This report studies the Blood Banking market, and blood banking refers to the process of collecting, separating, and storing blood. A blood bank is a center where blood gathered as a result of blood donation is stored and preserved for later use in blood transfusion. The term blood bank typically refers to a division of a hospital where the storage of blood product occurs and where proper testing is performed (to reduce the risk of transfusion related adverse events). However, it sometimes refers to a collection center, and indeed some hospitals also perform collection.
Blood and blood products can be applied in Hospital, Clinic and Other. The most of Blood and blood products is used in Hospital, and the market share of that is about 56.6 % in 2017.
North America is the largest consumption place, with a consumption market share nearly 41.9% in 2017. Over the past five years, the number of U.S. blood transfusions has decreased by about 33%, down from 15 million units to 11 million units, according to the American Red Cross. This decline has mostly stemmed from an uptick in minimally invasive surgical techniques, such as laparoscopic surgery, and shifts in transfusion guidelines from different medical groups.
Following North America; Europe is the second largest consumption place with the consumption market share of 35.5% in 2016. Blood and blood products market in Asia Pacific region is expected to exhibit the highest growth rate especially in the developing Asian countries like China & India.

The Global Blood Bank (Blood Banking) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Blood Bank (Blood Banking) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

American Red Cross
Japan Red Cross Society
New York Blood Center
Sanquin Blood Supply Foundation
America\'s Blood Centers
Canadian Blood Services
Shire (Baxalta)
CSL
Grifols
Octapharma
Kedrion
LFB Group
Biotest
BPL
RAAS
CBPO
Hualan Bio
Sichuan Yuanda Shuyang
Abbott
Beckman Coulter
BD
Bio-Rad Laboratories
bioMérieux
Cerus
Haemonetics
Immucor
Fresenius Kabi
MacoPharma
Ortho-Clinical
Terumo BCT
Kawasumi

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Type I
Type II
In Market segmentation by applications :

Hospital
Clinic
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Blood Bank (Blood Banking) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Blood Bank (Blood Banking) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Blood Bank (Blood Banking) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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