospital, Ambulatory Surgery Centers, Pharmaceutical Companies, Clinics & Nursing homes, Others)