PUBLISHER: Grand View Research | PRODUCT CODE: 1869647
PUBLISHER: Grand View Research | PRODUCT CODE: 1869647
The global animal blood bank market size was estimated at USD 1.56 billion in 2024 and is projected to reach USD 3.25 billion by 2033, growing at a CAGR of 8.5% from 2025 to 2033. The primary factor driving the market is the rising demand for animal blood products, fueled by increased use of transfusions in emergency and specialty veterinary care, expanding blood banking infrastructure, and greater pet owner participation in donor programs.
A rising demand for animal blood products is driving the industry. Advances in veterinary care and changing pet owner expectations have made blood transfusions an increasingly essential component of treatment protocols in emergency and specialty settings.
Clinical cases highlight this trend. At leading veterinary institutions, transfusions are no longer rare interventions but critical, often repeated procedures that can determine survival outcomes. One such case involved a canine patient at Tufts University. In June 2025, the canine patients required multiple units of blood products, including whole blood, red blood cells, and plasma, to recover from severe internal hemorrhage. Such examples highlight how access to readily available blood supplies is becoming indispensable in modern veterinary medicine.
Global Animal Blood Bank Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global animal blood bank market report based on product, species, type, end-use, and region.