Blood Industry Shrinks

[bohemian]

Interesting article from NYTimes

http://www.nytimes.com/2014/08/23/business/blood-industry-hurt-by-surplus.html?hp&action=click&pgtype=Homepage&version=LargeMediaHeadlineSum&module=photo-spot-region&region=photo-spot&WT.nav=photo-spot&_r=2

Changes in medicine have eliminated the need for millions of blood transfusions, which is good news for patients getting procedures like coronary bypasses and other procedures that once required a lot of blood.

But the trend is wreaking havoc in the blood bank business, forcing a wave of mergers and job cutbacks unlike anything the industry, which became large scale after World War II, has ever seen.

[chuck83]

Now that I think about it... I barely if at all hear of the demand anymore from the RedCross or on TV commercials. I don't even see the "Give Blood" trucks at various events anymore either. The medical places around where I work used to have like 2-3 blood drives on the street a month. I can't even remember the last time they've done one now.

[Miss Bea]

It should shrink into nonexistence!

[crazylee]

Quote: It should shrink into nonexistence!

 

It will soon, Bea, it will.

 

Here in West Michigan the blood drives still go on. Even news stories about something about blood.

 

I'm waiting for this reduction to happen here.