United States Blood Bags Market to grow at a Significant Rate through 2026
Increasing number of blood banks and
rapid occurrence of road accidents is expected to drive the demand for United
States blood bags market for the forecast period.
According to TechSci Research report, “United
States Blood Bags Market By Product Type (Single Blood Bag, Double Blood
Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag) By Type
(Collection Bag v/s Transfer Bag) By Volume (100ml, 150ml, 250ml, 300ml, 350ml,
400ml, 450ml, 500ml) By Material (PVC, PET, Others) By End User (Hospitals,
Clinics, Ambulatory Surgical Center, Blood Banks, Others) By Company, By
Region, Forecast & Opportunities, 2026”, The United States blood bags
market is expected to witness steady growth for the next five years. Blood bags
are made up of bio-medical products and are specially designed for collection,
storage, transportation and for blood transfusion processes. Blood bags also
prevent the blood from contamination and coagulation. These blood bags are in
high demand from hospitals, blood banks, government, and non-governmental
organizations for collecting blood during the blood donation campaigns. Government
in United States is investing huge amounts for continuous development of
healthcare industry and increase in number of hospitals, clinics and blood
banks is contributing for high demand for blood bags. Favorable reimbursement
policies offered by leading authorities to promote the healthcare industry and
expand the reach to every citizen is a positive factor fostering the demand of
blood bags in United States. The process of blood transfusion requires transportation
of the blood from donor to recipient. The compatibility of the blood should be
checked to avoid any further complications such as dizziness, allergic
reactions, headaches, hemolytic reactions, among others. Therefore, to prevent
any kind of infections caused by bacteria or virus it is necessary to carry the
blood in antiseptic bags.
The COVID-19 outbreak across the world which has
been declared as pandemic by World Health Organization has affected countries
adversely. Leading authorities in United States imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. United States authorities increased
the capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. All non-essential
services got delayed ensuring proper treatment of patients. The pandemic put
halt on blood donation campaigns and investments by government organizations
got delayed which affected the market adversely.
However, huge waste created by use of blood bags
may create hindrance in the blood bags market growth.
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United States blood bags market is segmented into product
type, type, volume, material, end user, regional distribution, and company. Based
on type, market is further bifurcated into collection bag and transfer bag. The
collection bag segment is expected to account for major market share for the
forecast period, 2022-2026. Growth in awareness regarding the donation of blood
and organization of blood donation camps by non-governmental organizations and
government authorities is expected to boost the demand for blood collection
bag. Based on end user, market is majorly categorized into hospitals, clinics,
ambulatory surgical center, blood banks and others. The hospitals segment is
anticipated to dominate the blood bags market for the next five years due to
increase in number of people getting admitted into the hospitals due to
emergency and critical situations. Blood donation camps are organized by
hospital facilities thereby creating the need for blood bags in healthcare
facilities. Based on product type, market is fragmented into single blood bag,
double blood bag, triple blood bag, quadruple blood bag and penta blood bag.
The triple blood bag segments is expected to witness growth for the forecast
period due to increasing incidences of blood related disorders and high number
of blood transfusion procedures being performed.
Terumo BCT Inc., Teleflex Incorporated, Haemonetics
Corporation, AdvaCare Pharma, Fresenius Kabi USA, Inc., B. Braun of America,
Inc., Coloplast Corp., Baxter International Inc., Grifols USA, LLC, Genesis BPS
are the leading players operating in United States blood bags market. Manufacturers
are increasingly focusing on research and development process to fuel higher
growth in the market. To meet evolving customer demand with respect to better
efficiency and durability, several blood bags manufacturers are coming up with
their technologically advanced offerings.
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“Major
market players are offering customized blood bags integrated with tracking
systems to prevent theft or loss of blood from healthcare institutions. The
healthcare sector is well-developed infrastructure coupled with huge
expenditure for healthcare facilities by government authorities for
technological advancement and the continuous need to search for more
environment-friendly material for blood bags along with innovative techniques
to make the blood transfusion, storage and transportation is expected to drive
the United States blood bags market until 2026” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“United States
Blood Bags Market By Product Type (Single Blood Bag, Double Blood Bag, Triple
Blood Bag, Quadruple Blood Bag, Penta Blood Bag) By Type (Collection Bag v/s
Transfer Bag) By Volume (100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml,
500ml) By Material (PVC, PET, Others) By End User (Hospitals, Clinics,
Ambulatory Surgical Center, Blood Banks, Others) By Company, By Region,
Forecast & Opportunities, 2026” has evaluated the
future growth potential of United States blood bags market and provided statistics
& information on market size, shares, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the of United States blood bags market.
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