Press release
Blood Bags Market Research Study for Forecast Period 2017 - 2027
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The global market for blood bags is expected to grow significantly during the forecast period 2017-2025. The blood bags market is mostly driven by the hospitals and the blood banks. The major factor contributing towards the growth of blood bags market is the rise in the accidents, trauma incidents. The market of blood bags is anticipated to expand at a significant rate in the next few years. The demand of the blood bags is rising, as the increases in demand for the sterilization of the blood and its components. The 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 scientific enhancements and increase in the requirement for blood transfusion, storage, and transportation worldwide would accelerate the market growth. The presence of standard healthcare organizations, government initiatives in assisting the use of blood bags, and continuously improving sterility features would further enhance the market in the near future. The blood bags are used in various applications such as hospitals, blood banks, clinical research, diagnostic centers and others. The increase in the number of the blood banks and diagnostics centers is increasing which increase the demand of the blood bags and hence increase the growth of the blood bags market.
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Globally, the blood bags market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). Among these, the Asia-Pacific and European region are collectivelysupposed todominate the blood bags market in terms of volume and value because of the increase in demand towards the sterility aspects, storage, transfusion and transportation of blood and its components.Among these Asia Pacific and North America are major drivers of the blood bags market and owing to high demand from hospitals, diagnostic centers, clinical research and blood banks.
Some of the key players of the blood bags market are Qingdao Sinoland International Trade Co., Ltd, The Metrix Company Ltd., Genesis BPS, BL Lifesciences, Terumo Corporation S.A, Mitra Industries Pvt. Ltd., Haemonetics Corporation, Suru International Pvt. Ltd., Fresenius SE & Co., and others.
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