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US Blood Bank Market (2022-2027) by Product Type, Function, Bank Type, End User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 177 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585781
The US Blood Bank Market is estimated to be USD 3.4 Bn in 2022 and is projected to reach USD 4.33 Bn by 2027, growing at a CAGR of 4.97%.



Market dynamics are forces that impact the prices and behaviors of the US Blood Bank Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Blood Bank Market is segmented based on Product Type, Function, Bank Type, and End User.
  • By Product Type, the market is classified into Whole Blood, Red Blood Cell, Platelet, Plasma, and White Blood Cell.
  • By Function, the market is classified into Collection, Processing, Testing, Storage, and Transportation.
  • By Bank Type, the market is classified into Private and Public.
  • By End User, the market is classified into Hospital, Ambulatory Surgery Centers, Pharmaceutical Companies, Clinics & Nursing Homes, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are American Association Of Blood Banks, America's Blood Centers, Australian Red Cross Society, Blood Bank Of Alaska, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Blood Bank Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Blood Bank Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Blood Bank Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Blood Bank Market

What is the estimated value of the US Blood Bank Market?

The US Blood Bank Market was estimated to be valued at $3.4 Billion in 2022.

What is the growth rate of the US Blood Bank Market?

The growth rate of the US Blood Bank Market is 4.9%, with an estimated value of $4.33 Billion by 2027.

What is the forecasted size of the US Blood Bank Market?

The US Blood Bank Market is estimated to be worth $4.33 Billion by 2027.

Who are the key companies in the US Blood Bank Market?

Key companies in the US Blood Bank Market include ARUP Blood Services, Atlanta Blood Services, Baylor Scott & White Blood Center, Blood Assurance, Blood Bank of Alaska, Blood Bank of Delmarva, Blood Center of Northcentral Wisconsin, Bloodworks Northwest, Carter BloodCare and Cascade Regional Blood Services.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Surge in Prevalence of Hematological Diseases and Rise in Accidents
4.1.2 Increase in the Number of Geriatric Populations
4.1.3
4.2 Restraints
4.2.1 Rising in Wastage of Donated Blood
4.3 Opportunities
4.3.1 Surging Use of Cell Therapy and Blood Transfusion in the US
4.3.2 Government Initiative to Promote Blood Donation
4.4 Challenges
4.4.1 Stringent Rules & Regulations
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Blood Bank Market, By Product Type
6.1 Introduction
6.2 Whole Blood
6.3 Red Blood Cell
6.4 Platelet
6.5 Plasma
6.6 White Blood Cell
7 US Blood Bank Market, By Function
7.1 Introduction
7.2 Collection
7.3 Processing
7.4 Testing
7.5 Storage
7.6 Transportation
8 US Blood Bank Market, By Bank Type
8.1 Introduction
8.2 Private
8.3 Public
9 US Blood Bank Market, By End User
9.1 Introduction
9.2 Hospital
9.3 Ambulatory Surgery Centers
9.4 Pharmaceutical Companies
9.5 Clinics & Nursing Homes
9.6 Others
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 ARUP Blood Services
11.2 Atlanta Blood Services
11.3 Baylor Scott & White Blood Center
11.4 Blood Assurance
11.5 Blood Bank of Alaska
11.6 Blood Bank of Delmarva
11.7 Blood Center of Northcentral Wisconsin
11.8 Bloodworks Northwest
11.9 Carter BloodCare
11.10 Cascade Regional Blood Services
11.11 Central California Blood Center
11.12 Central Pennsylvania Blood Bank
11.13 Coastal Bend Blood Center
11.14 Coffee Memorial Blood Center
11.15 Community Blood Center
11.16 ConnectLife
11.17 East Jefferson General Hospital Blood Bank
11.18 Gulf Coast Regional Blood Center
11.19 Hendrick Regional Blood Center
11.20 Houchin Community Blood Bank
11.21 Hoxworth Blood Center
11.22 ImpactLife
11.23 Innovative Transfusion Medicine
11.24 Inova Blood Donor Services
11.25 Kentucky Blood Center
11.26 LIFELINE Blood Services
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • ARUP Blood Services
  • Atlanta Blood Services
  • Baylor Scott & White Blood Center
  • Blood Assurance
  • Blood Bank of Alaska
  • Blood Bank of Delmarva
  • Blood Center of Northcentral Wisconsin
  • Bloodworks Northwest
  • Carter BloodCare
  • Cascade Regional Blood Services
  • Central California Blood Center
  • Central Pennsylvania Blood Bank
  • Coastal Bend Blood Center
  • Coffee Memorial Blood Center
  • Community Blood Center
  • ConnectLife
  • East Jefferson General Hospital Blood Bank
  • Gulf Coast Regional Blood Center
  • Hendrick Regional Blood Center
  • Houchin Community Blood Bank
  • Hoxworth Blood Center
  • ImpactLife
  • Innovative Transfusion Medicine
  • Inova Blood Donor Services
  • Kentucky Blood Center
  • LIFELINE Blood Services
  • LifeShare Blood Center
  • LifeSouth Community Blood Centers
  • LifeStream Blood Bank
  • Marsh Regional Blood Center
  • MEDIC Regional Blood Center
  • Memorial Blood Centers
  • Miller-Keystone Blood Center
  • Mississippi Blood Services
  • Nebraska Community Blood Bank
  • New York Blood Center
  • Northern California Community Blood Bank
  • Ochsner Blood Bank
  • Oklahoma Blood Institute
  • Our Lady of the Lake Regional Medical Center
  • Rhode Island Blood Center
  • Rock River Valley Blood Center
  • San Diego Blood Bank
  • Shepeard Community Blood Center
  • South Bend Medical Foundation
  • South Texas Blood & Tissue Center
  • St. Mary's Hospital Blood Center
  • Stanford Blood Center
  • SunCoast Blood Centers
  • Texas Blood Institute
  • The Blood Center
  • The Blood Connection
  • The Community Blood Center
  • UCLA Blood & Platelet Center
  • Versiti
  • Vitalant
  • We Are Blood
  • Western Kentucky Regional Blood Center