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Global Blood Industry Trends and Market Forecast 2026–2030

February 20, 2026February 20, 2026 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the blood market from 2026–2035 with trusted insights from The Business Research Company

What size range is anticipated for the Blood Market from 2026 to 2030?

The blood market has experienced robust expansion over recent years. Projections indicate a rise from $8.84 billion in 2025 to $9.38 billion by 2026, demonstrating a compound annual growth rate (CAGR) of 6.2%. Historically, this growth has been driven by several factors, including a greater occurrence of surgical procedures, the broadening of diagnostic laboratory networks, heightened recognition of blood safety guidelines, the establishment of more structured blood collection systems, and advancements in blood screening technologies.

The blood market is projected to experience robust expansion over the coming years. Its valuation is anticipated to reach $11.85 billion by 2030, driven by a compound annual growth rate (CAGR) of 6.0%. This growth during the forecast period is attributable to several factors, including the escalating demand for plasma-derived therapies, the increasing embrace of automated blood processing systems, the expansion of national blood initiatives, the wider application of data-driven blood supply management, and heightened investments in technologies for transfusion safety. Key trends anticipated during the same period encompass a surge in demand for automated blood screening solutions, the growing integration of digital blood inventory management, a greater emphasis on voluntary blood donation schemes, the expansion of infrastructure for plasma collection, and an elevated focus on blood safety and traceability.

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What Drivers Are Affecting Demand In The Blood Market?

A projected surge in surgical procedures is anticipated to fuel the expansion of the blood market. This increase in surgeries is primarily attributed to advancements in medical technology, a growing elderly population, and a rise in chronic disease cases. Blood is essential in surgery to supply oxygen and nutrients, aiding clotting to control bleeding and enhance the immune response to combat infections. For instance, in May 2025, according to the Australian Institute of Health and Welfare, an Australia-based government administration, public hospitals in 2023–24 recorded 778,500 patients admitted for elective surgery, marking a 5.8% increase from 2022–23. Therefore, the escalating volume of surgeries is driving the blood market going forward.

Which Segment Groups Are Influencing The Blood Market?

The blood market covered in this report is segmented –

1) By Product: Whole Blood Collection And Processing, Source Plasma Collection, Blood Typing Products, Blood Screening Products

2) By Mode of Delivery: Infusion Solutions, Gels, Sprays, Biomedical Sealants

3) By End User: Blood And Blood Component Bank, Diagnostic Laboratories, Ambulatory Surgical Centers, Hospitals, Other End Users

Subsegments:

1) By Whole Blood Collection And Processing: Blood Collection Bags, Blood Processing Kits, Blood Separation Systems, Blood Donation Kits

2) By Source Plasma Collection: Plasma Collection Kits, Automated Plasma Collection Systems, Plasma Freezers And Storage Equipment

3) By Blood Typing Products: Blood Typing Reagents, Blood Typing Kits (Manual And Automated), Blood Grouping Solutions

4) By Blood Screening Products: Blood Screening Reagents, Blood Screening Systems (Automated And Manual), Infectious Disease Testing Kits, Hemoglobin Testing Kits

What Upcoming Trends Are Likely To Define The Future Path Of The Blood Market?

Key companies within the blood market are innovating advanced blood transfusion devices, including blood collection tubes, which allow for the secure and efficient retrieval of whole blood and facilitate straightforward separation of plasma from blood cells. A Blood collection tube (BCT) refers to a specialized container utilized for the safe collection, transit, and storage of blood samples for laboratory analysis or medical procedures, with these tubes crafted to preserve the integrity of the blood and its constituent parts. Illustratively, in July 2025, OraSure Technologies, Inc., a US-based medical diagnostics and device company, via its subsidiary DNA Genotek, introduced the HEMAcollect PROTEIN Blood Collection Tube (BCT). This particular blood collection device features a proprietary stabilizing liquid designed to protect plasma proteins by minimizing hemolysis and reducing pre-analytical variations caused by cell lysis or platelet activation, thereby improving the reliability of downstream proteomic assays.

Who Are The Top-Performing Companies In The Blood Market In Recent Years?

Major companies operating in the blood market are Cardinal Health Inc., Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Plc, Danaher Corp., Merck KGaA, Asahi Kasei Medical Co. Ltd., Henry Schein Inc., Medline Industries Inc., B. Braun Melsungen AG, Grifols SA, Terumo Corp., Nipro Corp., QuidelOrtho Corp., Bio Rad Laboratories Inc., LivaNova PLC, Haemonetics Corp., Macopharma, DIAGAST SAS, BAG Health Care GmbH, Kawasumi Laboratories America Inc

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Which Region Currently Holds The Largest Share Of The Blood Market?

North America was the largest region in the blood market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blood market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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