Edison , NJ -- (SBWire) -- 04/24/2019 --The process of collecting, separating, and storing blood is referred to as blood banking. Blood banks collect blood and separate it into its various components so they can be used more effectively as per the patient requirement. Donated blood remains an important and immediate lifesaving resource. Owing to the rising surgical procedures, blood banking has gained significant importance in the last few decades.
Advance Market Analytics recently introduced Global Blood Banking Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Blood Banking Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
According to AMA, the Global Blood Banking market is expected to see growth rate of 6.2% and may see market size of USD17758.75 Million by 2024.
Major Key Players in This Report Include,
American Red Cross (United States), Vitalant (United States), New York Blood Centre (United States), Australian Red Cross (Australia), Japan Red Cross Society (Japan), American Association of Blood Banks (United States), America's Blood Centers (United States), Canadian Blood Services (Canada), Sanquin Blood Supply Foundation (Netherlands) and Blood Bank of Alaska (United States)
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Market Drivers
The surge in Prevalence of Hematological Diseases
Market Trend
Refrigeration of Blood with RFID (Radio Frequency Identification) Technology
Restraints
The rise in Wastage of Donated Blood
Opportunities
The Increasing Profitability of Blood Banking
Challenges
Delivery Timeframe of Blood to the Patients
This market research report looks into and analyzes the Global Blood Banking Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Blood Banking Market research report include SWOT analysis.
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The titled segments and Market Data Break Down are illuminated below:
The Study Explore the Product Types of Blood Banking Market: Whole Blood, Red Blood Cell, Platelet, Plasma, Blood CellWhite
Function: Collection, Processing, Testing, Storage, Transportation
Bank Type: Private, Public
End User: Hospital, Ambulatory Surgery Centers, Pharmaceutical Companies, Clinics & Nursing homes, Others
Top Players in the Market are: American Red Cross (United States), Vitalant (United States), New York Blood Centre (United States), Australian Red Cross (Australia), Japan Red Cross Society (Japan), American Association of Blood Banks (United States), America's Blood Centers (United States), Canadian Blood Services (Canada), Sanquin Blood Supply Foundation (Netherlands) and Blood Bank of Alaska (United States)
List of players also available in Coverage: Red Cross Society (India), NHS Blood and Transplant (United Kingdom), New Zealand Blood Service (New Zealand), National Blood Centre (Malaysia), German Red Cross (Germany) and Rotary Blood Bank (India)
The regional analysis of Global Blood Banking Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
The Global Blood Banking Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
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Strategic Points Covered in Table of Content of Global Blood Banking Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Blood Banking market
Chapter 2: Exclusive Summary – the basic information of the Blood Banking Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Blood Banking
Chapter 4: Presenting the Blood Banking Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Blood Banking market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Blood Banking Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Blood Banking Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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