Iron is an essential element for blood production. Around 70% of the body’s iron is found in muscle cells (myoglobin) and in red blood cells, known as haemoglobin. Iron is essential for the production of haemoglobin, which is a part of the red blood cell that carries oxygen in the blood from the lungs to the tissue. An advanced iron profile is a series of tests that are performed to measure the amount of iron in the blood. An iron profile is used to distinguish between iron deficiency (not enough iron in your blood) anaemia and other kinds of anaemia. It is also useful to detect an iron overload, as too much iron can cause damage to organs such the heart, liver and pancreas.