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The blood and blood components market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 4%, as per The Business Research Company’s market report!

Read More On The Blood And Blood Components Market Report 2022 – https://www.thebusinessresearchcompany.com/report/blood-and-blood-components-global-market-report

The Blood And Blood Components Market Size In 2022 And Forecast

The global blood and blood components market is expected to grow from $35.63 billion in 2021 to $37.18 billion in 2022 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The blood and blood components market is expected to reach $44.11 billion in 2026 at a CAGR of 4.4%.

The blood and blood components market consist of sales of blood and blood component.

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Increasing Incidence Of Trauma And Road Accidents Is Driving The Growth Of The Blood And Blood Components Market

According to a report by Centers for Disease Control and Prevention, Hemophilia A affects one out of every 5,000 male babies born. Every year, about 400 newborns are born with haemophilia. Also, as per US NIH data, in 2019, traumatic injury was found to be the foremost reason of mortality among 1-40 years old people.

Competitive Landscape And The Regional Analysis Of The Blood And Blood Components Market

Major players in the blood and blood components market are American Red Cross, Australian Red Cross Blood Service, Abbott Laboratories, Blood Centers of America, Becton, Dickinson & Co., German Red Cross, Nipro Medical Corporation, American Association of Blood Banks, AVIS National and National Blood Authority Australia.

The Blood And Blood Components Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the blood and blood components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the blood and blood components market.

Strategic Collaborations– A Key Trend In The Blood And Blood Components Market

Companies are adopting partnerships and collaborations in order to expand their reach, increase customer base and generate awareness in the market.

Blood And Blood Components Market Segmentation By The Business Research Company

1) By Product: Whole Blood, Blood Components

2) By End-Users: Hospitals, Ambulatory Surgical Centers, Others

3) By Application: Anemia, Trauma & Surgery, Cancer Treatment, Bleeding Disorders

4) By Blood Components: Red Blood Cells, Platelets, Plasma, White Blood Cells

Here Are Some Reports Related To The Blood And Blood Components Market –

Blood Transfusion Diagnostics Global Market Report 2022

Blood Glucose Meters Global Market Report 2022

Blood Collection Devices Global Market Report 2022

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