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Blood and Organ Bank Market is expected to reach USD 25.06 Billion by 2030 at a CAGR of 5.4 percent

(Medical-NewsWire.com, June 02, 2024 ) As per Maximize Market research, the Blood and Organ Bank Market size was valued at USD 16.67 Billion in 2023 and the total Blood and Organ Bank revenue is expected to grow at a CAGR of 5.4% from 2024 to 2030, reaching nearly USD 25.06 Billion by 2030.



Blood and Organ Bank Market Report Scope and Research Methodology



The report covers the global blood and organ bank market, analyzing historical data, current trends, and future prospects. Primary and secondary research methodologies, including expert interviews and data analysis from authentic sources, were employed to derive comprehensive insights and accurate market forecasts.



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Blood and Organ Bank Market Dynamics:



The blood and organ bank market are driven by the rising prevalence of chronic diseases, accidents, and aging populations. Key factors shaping the market include technological advancements in storage and transportation, regulations ensuring safety and ethics, demand-supply gaps, and public awareness initiatives.



Blood and Organ Bank Market Regional Analysis:



North America dominates the blood and organ bank market, driven by well-established healthcare infrastructure, favorable reimbursement policies, and the presence of major industry players. The region's high awareness levels, advanced medical facilities, and increasing prevalence of chronic diseases contribute to its market leadership.



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Blood and Organ Bank Market Segmentation



by Product



Blood banking - nonumbilical cord blood

Blood banking - umbilical cord blood

Organ banking

Tissue banking

Bone marrow banking

Other banking



by End-User



Hospitals

Diagnostic Centers

Blood Banks



Others



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Blood and Organ Bank Market Key Players Includes



BioLife Plasma Services

CSL Plasma

Octapharma Plasma

Sanquin, Netherlands

Interstate Blood Bank

Inc



Maximize Market Research is leading Medical Devices research firm, has also published the following reports:



Bio-banking Market The market size was valued US$ 2.51 Bn in 2022 and is expected to reach US$ 4.25 Bn by 2029, at a CAGR of 7.78%.



Stem Cell Banking Market - The market was valued at US$ 10.08 Bn. in 2022. The global Stem cell banking Market size is expected to grow at a CAGR of 8.4%.



About Maximize Market Research



Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

L Godage

09607365656

akash.r@maximizemarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com


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