Blood Bank Market Size, Share, Trends and Forecast by Product Type, Bank Type, Function, End User, and Region, 2025-2033

The global blood bags market size reached USD 312.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 637.2 Million by 2033, exhibiting a growth rate (CAGR) of 7.38% during 2025-2033. The market is experiencing moderate growth driven by the rising demand for blood transfusions, various technological advancements, the expanding healthcare infrastructure in emerging markets, stringent regulatory compliance, and the growing awareness about blood donation.

A blood bank is a facility where blood is collected from donors, typed, separated into components, stored, and prepared for transfusion to patients. The blood is separated into red blood cells (RBCs), plasma, and platelets, which are transfused to different individuals according to their requirements. Blood banks avoid transfusion-related reactions by providing proper identification of the patients and blood products. In addition, they offer distribution services of blood to hospitals, ambulatory surgery centers, pharmaceutical companies, and research centers.

Blood Bank Market Trends:

The growing prevalence of hematological diseases, such as rare genetic conditions, anemia, and sickle cell disease due to disorders of the blood and blood-forming organs, represents one of the key factors driving the market. Moreover, there is an increase in the demand for safe blood due to the rising cases of transfusion transmissible infections (TTI), such as human immunodeficiency viruses (HIV) and hepatitis B. This, along with the increasing geriatric population across the globe, is propelling the growth of the market. In addition, there is a rise in the demand for red blood cells (RBCs) in amputation surgeries. This, coupled with various benefits associated with red blood cells (RBCs), such as easy availability and low cost of storage and maintenance, is positively influencing the market. Besides this, governments of several countries are taking initiatives to promote blood donation around the world. In line with this, the expanding healthcare industry is offering lucrative growth opportunities to end-users and investors. Additionally, the rising number of accidents in sports due to poor training methods, structural abnormalities, and unsafe exercising environments is bolstering the demand for packed red blood cells (RBCs) during blood transfusions.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product type, application, end user, material, and capacity.

Breakup by Product Type:

  • Whole Blood
  • Red Blood Cells
  • Platelet
  • Plasma
  • White Blood Cells
Breakup by Bank Type:
  • Private
  • Public
Breakup by Function:
  • Collection
  • Processing
  • Testing
  • Storage
  • Transportation
Breakup by End User:
  • Hospital
  • Ambulatory Surgery Centers
  • Pharmaceutical Companies
  • Clinics and Nursing Homes
  • Others
Breakup by Region:
  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Association of Blood Banks, Blood Bank of Alaska, Canadian Blood Services, Haemonetics Corporation, Japanese Red Cross Society, New York Blood Center, NHS Blood and Transplant, Sanquin Bloedvoorziening, Terumo Corporation, The American National Red Cross and Vitalant.

Key Questions Answered in This Report

1.What was the size of the global blood bags market in 2024?

2.What is the expected growth rate of the global blood bags market during 2025-2033?

3.What are the key factors driving the global blood bags market?

4.What has been the impact of COVID-19 on the global blood bags market?

5.What is the breakup of the global blood bags market based on the product type?

6.What is the breakup of the global blood bags market based on the application?

7.What is the breakup of the global blood bags market based on the end user?

8.What is the breakup of the global blood bags market based on the material?

9.What is the breakup of the global blood bags market based on the capacity?

10.What are the key regions in the global blood bags market?

11.Who are the key players/companies in the global blood bags market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blood Bags Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Single Blood Bag
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Double Blood Bag
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Triple Blood Bag
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Quadruple Blood Bag
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Penta Blood Bag
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Collection Blood Bag
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Transfer Blood Bag
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Ambulatory Surgical Centers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Blood Banks
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Material
9.1 Poly Vinyl Chloride Blood Bag
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Polyethylene Terephthalate Blood Bag
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Capacity
10.1 100ml Blood Bag
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 150ml Blood Bag
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 250ml Blood Bag
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 300ml Blood Bag
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 350ml Blood Bag
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 400ml Blood Bag
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 450ml Blood Bag
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 500ml Blood Bag
10.8.1 Market Trends
10.8.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Europe
11.2.1 Germany
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 France
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 United Kingdom
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 Italy
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Spain
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Russia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Asia Pacific
11.3.1 China
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 Japan
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 India
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 South Korea
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Australia
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Singapore
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Argentina
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.4.4 Others
11.4.4.1 Market Trends
11.4.4.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Turkey
11.5.1.1 Market Trends
11.5.1.2 Market Forecast
11.5.2 South Africa
11.5.2.1 Market Trends
11.5.2.2 Market Forecast
11.5.3 Saudi Arabia
11.5.3.1 Market Trends
11.5.3.2 Market Forecast
11.5.4 UAE
11.5.4.1 Market Trends
11.5.4.2 Market Forecast
11.5.5 Others
11.5.5.1 Market Trends
11.5.5.2 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Key Price Indicators
15.2 Price Structure
15.3 Price Trends
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AdvaCare Pharma
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 BL Life Sciences Pvt. Ltd
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Demophorius Healthcare Ltd.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Fresenius SE & Co. KGaA
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Grifols S.A.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Haemonetics Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 HLL Lifecare Limited
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Innvol Medical India Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 JMS Co. Ltd.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Kawasumi Laboratories Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 Maco Pharma International GmbH
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Mitra Industries Pvt. Ltd.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Neomedic Limited
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.14 Poly Medicure Ltd.
16.3.14.1 Company Overview
16.3.14.2 Product Portfolio
16.3.15 Span Healthcare Private Limited
16.3.15.1 Company Overview
16.3.15.2 Product Portfolio
16.3.16 Suru International Private Ltd.
16.3.16.1 Company Overview
16.3.16.2 Product Portfolio
16.3.17 Teleflex Incorporated
16.3.17.1 Company Overview
16.3.17.2 Product Portfolio
16.3.17.3 Financials
16.3.17.4 SWOT Analysis
16.3.18 Terumo Corporation
16.3.18.1 Company Overview
16.3.18.2 Product Portfolio
16.3.18.3 Financials
16.3.18.4 SWOT Analysis
16.3.19 The Metric Company
16.3.19.1 Company Overview
16.3.19.2 Product Portfolio
16.3.20 Troge Medical GmbH
16.3.20.1 Company Overview
16.3.20.2 Product Portfolio

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