Global Disposable Plastic Blood Bags Market is estimated to reach $646 million by 2024, growing at a CAGR of 9.2% from 2016 to 2024. Disposable plastic blood bags are a term primarily accompanying with disposable bio-medical devices usage for the storage, collection, transfusion and transportation of blood and blood components. They are commonly made up from polyvinyl chloride (PVC) and different plastic materials and are bifurcated into different types based on the need of collection for red blood cells. They also stabilize the membrane consenting the extension of storing capacity up to 49 days. Accessibility of disposable blood bags is rising due to increase in demand for sterile procedures of transfusion and transportation of blood and its components. They are anticoagulant, sustains a reasonable amount of pH, provides a high degree of oxygen delivery rate and red cell survival rate.
Global Disposable Plastic Blood Bags Market Size and Forecast, 2015 - 2024 (US$ Million)
Growing geriatric population, increasing number of lifestyle diseases and chronic diseases, initiative taken by the government organization for progressive feature of these kind of blood bags are the major factors driving the growth of the market. Moreover, awareness about blood donations is also boosting the growth of disposable plastic blood bags market. However, risks interrelated with transfusion of blood, and poor infrastructure of blood storage, across the globe may hinder the growth of the market. Furthermore, increasing necessity for blood and blood-derived products and growing tender-based acquiring practices of blood assemblage bags by government blood banks and hospital would provide attractive business opportunities for the market in the coming years.
The global disposable plastic blood bags market is bifurcated into type, end-user, and geography. By type, the market is bifurcated into single blood bag, double blood bag, triple blood bag, and quadruple blood bag. Furthermore, end-user is categorized into hospitals, blood banks, home healthcare, and others.
Global Disposable Plastic Blood Bags market share by region, 2024 (value%)
By geography the global disposable plastic blood bags market has been categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers Germany, U.K., France, Italy, and others. Asia-Pacific covers India, Japan, China, and others. Rest of the World (RoW) covers South America, Middle East, and Africa.
Major market players in the global disposable plastic blood bags market include Grifols, S.A., Fresenius SE & Co, MacoPharma SA, Kawasumi Laboratories, Inc., Neomedic Limited, Sichuan Nigale Biomedical Inc., Shanghai Transfusion Technology Co., Ltd., SURU International Pvt. Ltd., Haemonetics, S.A., and Terumo Corporation, among others.
The key takeaways from the report
- The report will provide detailed analysis of Disposable Plastic Blood Bags Market with respect to major segments such as type, end-user, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Disposable Plastic Blood Bags Market has been included in the report
- Profile of the key players of the Disposable Plastic Blood Bags Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Global Disposable Plastic Blood Bags Market
- Single Blood Bag
- Double Blood Bag
- Triple Blood Bag
- Quadruple Blood Bag
- Blood Banks
- Home Healthcare
- North America
- South America
- Middle East