Blood Global Market Report 2025

Description

Blood is a crucial bodily fluid essential for the proper functioning of organs. It is a complex mixture of components, including red blood cells, white blood cells, platelets, and plasma, which are vital for maintaining health and facilitating medical treatments.

The primary blood-related products include whole blood collection and processing, source plasma collection, blood typing products, and blood screening products. Whole blood collection and processing involves the collection, separation, and storage of whole blood, which encompasses red blood cells, white blood cells, platelets, and plasma. Various modes of delivery include infusion solutions, gels, sprays, and biomedical sealants. These products are utilized by a range of end users, such as blood and blood component banks, diagnostic laboratories, ambulatory surgical centers, hospitals, and others.

The blood market research report is one of a series of new reports from The Business Research Company that provides blood market statistics, including blood industry global market size, regional shares, competitors with a blood market share, detailed blood market segments, market trends and opportunities, and any further data you may need to thrive in the blood industry. This blood market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The blood market size has grown strongly in recent years. It will grow from $8.32 billion in 2024 to $8.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to the surge in demand for blood and plasma, an increase in the number of surgeries, a growing global population, increasing incidence of chronic diseases, rising number of blood banks.

The blood market size is expected to see strong growth in the next few years. It will grow to $11.28 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to favorable government regulations, a rise in the geriatric population, rising awareness about blood donation, increase in blood transfusion, increasing number of ambulatory surgical centers (ASCS). Major trends in the forecast period include advancements in blood transfusion and blood screening instruments, computerized immunoassays, smart blood bank inventory control systems, technological innovations, precise temperature monitoring and control.

The anticipated rise in the number of surgeries is projected to boost the growth of the blood market. This increase is attributed to advancements in medical technology, an aging population, and a higher incidence of chronic diseases. Blood plays a critical role in surgeries by delivering oxygen and nutrients, aiding clotting to control bleeding, and enhancing the immune response to fight infections. For example, in December 2023, the Australian Institute of Health and Welfare reported that in 2022-2023, 735,500 patients were admitted for surgery from public hospital elective surgery waiting lists, an 18% increase from 2021-2022. Hence, the surge in surgeries is driving growth in the blood market.

Key players in the blood market are focusing on developing advanced blood transfusion technologies, such as plasma collection systems, to enhance efficiency, improve donor safety, and boost the overall quality of blood products. A plasma collection system extracts plasma from a donor's blood by separating it from other components and returning the remaining components to the donor through plasmapheresis. For instance, in March 2022, Terumo Blood and Cell Technologies, a US-based company specializing in blood components and cellular technology, received Food and Drug Administration approval for the Rika Plasma Donation System (Rika). This next-generation plasma collection system aims to enhance the experience for plasma center staff and donors, featuring safety enhancements to minimize operator errors and complete plasma collection in 35 minutes or less. Rika ensures that no more than 200 milliliters of blood are outside the donor's body at any time and includes an advanced control system for operators.

In March 2023, Werfen, a Spain-based medical equipment manufacturer, acquired Immucor Inc. for $2 billion. This acquisition is intended to broaden Werfen's diagnostic solutions portfolio, particularly in specialized diagnostics, allowing it to offer a more comprehensive range of products to customers, including hospitals, blood banks, and clinical laboratories. Immucor Inc., a US-based company, develops, manufactures, and markets products used by hospitals, blood banks, and clinical laboratories to detect and identify blood properties prior to transfusion.

Major companies operating in the blood market are Cardinal Health Inc., Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Plc, Danaher Corp., Merck KGaA, Asahi Kasei Medical Co. Ltd., Henry Schein Inc., Medline Industries Inc., B. Braun Melsungen AG, Grifols SA, Terumo Corp., Nipro Corp., QuidelOrtho Corp., Bio Rad Laboratories Inc., LivaNova PLC, Haemonetics Corp., Macopharma, DIAGAST SAS, BAG Health Care GmbH, Kawasumi Laboratories America Inc

North America was the largest region in the blood market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blood market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the blood market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The blood market consists of sales of blood bags, blood glucose analyzers, blood collection tubes, and blood transfusion sets. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Blood Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on blood market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

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Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for blood ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blood market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product: Whole Blood Collection And Processing; Source Plasma Collection; Blood Typing Products; Blood Screening Products
2) By Mode of Delivery: Infusion Solutions; Gels; Sprays; Biomedical Sealants
3) By End User: Blood And Blood Component Bank; Diagnostic Laboratories; Ambulatory Surgical Centers; Hospitals; Other End Users
Subsegments:
1) By Whole Blood Collection And Processing: Blood Collection Bags; Blood Processing Kits; Blood Separation Systems; Blood Donation Kits
2) By Source Plasma Collection: Plasma Collection Kits; Automated Plasma Collection Systems; Plasma Freezers And Storage Equipment
3) By Blood Typing Products: Blood Typing Reagents; Blood Typing Kits (Manual And Automated); Blood Grouping Solutions
4) By Blood Screening Products: Blood Screening Reagents; Blood Screening Systems (Automated And Manual); Infectious Disease Testing Kits; Hemoglobin Testing Kits
Companies Mentioned: Cardinal Health Inc.; Roche Holding AG; Thermo Fisher Scientific Inc.; Abbott Laboratories; Medtronic Plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r29629

1. Executive Summary

2. Blood Market Characteristics

3. Blood Market Trends And Strategies

4. Blood Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Blood Growth Analysis And Strategic Analysis Framework

5.1. Global Blood PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Blood Market Growth Rate Analysis
5.4. Global Blood Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Blood Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Blood Total Addressable Market (TAM)

6. Blood Market Segmentation

6.1. Global Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Whole Blood Collection And Processing
Source Plasma Collection
Blood Typing Products
Blood Screening Products
6.2. Global Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Infusion Solutions
Gels
Sprays
Biomedical Sealants
6.3. Global Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blood And Blood Component Bank
Diagnostic Laboratories
Ambulatory Surgical Centers
Hospitals
Other End Users
6.4. Global Blood Market, Sub-Segmentation Of Whole Blood Collection And Processing, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blood Collection Bags
Blood Processing Kits
Blood Separation Systems
Blood Donation Kits
6.5. Global Blood Market, Sub-Segmentation Of Source Plasma Collection, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Plasma Collection Kits
Automated Plasma Collection Systems
Plasma Freezers And Storage Equipment
6.6. Global Blood Market, Sub-Segmentation Of Blood Typing Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blood Typing Reagents
Blood Typing Kits (Manual And Automated)
Blood Grouping Solutions
6.7. Global Blood Market, Sub-Segmentation Of Blood Screening Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blood Screening Reagents
Blood Screening Systems (Automated And Manual)
Infectious Disease Testing Kits
Hemoglobin Testing Kits

7. Blood Market Regional And Country Analysis

7.1. Global Blood Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Blood Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Blood Market

8.1. Asia-Pacific Blood Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Blood Market

9.1. China Blood Market Overview
9.2. China Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Blood Market

10.1. India Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Blood Market

11.1. Japan Blood Market Overview
11.2. Japan Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Blood Market

12.1. Australia Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Blood Market

13.1. Indonesia Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Blood Market

14.1. South Korea Blood Market Overview
14.2. South Korea Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Blood Market

15.1. Western Europe Blood Market Overview
15.2. Western Europe Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Blood Market

16.1. UK Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Blood Market

17.1. Germany Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Blood Market

18.1. France Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Blood Market

19.1. Italy Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Blood Market

20.1. Spain Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Blood Market

21.1. Eastern Europe Blood Market Overview
21.2. Eastern Europe Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Blood Market

22.1. Russia Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Blood Market

23.1. North America Blood Market Overview
23.2. North America Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Blood Market

24.1. USA Blood Market Overview
24.2. USA Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Blood Market

25.1. Canada Blood Market Overview
25.2. Canada Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Blood Market

26.1. South America Blood Market Overview
26.2. South America Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Blood Market

27.1. Brazil Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Blood Market

28.1. Middle East Blood Market Overview
28.2. Middle East Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Blood Market

29.1. Africa Blood Market Overview
29.2. Africa Blood Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Blood Market, Segmentation By Mode of Delivery, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Blood Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Blood Market Competitive Landscape And Company Profiles

30.1. Blood Market Competitive Landscape
30.2. Blood Market Company Profiles
- 30.2.1. Cardinal Health Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Roche Holding AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Thermo Fisher Scientific Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Abbott Laboratories Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Medtronic Plc Overview, Products and Services, Strategy and Financial Analysis

31. Blood Market Other Major And Innovative Companies

31.1. Danaher Corp.
31.2. Merck KGaA
31.3. Asahi Kasei Medical Co. Ltd.
31.4. Henry Schein Inc.
31.5. Medline Industries Inc.
31.6. B. Braun Melsungen AG
31.7. Grifols SA
31.8. Terumo Corp.
31.9. Nipro Corp.
31.10. QuidelOrtho Corp.
31.11. Bio Rad Laboratories Inc.
31.12. LivaNova PLC
31.13. Haemonetics Corp.
31.14. Macopharma
31.15. DIAGAST SAS

32. Global Blood Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Blood Market

34. Recent Developments In The Blood Market

35. Blood Market High Potential Countries, Segments and Strategies

35.1 Blood Market In 2029 - Countries Offering Most New Opportunities
35.2 Blood Market In 2029 - Segments Offering Most New Opportunities
35.3 Blood Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer