Blood bank market seen reaching $26.59 billion by 2030

The Business Research Company says the global blood bank market is expanding on rising trauma care needs, hospital growth and broader blood donation programs. The report projects the market will grow from $20.47 billion in 2026 to $26.59 billion by 2030, with North America leading and Asia-Pacific set to grow fastest.

Why it matters: - Blood banks support surgery, emergency care and other transfusions that depend on a steady supply of safe blood. - Rising accidents and trauma cases are increasing demand for donated blood, which can strain collection, testing and storage systems. - The market outlook points to more investment in digital tools, logistics and compliance across the blood supply chain.

What happened: - The Business Research Company released its Blood Bank Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report says the blood bank market will rise from $19.12 billion in 2025 to $20.47 billion in 2026. - The report projects the market will reach $26.59 billion by 2030. - The report is available as a free sample and as the full market report.

The details: - The report puts the market at a 7.1% CAGR from 2025 to 2026. - It forecasts 6.8% CAGR growth from 2026 to 2030. - Historical growth has been driven by higher demand for surgical and emergency care, hospital expansion, stronger blood donation participation, better blood testing accuracy, and growth in public and private blood banks. - Forecast growth is tied to investment in digital blood bank platforms, remote donor engagement tools, plasma collection networks, traceability and regulatory compliance, and blood logistics. - Key trends include automated blood bank management systems, digital donor tracking, cold chain optimization, mobile blood collection units, and tighter quality standards. - A blood bank is a facility that collects, tests, processes and stores donated blood for transfusions and other medical treatments. - The report says blood banks help provide timely care for patients facing surgery, injuries or other health conditions. - An increasing number of accidents is a main growth driver for the market. - In October 2025, the European Commission reported that Iceland saw a 63% rise in road deaths in 2024 compared with 2023. - The report says that increase in accidents directly raises the need for blood supply. - North America held the largest market share in 2025. - Asia-Pacific is projected to be the fastest-growing region during the forecast period. - The regional analysis also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. - New additions in the 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technology analysis and updated graphics and tables.

Between the lines: - The report suggests the market is shifting from basic supply management toward more data-driven operations. - Faster growth in Asia-Pacific likely reflects broader healthcare expansion and rising demand for transfusion services. - The focus on traceability and compliance signals tighter oversight across collection, storage and distribution. - Digital donor engagement and mobile collection units point to a push for more efficient and flexible blood sourcing.

What's next: - The market is expected to keep expanding through 2030 as healthcare systems invest in blood collection, storage and delivery capacity. - Providers are likely to prioritize automation, cold chain improvements and digital tracking to reduce waste and improve reliability. - The report points to continued momentum in plasma networks and regulatory systems as core growth areas. - The company also listed contact details for analyst inquiries and social media channels, including LinkedIn, Facebook and X.