Blood Bank Market Revenue 2024 to 2034
Blood Bank Market Revenue 2024 to 2034
The blood bank (blood banking) market was estimated at US$ 17.33 billion in 2023 and is projected to grow to US$ 25.77 billion by 2034, rising at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2034.
Report ID: 10266
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Format: Databook
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Published: August 2025
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Delivery: Immediate
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Revenue,
USD USD 17.97 Bn
Forecast Year,
USD USD 25.77 Bn
CAGR, 2025 -
3.7%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
Blood Bank Market Size Analysis
Blood Bank Market Size By Product 2024 to 2034 (USD )
| Product | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Red Blood Cells | 6.32 | 6.63 | 6.92 | 7.19 | 7.54 | 7.88 | 8.24 | 8.57 | 8.89 | 9.14 | 9.59 |
| Whole Blood | 2.72 | 2.82 | 2.85 | 2.97 | 3.12 | 3.25 | 3.37 | 3.53 | 3.62 | 3.80 | 3.95 |
| White Blood Cells | 1.79 | 1.81 | 1.90 | 1.98 | 2.03 | 2.07 | 2.11 | 2.14 | 2.24 | 2.35 | 2.43 |
| Platelets | 3.60 | 3.65 | 3.81 | 3.89 | 4.03 | 4.10 | 4.24 | 4.43 | 4.66 | 4.81 | 4.97 |
| Plasma | 3.54 | 3.73 | 3.84 | 4.00 | 4.07 | 4.25 | 4.39 | 4.51 | 4.63 | 4.82 | 4.89 |
Blood Bank Market Size By Function 2024 to 2034 (USD )
| Function | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Testing | 4.42 | 4.55 | 4.71 | 4.84 | 5.00 | 5.23 | 5.35 | 5.53 | 5.84 | 6.16 | 6.44 |
| Collection | 3.61 | 3.80 | 3.95 | 4.09 | 4.21 | 4.39 | 4.59 | 4.80 | 5.03 | 5.25 | 5.47 |
| Processing | 3.63 | 3.75 | 3.87 | 4.12 | 4.27 | 4.33 | 4.56 | 4.74 | 4.84 | 5.00 | 5.23 |
| Storage | 3.62 | 3.74 | 3.93 | 4.06 | 4.25 | 4.41 | 4.59 | 4.74 | 4.89 | 5.00 | 5.11 |
| Transportation | 2.69 | 2.80 | 2.85 | 2.93 | 3.06 | 3.19 | 3.25 | 3.36 | 3.42 | 3.50 | 3.59 |
Blood Bank Market Size By End User 2024 to 2034 (USD )
| End User | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hospital | 6.23 | 6.45 | 6.68 | 6.92 | 7.08 | 7.38 | 7.53 | 7.90 | 8.23 | 8.53 | 8.81 |
| Ambulatory Surgery Centers | 2.71 | 2.85 | 2.98 | 3.08 | 3.24 | 3.32 | 3.48 | 3.62 | 3.72 | 3.85 | 4.00 |
| Pharmaceutical Companies | 3.62 | 3.71 | 3.88 | 4.04 | 4.20 | 4.38 | 4.58 | 4.72 | 4.82 | 5.05 | 5.24 |
| Clinics and Nursing Homes | 3.61 | 3.77 | 3.83 | 3.95 | 4.11 | 4.26 | 4.45 | 4.55 | 4.74 | 4.87 | 5.09 |
| Others | 1.79 | 1.85 | 1.95 | 2.05 | 2.15 | 2.20 | 2.31 | 2.39 | 2.52 | 2.63 | 2.71 |
Blood Bank Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 6.27 | 6.46 | 6.66 | 6.81 | 7.02 | 7.17 | 7.45 | 7.69 | 7.89 | 8.28 | 8.55 |
| Asia Pacific | 4.50 | 4.69 | 4.82 | 5.05 | 5.32 | 5.52 | 5.83 | 6.13 | 6.44 | 6.61 | 6.77 |
| Europe | 4.48 | 4.66 | 4.91 | 5.10 | 5.30 | 5.53 | 5.66 | 5.77 | 6.00 | 6.16 | 6.46 |
| Latin America | 1.46 | 1.52 | 1.59 | 1.66 | 1.71 | 1.79 | 1.84 | 1.93 | 2.02 | 2.13 | 2.25 |
| Middle East and Africa | 1.26 | 1.30 | 1.34 | 1.41 | 1.44 | 1.53 | 1.56 | 1.64 | 1.68 | 1.74 | 1.81 |
Blood Bank Market
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