Blood & Organ Banks in the US - Industry Market Research Report
Description
Blood & Organ Banks in the US
Blood and organ banks grapple with the rising medical need for organs and blood. The US Department of Health and Human Services (HHS) states that over 100,000 individuals are on the organ transplant waitlist. Kidneys account for the most organ need, followed by the liver. Despite the high call for specific organs and blood products, industry revenue hinges primarily on donations giving the blood and organ bank companies limited power meet needs or emergencies. Sadly, each year, there is a shortage of organs needed for life-saving transplants. COVID-19's mandated quarantines contracted blood donations and supply as needs continued to accelerate, hampering revenue growth compared to previous periods. Even so, industry-wide revenue has been growing at a CAGR of 2.6% to total $17.1 billion in 2023, when revenue is expected to increase 1.0%.
The Blood and Organ Banks 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.
Blood and organ banks grapple with the rising medical need for organs and blood. The US Department of Health and Human Services (HHS) states that over 100,000 individuals are on the organ transplant waitlist. Kidneys account for the most organ need, followed by the liver. Despite the high call for specific organs and blood products, industry revenue hinges primarily on donations giving the blood and organ bank companies limited power meet needs or emergencies. Sadly, each year, there is a shortage of organs needed for life-saving transplants. COVID-19's mandated quarantines contracted blood donations and supply as needs continued to accelerate, hampering revenue growth compared to previous periods. Even so, industry-wide revenue has been growing at a CAGR of 2.6% to total $17.1 billion in 2023, when revenue is expected to increase 1.0%.
The Blood and Organ Banks 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.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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