
According to a new report published by Allied Market Research, titled, "Blood Market by Product and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global blood market was valued at $33,500 million in 2016, and is projected to reach $45,982 million by 2023, registering a CAGR of 4.6% from 2017 to 2023. The blood therapeutics segment contributed the highest share in 2016, owing to the increase in the demand for various plasma proteins for the recovery of patients.