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Animal Blood & Blood Components Market Size
- Report ID: GMI7007
- Published Date: Oct 2023
- Report Format: PDF
Animal Blood & Blood Components Market Size
Animal Blood & Blood Components Market size accounted for a significant market revenue of USD 122.4 million in 2022 and is expected to showcase significant growth of 9.7% over the forecast period, to reach an estimated value of USD 292.8 million by 2032. The growth of the market in the foreseeable future is primarily propelled by a heightened awareness of veterinary blood banking and transfusion services.
This increased awareness has a substantial influence on driving market expansion. Moreover, the rising incidence of chronic illnesses in aging pets further contributes positively to the market progress.
Animal blood plays a fundamental role in transporting oxygen, nutrients, hormones, and waste products throughout an animal's body. Animal blood is composed of a liquid portion called plasma, which contains various proteins, electrolytes, and other dissolved substances, and cellular elements, including red blood cells (erythrocytes), white blood cells (leukocytes), and platelets. The combination of these individual elements is referred to as blood components.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Animal Blood & Blood Components Market Size in 2022: | USD 122.4 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 9.7% |
| 2032 Value Projection: | USD 292.8 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 225 |
| Tables, Charts & Figures: | 437 |
| Segments covered: | Product, Animal type, Application, End-user, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Animal Blood & Blood Components Market Scope
