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Disposable Blood Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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‘Disposable blood bags’ is a term primarily associated with storage, collection, transportation as well as transfusion of blood along with its components viz. RBCs, WBCs, and platelets. These components, in particular, require sophisticated disposable blood bags. Moreover, disposable blood bags have greatly replaced glass bottles for the collection and storage of blood and its components, which would drive the global market for disposable blood bags. Demand for disposable blood bags is rising, due to the increase in demand for sterile processes of transportation and transfusion of blood and its components. The market for disposable blood bags is expected to expand at a significant rate in the next few years. However, lack of unprofessional staff to handle the disposable blood bags can prove to be a restraint for the market, especially in low-to-medium-income countries of the world.

However, growing incidence of blood-related illnesses and rising demand for transfer bags are factors expected to drive the global disposable blood bags market during the forecast period. Moreover, the increasing number of blood transfusion procedures is expected to fuel the demand for disposable blood bags during the forecast period. Furthermore, rising incidence of accidents in developed as well as developing countries is poised to augment the demand for blood transportation and transfusion. This is likely to propel the global disposable blood bags market. Different types of disposable blood bags are available all over the world; for example, CPDA blood bags, CPD/SAGM blood bags, and transfer bags.

The transfer bags segment is projected to witness rapid growth in the near future. This can be primarily attributed to the storage capacity of these bags, which ranges from 150 ml to 1000 ml. This enables the separation of blood components in a more sterile manner and eliminates the requirement for cleaning processes. The disposable blood bags market is anticipated to expand at a high rate in the next few years, owing to increase in the number of accidents/trauma incidents. Moreover, scientific improvements and increase in the requirement for blood transfusion and transportation worldwide would promote the market growth.

The disposable blood bags market can be segmented on the basis of product type, end-user, and geography. Based on product type, the disposable blood bags market can be categorized into CPDA blood bags, CPD/SAGM blood bags, transfer bags, and others. The product type segments can be sub-segmented on the basis of usage into single, double, triple, and quadruple blood bags. Furthermore, based on end-user, the disposable blood bags market can be segmented into surgery and/or operation units, emergency units, intensive care units (ICUs), ambulatory centers, and others. 

Globally, North America was observed to be the leading market for disposable blood bags, due to extensive use of blood tests alongside a large number research and development activities in the region. Additionally, the U.S. and Canada have been successfully utilizing a large number of blood bags. This, in turn, would boost the market for disposable blood bags in North America during the forecast period. Moreover, presence of well-established health care organizations, government initiatives in promoting the use of disposable blood bags, and constantly improving sterility aspects would further propel the market in the region in the near future. Europe is likely to be the second leading market for disposable blood bags in the next few years, owing to enhanced health care processes and growing concerns about health in the region. 

Asia Pacific is estimated to be the rapidly expanding market for disposable blood bags during the forecast period. Major factors that would drive the disposable blood bags market in Asia Pacific include the increasing number of accidents/trauma, and the rising number of blood transportation and transfusion procedures. China and India are emerging economies in the region and hence, they would increasingly contribute toward the growth of the market for disposable blood bags in Asia Pacific. In Latin America, Mexico and Brazil are the countries with significant potential for growth of the market, due to development of medical organizations and rising disposable incomes in the two countries.

Key players operating in the global critical care diagnostics market are Poly Medicure Limited, Grifols, S.A., Macopharma Bharat Transfusion Solution, Fresenius Kabi India Pvt. Ltd., TERUMO PENPOL Pvt. Limited, HLL Lifecare Limited, and Span Healthcare Private Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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