Global Blood and Organ Bank Market growing at a CAGR of 5.4% from 2023 to 2030

Category : Pharmaceuticals And Healthcare | Published Date : May 2023

Key Market Overview

The global blood and organ bank market is expected to grow at a significant growth rate during the forecast period of 2023-2030. The Consegic Business Intelligence analyzes that the global blood and organ bank market market is expected to reach USD 25,059.98 million in 2030, which was USD 16,679.58 million in 2022, and register a compound annual growth rate of 5.4%.

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.

Global Blood and Organ Bank Market By Overview

Global 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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Market Dynamics



  • Rising prevalence of hematological diseases such as thalassemia, sickle cell anemia, and blood cancer are contributing to the growth of the market.
  • Rising number of accidental cases and organ failure is propelling the market growth of blood and organ bank.



  • High cost of blood processing and storage devices are likely to hinder the market growth.

Market Segmentation:

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

Competitive Landscape :

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.

  • The American National Red Cross
  • New England Donor Services
  • New York Blood Center
  • The Living Bank
  • Musculoskeletal Transplant Foundation
  • CBR Systems Inc.
  • Vitalant
  • Bio Products Laboratory Ltd.
  • America's Blood Centers
  • Canadian Blood Services
  • Terumo BCT Inc.