Global Blood Bank Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Blood Bank market size was valued at US$ 21100 million in 2024 and is forecast to a readjusted size of USD 32030 million by 2031 with a CAGR of 6.5% during review period.

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.

A key driver in the blood bank market is the increasing number of trauma cases and the rising demand for blood transfusions in surgeries and emergency care. Advances in healthcare infrastructure, particularly in developing countries, have led to a growing need for a reliable supply of blood. Furthermore, government initiatives promoting voluntary blood donation and improved awareness about the importance of blood donation are significantly boosting the availability of blood, fueling the growth of the blood bank market.

A major challenge in the blood bank market is the issue of maintaining an adequate and safe blood supply. Seasonal fluctuations in donation rates, along with the short shelf life of blood components like platelets, often result in supply shortages. Moreover, the risk of blood-borne infections and the high cost of testing, storage, and ensuring compliance with regulatory standards further complicate the efficient management of blood banks, especially in resource-limited settings.

North America is the largest consumption place, with a consumption market share more than 35%, It was followed by Europe with 25%.

This report is a detailed and comprehensive analysis for global Blood Bank market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Blood Bank market size and forecasts, in consumption value ($ Million), 2020-2031

Global Blood Bank market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Blood Bank market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Blood Bank market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Blood Bank

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Blood Bank market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include America’s Blood Centers, Japan Red Cross Society, American Red Cross, Australia Red Cross, Red Cross Society of China, NHS Blood and Transplant, New York Blood Center, Canadian Blood Services, Sanquin Blood Supply Foundation, Blood Bank of Alaska, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Blood Bank market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Whole Blood
Platelets
Plasma
Red Cells
Other

Market segment by Application
Hospitals
Laboratories
Blood Centers
Others

Market segment by players, this report covers
America’s Blood Centers
Japan Red Cross Society
American Red Cross
Australia Red Cross
Red Cross Society of China
NHS Blood and Transplant
New York Blood Center
Canadian Blood Services
Sanquin Blood Supply Foundation
Blood Bank of Alaska
Vitalant
National Blood Transfusion Council

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Blood Bank product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Blood Bank, with revenue, gross margin, and global market share of Blood Bank from 2020 to 2025.

Chapter 3, the Blood Bank competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Blood Bank market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Blood Bank.

Chapter 13, to describe Blood Bank research findings and conclusion.