Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

Global blood banking market set to be driven by health scares and regulatory requirements

Industry Sector

Healthcare and Medical

Published

4 December 2012

Author

Matt Bodimeade

Type of News

Market

The global blood banking market has been forecast to hit a valuation of US$43 billion by 2018, with the industry set to be driven by health scares and regulatory requirements. Worldwide markets for blood banking are exhibiting a healthy trend, thanks to an aging population, and a steep increase in healthcare expenditures.

Though temporarily impacted by the economic recession, new infections continue to take a toll on population in developing nations, fuelling demand for blood banking and blood products. Regulatory and healthcare bodies across the world, in a bid to serve these people, are adopting stringent policies relating to blood safety.

As an extension to this, manufacturers all over the world are developing improved, safer, and advanced blood banking technologies for the collection, processing and delivery of blood products.

Blood is an essential substance for life and is utilised in the healthcare system. Its collection and its subsequent usage from purchased or donated sources is a concern of hospitals and other surgical centres.Blood banking

There are specific devices and blood collection equipment used in the process. In the course of its usage, blood is tested; both for its type so that a proper recipient can be matched and to be sure the blood is clear of infection.

The worldwide production of blood plasma products is considerably lesser than demand, which for some products is rising at a rate of 14.6% each year. Fractionating facilities are also decreasing in number, increasing the burden on the remaining sources. The industry is rendered vulnerable to economic fluctuations and export regulations.

For more information on the global blood banking market, see the latest research: Global Blood Banking Market

Follow us on Twitter @CandMResearch

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Change Currency

GBP
USD

Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

December Discounted Prices: Contact us to ask about our special discounts available in December

For the last month in 2014 we are offering discounted prices on a selection of new reports. Please contact us on 00 44 (0) 203 0868600 or via email (click here to email) to ask about prices and special discounts.

Available during December and the run-up to Christmas; Discounted prices on a selection of our reports.

Find all the research at the best prices. Great promotions being offered during December!

We are offering our clients substantial savings on the best research available during December. Please contact us either via emailor by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600. We look forward to being able to find you the research you require at good prices.

Accessibility
Close

Contrast settings

Text size settings