Global Disposable Plastic Blood Bag Market: Industry Analysis by Type, End-use, and Region, Forecast

Global Disposable Blood Bag Market Size Was Valued at $221.1 Million in 2020, And Is Estimated to Reach $357.2 Million by 2030, Growing at A CAGR of 4.9% From 2021 To 2030. Disposable Blood Bag Is a Bio-Medical Device Used for Collection, Storage, Transportation, And Transfusion of Human Blood Components and Human Blood. The System Consists of Single or Multiple Tubes, And Needle Cover. The Blood Bags Are Made Up of Plastic. These Are Manufactured from Bio-Compatible PVC, Compounded with Suitable Additives. The Bags Are Fabricated by High Frequency Welding Method and Are Sterilized. Growth of The Global Disposable Blood Bag Market Is Majorly Driven by Increase in Blood Transfusion Procedures, Surge In Incidences Of Trauma And Accidents, And Development Of New Disposable Blood Bag Products By Large Number Of Key Players.

The ongoing research and development by prominent manufacturers and universities in the market to develop safe, and advanced blood collection, transportation, as well as storage technologies are expected to create lucrative growth opportunities for the market during the forecast period. For example, recent research by Johns Hopkins University looked into the use of drones to transport blood. It assesses the feasibility of using drones to transport blood. Also, these methods represent an efficient, safe, and quick means of transporting blood products to remote accident or natural disaster areas and other time-sensitive locations. This is likely to help the market for disposable plastic blood bags to grow.

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The market is expanding rapidly as a result of the growing chronic disease prevalence and an aging population. Furthermore, the initiatives of government associations to raise blood donation awareness and use of RFID are propelling the global expansion. Additionally, opportunities are coming out of Asian countries, such as India and China, which are advocating the use of these bags for the collection and storage of blood. Furthermore, the industry is driven by the rising frequency of severe accidents and major injuries around the world, which often lead to hypovolemic shock.

Increasing awareness about blood donations, increase number of road accidents, and rising prevalence of lifestyle diseases are the key factors supporting the growth of the global disposable plastic blood bags market. Government initiatives for increasing progressive features of these bags also boosts the growth of the market. Additionally, growing need for more blood donations and blood-derived products would provide market opportunities. Though, poor blood storage infrastructure and risks associated with blood transfusion could hamper the growth of the market.

Top key players of Global Disposable Plastic Blood Bag Market:
• Fresenius SE＆Co
• Grifols
• MacoPharma
• Haemonetics
• Terumo
• Kawasumi
• Neomedic
• Sichuan Nigale Biomedical
• Shanghai Transfusion Technology
• SURU

Market: By Types
• Single
• Double
• Triple
• Quadruple

Market: By Applications
• Blood Banks
• Hospital
• Healthcare Institutes
• Home Healthcare

Global Disposable Plastic Blood Bag Market: Regional Analysis
The countries covered in the regional analysis of the Global Disposable Plastic Blood Bag market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Disposable Plastic Blood Bag market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Global Disposable Plastic Blood Bag would help in identifying future applications in this market.

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Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Global Disposable Plastic Blood Bag market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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