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Animal Blood Banking Market

Animal Blood Banking Market- Key Segments: Canine Blood Products, Feline Blood Products, Equine/Livestock; By Region: North America, Europe, Asia-Pacific Latin America and Others

Report Code
CVMI1704202501
Published
April 17, 2025
Last Updated
April 17, 2025
Coverage
Healthcare • Animal Healthcare
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Market Snapshot

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Insights

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Market Overview

The global animal blood banking industry was valued at USD 1.2 billion in 2023 and is projected to grow at a CAGR of 14.5% through 2031, reaching USD 3.5 billion. This expansion is driven by:

  • Rising complexity of surgeries (45% increase in transfusion-dependent procedures since 2020)
  • Awareness of canine/feline blood types (80% of emergency clinics now test donors)
  • Screening mandates for zoonotic diseases (FDA's 2024 guidelines on animal blood products)

Key Segments:

  • Canine Blood Products (55% market share)
  • Feline Blood Products (XX%)
  • Equine/Livestock (XX%)

Growth Drivers

1. Trauma & Emergency Care Demand

  • 1 in 5 ER cases now require transfusions (vs. 1 in 10 in 2018)
  • Animal Blood Bank's mobile units serve 300+ hospitals nationwide

2. Specialty Medicine Advancements

  • Canine DEA 1.1-negative universal donors cost $500 per unit.
  • Fatal feline IMHA cases reduced by 60% with early transfusions.

3. Regulatory Standardization

  • AAHA Blood Bank Accreditation launched 2023
  • EU's Veterinary Blood Directive takes effect 2025

4. Novel Preservation Tech

  • Cryopreserved platelets extend shelf life from 5 days to 2 years
  • Lyophilized plasma enables rural emergency use

 

Regional Analysis

Region

Market Share

Key Development

North America

48%

70% of vet schools have donor programs

Europe

XX%

Mandatory leukoreduction since 2023

Asia-Pacific

XX%

Japan's first feline blood network

Latin America

XX%

Brazil's equine plasma export boom

Case Study:

  • BluePearl's National Blood Network reduced cross-match time from 4 hours to 30 minutes.

Competitive Landscape

Top 5 Players:

  1. Animal Blood Bank International (35%) - 40+ canine/feline products
  2. Hemopet (XX%) - DEA 1.1-negative greyhound donors
  3. VetStem (XX%) - Stem cell+blood combo therapies
  4. Midmark (XX%) - In-clinic blood processing systems
  5. VetDC (XX%) - Canine lymphoma plasma trials

Recent Developments:

  • FDA approval for first canine universal plasma (2024)
  • Zoetis' USD 120M acquisition of Hemolife
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  • Animal Blood Bank International
  • Hemopet
  • VetStem 
  • Midmark 
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Table Of Contents

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Animal Blood Banking Market Report

Animal Blood Banking Market Report

  1. 1. Animal Blood Banking Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Animal Blood Banking Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
  2. 2. Animal Blood Banking Market Research Report - Preface
    1. 2.1 Animal Blood Banking Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 Key Segments:
      2. 2.1.2 By Region
    3. 3. Animal Blood Banking Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – Key Segments:, By Country
    3. 3.3. Opportunities – Key Segments:, By Country
    4. 3.4. Trends – Key Segments:, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Animal Blood Banking Market Research Report – DROTs Impact Analysis
      4. Animal Blood Banking Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Animal Blood Banking Market, Key Segments:, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      5.1 Canine Blood Products
    1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      5. 5.2 Feline Blood Products
    5. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    6. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    7. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    8. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      9. 5.3 Equine/Livestock
    9. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    10. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    11. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    12. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Animal Blood Banking Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
      6.1 North America
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      6.2 Europe
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      6.3 Asia-Pacific
      1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      6.4 Latin America
      1. 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      6.5 Middle East and Africa
      1. 6.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      6.6 Animal Blood Banking Market - Opportunity Analysis Index, Key Segments:, and Region, 2024 - 2031
    7. North America Animal Blood Banking Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      7.1 Key Segments: Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 7.1.1 Canine Blood Products
      2. 7.1.2 Feline Blood Products
      3. 7.1.3 Equine/Livestock
      7.2 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 7.2.1 United States
      2. 7.2.2 Canada
    1. 7.3 North America Animal Blood Banking Market – Opportunity Analysis Index, Key Segments:, and Country, 2024 - 2031
    2. 7.4 Regional Trends Analysis
      3. 7.5 North America Animal Blood Banking Market Research Report - Company Profiles
      1. 7.5.1 Company 1 (United States)
      2. 7.5.2 Company 2 (Canada)
      3. 7.5.3 Company 3 (Canada)
    8. Europe Animal Blood Banking Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      8.1 Key Segments: Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.1.1 Canine Blood Products
      2. 8.1.2 Feline Blood Products
      3. 8.1.3 Equine/Livestock
      8.2 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.2.1 Germany
      2. 8.2.2 United Kingdom
      3. 8.2.3 France
      4. 8.2.4 Spain
      5. 8.2.5 Italy
      6. 8.2.6 Russia
    1. 8.3 Europe Animal Blood Banking Market – Opportunity Analysis Index, Key Segments:, and Country, 2024 - 2031
    2. 8.4 Regional Trends Analysis
      3. 8.5 Europe Animal Blood Banking Market Research Report - Company Profiles
      1. 8.5.1 Company 1 (Germany)
      2. 8.5.2 Company 2 (United Kingdom)
      3. 8.5.3 Company 3 (United Kingdom)
    9. Asia-Pacific Animal Blood Banking Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      9.1 Key Segments: Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Canine Blood Products
      2. 9.1.2 Feline Blood Products
      3. 9.1.3 Equine/Livestock
      9.2 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 China
      2. 9.2.2 Japan
      3. 9.2.3 India
      4. 9.2.4 South Korea
      5. 9.2.5 Australia & New Zealand
      6. 9.2.6 ASEAN
    1. 9.3 Asia-Pacific Animal Blood Banking Market – Opportunity Analysis Index, Key Segments:, and Country, 2024 - 2031
    2. 9.4 Regional Trends Analysis
      3. 9.5 Asia-Pacific Animal Blood Banking Market Research Report - Company Profiles
      1. 9.5.1 Company 1 (China)
      2. 9.5.2 Company 2 (Japan)
      3. 9.5.3 Company 3 (Japan)
    10. Latin America Animal Blood Banking Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      10.1 Key Segments: Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Canine Blood Products
      2. 10.1.2 Feline Blood Products
      3. 10.1.3 Equine/Livestock
      10.2 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Brazil
      2. 10.2.2 Mexico
      3. 10.2.3 Argentina
      4. 10.2.4 Peru
      5. 10.2.5 Colombia
      6. 10.2.6 Rest of Latin America
    1. 10.3 Latin America Animal Blood Banking Market – Opportunity Analysis Index, Key Segments:, and Country, 2024 - 2031
    2. 10.4 Regional Trends Analysis
      3. 10.5 Latin America Animal Blood Banking Market Research Report - Company Profiles
      1. 10.5.1 Company 1 (Brazil)
      2. 10.5.2 Company 2 (Mexico)
      3. 10.5.3 Company 3 (Mexico)
    11. Middle East and Africa Animal Blood Banking Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      11.1 Key Segments: Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Canine Blood Products
      2. 11.1.2 Feline Blood Products
      3. 11.1.3 Equine/Livestock
      11.2 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Saudi Arabia
      2. 11.2.2 UAE
      3. 11.2.3 South Africa
      4. 11.2.4 Egypt
      5. 11.2.5 Israel
      6. 11.2.6 Rest of Middle East and Africa
    1. 11.3 Middle East and Africa Animal Blood Banking Market – Opportunity Analysis Index, Key Segments:, and Country, 2024 - 2031
    2. 11.4 Regional Trends Analysis
      3. 11.5 Middle East and Africa Animal Blood Banking Market Research Report - Company Profiles
      1. 11.5.1 Company 1 (Saudi Arabia)
      2. 11.5.2 Company 2 (UAE)
      3. 11.5.3 Company 3 (UAE)
    12. Competition Landscape
    1. 12.1 Strategic Dashboard of Top Market Players
      2. 12.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 12.2.1 Animal Blood Resources International
      2. 12.2.2 PetBloodBank UK
      3. 12.2.3 Midwest Animal Blood Services
      4. 12.2.4 Blue Ridge Veterinary Blood Bank
      5. 12.2.5 Hemopet
      6. 12.2.6 Canadian Animal Blood Bank
      7. 12.2.7 Penn Animal Blood Bank
      8. 12.2.8 Veterinary Blood Bank
      9. 12.2.9 The Pet Blood Bank Australia
      10. 12.2.10 Animal Blood Bank USA
      11. 12.2.11 Southern California Veterinary Blood Bank
      12. 12.2.12 Companion Animal Blood Bank
      13. 12.2.13 East Coast Animal Blood Bank
      14. 12.2.14 K9 Blood Donor
      15. 12.2.15 Animal Emergency & Referral Center of Minnesota.
  1. 13. Data Collection Method and Research Approach
  1. 14. Principal Presumptions and Acronyms

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