Global Disposable Blood Bags Market by Type (Collection Bags, Transfer Bags), By Application (Blood Banks, Hospitals, Non-governmental Organizations (NGOs)) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Disposable Blood Bags Market size is projected to grow at a CAGR of 4.7% during the forecast period, owing to the increasing demand for advanced medical products and technological advancements in healthcare facilities. The growth can be attributed to factors such as increased number of cases of diseases that require blood transfusion, rise in awareness about transfusion medicine among patients and their families, increase in prevalence rates of chronic illnesses across the world.
Disposable Blood Bags are a type of medical device used to collect and store human or animal blood for transfusion or other healthcare purposes. Disposable collection bags are usually made out of plastic material, whereas disposable transfer bags use materials like glass, paper, or aluminum foil. The global market demand for disposable blood bags has been rising over the last few years due to increased awareness about safety risks associated with reusable items such as needle sticks from reused needles. As more countries join in on initiatives to reduce reuse and increase safety by switching their practices towards disposables instead of reusable, the need is also increasing globally.
On the basis of Type, the market is segmented into two Collection Bags and Transfer Bags. The share of the collection bag type in 2019 was around 53%, with a cumulative revenue as high as USD 12 billion. On the other hand, transfer bags accounted for nearly 47% of the total volume of demand during this year, accounting for roughly USD 11 billion by value.
Collection Bags:
Collection bags are high-quality, sterile disposable blood collection bags that are designed for the safe and easy collection of whole blood during medical procedures. They are lightweight and transparent with a white top to enable accurate labeling.
Collection bags are available in a range of sizes with capacities typically ranging from 450 to 1500 ml. These blood collection bags can be stored at room temperature for up to 24 hours before use and they should not exceed 72° F (22° C) or 30 minutes after opening the package. The sterile, individually wrapped disposable units come sealed in an airtight pouch that is supplied by medical professionals such as doctors, nurses, dentists, and lab technicians when needed.
Transfer Bags:
Transfer bags are mainly used to store and transfer blood or other types of fluids between sources. This bag is made out of flexible PVC plastic which helps reduce leakage during transportation while maintaining fluid content within its confines. It has a tapered design with two white stripes running down the length of each side as per international standards for medical equipment (ISO 11137). Transfer Bags can also be offered in blue, green, yellow, or brown variant colors based on local market requirements. The most common type of Transfer Bag is red in color with two white stripes running down the length of each side as per international standards for medical equipment (ISO 11137). Other variants include blue-colored, green-colored, yellow-colored, and brown-colored transfers packets
On the basis of Application, the market is segmented, the global Disposable Blood Bags market is segmented into Blood Banks, Hospitals, and Non-governmental Organizations (NGOs). The blood banks are mainly distributed in North America. The hospitals contribute a major share to its share owing to their expanding network of branches across the world along with the high prevalence of communicable diseases. Hospitals account for more than 29% of revenues globally in terms of spending on disposable blood bags. Other major applications include NGOs (25%), Blood Banks (20%), and Medical Devices Manufacturers (15%). A majority portion comes from the Asia Pacific region which has been home to over 30 countries in recent times including China and India.
An NGO plays an important role in providing assistance during natural disasters, epidemics such as Ebola that were prevalent from 2014-2016, and civil wars like the Syria conflict which has created havoc since 2011. This factor also led NGOs to rely heavily on disposable products for safety purposes while trying to provide support for these victims or refugees of war zones. One prominent example is Red Cross who provides relief packages with essential items including supplies, clothing, and other products.
On the basis of Region, the market is segmented into North America (U.S., Canada), Europe (Germany, France, UK), Asia Pacific, and Middle East & Africa regions. The Asia Pacific market is expected to dominate the global market during the forecast period, thanks to high disposable income and a large population base. The North American region is anticipated to be one of the fastest-growing regions in this industry over the next eight years. The growth is due primarily to increasing research across various clinical studies, which are being conducted by organizations like the U.S. National Institutes of Health (NIH).
Up Market Research published a new report titled “Disposable Blood Bags Market research report which is segmented by Types (Collection Bags, Transfer Bags), By Applications (Blood Banks, Hospitals, Non-governmental Organizations (NGOs)), By Players/Companies Poly Medicure, Grifols, Macopharma Bharat Transfusion Solution, Fresenius Kabi, TERUMO PENPOL, HLL Lifecare, Span Healthcare”.
Report Scope
Report Attributes | Report Details |
Report Title | Disposable Blood Bags Market Research Report |
By Type | Collection Bags, Transfer Bags |
By Application | Blood Banks, Hospitals, Non-governmental Organizations (NGOs) |
By Companies | Poly Medicure, Grifols, Macopharma Bharat Transfusion Solution, Fresenius Kabi, TERUMO PENPOL, HLL Lifecare, Span Healthcare |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Disposable Blood Bags Market Report Segments:
The market is segmented by Type Collection Bags, Transfer Bags and By Application Blood Banks, Hospitals, Non-governmental Organizations (NGOs).
Some of the companies that are profiled in this report are:
- Poly Medicure
- Grifols
- Macopharma Bharat Transfusion Solution
- Fresenius Kabi
- TERUMO PENPOL
- HLL Lifecare
- Span Healthcare
Disposable Blood Bags Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Disposable Blood Bags Market
Overview of the regional outlook of the Disposable Blood Bags Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Disposable Blood Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Disposable Blood Bags Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Collection Bags
2. Transfer Bags
7. By Application:1. Blood Banks
2. Hospitals
3. Non-governmental Organizations (NGOs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disposable Blood Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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Reasons to Purchase the Disposable Blood Bags Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Disposable Blood Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Disposable Blood Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disposable Blood Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Disposable Blood Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Disposable Blood Bags Market Size & Forecast, 2018-2028
4.5.1 Disposable Blood Bags Market Size and Y-o-Y Growth
4.5.2 Disposable Blood Bags Market Absolute $ Opportunity
Chapter 5 Global Disposable Blood Bags Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Disposable Blood Bags Market Size Forecast by Type
5.2.1 Collection Bags
5.2.2 Transfer Bags
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Disposable Blood Bags Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Disposable Blood Bags Market Size Forecast by Applications
6.2.1 Blood Banks
6.2.2 Hospitals
6.2.3 Non-governmental Organizations (NGOs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Disposable Blood Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Disposable Blood Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Disposable Blood Bags Analysis and Forecast
9.1 Introduction
9.2 North America Disposable Blood Bags Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Disposable Blood Bags Market Size Forecast by Type
9.6.1 Collection Bags
9.6.2 Transfer Bags
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Disposable Blood Bags Market Size Forecast by Applications
9.10.1 Blood Banks
9.10.2 Hospitals
9.10.3 Non-governmental Organizations (NGOs)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Disposable Blood Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Disposable Blood Bags Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Disposable Blood Bags Market Size Forecast by Type
10.6.1 Collection Bags
10.6.2 Transfer Bags
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Disposable Blood Bags Market Size Forecast by Applications
10.10.1 Blood Banks
10.10.2 Hospitals
10.10.3 Non-governmental Organizations (NGOs)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Disposable Blood Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Disposable Blood Bags Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Disposable Blood Bags Market Size Forecast by Type
11.6.1 Collection Bags
11.6.2 Transfer Bags
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Disposable Blood Bags Market Size Forecast by Applications
11.10.1 Blood Banks
11.10.2 Hospitals
11.10.3 Non-governmental Organizations (NGOs)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Disposable Blood Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Disposable Blood Bags Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Disposable Blood Bags Market Size Forecast by Type
12.6.1 Collection Bags
12.6.2 Transfer Bags
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Disposable Blood Bags Market Size Forecast by Applications
12.10.1 Blood Banks
12.10.2 Hospitals
12.10.3 Non-governmental Organizations (NGOs)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Disposable Blood Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Disposable Blood Bags Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Disposable Blood Bags Market Size Forecast by Type
13.6.1 Collection Bags
13.6.2 Transfer Bags
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Disposable Blood Bags Market Size Forecast by Applications
13.10.1 Blood Banks
13.10.2 Hospitals
13.10.3 Non-governmental Organizations (NGOs)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Disposable Blood Bags Market: Competitive Dashboard
14.2 Global Disposable Blood Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Poly Medicure
14.3.2 Grifols
14.3.3 Macopharma Bharat Transfusion Solution
14.3.4 Fresenius Kabi
14.3.5 TERUMO PENPOL
14.3.6 HLL Lifecare
14.3.7 Span Healthcare