Industry Analysis & Industry Trends
The industry is expected to grow strongly over the next few years. Demand for blood products and organ transplants will continue to rise. Meanwhile, technological innovations will both improve efficiency and feed demand for this industry's services. Financial contributions to nonprofit industry firms will rise as the economy returns to health and consumers add donations back into their budgets... purchase to read more
Industry Report - Industry Investment Chapter
This industry has a low level of capital intensity, but the level varies somewhat by segment. On average, for each $1.00 spent on labor, $0.06 is spent on capital. By way of comparison, the US manufacturing sector spends about $0.50 on capital for every $1.00 the sector spends on labor. Depreciation and amortization expenses in this industry are an estimated 2.1% of total revenue, compared to 33.7% for wages. The need for labor is even higher than the wage figure indicates, because the availability of volunteer, unpaid labor in not-for-profit firms reduces overall labor costs. Blood banking programs are labor intensive – they require significant recruitment, collection, inventory management and distribution efforts that require human input... purchase to read more