Blood transfusions have evolved significantly since the first animal-to-human transfusion in 1665. Key developments include the discovery of blood groups by Landsteiner in 1901, which helped reduce transfusion reactions. Major risks of transfusion include febrile reactions, allergic reactions, respiratory complications like TRALI, and rare but serious events like hemolytic reactions and disease transmission. Proper screening and typing has made transfusions much safer, but complications remain a risk, especially with massive transfusions required for trauma patients. Researchers continue working on blood substitutes to reduce donor dependence and risks of allogeneic transfusion.