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Blood & Organ Banks in the US - Industry Market Research Report

  • August 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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



Abstract

Blood & Organ Banks in the US

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.

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

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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