Global Blood Bank Information Systems- Market Overview:
Blood Bank Information System is a software application used by blood banks to manage the entire process of collecting, testing, and storing blood. It also helps in managing donors and patients as well as communication with clients. Blood bank information systems can be integrated with other hospital management systems for easy sharing of data. Increased public awareness about blood donation on a large scale boosts the blood bank information system market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Demand for Cloud Based Computing in Blood Bank Information System
Market Growth Drivers:
Increasing Number of Blood Donors and Rising Prevalence of Hematologic Diseases
Challenges:
High Blood/ Component Shortage and Lack of Knowledgeable and Skilled Professionals in the System
Restraints:
Frequent Cyber-attacks may hamper the Market and Data Security Concerns
Opportunities:
Technological Advancements such as RFID to Manage Blood Sampling Data and Barcode Tags Information
Competitive Landscape:
Blood Bank Information Systems Market is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are WellSky (United States), Cerner Corporation (United States), Allscripts Healthcare, LLC (United States), Haemonetics Corporation (United States), McKesson (United States), Roper Technologies, Inc. (United States), Mediware (Italy),, Soft Computer Consultants, Inc. (United States), Compugroup (Germany), and Pysche Systems Corporation (United States). Considering Market by End User , the sub-segment i.e. Hospital will boost the Blood Bank Information Systems- market. Considering Market by Features, the sub-segment i.e. Biometric ID Of Donors will boost the Blood Bank Information Systems- market.
Latest Market Insights:
In May 2020, Haemonetics Corporation, a global medical technology company focused on providing innovative hematology solutions to drive better patient outcomes, entered into a definitive agreement to sell certain donor management software assets within its Blood Center division as follows: announced it did. Zippy Group. GPI is a leading provider of IT solutions supporting health and social services listed on Borsa Italiana's MTA market.
In October 2020, CompuGroup Medical (CGM) made the cover of the latest The Healthcare Insights for its efforts to support the healthcare industry through technology in the fight against the COVID-19 pandemic. CompuGroup Medical provided telemedicine and remote patient monitoring solutions to healthcare providers, facilitating more accessible care and improving patient outcomes.
What Can be Explored with the Blood Bank Information Systems- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Blood Bank Information Systems- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Blood Bank Information Systems-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Blood Bank Information Systems- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Blood Bank Information Systems- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Blood Bank Information System Service Provider, Hospitals, Government Associations, Research Organizations, Software Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.