The Business Research Company’s Blood And Blood Components Global Market Report 2020-30: Covid 19 Growth And Change. The report covers market size, key players, market share and trends to 2030.
Blood And Blood Components Global Market Report 2020-30: Covid 19 Growth And Change is one of a series of new reports from The Business Research Company that provide Blood And Blood Components market overviews, analyze and forecast market size and growth for the whole market, Blood And Blood Components market segments and geographies, Blood And Blood Components market trends, Blood And Blood Components market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The blood and blood components market consists of sales of blood and blood component. The market involves collection of donor`s blood and segregating it into required components for the purpose of therapy.
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The global blood and blood components market is expected to decline from $38.6 billion in 2019 to $35.7 billion in 2020 at a compound annual growth rate (CAGR) of -7.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the blood and blood components market. Due to the COVID-19, there has been either postponement or cancellation of blood donation drives between lockdown, which is declining the blood and blood components market. The market is then expected to recover and grow at a CAGR of 4.8% from 2021 and reach $41 billion in 2023.
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