Overview

Steady pulse: An aging population will drive demand despite more-efficient medical technology

IBISWorld’s industry research report on Blood & Organ Banks provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • A fast-growing elderly population will contribute to higher demand for blood and organs
  • Lack of organ donations is another prevalent problem for the industry
  • Industry services are poised to benefit from new procedures and technologies

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    Industry Analysis & Industry Trends

    Operators in the Blood and Organ Banks industry grapple with steadily rising demand for organs and blood. Each year, there is a shortage of organs for needed for life-saving transplants. Despite high demand for certain organs and blood products, revenue hinges on donations. Consequently, due to decreasing demand and supply constraints, industry revenue is expected to stagnate over the five years to 2017. Over the five years to 2022, revenue is expected to slowly grow. Medical research is expected to drive demand for blood products as national institutes develop vaccines for global epidemics such as the Zika virus...

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    Industry Report - Industry Key Buyers Chapter

    The Blood and Organ Banks industry has a low to moderate level market share concentration. In 2017, the top four players are estimated to account for nearly 40.0% of industry revenue. However, concentration varies significantly by the industry's product segment. For example, the American Red Cross supplies the largest amount of whole blood and components, or 40.0% of the national blood supply, according to the organization. A small number of hospitals collect blood for their own use, and the American Services Blood Program collects blood to meet the military's needs. In ..

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    Additional Insights for the Blood & Organ Banks Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Blood & Organ Banks Industry are

  • Access to volunteer labor
  • Proximity to key suppliers
  • Understanding government policies and their implications
  • IBISWorld analysts also discuss how external factors such as Consumer Confidence Index and Demand from medical instrument and supply manufacturing in the Blood & Organ Banks industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Blood & Organ Banks Industry?

    This industry includes companies that primarily collect, store and distribute human blood, blood products and human organs.

    Industry Products
    Red blood cell collection, processing, and distribution services
    Blood plasma collection, processing, and distribution services
    Organ bank services
    Tissue bank services
    Health screening services (excluding health practitioners)
    All other human blood services
    Reproductive and stem cell bank services
    Industry Activities
    Collecting blood
    Storing blood
    Distributing blood
    Storing organs
    Distributing organs
    Researching storage technologies
    Reproducing tissues

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer Confidence Index
  • Demand from medical instrument and supply manufacturing
  • Number of people with private health insurance
  • Number of adults aged 50 and older
  • Number of physician visits
  • Private investment in computers and software

  • Current Performance
  • Decreasing demand for blood
  • Lack of donations hinders revenue
  • Black market on the rise
  • Crises increase donations
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased outreach efforts
  • New technology provides opportunities and threats
  • Research drives demand
  • Table: Blood & Organ Banks Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Blood & Organ Banks Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Diagnostic & Medical Laboratories
  • Hospitals
  • Specialty Hospitals
  • Natural Disaster & Emergency Relief Services

  • Key Selling Industries
  • Hospitals
  • Medical Instrument & Supply Manufacturing
  • Metal Tank Manufacturing

  • Products & Services
  • Other
  • Red blood cell collection, processing, and distribution services
  • Blood plasma collection, processing, and distribution services
  • Health screening services (excluding health practitioners)
  • Organ bank services
  • Tissue bank services
  • All other human blood services
  • Reproductive and stem cell bank services
  • Chart: Blood & Organ Banks Industry Products and Services Segmentation

  • Demand Determinants
  • Disasters and other factors
  • Healthcare innovations

  • Major Markets
  • Other patient care revenue
  • Government insurers
  • Private insurers
  • Patient out-of-pocket: payments from patients and their families
  • Patient out-of-pocket: patients assigned Social Security benefits
  • Chart: Major Market Segmentation for the Blood & Organ Banks Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchase costs
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Blood & Organ Banks

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Blood & Organ Banks Industry

  • Industry Globalization
    Major Companies
    The American Red CrossBlood Systems
  • Table: The American Red Cross - financial performance
  • Table: Blood Systems - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Blood & Organ Banks Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Blood & Organ Banks Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Government funding for universities (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Organ Procurement Organization
  • An organization responsible for coordinating organ and tissue donations at hospitals throughout the United States.
  • Plasma
  • The fluid part of blood (makes up about 57.0% of whole blood) that consists primarily of water and proteins and helps the body control bleeding and infection.
  • Platelet
  • A minute disk that circulates in the blood and is involved in hemostasis, leading to the formation of blood clots.
  • Whole Blood
  • A term used in transfusion medicine for human blood from a standard blood donation.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Blood & Organ Banks:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Blood & Organ Banks market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Blood & Organ Banks, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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