Disposable Blood Bags Market - Size, Share, Trends, and Forecast to 2026

Disposable Blood Bags Market - Size, Share, Trends, and Forecast to 2026

Disposable blood bags are used for collection, storage, transportation, and transfusion of human blood and blood components. These bags are manufactured from bio-compatible PVC, compounded with suitable additives, which is not reactive to blood components. Disposable blood bags replace the use of glass bottles as glass bottles require thorough cleaning, rinsing, and autoclaving procedures as well as there are chances of its breakage at any stage. Furthermore, the use of disposable bags eliminates the possibility of any contamination.
Market Dynamics
Demand for disposable blood bags are witnessing significant growth owing to rising prevalence of blood related disorders and increasing number of road accidents that require blood transfusion. Blood transfusion is commonly used for supportive care in transplant surgery, cardiovascular surgery, massive trauma, and haematological therapy. According to New York Blood Center (NYBC) 2018 data, car accident and trauma victims may need over 50 red cell transfusions during entire treatment process.
Moreover, growing aging population, rising government initiatives, and increasing awareness for blood donation are major factors driving growth of the disposable blood bags market. For instance, according to the WHO report of 2016, approximately 112.5 million units of donated blood are collected annually worldwide. All these factors are expected to give significant thrust to the size of the global disposable blood bags market.
However, huge shortfall in blood supplies in low-income countries due to lack of a robust infrastructure for blood collection, distribution, and storage is hampering growth of the disposable blood bags market. In emerging economies, blood is primarily used to treat pregnancy complications and childhood anaemia. According to Safe Blood for Africa, nearly 15% of child mortality in Africa occur due to an inadequate or unsafe supply of blood for transfusion.
Key features of the study:

This report provides in-depth analysis of the disposable blood bags market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global disposable blood bags market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include AdvacarePharma, Fresenius Kabi, Grifols, HLL Lifecare, Haemonetics Corporation, Macopharma, Neomedic, Poly Medicure, SURU International, Span Healthcare, and TERUMO PENPOL
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global disposable blood bags market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for disposable blood bags market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

Global Disposable Blood Bags Market, By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

Global Disposable Blood Bags Market, By End User:

Hospitals
Blood Banks
Others

Global Disposable Blood Bags Market, By Region:

North America

By Country:

U.S.
Canada

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Europe

By Country:

U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Asia Pacific

By Country:

Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Latin America

By Country:

Brazil
Mexico
Argentina
Rest of Latin America

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Middle East

By Country:

GCC
Israel
Rest of Middle East

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Africa

By Country:

South Africa
Central Africa
North Africa

By Blood Bag Type:

Collection Bags

Single Collection Bags
Double Collection Bags
Triple Collection Bags
Quadruple Collection Bags

Transfer Bags

By End User:

Hospitals
Blood Banks
Others

Company Profiles

AdvacarePharma*

Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies

Fresenius Kabi
Grifols
HLL Lifecare
Haemonetics Corporation
Macopharma
Neomedic
Poly Medicure
SURU International
Span Healthcare
Terumo Penpol

“*” marked represents similar segmentation in other categories in the respective section.