Blood is a vital fluid connective tissue in the body. It delivers oxygen and nutrients to the organs and tissues while removing waste products. Study of blood is called HAEMATOLOGY. Blood makes up about 7% of the total body weight of an adult, with an average volume of about 5 liters in males and 4.5 liters in females. Blood is constantly replenished through a process called Haematopoiesis, which occurs in the bone marrow.