Global Blood Transfusion Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Blood Bag & Accessory, Blood Mixer, Fridge & Freezer, Filter, Blood Component Separator, Apheresis Device, Pathogen Reduction System, Consumables & Supplies, and Others

By End Users;

Hospitals, Ambulatory Surgical Centers, Blood Bank, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, & Latin America - Report Timeline (2021 - 2031)
Report ID: Rn530927602 Published Date: May, 2025 Updated Date: June, 2025

Blood Transfusion Market Overview

Blood Transfusion Market (USD Million)

Blood Transfusion Market was valued at USD 8,894.40 million in the year 2024. The size of this market is expected to increase to USD 10,042.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.8%.


Global Blood Transfusion Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 1.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.8 %
Market Size (2024)USD 8,894.40 Million
Market Size (2031)USD 10,042.86 Million
Market ConcentrationHigh
Report Pages326
8,894.40
2024
10,042.86
2031

Major Players

  • Immucor
  • Becton Dickinson
  • Braun Melsungen AG
  • Terumo Corporation
  • Grifols SA
  • Kaneka Corporation
  • Fresenius Kabi
  • Haemonetics Corporation
  • Macopharma

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Blood Transfusion Market

Fragmented - Highly competitive market without dominant players


The Blood Transfusion Market is witnessing steady expansion driven by increased prevalence of surgical procedures and chronic disorders. A growing demand for safe and effective blood components is significantly influencing market trends. Technological integration in transfusion equipment and improved screening techniques have enhanced operational precision, contributing to efficiency gains of over 20% in the last few years. Hospitals and clinics are prioritizing optimized transfusion practices to meet clinical safety benchmarks.

Drivers of Market Growth
One of the core factors propelling the market is the rising incidence of trauma-related injuries, cancer therapies, and obstetric complications, all of which require reliable blood supply. Furthermore, blood component separation techniques have gained traction, increasing the demand for platelet and plasma transfusions. Adoption of leukoreduction and pathogen-reduction technologies has surged by more than 25%, reflecting a move toward safer transfusion protocols.

Technological Advancements
The integration of automated blood processing systems and digital cross-matching technologies is revolutionizing transfusion workflows. Innovations in RFID-enabled cold chain logistics and transfusion management software have enhanced traceability and reduced wastage by up to 18%. These advances are helping reduce errors and increasing compliance with clinical regulations, especially in complex transfusion scenarios.

Future Outlook
The future of the Blood Transfusion Market is likely to be shaped by developments in personalized medicine, AI-based compatibility testing, and artificial blood substitutes. Continued investments in research and quality control standards are expected to improve access and reliability. The market is anticipated to sustain its momentum, supported by regulatory focus and enhanced healthcare infrastructure, which have shown improvements in efficiency metrics by more than 22% in recent evaluations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End Users
    3. Market Snapshot, By Region
  4. Blood Transfusion Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Blood Products
        2. Rising Number of Surgical Procedures
        3. Growing Incidence of Trauma Cases
        4. Advancements in Transfusion Medicine
      2. Restraints
        1. Blood Supply Shortages
        2. Transfusion-related Risks and Complications
        3. Stringent Regulatory Requirements
        4. High Cost of Blood Transfusion
      3. Opportunities
        1. Expansion of Blood Donation Programs
        2. Technological Innovations in Blood Processing and Storage
        3. Development of Safer and More Efficient Transfusion Practices
        4. Adoption of Autologous Blood Transfusion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Blood Transfusion Market, By Product Type, 2021 - 2031 (USD Million)
      1. Blood Bag & Accessory
      2. Blood Mixer
      3. Fridge & Freezer
      4. Filter
      5. Blood Component Separator
      6. Apheresis Device
      7. Pathogen Reduction System
      8. Consumables and Supplies
      9. Others
    2. Blood Transfusion Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Blood Bank
      4. Others
    3. Blood Transfusion Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Immucor
      2. Becton Dickinson
      3. Braun Melsungen AG
      4. Terumo Corporation
      5. Grifols SA
      6. Kaneka Corporation
      7. Fresenius Kabi
      8. Haemonetics Corporation
      9. Macopharma
  7. Analyst Views
  8. Future Outlook of the Market