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How big is the Blood Transfusion Market | Innovation & Future Trends 2025

Code: MTA5167 Publication Date: Jul 2025

What is the Blood Transfusion Market Size?

According to ÂÌñÉç internal database and industry insights, the Blood Transfusion Market was estimated at USD 7.9 billion in 2024 and is projected to reach USD 13 billion by 2031, expanding at a CAGR of 7.5% during the forecast period 2025–2031.

Due to factors including rising demand for blood in surgical procedures, trauma care, and treatment of haematological conditions across both developed and emerging economies, the market is predicted to rise in the coming years.

Key Growth Factors of the Blood Transfusion Market

  • Increasing the number of road accidents, surgeries, and trauma-related hospitalizations
  • Rising prevalence of anaemia, haemophilia, and cancer
  • Growth in blood banks and plasma collection centres
  • Technological advancement in transfusion safety and component separation
  • Supportive government initiatives promoting blood donation and safe transfusion practices

Blood Transfusion Market Trends

The blood transfusion market is expanding its reach globally with few notable trends which include shifting towards component-based transfusion for targeted therapy using red blood cells, platelets, or plasma. This market is also noticing the increasing adoption of pathogen-reduction technologies to ensure transfusion safety. Aside from these, digital tracking, cross-matching automation, and blockchain for supply chain transparency are becoming more prominent.

Emerging Developments in the Blood Transfusion Market

The blood transfusion market is developing over the years with great developments such as the introduction of artificial blood substitutes under research to combat donor shortages. This market is also integrating the AI in transfusion decision-making, and portable transfusion devices for battlefield and rural healthcare settings, are expanding possibilities. Further, the machine learning algorithms are now being used for predictive inventory and donor eligibility assessments, increasing overall efficiency.

Leading Companies in the Blood Transfusion Market

  • Grifols S.A.
  • Terumo BCT
  • Becton, Dickinson and Company
  • Haemonetics Corporation
  • Macopharma
  • Immucor, Inc.
  • Fresenius Kabi
  • CSL Behring
  • Bio-Rad Laboratories
  • µþ¾±´Ç²Ñé°ù¾±±ð³Ü³æ
How big is the Blood Transfusion Market : FAQ's
The blood transfusion market was demonstrated around USD 7.9 billion in 2024 and is projected to reach USD 13 billion by 2031.
Increased surgical procedures, trauma cases, and chronic blood-related disorders are main drivers.
Pathogen-reduction technology, component therapy, and automated systems are reshaping the market.
Blood donor shortages, storage issues, and risk of transfusion-related infections are challenges faced by the market.
North America and Europe are dominating the market in infrastructure, while Asia-Pacific sees rising demand.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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