Blood & Organ Banks in the US
Operators in the Blood and Organ Banks industry grapple with steadily rising demand for organs and blood. Each year, there is a shortage of organs needed for life-saving transplants. Despite high demand for certain organs and blood products, industry revenue hinges on donations, investment income and contributions. As a result, industry revenue growth is expected to be moderate during the current period. Over the five years to 2023, revenue is expected to continue growing slowly. Medical research is expected to drive demand for blood products as national institutes develop vaccines for global epidemics such as the Zika virus. Additionally, with the prevalence of cancer increasing, many individuals undergoing chemotherapy will require blood, sometimes daily. As a result, industry operators are expected to increase donation campaign efforts to meet high demand over the next five years.
This industry includes companies that primarily collect, store and distribute human blood, blood products and human organs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook