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Blood Banks & Business

There is a global increase in the demand of blood samples by all the medical systems. According to the latest business reports, blood bank markets have reached around 12 billion US Dollars and it shall double the profit by 2022. Experts also believe that the demand for blood samples will increase by 11% in the coming years. According to the experts, this growing demand in the blood samples by health care centers is due to increasing application of stem cell therapy in disease treatment and rising prevalence of life threatening genetic disorders.

This market has also increased due to an increase in the global capacity of advanced healthcare facilities that include control and prevention. The number of educated and aware parents is growing, due to which, parents are demanding CBB services to ensure that the future of their child is safe. All the private healthcare systems in the world are raising awareness about the availability of the CBB services and their benefits through marketing tactics. Developed countries and also improving their healthcare systems by promoting the idea of ethnically diverse blood banking services.

This has made pure blood samples as one of the most lucrative products and their supply as one of the most lucrative businesses. Market experts have made blood banks work with high cost of collection, processing and storage, along with the maximum awareness created by marketing activities to share the larger share of private banks in the world. In Pakistan, there are local blood banks, which are operating in big cities of the country.

Afreen is a young writer and visionary towards life predominantly. I believe that writing is similar to life; it inspires surprises and creates. Being a Literature Masters, I am passionate about viewing the world with literary spectacle. Solely in love with this beautiful part of Universe called Pakistan, I am creating words and ideas for CharchaGuru.

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Blood Banks & Business

There is a global increase in the demand of blood samples by all the medical systems. According to the latest business reports, blood bank markets have reached around 12 billion US Dollars and it shal...