Blood Products Market: By Type (Whole Blood, Blood Components, Blood Derivatives), By Product (Packed RBC’s, Platelets, FFP, Cryo, Washed Red Blood Cells, Irradiated Blood) By Application (Treatment, Diagnosis), By End User (Blood Banks, Diagnostic Centres, Hospitals),  By Geography


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Global blood products market have plentiful of market players and it is consolidated. In terms of processing devices, strong market players are present. Companies in this market are focusing on new product develepments and market expansions for strengthen their market share. These are classified blood components arranged in the blood transfusion focus (red cells, platelets, crisp solidified plasma and cryoprecipitate) or plasma subsidiaries produced from pooled plasma gifts in plasma fractionation focuses, (for example, egg whites, coagulation components and immunoglobulins). Furthermore companies are also stregnthening their posistion by acquiring the other companies operating in same market. For instance, in August 2012, Haemonetics Corporation acquired business assets of blood collection, filteration and processing product lines of Pall Corpration. On November 11, 2013, Grifols, a global healthcare company and producer of plasma therapies, acquired the transfusion diagnostics unit of Novartis. Furthermore, government organizations and non-government organizations are also playing major role in providing awareness regarding life threatening diseases, blood transfusion, blood donation etc.

Blood Products Market Summary

Study Period


Base Year




Largest Market

North America

Fastest Growing Market

Asia Pacific
Market Dynamics

Increase in the prevalance of various diseases, expanded need of blood during several surgical procedurs, increse in government initiatives regarding necessity of blood donation, safety of blood transfusion, several blood donating campaigns are some of the factors that are fuelling the growth of the blood products market. However, Lack of awareness and lack of skilled and trained professionals can lead to misleading transfusion thus, declining the sales of blood products globally.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021) and forecast (2022-2028).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market The report tracks recent innovations, key developments and startup’s details that are actively working in the market .
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario.
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.

Blood Products Market Segmentation

By Type
  • Whole Blood
  • Blood Components
  • Blood Derivatives
By Product
  • Packed RBC’s
  • Platelets
  • FFP
  • Cryo
  • Washed Red Blood Cells
  • Irradiated Blood
By Application
  • Treatment
  • Diagnosis
By End User
  • Blood Banks
  • Diagnostic Centres
  • Hospitals

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • Grifols (Spain)
  • Medtronic (US)
  • Becton, Dickinson and Company (US)
  • Fresenius (Germany)
  • Terumo (Japan)
  • Haemonetics (US)
  • Kawasumi Laboratories (Japan)
  • Nipro Medical (US)
  • Greiner Holding (Austria)