Global Disposable Blood Bags Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Disposable Blood Bags Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global disposable blood bags market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global disposable blood bags market report has been segmented on the basis of blood bag type, end user, and region.

Introduction  

Disposable blood bags are biomedical devices used to collect, store, transport, and transfusion of blood and its components. Disposable blood bags are manufactured from bio-compatible PVC, compounded with suitable additives, which is not reactive to blood components. Glass blood bottles are replaced with disposable blood bags due to glass bottles needs thorough cleaning, rinsing, and autoclaving procedures as well as there are chances of its breakage at any stage. In addition, disposable plastic blood bags help to separate blood components such as plasma, platelets, and cryoprecipitate, which are used to treat a range of blood disorders.

Market Dynamics

Increasing demand for disposable blood bags, owing to rising incidence of blood related disorders and increasing number of road accidents which required blood transfusion is a key factor expected to drive growth of the global disposable blood bags market over the forecast period. Blood transfusion is majorly used for supportive care in transplant surgery, cardiovascular surgery, massive trauma, and haematological therapy. For instance, in 2018, car accident and trauma victims need more than 50 red cell transfusions during entire treatment according to New York Blood Center (NYBC). In addition, growing aging population and rising government initiatives for improving healthcare blood management are expected to further fuel growth of the global market over the forecast period.  Furthermore, growing awareness for blood donation is expected to boost growth of the target market over the forecast period. For instance, according to the WHO report of 2016, approximately 112.5 Mn units of donated blood are collected annually globally.

However, lack of robust healthcare infrastructure for blood collection, storage, and distribution across various low-income countries is a key factor expected to restrain growth of the global disposable blood bags market over the forecast period.

Increasing research and development activities and increasing demand for better blood collection technology are expected to create potential revenue opportunities for players operating in the global disposable blood bags market over the forecast period.

Analysis by Region

The market in North America is expected dominate the global disposable blood bags market in terms of revenue over the forecast period, owing to well-established medical and healthcare infrastructure which offers timely blood transfusion services across various countries in the region. In addition, the market in Asia Pacific is expected to register significant share in terms of revenue in the target market, owing to increasing demand for blood collection bags and improved healthcare facilities across various developing countries such as India, China, Japan, etc.

Global disposable blood bags market segmentation:

Segmentation by blood bag type:

• Collection Bags
  • Single Collection Bags
  • Double Collection Bags
  • Triple Collection Bags
  • Quadruple Collection Bags
• Transfer Bags

Segmentation by end user:

• Hospitals
• Blood Banks
• Others (NGO’s, home healthcare)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa