Blood Banking and Blood Products Market Analysis from 2022 to 2034 Containing Market Size, Share along with its CAGR, Forecast and Trends

Top Countries — Revenue

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Blood Banking and Blood Products Market Analysis — Presence

Geographical Analysis

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Regional and Country Analysis

Region / Country 2021 (A)2025 (A)2033 (P) CAGR
Globalxxxxxxxxxxxx7.3%
North Americaxxxxxxxxxxxxxxxx
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Asia Pacificxxxxxxxxxxxxxxxx
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Rest of South Americaxxxxxxxxxxxxxxxx
Middle Eastxxxxxxxxxxxxxxxx
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Egyptxxxxxxxxxxxxxxxx
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Africaxxxxxxxxxxxxxxxx
East Africaxxxxxxxxxxxxxxxx
West Africaxxxxxxxxxxxxxxxx
North Africaxxxxxxxxxxxxxxxx
South Africaxxxxxxxxxxxxxxxx

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Segmentation Analysis


Market size by (Illustrative, 2025)
Share distribution (2025)

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Competitor Analysis

Company Profile

Vitalant

Vitalant is a non-profit organization that is involved in blood collection, testing, logistics, distribution, special services etc. The organization with its national network of community donation centers strive hard to deliver blood to hospitals present in locality and all across the U.S. The organization also supply the blood during the times of regional disasters, severe weather and unexpected tragedies. The company offers patients with the necessary blood components like platelets, red cells, plasma etc. so that the patient can survive, heal and overcome the diseases. 

The company focuses on bringing collective impact by bringing together top experts in field, inspiring people to donate blood, providing specialized patient services and pharmaceuticals, conducting advance cutting-edge research, producing a safe and ready blood supply, etc

News:

  • May 2021

Vitalant, One Blood and the American Red Cross are conducting innovative research that could help lead to additional changes in donor eligibility for men who have sex with men.

Vitalant, OneBlood and the American Red Cross launched a pilot study which is contracted and funded by the U.S. Food and Drug Administration (FDA). The study conducted is ADVANCE study which stand for Assessing Donor Variability and New Concepts in Eligibility. This study will be focused on evaluating alternatives to the FDA’s blood donor deferral policy, where the FDA recommends that a man who has had sex with another man be deferred from donating blood for three months following the most recent sexual contact with another man which was adopted in April 2020.

Canadian Blood Services

Canadian Blood Services is an organization which work together with the donors, recipients, employees, partners and volunteers in order to save the life of Canadian people. The organization is involving in providing the lifesaving products and services in transfusion and transplantation for Canadian patients. The products offered for transfusion and transplantation by the organization includes 

News:

  • April 2021

Growing domestic plasma supply for Canadian patients

Canadian Blood Services announced that they are planning to increase plasma collection in more cities across Canada with the support of funding from provincial and territorial governments. The New plasma donor centers will open in Brampton and Ottawa, Ontario by spring 2022.

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Top Companies (In no particular order)2022 (A)2023 (A)2024 (A)2025 (A)
America's Blood Centers••• ••• ••• •••
Vitalant••• ••• ••• •••
Japan Red Cross Society••• ••• ••• •••
American Red Cross••• ••• ••• •••
Australia Red Cross••• ••• ••• •••
Red Cross Society••• ••• ••• •••
NHS Blood and Transplant••• ••• ••• •••
New York Blood Center••• ••• ••• •••
Canadian Blood Services••• ••• ••• •••
Sanquin Blood Supply Foundation••• ••• ••• •••

We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.

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Report Scope & Analysis

As per Cognitive Market Research's latest published report, the Global Blood Banking and Blood Products market size will be USD 27,301.61 Million by 2028. Blood Banking and Blood Products Industry's Compound Annual Growth Rate will be 7.30% from 2023 to 2030.

  • Europe Blood Banking and Blood Products market size is projected USD 8,692.83 Million by 2028. 

Introduction of Blood Banking and Blood Products

Blood Banks are the centers or the organizations where the blood is collected and stored before it is used for transfusions. The blood bank may be a standalone organization or in association with hospitals. The blood bank also carried out other process such as recordkeeping, blood typing, testing for infectious diseases, cross matching, medical or legal evaluation of blood, storage, and transportation of blood. The blood banking is the terms which is generally related to the blood bank. The blood banking is the term used for the all the process that take place in the lab to preserve the donated blood, or blood products. It is also involved in the activities such as collecting, separating, and storing blood, before they are transfused or used for other medical procedures.

The blood consists of various component which are used as whole or as a separate entity for treating the various medical disease conditions. The one person can also help the multiple people by donating the different component to different person. The transfusable components that are derived from donated blood are red cells, platelets, plasma, cryo precipitated AHF (cryo), and granulocytes. An additional component, like white cells, is often removed from donated blood before transfusion.

The blood products are the therapeutic substance which includes whole blood and the blood components which are to be transfusion. The blood bank and blood products market are segmented on the basis of types as whole blood, RBCs, Platelets, Plasma, Cryo. The market is segmented on the basis of the End-users as Trauma & Surgery, Cancer Treatment, Bleeding Disorder.

Due to the factors such as high frequency of hematologic diseases, steep rise in accidental cases, increasing awareness about blood donation etc. led to the potential growth of Blood Banking and Blood Products Market in coming years.

Analyst Conclusion

  •  
  • The Global Blood Banking and Blood Products Market revenue in 2016: USD 15,348.23 Million
  • RBCs accounted for largest share of total revenue generated in 2019
  • Trauma & Surgery held maximum share of Blood Banking and Blood Products market in 2019
  • Increasing prevalence of chronic diseases, growing number of covid-19 cases and combined technological advances are some of the major factors driving the growth of global blood banking and blood products market
  • Wastage of donated blood and stringent rules are anticipated to hamper the blood banking and blood products market growth
  • Rising improvements in healthcare sector, and infrastructure will create huge opportunities for blood banking and blood products market across the globe.

Supriya Yadav
Supriya Yadav Verified Analyst
Research Analyst · Cognitive Market Research
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Frequently Asked Questions

The Global Blood Banking and Blood Products Market is estimated to reach at USD 27,301.61 Million by the end of 2028.
The Global Blood Banking and Blood Products Industry's Compound Annual Growth Rate will be 7.30% from 2023 to 2030.
America's Blood Centers, Vitalant, Japan Red Cross Society, American Red Cross, Australia Red Cross, Red Cross Society, NHS Blood and Transplant, New York Blood Center, Canadian Blood Services, and Sanquin Blood Supply Foundation are the key players operating in the market.
In terms of revenue, the RBC segment accounted for 30.92% of the total Global Blood Banking and Blood Products Market share in 2022.
Trauma & Surgery was the largest segment with 41.45% of the total revenue share in 2022.
North America held the major share of The Global Blood Banking and Blood Products Market.

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Blood Banking and Blood Products Market Analysis — Table of Contents

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Type RBCs, Plasma, Platelets, Whole Blood, Cryo
Application Trauma & Surgery, Bleeding Disorder, Cancer Treatment, Others
List of Competitors America's Blood Centers, Vitalant, Japan Red Cross Society, American Red Cross, Australia Red Cross, Red Cross Society, NHS Blood and Transplant, New York Blood Center, Canadian Blood Services, Sanquin Blood Supply Foundation

  • 1.1 Top Competitors Analysis

    • (Subject to Data Availability (Private Players))

      1.1.1 Global Blood Banking and Blood Products Market Analysis by Key Players
    • 1.1.2 Top Players Ranking 2024
    • 1.1.3 New Product Launch Analysis
    • 1.1.4 Industry Mergers and Acquisition Analysis
  • 1.2 Company Profile (Data Subject to Availability) Sample Format

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.1 America's Blood Centers
      • 1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.1.2 Business Overview
      • 1.2.1.3 Financials (Subject to data availability)
      • 1.2.1.4 R&D Investment (Subject to data availability)
      • 1.2.1.5 Product Types Specification
      • 1.2.1.6 Business Strategy
      • 1.2.1.7 Recent Developments
      • 1.2.1.8 Management Change
      • 1.2.1.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.2 Vitalant
      • 1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.2.2 Business Overview
      • 1.2.2.3 Financials (Subject to data availability)
      • 1.2.2.4 R&D Investment (Subject to data availability)
      • 1.2.2.5 Product Types Specification
      • 1.2.2.6 Business Strategy
      • 1.2.2.7 Recent Developments
      • 1.2.2.8 Management Change
      • 1.2.2.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.3 Japan Red Cross Society
      • 1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.3.2 Business Overview
      • 1.2.3.3 Financials (Subject to data availability)
      • 1.2.3.4 R&D Investment (Subject to data availability)
      • 1.2.3.5 Product Types Specification
      • 1.2.3.6 Business Strategy
      • 1.2.3.7 Recent Developments
      • 1.2.3.8 Management Change
      • 1.2.3.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.4 American Red Cross
      • 1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.4.2 Business Overview
      • 1.2.4.3 Financials (Subject to data availability)
      • 1.2.4.4 R&D Investment (Subject to data availability)
      • 1.2.4.5 Product Types Specification
      • 1.2.4.6 Business Strategy
      • 1.2.4.7 Recent Developments
      • 1.2.4.8 Management Change
      • 1.2.4.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.5 Australia Red Cross
      • 1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.5.2 Business Overview
      • 1.2.5.3 Financials (Subject to data availability)
      • 1.2.5.4 R&D Investment (Subject to data availability)
      • 1.2.5.5 Product Types Specification
      • 1.2.5.6 Business Strategy
      • 1.2.5.7 Recent Developments
      • 1.2.5.8 Management Change
      • 1.2.5.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.6 Red Cross Society
      • 1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.6.2 Business Overview
      • 1.2.6.3 Financials (Subject to data availability)
      • 1.2.6.4 R&D Investment (Subject to data availability)
      • 1.2.6.5 Product Types Specification
      • 1.2.6.6 Business Strategy
      • 1.2.6.7 Recent Developments
      • 1.2.6.8 Management Change
      • 1.2.6.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.7 NHS Blood and Transplant
      • 1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.7.2 Business Overview
      • 1.2.7.3 Financials (Subject to data availability)
      • 1.2.7.4 R&D Investment (Subject to data availability)
      • 1.2.7.5 Product Types Specification
      • 1.2.7.6 Business Strategy
      • 1.2.7.7 Recent Developments
      • 1.2.7.8 Management Change
      • 1.2.7.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.8 New York Blood Center
      • 1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.8.2 Business Overview
      • 1.2.8.3 Financials (Subject to data availability)
      • 1.2.8.4 R&D Investment (Subject to data availability)
      • 1.2.8.5 Product Types Specification
      • 1.2.8.6 Business Strategy
      • 1.2.8.7 Recent Developments
      • 1.2.8.8 Management Change
      • 1.2.8.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.9 Canadian Blood Services
      • 1.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.9.2 Business Overview
      • 1.2.9.3 Financials (Subject to data availability)
      • 1.2.9.4 R&D Investment (Subject to data availability)
      • 1.2.9.5 Product Types Specification
      • 1.2.9.6 Business Strategy
      • 1.2.9.7 Recent Developments
      • 1.2.9.8 Management Change
      • 1.2.9.9 S.W.O.T Analysis

    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.10 Sanquin Blood Supply Foundation
      • 1.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.10.2 Business Overview
      • 1.2.10.3 Financials (Subject to data availability)
      • 1.2.10.4 R&D Investment (Subject to data availability)
      • 1.2.10.5 Product Types Specification
      • 1.2.10.6 Business Strategy
      • 1.2.10.7 Recent Developments
      • 1.2.10.8 Management Change
      • 1.2.10.9 S.W.O.T Analysis

  • 2.1 Global Blood Banking and Blood Products Market Analysis
  • 2.2 Global Blood Banking and Blood Products Market Analysis by Region
  • 2.3 Global Blood Banking and Blood Products Market Analysis by Type
  • 2.4 Global Blood Banking and Blood Products Market Analysis by Application
  • 2.5 Global Blood Banking and Blood Products Market Analysis by Key Players

  • 3.1 North America Blood Banking and Blood Products Market Analysis
  • 3.2 North America Blood Banking and Blood Products Market Analysis by Country
  • 3.3 North America Blood Banking and Blood Products Market Analysis by Type
  • 3.4 North America Blood Banking and Blood Products Market Analysis by Application
  • 3.5 North America Blood Banking and Blood Products Market Analysis by Key Players

  • 4.1 Europe Blood Banking and Blood Products Market Analysis
  • 4.2 Europe Blood Banking and Blood Products Market Analysis by Country
  • 4.3 Europe Blood Banking and Blood Products Market Analysis by Type
  • 4.4 Europe Blood Banking and Blood Products Market Analysis by Application
  • 4.5 Europe Blood Banking and Blood Products Market Analysis by Key Players

  • 5.1 Asia Pacific Blood Banking and Blood Products Market Analysis
  • 5.2 Asia Pacific Blood Banking and Blood Products Market Analysis by Country
  • 5.3 Asia Pacific Blood Banking and Blood Products Market Analysis by Type
  • 5.4 Asia Pacific Blood Banking and Blood Products Market Analysis by Application
  • 5.5 Asia Pacific Blood Banking and Blood Products Market Analysis by Key Players

  • 6.1 South America Blood Banking and Blood Products Market Analysis
  • 6.2 South America Blood Banking and Blood Products Market Analysis by Country
  • 6.3 South America Blood Banking and Blood Products Market Analysis by Type
  • 6.4 South America Blood Banking and Blood Products Market Analysis by Application
  • 6.5 South America Blood Banking and Blood Products Market Analysis by Key Players

  • 7.1 Middle East Blood Banking and Blood Products Market Analysis
  • 7.2 Middle East Blood Banking and Blood Products Market Analysis by Country
  • 7.3 Middle East Blood Banking and Blood Products Market Analysis by Type
  • 7.4 Middle East Blood Banking and Blood Products Market Analysis by Application
  • 7.5 Middle East Blood Banking and Blood Products Market Analysis by Key Players

  • 8.1 Africa Blood Banking and Blood Products Market Analysis
  • 8.2 Africa Blood Banking and Blood Products Market Analysis by Country
  • 8.3 Africa Blood Banking and Blood Products Market Analysis by Type
  • 8.4 Africa Blood Banking and Blood Products Market Analysis by Application
  • 8.5 Africa Blood Banking and Blood Products Market Analysis by Key Players

  • 9.1 RBCs
    • 9.1.1 Global RBCs Market
    • 9.1.2 Global RBCs Market by Region
  • 9.2 Plasma
    • 9.2.1 Global Plasma Market
    • 9.2.2 Global Plasma Market by Region
  • 9.3 Platelets
    • 9.3.1 Global Platelets Market
    • 9.3.2 Global Platelets Market by Region
  • 9.4 Whole Blood
    • 9.4.1 Global Whole Blood Market
    • 9.4.2 Global Whole Blood Market by Region
  • 9.5 Cryo
    • 9.5.1 Global Cryo Market
    • 9.5.2 Global Cryo Market by Region

  • 10.1 Trauma & Surgery
    • 10.1.1 Global Trauma & Surgery Market
    • 10.1.2 Global Trauma & Surgery Market by Region
  • 10.2 Bleeding Disorder
    • 10.2.1 Global Bleeding Disorder Market
    • 10.2.2 Global Bleeding Disorder Market by Region
  • 10.3 Cancer Treatment
    • 10.3.1 Global Cancer Treatment Market
    • 10.3.2 Global Cancer Treatment Market by Region
  • 10.4 Others
    • 10.4.1 Global Others Market
    • 10.4.2 Global Others Market by Region

  • 11.1 Market Drivers
  • 11.2 Market Restraints
  • 11.3 Market Trends
  • 11.4 Market Opportunity
  • 11.5 Technological Road Map (Subject to Data Availability)
  • 11.6 Product Life Cycle (Subject to Data Availability)
  • 11.7 Customer and Buyer Behavior Analysis
    • 11.7.1 Consumer Demographics and Target Audience Assessment
    • 11.7.2 Digital Engagement, Customer Experience & Relationship Analysis
    • 11.7.3 Customer Buying Behavior & Purchase Decision Analysis
    • 11.7.4 Vendor Selection, Supplier Preferences & Future Demand Trends
    • 11.7.5 Pricing, Affordability & Value Perception Analysis
    • 11.7.6 Customer Segmentation & Demand Pattern Analysis
  • 11.8 PESTEL Analysis
    • 11.8.1 Political Factors
    • 11.8.2 Economic Factors
    • 11.8.3 Social Factors
    • 11.8.4 Technological Factors
    • 11.8.5 Legal Factors
    • 11.8.6 Environmental Factors
  • 11.9 Industrial Chain Analysis (Subject to Data Availability)
    • 11.9.1 Industry Chain Analysis
    • 11.9.2 Manufacturing Cost Analysis
    • 11.9.3 Supply Side Analysis
      • 11.9.3.1 Raw Material Analysis
      • 11.9.3.2 Raw Material Procurement Analysis
      • 11.9.3.3 Raw Material Price Trend Analysis
  • 11.10 Porter’s Five Forces Analysis
    • 11.10.1 Bargaining Power of Suppliers
    • 11.10.2 Bargaining Power of Buyers
    • 11.10.3 Threat of New Entrants
    • 11.10.4 Threat of Substitutes
    • 11.10.5 Degree of Competition
  • 11.11 Patent Analysis (Subject to Data Availability)
  • 11.12 ESG Analysis
  • 11.13 Geopolitical Outlook
    • 11.13.1 Global Power Realignment & Strategic Alliances
    • 11.13.2 Geopolitical Risk Landscape & Conflict Hotspots
    • 11.13.3 International Trade Relations & Market Access Environment
    • 11.13.4 Regulatory & Policy Shifts Impacting Cross-Border Operations
    • 11.13.5 Supply Chain Resilience, Localization & Resource Nationalism
    • 11.13.6 Technology Sovereignty & Digital Geopolitics
    • 11.13.7 Strategic Implications for Investment, Growth & Market Entry

  • This chapter isn't just about technology; it’s about certainty. We show you how AI is being used in leading industries so you can apply those same 'High-Speed' and 'High-Accuracy' principles to your own market strategy

    11.14 AI & Market Transformation
    • 11.14.1 Competitive Landscape Disruption & Strategic Shifts
    • 11.14.2 AI-Driven Transformation of Industry Value Chain
    • 11.14.3 Evolution of Business Models & Revenue Streams
    • 11.14.4 AI-Driven Product, Service & Innovation Transformation
    • 11.14.5 Customer Behavior, AI Adoption & Future Market Evolution

  • 12.1 Country 1
    • 12.2 Country 2
    • 12.3 Country 3
    • 12.4 Country 4
    • 12.5 Country 5
    • 12.6 Country 6
    • 12.7 Country 7
    • 12.8 Country 8
    • 12.9 Country 9
    • 12.10 Country 10

    • 13.1 Key Takeaways

    • Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.

      13.2 Analyst Point of View
    • 13.3 Assumptions and Acronyms

    • 14.1 Primary Data Collection
      • 14.1.1 Steps for Primary Data Collection
        • 14.1.1.1 Identification of KOL
      • 14.1.2 Backward Integration
      • 14.1.3 Forward Integration
      • 14.1.4 How Primary Research Help Us
      • 14.1.5 Modes of Primary Research
    • 14.2 Secondary Research
      • 14.2.1 How Secondary Research Help Us
      • 14.2.2 Sources of Secondary Research
    • 14.3 Data Validation
      • 14.3.1 Data Triangulation
    • 14.4 Data Representation

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    Research Framework · 70:30 Primary:Secondary

    Our Proprietary Methodology

    Cognitive Market Research and Consulting "The Full Truth" methodology — a rigorous triangulation process that combines primary research, secondary validation, and expert calibration. Implemented by Supriya Yadav and team for the Blood Banking and Blood Products Market Analysis Market analysis.

    01

    Primary Intelligence Gathering

    Direct interviews with 50+ industry stakeholders including manufacturers, distributors, end-users, and regulatory bodies across all six regions.

    02

    Secondary Data Triangulation

    Cross-referencing against trade databases, customs records, financial filings, patent databases, and verified industry publications.

    03

    Expert Validation Protocol

    Each data point undergoes validation by minimum two independent domain experts with 15+ years of industry experience.

    04

    Athenaeum AI Processing

    Our proprietary AI platform aggregates, normalizes, and identifies patterns across 10,000+ data points to surface non-obvious insights.

    05

    Editorial & QA Review

    Final review by senior analysts ensures accuracy, coherence, and actionability of all insights and recommendations.

    Data Assurance Metrics
    Data Points Validated 10,400+
    Expert Interviews 54
    Countries Covered 39+
    Company Profiles 10+
    Forecast Accuracy (Historical) 94.2%
    Report Pages 250+
    Analytical Coverage
    Market Sizing Revenue Forecast CAGR Analysis Competitor Benchmarking SWOT Porter's Analysis PESTEL Value Chain ESG Analysis Tariff Impact Patent Mapping Tech Trends

    To maintain the integrity of our proprietary methodology and protect our elite expert network, specific source disclosures are reserved for full-access partners. Our research framework is anchored by a 70:30 primary-to-secondary ratio, ensuring your strategy is driven by real-time market intelligence rather than recycled, publicly available, or AI-generated data. Every deliverable includes an exhaustive source directory and grants direct analyst access.

    Sources from the Pharma & Healthcare Industry

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