Press release
Blood Bags Market Current Scenario and Growth Prospects to 2023-2028
Blood Bags Market Report
Report Highlights
How big is the blood bags market?
The global blood bags market size reached US$ 265.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 443.2 Million by 2028, exhibiting a growth rate (CAGR) of 9.0% during 2023-2028.
What are blood bags?
Blood bags are widely used for collecting, transferring, storing, and transfusing blood and various components, including plasma, cryoprecipitate, and platelets. They are widely made up of bio-compatible PVC materials and are commonly available in the form of Citrate Phosphate Dextrose Adenine (CPDA) blood bags, Saline Adenine Glucose Mannitol (SAGM) blood bags, and transfer bags. Additionally, depending on the transfusion type, blood bags can be classified into single, double, triple, and quadruple blood collection bags.
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What are the growth prospects and trends in the blood-bags industry?
The growing number of fatal accidents, along with rising blood transfusion procedures in the trauma centers, is primarily augmenting the demand for blood bags. Moreover, the increasing prevalence of blood-related disorders, such as hemophilia, anemia, myeloma, leukemia, etc., is also propelling the need for blood transfusion. The escalating demand for blood bags in various invasive surgical procedures in the field of neurology, oncology, cardiology, orthopedics, etc., is further bolstering the demand for blood bags. Besides this, the growing awareness towards blood donation coupled with increasing demand for plasma therapy is also fueling the market growth. In the coming years, the introduction of several blood donation programs by numerous government bodies and non-profit organizations will continue to bolster the market for blood bags on a global level.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
Single Blood Bag
Double Blood Bag
Triple Blood Bag
Quadruple Blood Bag
Penta Blood Bag
Breakup by Application:
Collection Blood Bag
Transfer Blood Bag
Breakup by End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Blood Banks
Others
Breakup by Material:
Poly Vinyl Chloride Blood Bag
Polyethylene Terephthalate Blood Bag
Others
Breakup by Capacity:
100ml Blood Bag
150ml Blood Bag
250ml Blood Bag
300ml Blood Bag
350ml Blood Bag
400ml Blood Bag
450ml Blood Bag
500ml Blood Bag
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
AdvaCare Pharma
BL Life Sciences Pvt. Ltd
Demophorius Healthcare Ltd.
Fresenius SE & Co. KGaA
Grifols S.A.
Haemonetics Corporation
HLL Lifecare Limited
Innvol Medical India Limited
JMS Co. Ltd.
Kawasumi Laboratories Inc.
Maco Pharma International GmbH
Mitra Industries Pvt. Ltd.
Neomedic Limited
Poly Medicure Ltd.
Span Healthcare Private Limited
Suru International Private Ltd.
Teleflex Incorporated
Terumo Corporation
The Metric Company
Troge Medical GmbH
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Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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