Blood Market Report 2026

Blood Market Overview

• Blood market size has reached to $8.84 billion in 2025 • Expected to grow to $11.85 billion in 2030 at a compound annual growth rate (CAGR) of 6% • Growth Driver: Surge In Surgeries Boosts Growth Of The Blood Market • Market Trend: Advancements In Blood Collection Technology To Enhanced Blood Collection Devices For Safe And Reliable Plasma Separation • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Blood Market?

Blood is a vital bodily fluid responsible for the proper functioning of organs. It is a complex mixture of various components, including red blood cells, white blood cells, platelets, and plasma, which help in maintaining health and enabling medical treatments. The main products of blood are whole blood collection and processing, source plasma collection, blood typing products, and blood screening products. Whole blood collection and processing refers to the process of collecting, separating, and storing whole blood, which contains red blood cells, white blood cells, platelets, and plasma. The various modes of delivery include infusion solutions, gels, sprays, and biomedical sealants used by different end users, such as blood and blood component banks, diagnostic laboratories, ambulatory surgical centers, hospitals, and others.

What Is The Blood Market Growth Forecast?

The blood market size is expected to see strong growth in the next few years. It will grow to $11.85 billion in 2030 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increasing demand for plasma-derived therapies, rising adoption of automated blood processing systems, expansion of national blood programs, growing use of data-driven blood supply management, increasing investments in transfusion safety technologies. Major trends in the forecast period include increasing demand for automated blood screening technologies, rising adoption of digital blood inventory management, growing focus on voluntary blood donation programs, expansion of plasma collection infrastructure, enhanced emphasis on blood safety and traceability.

Global Blood Market Segmentation

1) By Product: Whole Blood Collection And Processing, Source Plasma Collection, Blood Typing Products, Blood Screening Products 2) By Mode of Delivery: Infusion Solutions, Gels, Sprays, Biomedical Sealants 3) By End User: Blood And Blood Component Bank, Diagnostic Laboratories, Ambulatory Surgical Centers, Hospitals, Other End Users Subsegments: 1) By Whole Blood Collection And Processing: Blood Collection Bags, Blood Processing Kits, Blood Separation Systems, Blood Donation Kits 2) By Source Plasma Collection: Plasma Collection Kits, Automated Plasma Collection Systems, Plasma Freezers And Storage Equipment 3) By Blood Typing Products: Blood Typing Reagents, Blood Typing Kits (Manual And Automated), Blood Grouping Solutions 4) By Blood Screening Products: Blood Screening Reagents, Blood Screening Systems (Automated And Manual), Infectious Disease Testing Kits, Hemoglobin Testing Kits

What Is The Driver Of The Blood Market?

The increase in the number of surgeries is expected to propel the growth of the blood market. The rise in the number of surgeries is driven by improvements in medical technology, an aging demographic, and more chronic disease cases. Blood is essential in surgery to supply oxygen and nutrients, aiding clotting to control bleeding and enhance the immune response to combat infections. For instance, in May 2025, according to the Australian Institute of Health and Welfare, an Australia-based government administration, in 2023–24, public hospitals admitted 778,500 patients for elective surgery, marking a 5.8% increase from 2022–23. Therefore, the increase in the number of surgeries is driving the blood industry going forward.

Key Players In The Global Blood Market

Major companies operating in the blood market are Cardinal Health Inc., Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Plc, Danaher Corp., Merck KGaA, Asahi Kasei Medical Co. Ltd., Henry Schein Inc., Medline Industries Inc., B. Braun Melsungen AG, Grifols SA, Terumo Corp., Nipro Corp., QuidelOrtho Corp., Bio Rad Laboratories Inc., LivaNova PLC, Haemonetics Corp., Macopharma, DIAGAST SAS, BAG Health Care GmbH, Kawasumi Laboratories America Inc

Global Blood Market Trends and Insights

Major companies operating in the blood market are developing advanced blood transfusion instruments, such as blood collection tubes, which allow for the safe and efficient collection of whole blood and enable easy separation of plasma from blood cells. Blood collection tube (BCT) refers to a specialized container used to safely collect, transport, and store blood samples for laboratory testing or medical procedures, and these tubes are designed to maintain the integrity of the blood and its components. For instance, in July 2025, OraSure Technologies, Inc., a US-based medical diagnostics and device company, through its subsidiary DNA Genotek, launched the HEMAcollect PROTEIN Blood Collection Tube (BCT), a specialized blood collection device that contains proprietary stabilizing liquid that preserves plasma proteins by minimizing hemolysis and reduces pre-analytical variability caused by cell lysis or platelet activation, improving the reliability of downstream proteomic assays.

What Are Latest Mergers And Acquisitions In The Blood Market?

In March 2023, Werfen, a Spain-based medical equipment manufacturing company, acquired Immucor Inc. for $2 billion. Through this acquisition, Werfen aims to expand its portfolio of diagnostic solutions, particularly in specialized diagnostics, allowing it to offer customers a more comprehensive range of products, such as hospitals, blood banks, and clinical laboratories. Immucor Inc. is a US-based company that develops, manufactures, and sells products used by hospitals, blood banks, and clinical laboratories to detect and identify the properties of human blood before transfusion.

Regional Outlook

North America was the largest region in the blood market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Blood Market?

The blood market consists of sales of blood bags, blood glucose analyzers, blood collection tubes, and blood transfusion sets. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Blood Market Report 2026?

The blood market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the blood industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.