621991 - Blood and Organ Banks

The healthcare industry relies heavily on specialized sectors to provide critical services that save and improve lives. One such pivotal sector is covered under NAICS code 621991, which represents Blood and Organ Banks. This industry plays a vital role in collecting, testing, processing, and distributing blood and organ donations for medical use, making it essential for medical treatments such as transfusions and organ transplants.

What is NAICS Code 621991?

NAICS Code 621991 encompasses establishments primarily engaged in the collection, testing, processing, and distribution of blood, organs, and other human biological materials for therapeutic and clinical use. These businesses ensure that blood and organs supplied to hospitals and healthcare providers are safe, viable, and ready for patient administration.

Key Characteristics of NAICS Code 621991

• Focus on medical use of human biological materials
• Strict adherence to safety and regulatory standards
• Vital contribution to healthcare and transplantation industries

Sector: Health Care and Social Assistance

NAICS 621991 falls under the broader Health Care and Social Assistance sector. This sector includes a range of healthcare service providers dedicated to improving patient health outcomes and supporting social welfare.

Typical Business Activities Under NAICS 621991

Organizations classified under this code are involved in important activities such as:

• Collecting blood, plasma, and organs from donors
• Testing and processing donations to ensure safety and quality
• Distributing blood products, organs, and other human biological materials to hospitals and patients
• Storing and preserving biological materials such as sperm, embryos, and placentas

Size Standards for NAICS Code 621991

For government contracting and eligibility purposes, businesses under NAICS 621991 have a size standard of $40 million in average annual receipts. This threshold determines whether a company qualifies as a small business within this industry for various federal programs.

Examples of Businesses Operating Under NAICS Code 621991

• Blood Donation Centers: Facilities that collect and process blood donations for transfusions.
• Organ Procurement Organizations: Nonprofits responsible for organ donation coordination and distribution.
• Tissue Banks: Organizations that collect, process, and store human tissues for medical use.
• Sperm Banks and Embryo Storage Services: Facilities that preserve reproductive materials for future use.

NAICS Code 621991 – Detailed Code Description Table

Code Detail	Description
Blood banks	Establishments collecting and supplying blood
Blood donor stations	Temporary or permanent centers collecting blood
Eye banks	Organizations managing donation and use of corneas
Human egg or ova banks	Facilities preserving eggs for fertility treatments
Human embryo storage services	Services for storing frozen embryos
Organ banks, body	Organizations coordinating organ donations
Organ donor centers, body	Centers facilitating organ donor programs
Placenta banks	Facilities storing placental tissues
Plasma collection services	Services collecting plasma from donors
Plasmapheresis centers	Centers performing plasma exchange procedures
Sperm banks, human	Facilities collecting and preserving sperm

Frequently Asked Questions (FAQ)

What does NAICS code 621991 cover?

NAICS 621991 includes establishments engaged in collecting, testing, processing, and distributing blood and organ donations for medical use.

What sector does this NAICS code belong to?

This code is part of the Health Care and Social Assistance sector.

What are typical business activities under this NAICS code?

Typical activities include blood donation, organ procurement, tissue banking, and reproductive material preservation.

What is the small business size standard for NAICS 621991?

The size standard is $40 million in average annual receipts.

Can a blood donation center qualify for government contracting as a small business under this code?

Yes, if the company’s average annual receipts do not exceed $40 million, it qualifies as a small business under NAICS 621991.

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The blood and organ banks industry represented by NAICS code 621991 is a cornerstone of modern medicine, ensuring the life-saving supply chains of blood and organs are maintained securely and efficiently. If you operate in this space or plan to enter, understanding this NAICS classification can help you tap into relevant business opportunities, especially in government contracting.

For more insights on NAICS codes and industry-specific guidance, keep following our blog!