US Blood Bank Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Whole Blood, RBC, Platelets, Plasma, and WBC), Function (Collection, Processing, Testing, Storage, and Transportation), Bank Type (Private and Public), End User (Hospitals, Ambulatory Surgery Centers, Pharmaceutical Companies, and Others)
Market Introduction
In blood banks,donor’s blood is collected, typed, grouped, stored, and qualified for transfusion to recipients. A blood bank may be a separate freestanding office or part of a giant laboratory in a hospital. The crucial operations of blood banking include typing the blood for transfusion as well as testing it infectious microorganisms or particles.
Get more information on this report :
Market Overview and Dynamics
The US blood bankmarketis expected to reach US$ 6,025.26 millionby 2027 from US$ 3,975.02 million in 2019; it is expected to grow at a CAGR of 5.5% from 2020 to 2027. The high prevalence of hematologic diseases and rise in number of road accidents are among the main factors fueling the growth of the market. However, failure to comply with regulations is the major factor hindering the market growth.
Key Market Segments
In terms of type, the whole blood segment held the larger share of the US blood bank market in 2019;however, the plasma segment is anticipated to register the highest CAGR in the market during the forecast period. In terms of the function,the testing segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR during the forecast period. Further, private blood banksaccounted for a larger share of the market, and the segment is anticipated to register a higher CAGR during the forecast period. By end user, market is segmented into hospitals, ambulatory surgery centers, pharmaceutical companies, and others. Hospitals held the largest market share, and the market for this segment is projected to grow at the fastest CAGR during the forecast period.
Major Sources and Companies Listed
A few of the major primary and secondary sources associated with this report on the US blood bankmarket are American Association of Blood Banks (AABB), America's Blood Centers (ABC), Food and Drug Administration (FDA), and Centers for Disease Control and Prevention (CDC).
Reasons to Buy Report
- Understand theUS blood bankmarket landscape and identifymarket segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive marketlandscape
- Efficiently plan mergers and acquisitions, and partnership dealsin the US blood bankmarket by identifying market segments with the most promising probable sales
- Make knowledgeable business decisions from perceptive and comprehensive analysis of the performance of various segments of the market.
- Obtain revenue forecast for the market based on various segmentsfor the period 2019–2027
By Type
· RBC
· Platelets
· Plasma
· WBC
By Function
· Collection
· Processing
· Testing
· Storage
· Transportation
By Bank Type
· Private
· Public
By EndUser
· Hospital
· Ambulatory Surgery Centers
· Pharmaceutical Companies
· Others
- US
Company Profiles
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Blood Bank Market – By Type
1.3.2 Blood Bank Market – By Function
1.3.3 Blood Bank Market – By Bank Type
1.3.4 Blood Bank Market – By End User
1.3.5 United States Blood Bank Market
2. Blood Bank Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Blood Bank Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 United States – PEST Analysis
5. United States Blood Bank Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Prevalence of Hematologic Diseases
5.1.2 Rise in Road Accidents
5.2 Market Restraints
5.2.1 Non-Compliance with Regulations
5.3 Market Opportunities
5.3.1 Increasing Blood Donation Awareness Programs
5.4 Future Trends
5.4.1 Technological Advancement
5.5 Impact Analysis
6. Blood Bank Market – United States Analysis
6.1 United States Blood Bank Market Revenue Forecast And Analysis
6.2 Market Positioning of Key Players
7. Blood Bank Market– By Type
7.1 Overview
7.2 Blood Bank Market Revenue Share, by Type (2019 and 2027)
7.3 Whole Blood
7.3.1 Overview
7.3.2 Whole Blood: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Plasma
7.4.1 Overview
7.4.2 Plasma: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
7.5 RBC
7.5.1 Overview
7.5.2 RBC: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Platelets
7.6.1 Overview
7.6.2 Platelets: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
7.7 WBC
7.7.1 Overview
7.7.2 WBC: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
8. Blood Bank Market Analysis, by Function
8.1 Overview
8.2 Blood Bank Market Revenue Share, by Function (2019 and 2027)
8.3 Collection
8.3.1 Overview
8.3.2 Collection: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Processing
8.4.1 Overview
8.4.2 Processing: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Testing
8.5.1 Overview
8.5.2 Testing: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Storage
8.6.1 Overview
8.6.2 Storage: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Transportation
8.7.1 Overview
8.7.2 Transportation: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
9. Blood Bank Market Analysis, by Bank Type
9.1 Overview
9.2 Blood Bank Market Revenue Share, by Bank Type (2019 and 2027)
9.3 Private
9.3.1 Overview
9.3.2 Private: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Public
9.4.1 Overview
9.4.2 Public: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
10. Blood Bank Market Analysis, by End User
10.1 Overview
10.2 Blood Bank Market Revenue Share, by End User (2019 and 2027)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Ambulatory Surgery Centers
10.4.1 Overview
10.4.2 Ambulatory Surgery Centers: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
10.5 Pharmaceutical Companies
10.5.1 Overview
10.5.2 Pharmaceutical Companies: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
11. Blood Bank Market – Geographic Analysis
11.1 United States: Blood Bank Market
11.1.1 Overview
11.1.2 United States: Blood Bank Market – Revenue and Forecast to 2027 (USD Million)
11.1.3 United States: Blood Bank Market, by Type, 2018–2027 (USD Million)
11.1.4 United States: Blood Bank Market, by Testing, 2018–2027 (USD Million)
11.1.5 United States: Blood Bank Market, by Bank Type, 2018–2027 (USD Million)
11.1.6 US: Blood Bank Market, by End User, 2018–2027 (USD Million)
12. Impact of COVID-19 Pandemic on United States Blood Bank Market
12.1 United States: Impact Assessment of COVID-19 Pandemic
13. Company Profiles
13.1 Interstate Blood Bank, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Vitalant
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 New York Blood Center
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 The American National Red Cross
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Blood Centers of America
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 CSL Plasma
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 America’s Blood Centers
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 San Diego Blood Bank
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Bloodworks Northwest
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 Glossary of Terms
LIST OF TABLES
Table 1. United States Blood Bank Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 2. United States Blood Bank Market, by Testing – Revenue and Forecast to 2027 (USD Million)
Table 3. United States Blood Bank Market, by Bank Type – Revenue and Forecast to 2027 (USD Million)
Table 4. US Blood Bank Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 5. Glossary of Terms, Blood Bank Market
LIST OF FIGURES
Figure 1. Blood Bank Market Segmentation
Figure 2. Blood Bank Market – By Geography
Figure 3. United States Blood Bank Market Overview
Figure 4. Whole Blood Segment Held Largest Share of Blood Bank Market
Figure 5. United States PEST Analysis
Figure 6. Blood Bank Market Impact Analysis of Driver and Restraints
Figure 7. United States Blood Bank Market – Revenue Forecast And Analysis – 2019- 2027
Figure 8. Market Positioning of Key Players
Figure 9. Blood Bank Market Revenue Share, by Type (2019 and 2027)
Figure 10. Whole Blood: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Plasma: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. RBC: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Platelets: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. WBC: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Blood Bank Market Revenue Share, by Function (2019 and 2027)
Figure 16. Collection: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Processing: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Testing: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Storage: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Transportation: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Blood Bank Market Revenue Share, by Bank Type (2019 and 2027)
Figure 22. Private: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Public: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
Figure 24. Blood Bank Market Revenue Share, by End User (2019 and 2027)
Figure 25. Hospitals: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Ambulatory Surgery Centers: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
Figure 27. Pharmaceutical Companies: Market: Blood Bank Market– Revenue and Forecast to 2027 (US$ Million)
Figure 28. Others: Blood Bank Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. United States Blood Bank Market Revenue and Forecast to 2027 (USD Million)
Figure 30. Impact of COVID-19 Pandemic on Blood Bank Market in the United States
- Bloodworks Northwest
- San Diego Blood Bank
- America’s Blood Centers
- CSL Plasma
- Blood Centers of America
- The American National Red Cross
- New York Blood Center
- Vitalant
- Interstate Blood Bank, Inc.
- Understand the US blood bank market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape
- Efficiently plan mergers and acquisitions, and partnership deals in the US blood bank market by identifying market segments with the most promising probable sales
- Make knowledgeable business decisions from perceptive and comprehensive analysis of the performance of various segments of the market.
- Obtain revenue forecast for the market based on various segmentsfor the period 2019–2027