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Blood & Organ Banks in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Blood & Organ Banks Market Research Report | NAICS 62199 | Aug 2016

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

The Blood & Organ Banks market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • A fast-growing elderly population will contribute to higher demand for blood and organs
  • Technology has increased the success rate of organ transplants, boosting demand for donor organs
  • Demand for high-margin services, like cord blood banking, will increase, boosting profit margins
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Industry Analysis & Industry Trends

Demand for blood and organ transplants in the United States has consistently been on the rise, with patient need in many cases exceeding the capacity of the Blood and Organ Banks industry. Nevertheless, the industry has contended with several challenges during the past five years, including the high labor intensity of matching donors to recipients and a sharp decline in private donations in the wake of the recession. Still, as private health insurance coverage rates increase in the coming five years, revenue will grow, though margins at for-profit operators are expected to shrink as increasingly consolidated hospitals gain greater leverage in negotiations. Steady demand for organ donations, particularly kidneys, will be a primary driver of growth in the industry... ... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the Blood and Organ Banks industry has experienced difficult times, with decreasing demand for blood services and shortages, both of blood and organs, hindering revenue. The industry relies heavily on donations of organs, blood and tissue, which it collects, stores and distributes. However, organ donations have not kept up with the demand. Consequently, the gap between the number of people waiting for organ transplants and the number of organs available has increased. The lack of available organs drastically hinders industry revenue. Additionally, major operators, such as the Red Cross, also rely on donations for part of their funding. In 2015, contributions made up 22.0% of the Red Crosses revenue. Don.. ... purchase to read more

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... purchase to read more


    Industry ProductsRelated Reports

    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 servicesBlood plasma collection, processing, and distribution servicesOrgan bank services Tissue bank servicesHealth screening services (excluding health practitioners)All other human blood servicesReproductive and stem cell bank services
    Industry Activities
    Collecting bloodStoring bloodDistributing bloodStoring organsDistributing organsResearching storage technologiesReproducing 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
  • 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
  • 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
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Blood & Organ Banks Industry
  • Industry Globalization
    Major Companies
    The American Red Cross
    Blood 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 (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of people with private health insurance (2007-2021)
  • 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 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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