US Blood Bank Market Forecast to 2027

1. US Blood Bank Market Forecast to 2027 - COVID-19 Impact and Analysis - by Type, Function, Bank Type, End User Forecast to 2027 - COVID-19 Impact and Analysis - by Type (Whole Blood, RBC, Platelets, Plasma, and WBC), Function (Collection, Processing, Testing, Storage, and Transportation), Bank Type (Private and Public), End User (Hospitals, Ambulatory Surgery Centers, Pharmaceutical Companies, and Others)”under Biotechnology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. The US Blood Bank Market is expected to reach US$ 6,025.26 millionby 2027 from US$3,975.02 million in 2019;it is expectedto grow with a CAGR of 5.5% from 2020 to 2027.The growth of the marketis attributed to the key factors such as the high prevalence of hematologic diseases and rise in the number of road accidents. On the other hand, the market growth would be hindered by the disability of blood banks to comply with regulations. Distracted driving is a growing concern in the US. As per the National Highway Traffic Safety Administration, the country witnesses ~5.5 million car accidents, accounting for 3 million injuries and 40,000 fatalities each year. Also, ~60,000 injuries and 5,000 deaths occur as a result of truck accidents each year. Rising accident count in the country is leading to high demand for blood for treating trauma cases and carrying out surgeries. For instance, as per The American National Red Cross, a single-car accident patient can require ~100 units of blood. In the last few years, cases of fatal

2. injuries have increased in the US. Request a free sample copy US Blood Bank Market Report @ https://www.bharatbook.com/marketreports/sample/reports/2150208 As per the National Center for Health Statistics, ~31 million injured people seek medical treatment each year in the country. Of these, ~2 million are severe enough to require some form of hospitalization. Apart from this, workplace injuries have also increased in the last few years. As per the National Safety Council, a worker is injured at the workplace every 7 seconds. Thus, increasing accidents, trauma cases, and severe injuries are emphasizing the huge requirement of stored blood, thereby boosting the blood bank market in the country. Based on type, the US blood bank market is segmented into whole blood, plasma, RBC, platelets, and WBC. In 2019, the whole blood segment held the largest share of the market. Moreover, the plasma segment is anticipated to register the highest CAGR in the market during the forecast period. Based on the function, the US blood bank marketwas segmented intotesting, processing, storage, transportation, and collection.The testingsegment held the largest share of the market in 2019 and is anticipated to register the highest CAGR during the forecast period. Based onbank type, the US blood bank marketissegmented into private and public. In 2019,the privatesegment accounted for a larger share of the market andis anticipated to register a higherCAGR during the forecast period. The market has been segmented on the basis of end user into hospitals, ambulatory surgery centers, pharmaceutical companies, and others. The hospitals segment accounted for the largest market share in 2019, and the market for the same is also anticipated to grow at the highest CAGR during the forecast period. A few of the major primary and secondary sources referred to while preparing this report on the US blood bank market areAmerican Association of Blood Banks (AABB), America's Blood Centers (ABC), Food and Drug Administration (FDA), and Centers for Disease Control and Prevention (CDC). Reson To Buy Understand the US blood bank market landscape and identify market segments that are most likely to guarantee a strong return

3. Stay ahead of the race by comprehending the ever-changing competitive market landscape Efficiently plan mergers and acquisitions, and partnership deals in the US blood bank market by identifying market segments with the most promising probable sales Make knowledgeable business decisions from perceptive and comprehensive analysis of the performance of various segments of the market. Obtain revenue forecast for the market based on various segmentsfor the period 2019–2027 Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/us-blood-bank-market-forecast-to-2 027-covid-19-impact-and-analysis-by-type-whole-blood-rbc-platelets-plasma-and/ 2150208 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com