Animal Blood Banking Industry to Triple to USD 3.5 Bn by 2031 as...

Animal Blood Banking Industry to Triple to USD 3.5 Bn by 2031 as Transfusion Medicine Advances

Posted 2025-04-17 11:17:12

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[Hyderabad, April 17th, 2025]– According to ClearView Market Insights, the animal blood banking sector is experiencing unprecedented growth, driven by sophisticated surgical needs and breakthrough preservation technologies.

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Market Expansion Highlights

2023 Valuation: USD 1.2 billion
2031 Projection: USD 3.5 billion
Key Growth Segments:

Canine universal blood products (40% CAGR)
Feline Emergency Blood (USD 800M Opportunity)

Technology Innovations

ABBI's CryoPreserved Canine RBCs

2-year shelf life vs. 35-day standard
Military-grade trauma readiness

Hemopet's Greyhound Donor Program

99.9% DEA 1.1-negative universal donors
Ethical retirement for racing dogs

VetStem's Plasma+Stem Cell Therapy

60% faster orthopedic recovery
FDA-cleared for tendon injuries

Clinical Impact

Mortality Reduction: Early transfusions cut IMHA deaths by 70%
Cost Efficiency: Universal plasma reduces testing costs by USD 300/transfusion

Expert Commentary

"Blood banking is evolving from emergency backup to strategic surgical planning - we now stock type-matched units for scheduled procedures."
– Dr. Sarah Reynolds, ACVECC

Future Outlook

2025: Synthetic hemoglobin enters clinical trials
2027: 50% of general practices maintain blood products
2030: Gene-edited universal donor animals

For more insights, visit https://clearviewmarketinsights.com/report-store

About Clearview Market Insights:

Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

Media contact:

Bhavani K

Marketing and Sales Head

ClearView Market Insights

Mail: sales@clearviewmarketinsights.com

Phone: +1 917-993-7369

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