Global Blood And Blood Components Market Value Expected To Reach $41 Billion By 2023

November 07 01:49 2020
Global Blood And Blood Components Market Value Expected To Reach $41 Billion By 2023

Blood And Blood Components Global Market Report 2020-30: Covid 19 Growth And Change

American Red Cross Is One Of The Largest Players In The Blood And Blood Components Market, According To The Business Research Company’s Blood And Blood Components Global Market Report 2020-30: Covid 19 Growth And Change

(Companies Covered: American Red Cross, Australian Red Cross Blood Service, Abbott Laboratories, Blood Centers of America, Becton, Dickinson & Co., German Red Cross, Nipro Medical Corporation, American Association of Blood Banks)

The global blood and blood components market is expected to decline from $38.6 billion in 2019 to $35.7 billion in 2020 at a compound annual growth rate of -7.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the blood and blood components market. Due to the COVID-19, there has been either postponement or cancellation of blood donation drives between lockdown, which is declining the blood and blood components market. The market is then expected to recover and grow at a compound annual growth rate of 4.8% from 2021 and reach $41 billion in 2023.

Read More On The Global Blood And Blood Components Market Report At – https://www.thebusinessresearchcompany.com/report/blood-and-blood-components-global-market-report

The blood and blood components market consists of sales of blood and blood component. The market involves collection of donor`s blood and segregating it into required components for the purpose of therapy.

Global Blood And Blood Components Market Segmentation –
1) By Product: Whole Blood, Blood Components.
2) By End-Users: Hospitals, Ambulatory Surgical Centers, Others.
3) By Application: Anemia, Trauma & Surgery, Cancer Treatment, Bleeding Disorders.
4) By Blood Components: Red blood cells, Platelets, Plasma, White blood cells.

Global Blood And Blood Components Market Driver –  
The blood and blood components market is being driven by increasing incidence of trauma and road accidents. Sometimes, because of traumas such as hemorrhage, the volume of blood is reduced to a very low level and cannot be replaced fast enough by the body. Also, road accidents cause excessive blood loss from the body that has to be restored immediately. At times, the blood itself lacks a few components as in the case of hemophilia. All these conditions demand transfusion of blood and blood components into the patient`s body. The growing prevalence of diseases and increasing numbers of road accidents and traumas are increasing the demand for blood and thus driving the market.

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Few Points From The Global Blood And Blood Components Market TOC
1. Executive Summary
2. Blood And Blood Components Market Characteristics
3. Blood And Blood Components Market Size And Growth
3.1. Global Blood And Blood Components Historic Market, 2015-2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
4. Blood And Blood Components Market Segmentation
4.1. Global Blood And Blood Components Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Blood And Blood Components Market Regional And Country Analysis
5.1. Global Blood And Blood Components Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Blood And Blood Components Market 
6.1. Asia-Pacific Blood And Blood Components Market Overview 
6.2. Asia-Pacific Blood And Blood Components Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
7. China Blood And Blood Components Market 
7.1. China Blood And Blood Components Market Overview 
7.2. China Blood And Blood Components Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

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