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Disposable Blood Bags Market| Coherent Market Insights

Read here the latest updates on the Disposable Blood Bags Market published by the CMI team.

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Disposable Blood Bags Market| Coherent Market Insights

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  1. Coherent Marketing Insights https://www.coherentmarketinsights.com/ Market Research & Business Consulting Services Covid-19 Impact Tracker

  2. DISPOSABLE BLOOD BAGS MARKET ANALYSIS Disposable Blood Bags Market, By Product Type (Collection Bags (Single Collection Bags, Double Collection Bags, Triple Collection Bags, Quadruple Collection Bags), Transfer Bags), By End User (Blood Banks, Hospitals, Non-Governmental Organization (NGO)), By Channel (Tender Sales, Private Sales), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Disposable Blood Bags are designed for collection, storage, transportation, and transfusion of human blood and blood derived products. Single, double, triple, and quadruple blood collection bags are some of the types of Disposable Blood Bags. The volume of these bags ranges from 350 ml to 500 ml. Apart from blood, Disposable Blood Bags are used to store or transfer blood components such as plasma, platelets, and leucocytes. Statistics: The global Disposable Blood Bags market is estimated to account for US$ 537.2 Mn in terms of value and 459,040 Thousand Units in terms of volume by the end of 2027. Global Disposable Blood Bags Market: Drivers Increasing prevalence of blood-related disorders is expected to propel growth of the global Disposable Blood Bags market over the forecast period. For instance, according to National Cancer Institute, the number of estimated new cases of leukemia in 2019 in the U.S. was 61,780. Moreover, increasing number of trauma and accident cases is also expected to aid in growth of the market. For instance, according to the Ministry of Road Transport and Highways, Government of India, in 2018, the number of road accidents increased by 0.46% compared to 2017.

  4. Global Disposable Blood Bags Market: Restraints Lack of infrastructure facilities for blood collection and storage in emerging economies is expected to hinder growth of the market. Blood collection centres in African countries such as Nigeria, Egypt, and Ethiopia are lagging in terms of blood processing infrastructure. Hence, demand for single blood bags over others in such countries is significantly high. Moreover, low number of voluntary blood donations is also expected to hinder growth of the market. For instance, as reported by Lagos State Blood Transfusion Service in February 2020, the percentage of voluntary blood donors is 10.

  5. Global Disposable Blood Bags Market: Opportunities Use of non-PVC materials in blood collection bags is expected to offer lucrative growth opportunities for players in the market. Non-PVC plastic blood bags, also known as PVC-free bags, have emerged as an alternative for PVC blood bags. Non-PVC bags are made from ethylene vinyl acetate (EVA) and multilayer polyethylene. The commercialization of non-PVC blood bags is expected to provide promising growth opportunity for players in the market. Manufacturers can focus on developing bioplastics to reduce the amount of single-use plastic. Moreover, development of plug-and-play system that uses natural-product based components to develop polymers similar to plastics is also expected to aid in growth of the market.

  6. Market Trends/Key Takeaways Introduction of new blood bags with RFID tracking solutions has increased efficiency, reduced errors, enhanced visibility, and facilitated enhanced security for blood bags during transit. Alien Technology, a UHF Gen-2 RFID solution provider, offers UHF RFID based-hemo-derivative blood bag tracking application, which is used to track the location of blood bags in real time. Automated blood processing equipment offers safer and reliable blood separation in blood centers. Blood collection centers are using cell separators and other automated instruments to enhance donor safety and blood component quality. Currently, blood collection centers are more inclined towards automated portable systems for blood component separation.

  7. Value Chain Analysis -

  8. Segmentation

  9. Global Disposable Blood Bags Market: Competitive Landscape Major players operating in the global Disposable Blood Bags market include, Poly Medicure Limited, Grifols, S.A., Macopharma, Fresenius Kabi India Pvt. Ltd., Terumo Penpol Pvt. Limited, HLL Lifecare Limited, Span Healthcare Private Limited, and Innvol Medical India Limited. Global Disposable Blood Bags Market: Key Developments Major players in the market are focused on expanding their production capacity. For instance, in November 2019, Grifols announced the start of production at its new blood-collection systems plant in Campo Largo, Brazil with a capacity of more than 10 million blood collection bags annually. Players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in January 2019, Macopharma partnered with South Texas Blood & Tissue Center and Calimex to implement a paperless process from electronic donor registration through blood donation.

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  11. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. What We Provide:Customized Market Research AnalysisIndustry Analysis ServicesBusiness Consulting ServicesLong Term Engagement ModelCountry Specific Analysis

  12. Contact Us Mr. Shah Coherent Market Insights Pvt. LTD.Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S.Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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