Global Blood Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Whole Blood Collection & Processing - Whole Blood Collection Systems & Whole Blood Collection Consumables, Source Plasma Collection - Source Plasma Collection Systems & Source Plasma Collection Consumables, Blood Typing Products - Blood Typing Systems & Blood Typing Reagents, Blood Screening Products - Blood Screening Systems & Blood Screening Reagents.

By End User;

Blood & Blood Component Bank, Diagnostic Laboratories, Ambulatory Surgical Centers, Blood, & Blood Component Bank, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn444456361 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Blood Market (USD Million), 2021 - 2031

In the year 2024, the Global Blood Market was valued at USD 3,493.80 million. The size of this market is expected to increase to USD 4,628.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.

The Global Blood Market encompasses a wide range of products and services related to blood collection, processing, storage, and distribution. Blood products include whole blood, red blood cells, platelets, plasma, and various plasma-derived products used in medical treatments, surgeries, and therapeutic interventions. The market also includes blood testing technologies, blood transfusion equipment, blood banking services, and regulatory frameworks governing blood safety and quality standards.

The Global Blood Market plays a critical role in supporting healthcare systems worldwide, providing essential resources for emergency care, surgical procedures, chronic disease management, and specialized medical treatments. Blood donation drives, donor recruitment campaigns, and advancements in blood processing technologies drive the market's growth and sustainability. Regulatory compliance, quality assurance measures, and ethical considerations also shape the operations and dynamics of the Global Blood Market, ensuring patient safety and public health in blood-related practices.

Recent developments in the Global Blood Market include advancements in blood testing technologies, such as rapid diagnostic tests for infectious diseases, and innovations in blood storage and transportation solutions to enhance blood product stability and shelf life. Additionally, there is a focus on improving blood donor recruitment strategies, leveraging digital platforms, and expanding outreach efforts to encourage regular blood donations and address donor shortages effectively.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Blood Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased healthcare demand
        2. Technological advancements
        3. Rising awareness campaigns
        4. Growing aging population
        5. Emerging markets growth
      2. Restraints
        1. Supply shortages risk
        2. Regulatory challenges
        3. High storage costs
        4. Blood safety concerns
        5. Limited donor pool
      3. Opportunities
        1. Innovation in transfusion
        2. Donor recruitment strategies
        3. Blood processing automation
        4. Expansion in emerging markets
        5. Gene-editing technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Market, By Product Type, 2021 - 2031 (USD Million)
      1. Whole Blood Collection and Processing
        1. Whole Blood Collection Systems
        2. Whole Blood Collection Consumables
      2. Source Plasma Collection
        1. Source Plasma Collection Systems
        2. Source Plasma Collection Consumables
      3. Blood Typing Products
        1. Blood Typing Systems
        2. Blood Typing Reagents
      4. Blood Screening Product
        1. Blood Screening Systems
        2. Blood Screening Reagents.
    2. Global Blood Market, By End User, 2021 - 2031 (USD Million)
      1. Blood & Blood Component Bank
      2. Diagnostic Laboratories
      3. Ambulatory Surgical Centers
      4. Blood & Blood Component Bank
      5. Others
    3. Global Blood Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. American Red Cross
      2. Abbott Laboratories
      3. Bio-Rad Laboratories
      4. CSL Behring
      5. Grifols
      6. Novartis International AG
      7. Terumo Corporation
      8. Johnson & Johnson
      9. Fresenius SE & Co. KGaA
      10. Octapharma AG
  7. Analyst Views
  8. Future Outlook of the Market