Precision Business Insights has published a report on the global blood and blood components market, estimating its value at USD 13.6 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/blood-and-blood-components-market

Market Definition:

The terms "blood" and "blood components" refer to both the whole blood and the different components that can be extracted for use in medical procedures, transfusions, and illness treatments.

Drivers:

1) Rising incidence of blood disorders and chronic diseases.
2) Increasing number of surgical procedures and trauma cases.

The global blood and blood components market segmentation:

By Product (Whole Blood, Red Blood Cells, Platelets, Plasma, and Others), By Collection Method (Manual Method and Apheresis), By End-user (Hospitals, Ambulatory Surgical Centers, Blood Banks, and Others

Regional Overview:
The report also examines the current concerns and their Future Effects on the blood and blood components market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the blood and blood components market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Grifols S.A. CSL Limited (CSL Behring) Octapharma AG, Takeda Pharmaceutical Co., Ltd. Baxter International Inc. Bio-Rad Laboratories, Inc. Haemonetics Corporation, Terumo Corporation (Terumo BCT) Fresenius Kabi, B. Braun Melsungen AG, Immucor, Inc. Macopharma, Sanquin Blood Supply Foundation, LFB S.A. Shanghai RAAS Blood Products Co., Ltd. Hualan Biological Engineering, Inc. Bio Products Laboratory Ltd (BPL) Kedrion Biopharma, ADMA Biologics, Inc. Biotest AG, Emergent BioSolutions Inc. Vitalant, American Red Cross, Australian Red Cross Blood Service, Canadian Blood Services, Japanese Red Cross Society, Nipro Medical Corporation, HemaCare Corporation, Greencross Limited, Roche (F. Hoffmann-La Roche Ltd.) Becton, Dickinson and Company (BD) Asahi Kasei Corporation, bioMérieux SA Thermo Fisher Scientific, Siemens Healthineers, Abbott Laboratories, Ortho Clinical Diagnostics, Sysmex Corporation, Cardinal Health, Medline Industries.

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