Blood and Blood Components Market size is estimated to be USD 40.6 Billion in 2024 and is expected to reach USD 66.1 Billion by 2033 at a CAGR of 6.2% from 2026 to 2033.
The global Blood and Blood Components Market was valued at USD 30.2 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The market is driven by the increasing prevalence of chronic diseases, a rise in surgeries, and growing demand for blood transfusion services across various medical conditions. In terms of regional distribution, North America held the largest market share in 2022, accounting for approximately 40% of the total market. The Asia Pacific region is expected to witness the highest growth rate, with a CAGR of 7.8%, owing to the increasing healthcare infrastructure, rising geriatric population, and improving blood donation drives in countries such as China and India.
Europe also represents a significant share in the Blood and Blood Components Market, contributing around 30% of the global revenue, driven by robust healthcare systems and high demand for blood donations. The Latin America and Middle East & Africa regions are expected to grow steadily, with a CAGR of 5.2% and 4.3%, respectively, as a result of expanding healthcare access and increasing awareness about blood donation programs. The demand for blood components, such as red blood cells, plasma, and platelets, continues to rise across all regions due to higher incidences of trauma, surgical procedures, and hematologic conditions. Opportunities for market growth lie in advancing blood storage technologies and enhancing blood donation campaigns in emerging economies.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=770318&utm_source=Google_site_G_April&utm_medium=227
Â
American Association of Blood Banks (AABB)
AVIS National
International Federation of Red Cross and Red Crescent Societies (IFRC)
NHS Blood and Transplant (NHSBT)
Northern Ireland Blood Transfusion Service
Scottish National Blood Transfusion Service(NHS National Services Scotland)
Welsh Blood Service
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=770318&utm_source=Google_site_G_April&utm_medium=227
Growing demand for below applications around the world has had a direct impact on the growth of the Global Blood and Blood Components Market
Whole Blood
Red Blood Cells (RBCs)
Platelets
Plasma
Cryoprecipitate
White Blood Cells (WBCs)
Hospitals
Academic and Research Institutes
Blood Banks
Diagnostic Centers
Specialized Clinics
Healthcare Providers
Pharmaceutical Companies
Research Laboratories
Blood Donation Organizations
Diagnostic Laboratories
Refrigerated Storage
Frozen Storage
Desiccated Storage
Room Temperature Storage
Blood Component Separation
Blood Fractionation
Pathogen Reduction Technology
Filtration Method
Leukoreduction
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/blood-and-blood-components-market/
1. Introduction of the Global Blood and Blood Components Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Blood and Blood Components Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Blood and Blood Components Market, By Type
6. Global Blood and Blood Components Market, By Application
7. Global Blood and Blood Components Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Blood and Blood Components Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/