Disposable Blood Bags Market Trends 2021: Updated Business Statistics and Research Methodology

Precision Business Insights published a research report on “Disposable Blood Bags Market, By Product Type (Collection Bags (Single Collection Bags, Double Collection Bags, Transfer Bags and Quadruple Collection Bags) Transfer Bags), By Channel (Private Sales, Tender Sales,) By End User (Hospitals, Blood Banks, Non-Governmental Organization) By Region - Global/Region/Country Forecast to 2027”.

Human blood and blood-derived products are collected, stored, transported, and transfused using blood bag systems, which are disposable biomedical goods.
Disposable blood bags are collected during blood donation programmes and used in hospitals, blood banks, government programmes, and non-governmental organisations (NGOs). Various government-funded programmes in Asia are focusing on the development of blood separation technologies in order to reduce the importation of blood components from developed countries. Furthermore, government measures are encouraging voluntary blood collection programmes, which is fuelling the region's demand for blood bags. Due to the large number of blood collection programmes, high-income countries are expected to gain traction in terms of blood component collecting bags. Blood collected can be used to make blood components like platelets and plasma, which is projected to drive growth in the disposable blood bag market in the coming years.

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Increasing demand for disposable blood bags is likely to fuel growth of the global disposable blood bags market over the forecast period, owing to increased incidence of blood-related ailments and an increase in the number of traffic accidents requiring blood transfusion. Blood transfusions are commonly utilised in transplant surgery, cardiovascular surgery, catastrophic trauma, and haematological therapy to provide supportive care. According to the New York Blood Center, automobile accident and trauma sufferers require more than 50 red cell transfusions during the course of their therapy in 2018. (NYBC). Furthermore, throughout the forecast period, the global market is likely to be fuelled by a growing ageing population and increased government efforts aimed at better healthcare blood management. Furthermore, rising blood donation awareness is likely to support the target market's growth over the forecast period. According to a 2016 WHO study, roughly 112.5 million units of donated blood were donated.

The disposable blood bags market can be fragmented on the basis of end-user, product type, and geography. In terms of product type, the disposable blood bags market can be classified into CPDA blood bags, transfer bags, CPD/SAGM blood bags, and others. The product type segments can be sub-divided 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 categorized into surgery and/or operation units, emergency units, intensive care units (ICUs), ambulatory centers, and others.

Owing to the widespread usage of blood tests and a high number of research and development activities in the region, North America was identified as the leading market for disposable blood bags globally. In addition, the United States and Canada have successfully used a considerable number of blood bags. As a result, the market for disposable blood bags in North America is expected to grow throughout the forecast period. Furthermore, the existence of well-established health-care institutions, government measures to promote the usage of disposable blood bags, and constantly improving sterility features would boost the market in the near future in the region. Due to improved health care processes and increased health concerns in the region, Europe is expected to be the second largest market for disposable blood bags in the coming years.

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Some of the major key players in the disposable blood bags market are Kawasumi Laboratories Inc. Neomedic Limited Haemonetics Corporation Grifols International S.A JMS Co. Ltd AdvaCare Pharma Fresenius SE & Co. KGaA Macopharma Genesis BPS SURU International Pvt. Ltd Nigale Biomedical Inc. of Sichuan Province Corporation Shanghai Transfusion Technology Co. Ltd

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