Category : Pharmaceuticals And Healthcare | Published Date : May 2023 | Type : Press Release
The report highlights the increasing prevalence of common blood disorders, bleeding disorders, and blood cancers is driving the market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the blood and organ bank market.
The blood and organ bank market is bifurcated into services type and end-users. Based on services type, the market is segmented into red blood cell collection, blood plasma collection, organ bank, tissue bank, health screening, all other human blood, reproductive and stem cell bank, and others. In 2022, the red blood cell collection segment dominate in the overall blood and organ bank market. The end-user segment is categorized into hospitals, diagnostics centers, ambulatory surgery centers, blood bank, and others. In 2022, the hospital segment accounted for the highest market share in the blood and organ bank market.
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Report Attributes | Report Details |
By Services Type | Red Blood Cell Collection, Blood Plasma Collection, Organ Bank, Tissue Bank, Health Screening, All Other Human Blood, Reproductive and Stem Cell Bank, and Others |
End User | Hospitals, Diagnostics Centers, Ambulatory Surgery Centers, Blood Bank, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The market is dominated by certain major companies such as The American National Red Cross, New England Donor Services, and New York Blood Center have a strong market position in current market circumstances. Further, the Blood and Organ Bank Market is expected to witness significant growth in coming years due to increased incidence of lifestyle disorders. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.