The global Disposable Blood Bags market was valued at US$ 242.8 million in 2020 and is expected to reach US$ 398.5 million by the end of 2027, growing at a CAGR of 6.9% during 2021-2027.
Blood bag systems are disposable bio-medical products designed for collection, storage, transportation, and transfusion of human blood and blood-derived products. Disposable plastic blood bags are utilized in hospitals, blood banks, government programs, and non-governmental organizations (NGOs) for collecting, storing, processing, and transporting blood collected during blood donation programs. The global disposable plastic blood bags market is segmented on the basis of product type, sales channel, and end user.
Increasing prevalence of blood-related disorders and rising demand for blood collection and transfer bags are expected to drive growth of the global disposable plastic blood bags market during the forecast period (2016–2024). Additionally, increasing demand for blood-derived products and surge in transfusion procedures are expected to fuel demand for disposable plastic blood bags during the forecast period. Factors such as increasing incidence of trauma/accidental injuries and tender-based purchases by governments of developing countries coupled with customized blood bags with tracking systems offered by blood bags manufacturers and easy availability of value-added products for blood collection are expected to boost growth of the global disposable plastic blood bags market. However, factors such as lack of infrastructure facilities for blood collection & storage and low awareness about voluntary blood donation initiatives are expected to hamper growth of the global disposable plastic blood bags market over the forecast period.
Global Disposable Blood Bags Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Disposable Blood Bags Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Poly Medicure, Grifols, Macopharma Bharat Transfusion Solution, Fresenius Kabi, Terumo Penpol, Hll Lifecare, Span Healthcare and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-disposable-blood-bags-market-outlook
Segment by Type
- Collection Bags
- Transfer Bags
Segment by Application
- Blood Banks
- Hospitals
- Non-governmental Organizations (NGOs)
Table of Content:
1 Disposable Blood Bags Market Overview
2 Disposable Blood Bags Market Competition by Manufacturers
3 Disposable Blood Bags Retrospective Market Scenario by Region
4 Global Disposable Blood Bags Historic Market Analysis by Type
5 Global Disposable Blood Bags Historic Market Analysis by Application
6 Key Companies Profiled
7 Disposable Blood Bags Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Disposable Blood Bags Market Dynamics
10 Global Disposable Blood Bags Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.