The global Blood Bank Information Management System (BBIMS) market has been experiencing notable growth due to increasing demand for efficient blood management systems, rising healthcare expenditure, and technological advancements. BBIMS aids in streamlining blood donation, collection, testing, storage, and distribution processes. With rising awareness about the importance of safe blood transfusion, the market is anticipated to experience significant momentum from 2024 to 2029.
Market Size: As of 2023, the global BBIMS market was valued at approximately USD 455 million, with an expected compound annual growth rate (CAGR) of about 8.5% from 2024 to 2029, forecasted to reach around USD 710 million by the end of 2029. This growth trajectory is underpinned by the increasing focus on digital solutions in healthcare and the growing number of blood donation drives.
Share & Trends Analysis Report: The market can be segmented based on product type, process, application, end-use, and region.
In contrast, the Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period, driven by increased awareness of blood donation and government initiatives to improve healthcare.
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Market Size: As of 2023, the global BBIMS market was valued at approximately USD 455 million, with an expected compound annual growth rate (CAGR) of about 8.5% from 2024 to 2029, forecasted to reach around USD 710 million by the end of 2029. This growth trajectory is underpinned by the increasing focus on digital solutions in healthcare and the growing number of blood donation drives.
Share & Trends Analysis Report: The market can be segmented based on product type, process, application, end-use, and region.
By Product Type:
The BBIMS market is segmented into various product types including:- Donor Management System
- Laboratory Management System
- Inventory Management System
- Transfusion Management System
By Key Players:
Major players in the BBIMS market include:- Oracle
- Haemonetics
- WellSky
- SCC Soft Computer
- Clinisys
- Mak-System
- Tangshan Qi'ao Tech
- MSoft eSolutions
- Integrated Medical Systems
- Hemosoft
- IT Synergistics
- Blood Bank Computer Systems
- Guangdong Chuanyue
- Datamate
By Process:
The BBIMS market can also be analyzed based on various processes, including:- Blood Collection
- Blood Testing
- Blood Component Separation
- Blood Storage
- Blood Distribution
By Application:
Applications in the BBIMS market include:- Blood Stations
- Hospitals
By End-Use:
The end-use segment consists of:- Public Blood Banks
- Private Blood Banks
- Hospitals
By Region:
The BBIMS market can be analyzed regionally as follows:- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
In contrast, the Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period, driven by increased awareness of blood donation and government initiatives to improve healthcare.
Market News on Policy and Companies:
Recent policy developments have emphasized the importance of safe blood transfusion processes, influencing various countries to invest in advanced blood management solutions. Noteworthy trends include:- The U.S. FDA's new guidelines to streamline the blood donation process have prompted hospitals and blood banks to integrate modern BBIMS.
- Companies like WellSky and Haemonetics are collaborating with healthcare institutions to enhance the functionality and interoperability of their software solutions.
- European blood banks are increasingly adopting cloud-based systems for better data management and accessibility.
Segment Forecasts: 2024 - 2029
The market segments are expected to grow as follows by 2029:- Product Type: Donor Management Systems are projected to reach USD 250 million by 2029.
- Process: Blood Collection processes are estimated to account for USD 150 million, growing at a CAGR of 9%.
- Application: Blood Stations will continue leading with expected revenues of USD 450 million.
- End-Use: Public Blood Banks are anticipated to rise to over USD 300 million.
- Region: The Asia Pacific region is projected to grow at a CAGR of 11%, primarily due to government and nonprofit initiatives.
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Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Historical and Forecast Blood Bank Information Management System Market in North America (2020-2030)
Chapter 9 Historical and Forecast Blood Bank Information Management System Market in South America (2020-2030)
Chapter 10 Historical and Forecast Blood Bank Information Management System Market in Asia & Pacific (2020-2030)
Chapter 11 Historical and Forecast Blood Bank Information Management System Market in Europe (2020-2030)
Chapter 12 Historical and Forecast Blood Bank Information Management System Market in MEA (2020-2030)
Chapter 13 Summary For Global Blood Bank Information Management System Market (2020-2025)
Chapter 14 Global Blood Bank Information Management System Market Forecast (2025-2030)
Chapter 15 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Oracle
- Haemonetics
- WellSky
- SCC Soft Computer
- Clinisys
- Mak-System
- Tangshan Qi'ao Tech
- MSoft eSolutions
- Integrated Medical Systems
- Hemosoft
- IT Synergistics
- Blood Bank Computer Systems
- Guangdong Chuanyue
- Datamate