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

[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
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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