PUBLISHER: Allied Market Research | PRODUCT CODE: 1179611
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179611
The global blood bank information systems market was valued at $557.2 million in 2021, and is projected to reach $1,184.2 million by 2031, registering a CAGR of 7.8% from 2022 to 2031.
Blood banking involves many sophisticated analyses that, without automation and computerization, can be performed only by highly skilled persons. The human ability to look for things is more flexible than the computer's, but the ability to flexibly and intelligently search for and analyze information starts to break down as the quantity of information becomes larger. Computers, however, can handle vast amounts of information without suffering any deleterious effects.
Blood banks play an important role in the process of collecting blood and managing blood stocks, approving blood requests, updating donations and updating available blood types. Raster's web-based BBMS will address the issues and problems encountered in collecting information about donors, blood camps, inventories of blood bags, and blood transfusion services, etc., including donor screening, inventory management, blood ordering, blood usage review and compatibility testing. Blood bank information system will greatly increase the safety and quality of the blood supply as well as provide logistics data for the optimal supply chain management. It is estimated that blood bank information system market is expected to experience significant market growth during the forecast period owing to rising number of blood donors and blood donations is one of the key factors driving the blood bank information systems market size. Further, increasing hematologic diseases are the second-leading cause of the rising demand for blood.
According to WHO (World Health Organization), approximately 118.4 million blood donations are collected globally, out of which 40% are collected in high-income countries. Moreover, there are around 13,300 blood centers in 169 countries that report a collection of 106 million donations. Additionally, WHO states that according to the gender profile of blood donors globally, 33% of the blood donations are given by women. It has also been reported that 156 countries have witnessed an increase of 7.8 million blood donations from voluntary unpaid donors from 2013 to 2018. The highest growth of voluntary unpaid blood donations is witnessed in the Regions of America with 25% and 23% in Africa. Thus, the factors mentioned above are fueling the demand for blood bank information systems market growth.
However, as the number of donors are propelling globally, various advancements are being made to store and manage blood donations in the blood banks. Mostly these donations are managed by blood bank information systems. For instance, in August 2020, Samson Oloruntoba and other publishers published a report for the development of a blood retrieval system to assist in the management of blood donor records and control the distribution of blood in government hospitals.
The global blood bank information system market is segmented on the basis of type, application type, end user and region. Depending on type, the market is classified into blood donor management module, blood bank transfusion service module, and others. According to application type, the market is segmented into web-based, and mobile based. By end user, the market is classified into hospitals and blood banks. Region wise, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Europe accounted for the largest market share in the blood bank information system market in 2021 and is expected to retain its dominance throughout the forecast period. This is primarily attributed to strong presence of key players, increased healthcare expenditure, higher number of hospitals and blood banks, and higher adoption of advanced technologies .
The report provides a comprehensive analysis of the key players that operate in the global blood bank information system market. The key companies profiled in the report include Allscripts Healthcare, LLC, Cerner Corporation, CompuGroup Medical SE & Co. KGaA, Haemonetics Corporation, Hemosoft, Integrated Medical Systems, IT Synergistics, Roper Technologies, Inc., SCC Soft Computer, and WellSky.
Key Benefits For Stakeholders
By Type
By Application Type
By End User
By Region