QY Research has announced the release of a new report, titled “Global Blood Bank Information Systems Market Report, History and Forecast 2014-2025.” The report offers profound information about the level of competition and key strategies adopted in the global blood bank information systems market. It also provides accurate analysis of important segments of the global market and shows how they will attain growth in the coming years. The global market is projected to post a 3.9% sluggish CAGR during the forecast period 2019-2025. By 2025, it is expected to touch US$480 Mn, increasing its valuation from US$370 Mn achieved in 2018.
Global Blood Bank Information Systems Market: Market Dynamics
The demand for blood bank information systems is anticipated to increase with the rising need for blood safety and efficient use of blood. Hundreds and thousands of hospitals and healthcare centers depend on blood bank information systems to use blood wisely and avoid blood wastage. The use of blood bank information systems allows easy blood banking and transfusion. It helps with web-based simplicity for the transfusion, remote storage, and receipt of blood. Moreover, it enables efficient patient blood management with the help of analytics, education, and consulting services.
The need for high efficiency in blood center operations is prognosticated to push the growth of the global blood bank information systems market. Blood bank information systems help with the streamlining of compliance management, online blood ordering, and blood collection. Availability of sophisticated interface solutions allows hospitals and healthcare centers to improve data integration and blood transfusion, testing, and inventory performance.
However, technical difficulties could slightly hamper the growth of the global blood bank information systems market. The report includes more factors that are predicted to delay the global market growth.
Global Blood Bank Information Systems Market: Segmentation Study
The global blood bank information systems market is segmented as per application and type. There are two applications analyzed in the research study, i.e. blood station and hospital. Among the two applications, hospital accounted for a larger share of the global market.
By type, the global market is segmented into blood bank transfusion service module, blood donor management module, and others. According to the report, blood bank transfusion service module secured a significant share of the global market.
Global Blood Bank Information Systems Market: Regional Analysis
The authors of the report have discussed about the market growth of key regions, viz. Central and South America, North America, the MEA, China, Rest of Asia Pacific, and Europe. Among these regions, North America is the largest market for blood bank information systems in terms of sales. Followed by Europe, it took a leading sales share of the global market.
Global Blood Bank Information Systems Market: Competition
The analysts have looked deep into the business, recent developments, market share, strategies, and other factors of prominent players, viz. Psyche Systems, IT Synergistics, Defeng, Jinfeng Yitong, Hemasoft, Blood Bank Computer Systems, Zhongde Gaoye, SCC Soft Computer, CompuGroup, Mediware, Integrated Medical Systems, MAK-SYSTEM, McKesson, Cerner Corporation, Haemonetics, and Roper Industries.