The Global Blood Industry
The global sales of blood products reached $31.8 billion in 2015 and $33.5 billion in 2016. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 4.9% from 2016 to 2021, reaching nearly $42.6 billion in 2021.
Blood therapeutics as a segment reached $27.2 billion in 2016 and should reach $35.0 billion by 2021, with a CAGR of 5.2%.
Blood-screening and blood-typing products a s a segment reached $3.8 billion in 2016 and should reach nearly $4.9 billion by 2021, with a CAGR of 5.2%.