Disposable Blood Bags Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Disposable Blood Bags Market, By Product Type (Collection Bags (Single Collection Bags, Double Collection Bags, Transfer Bags and Quadruple Collection Bags) Transfer Bags), By Channel (Private Sales, Tender Sales,) By End User (Hospitals, Blood Banks, Non-Governmental Organization) By Region (Latin America, North America, Middle East & Africa, Europe, Asia Pacific,) – Share, Size, Outlook, and Forecast from 2021 to 2027

 

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Report

Description

The global disposable blood bags market was valued at USD 247.04 million in the year 2020 and is anticipated to grow at USD 595.84 million till 2027 recording a CAGR of 12% during 2020 to 2027. Disposable blood bags are used to collect, store, transfuse and transport human blood as well as its constituents. These blood bags are known as biomedical devices. Disposable blood bags are great alternative for glass bottles. People prefer to opt for disposable blood bags rather than glass bottles as these bottles need a deep cleaning, rinsing and autoclaving processes. Moreover, disposable blood bags have the potent to separate blood components like platelets, cryoprecipitate and plasma, which are used for the treatment many blood disorders. There are many prominent features of disposable blood bags such as they are easy to open, have tamper proof and safe enough for easy transfusion. These blood bags also help to prevent contagion. Such blood bags have anticoagulant solutions such as CPD and CPDA. CPD solution is utilized for storing the blood more than 21 days and CPDA solution is utilized for storing the blood more than 35 days. This market report gives a holistic assessment of the market for the mentioned foretell period. It also covers Disposable Blood Bags Market dynamics including opportunities, challenges, drivers and restraints. It also depicts an outlook about the development of the market for obtaining huge profits from the market. The market is growing due to an increase in blood transfusion operations and an increase in the incidence of injuries and accidents around the world. Furthermore, the rising prevalence of numerous blood-related illnesses is likely to drive market expansion. However, hazards associated with blood transfusions and a lack of blood donations in impoverished areas stymie the disposable blood bag market’s expansion.

Disposable Blood Bags Market

MARKET SUMMARY
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12% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 12%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Disposable Blood Bags Market

  • The report on global Disposable Blood Bags Market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, channel, end user and geography.
  • Disposable Blood Bags Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Kawasumi Laboratories Inc.
  • Neomedic Limited
  • Haemonetics Corporation
  • Grifols International S.A
  • JMS Co. Ltd
Dynamics

Disposable Blood Bags Market

The key factors that lead towards the growth of the disposable blood bags market are growing government initiatives to promote blood collection, blood donation and storage, increasing cases of road accidents, continuously occurring blood related illnesses and growth in figure of blood transfusion processes. Increasing aging population is another market fueling factor. Blood transfusion is used in cardiovascular surgery, haematological therapy, massive trauma and transplant surgery, which in turn boom the market growth. If we take an example, car accident and trauma sufferers needed above than 50 red cell transfusion in the whole treatment process according to NYBC. Increasing awareness for blood donation is anticipated to impel the market growth during the forecast period. Growing research and development activities and growing demand for increasing preference for best blood collection technology are anticipated to create potent revenue opportunities for market players during the forecast period. Lack of robust healthcare infrastructure for collection, storage and distribution of the blood around different low-income countries will restrain the market growth.


North-America got significant share

Disposable Blood Bags Market

North America is anticipated to contribute to the huge share in the disposable blood bags market during the forecast period because of growing number of nursing homes, ambulatory centers, increasing cases of blood disorders, multimillion hospitals and increasing demand for disposable blood bags. On the other hand, Asia pacific also shares huge market share because of the increasing count of blood transportation and transfusion procedures and increasing number of trauma incidents.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • This market study report focuses more on the global analysis of the Disposable Blood Bags Market with recent developments and future evaluations to provide best investment options for the key players.
  • Complete analysis of aspects is discussed in the report which boom and restrict the global fecal occult testing market growth.
  • This market report also outlines the identification of key players, which influence the market growth. It further evaluates factors, which can change the market scenario.
  • Current and upcoming trends are also discussed in the report for the forecasting period 2020-2027 to identify the prevailing opportunities in the market.
  • This research analysis also covers key players along with their profiles. Strategies that key players follow are also analyzed in the report to give the fair idea about competitive outlook of the market.

Disposable Blood Bags Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Kawasumi Laboratories Inc.
  • Neomedic Limited
  • Haemonetics Corporation
  • Grifols International S.A
  • JMS Co. Ltd
  • AdvaCare Pharma
  • Fresenius SE & Co. KGaA
  • Macopharma
  • Genesis BPS
  • SURU International Pvt. Ltd
  • Nigale Biomedical Inc. of Sichuan Province Corporation
  • Shanghai Transfusion Technology Co. Ltd

Description

The global disposable blood bags market was valued at USD 247.04 million in the year 2020 and is anticipated to grow at USD 595.84 million till 2027 recording a CAGR of 12% during 2020 to 2027. Disposable blood bags are used to collect, store, transfuse and transport human blood as well as its constituents. These blood bags are known as biomedical devices. Disposable blood bags are great alternative for glass bottles. People prefer to opt for disposable blood bags rather than glass bottles as these bottles need a deep cleaning, rinsing and autoclaving processes. Moreover, disposable blood bags have the potent to separate blood components like platelets, cryoprecipitate and plasma, which are used for the treatment many blood disorders. There are many prominent features of disposable blood bags such as they are easy to open, have tamper proof and safe enough for easy transfusion. These blood bags also help to prevent contagion. Such blood bags have anticoagulant solutions such as CPD and CPDA. CPD solution is utilized for storing the blood more than 21 days and CPDA solution is utilized for storing the blood more than 35 days. This market report gives a holistic assessment of the market for the mentioned foretell period. It also covers Disposable Blood Bags Market dynamics including opportunities, challenges, drivers and restraints. It also depicts an outlook about the development of the market for obtaining huge profits from the market. The market is growing due to an increase in blood transfusion operations and an increase in the incidence of injuries and accidents around the world. Furthermore, the rising prevalence of numerous blood-related illnesses is likely to drive market expansion. However, hazards associated with blood transfusions and a lack of blood donations in impoverished areas stymie the disposable blood bag market’s expansion.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX