Human Blood Products Market Key Highlights:
- Market Size (2024): USD 35.21 Billion
- Projected Market Size (2034): USD 73.24 Billion
- CAGR (2023-2034): 7.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Human Blood Products Market Definition
The human blood products market refers to blood and blood components including, but not limited to, blood, red blood cells, blood plasma, white blood cells, cryopreserved blood, stored platelets, and whole blood donation. It includes their processing, storage, and distribution. These products are mainly used for treatment, for instance, blood transfusion in case of extreme blood loss, treatment of malaria, or elevation of the immunity of a patient with few white blood cells. The blood products market is likely to grow owing to rising incidences of cancer and the prevalence of conditions that necessitate blood transfusions.
Major blood products market players, such as blood donation agencies, have donated blood divisions that provide testing and screening equipment for all the collected blood. The market is expected to escalate due to the rising old population as well as government support towards blood donation screening. One more reason is the introduction of artificial blood, which is a unique concept in transfusion care, as it promises to change the face of transfusion by ensuring the availability of adequate, effective, and safe alternatives and augmenting existing blood for transfusion use.
Human Blood Products Market Segmentation:
By Type
- Immune Globulin
- Coagulation Factor
- Albumin
- Other
By Application
- Hospital
- Retail Pharmacy
- Other
Human Blood Products Market Companies:
- Takeda
- CSL
- Grifols
- Octapharma
- Kedrion
- LFB Group
- Biotest
- BPL
- RAAS
- CBPO
- Hualan Bio
- Tiantan Bio
- Shuanglin Bio
- Boya Bio
- Yuanda Shuyang
- Weiguang Bio
- Nanyue Bio
- KM Biologics.
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