Blood and Organ Banks NAICS 621991

        Blood and Organ Banks

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Purchase Report

Industry Summary

The 2,042 Blood and organ banks in the US collect, store, and distribute blood and blood products, organs, and tissues. Blood banks and organ banks are non-profit organizations. Tissue banks and plasma banks can operate as for-profit entities. Blood and organ banks may have contracts with hospitals, healthcare providers, pharmaceutical companies, or other organizations.

Extremely Perishable Inventory

Blood, organs, and tissue are extremely perishable and require specialized removal processes and storage conditions.

Limited Supply

Supply of blood, organs, and tissue is dependent on the availability of donors, which is well beyond the control of the industry.


Recent Developments

Jul 9, 2025 - Joint Blood Drives Benefit Humans and Pets
  • An increasing number of blood drives aim to increase the number of blood donations by both people and pets. One such drive invited employees of Mars Veterinary Health to visit the Mars Petcare headquarters in Franklin, Tennessee, to donate blood with the American Red Cross of Tennessee and also have their dogs screened as potential blood donors through the BluePearl Pet Blood Bank. Around 950 dogs and cats currently participate in the pet blood bank program. One blood donation from a cat or dog can save the lives up to three other pets, according to Lenore Bacek, vice president of clinical affairs at BluePearl Pet Hospital. BluePearl Pet Blood Bank sends a notification to pet parents of donors whenever their blood is used to help another pet.
  • Legislation introduced in the US Congress is intended to encourage organ donations by shielding donors from the threat of losing health insurance coverage or paying more on health insurance premiums. The Living Donor Protection Act would prohibit life, disability, and long-term care insurance companies from denying or limiting coverage and from charging higher premiums for living organ donors; amend the Family Medical Leave Act to specifically include living organ donation as a serious health condition for private and civil service employees; and direct the US Department of Health and Human Services to update its material on live organ donation to reflect these new protections and to encourage more individuals to consider donating an organ, according to the sponsors of the bill. Organ banks manage the process of matching living donors with suitable recipients.
  • The current state of organ transplantation in the US is inadequate and must be addressed, according to House Energy and Commerce Subcommittee on Oversight and Investigations Chair Morgan Griffith. “There are over 100,000 individuals waiting for an organ transplant and about 17 people die each day waiting for one," Griffith noted. Griffith also cited research which found that there are more than 28,000 viable organs that are not recovered each year. More than 1,100 complaints were filed by patients, families, transplant centers and others regarding the organ transplant system between 2010 and 2020, according to a Senate Finance Committee report cited by Griffith.
  • Blood and organ bank industry employment decreased slightly and average wages for nonsupervisory employees increased slightly during the first five months of 2025, according to the US Bureau of Labor Statistics (BLS). Blood and organ banks increased prices slightly during the first half of 2025, according to the BLS. The National Organ Transplant Act makes the act of buying and selling organs and tissues illegal but operators can charge fees for collecting, shipping, processing, marketing, and implanting them.

Industry Revenue

Blood and Organ Banks


Industry Structure

Industry size & Structure

The average blood or organ bank employs around 245 workers and generates $45.4 million in annual revenue.

    • The blood and organ bank industry consists of 2,042 establishments that employ 88,100 workers and generate $16.3 billion annually.
    • Non-profit organizations account for 52% of establishments and about 71% of revenue. For-profit organizations account for 48% of establishments and about 29% of revenue. Blood banks and organ banks are non-profit organizations. Tissue banks and plasma banks can operate as for-profit entities.
    • The industry is concentrated; the top 50 companies account for over 84% of industry revenue.
    • Large organizations include the American Red Cross, America's Blood Centers, and the Musculoskeletal Transplant Foundation. In the US, 58 non-profit organ procurement organizations (OPO) coordinate the organ donation process.

                                  Industry Forecast

                                  Industry Forecast
                                  Blood and Organ Banks Industry Growth
                                  Source: Vertical IQ and Inforum

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