UAE Blood Bags Market to Grow with Impressive CAGR until 2027
UAE Blood Bags Market is
anticipated to grow with increasing investments in the healthcare advancements,
in the forecast period, 2023-2027F.
According to TechSci Research report on, “UAE
Blood
Bags Market - By Region, Competition
Forecast & Opportunities, 2027”,
the UAE blood bags market might register an impressive CAGR during the forecast
period, 2023-2027, to establish growth due to factors like developing
healthcare services in the country through technological advancements.
Rapidly
increasing instances of blood transfusion in the patient suffering from
diseases like thrombocytopenia, anemia, thalassemia, leukemia, etc. are
anticipated to drive the growth of the UAE blood bags market in the upcoming
five years. Also, high numbers of road accidents in the country requires blood
bags during treatment that supports the market growth.
Rapidly
growing demand for the surgical removal of cancer, open heart surgeries for
heart attack, strokes, etc. also support the UAE blood bags market growth in
the next five years. Rising investment in the healthcare infrastructure, and
healthcare logistics aid the facilitation of the demand and supply of the blood
within country, thus aiding the growth of the UAE blood bags market in the
future five years.
Moreover,
rising number of hospitals, blood banks play vital role in market growth. Increasing
awareness among the population about blood donation and requirement of blood
bags for the collection, storage, and transportation of blood is further
substantiating the growth of the UAE blood bags market in the forecast years,
until 2027F.
Growing
investment in the advancement of the blood bags and increasing the product
manufacturing, along with growth technological advancement in the material of
the blood bags would aid the growth of the UAE blood bags market in the
forecast period.
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The UAE blood bags market is segmented by product
type, type, volume, material, end user, competitional landscape, and regional
distribution.
Based on product type, the market is further
segmented into single blood bag, double blood bag, triple blood bag, quadruple
blood bag, penta blood bag. Triple blood bags are anticipated to hold the
largest revenue shares of the market and dominate the market segment in the
upcoming five years on the grounds of increasing number of blood transfusion procedure and their convenience
for the procedure.
With higher incidences of other blood related disorders and their
utilization in plasma collection is anticipated to further support the growth
of the UAE blood bags market in the next five years.
By type, the market is differentiated between
collection bag and transfer bag. Collection bags are expected to generate
fastest growing CAGR in the upcoming five years due to increased blood donations. Increasing
awareness about the blood donation, running campaigns and benefits of blood
donation would further substantiate the growth of the market.
Transfer bags may dominate the market segment in the upcoming five
years on account of increasing demands from the surgeries conducted for various
purposes. Increasing instances of chronic diseases, increasing surgical
approaches for the same, and patient’s inclination toward surgical procedures
to attain complete treatment from the diseases also aid the growth of the
segment along with the market.
Based on volume, the market is fragmented into
100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, and 500ml. By material, the
market is bifurcated into PVC, PET, and others. Based on end user, the market
is sub-segmented into hospitals, clinics, ambulatory surgical center, blood
banks, and others.
A partial list of major market players of the UAE blood
bags market includes:
·
Terumo Middle East FZE
·
Fresenius Medical Care Middle East FZ LLC
·
Cytomed
·
Teleflex UAE
·
MacoPharma UAE
·
Grifols International S.A. Dubai R.O.
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“Hospitals might generate
the largest shares of the demand for the blood bags due to rapidly increasing surgical
and treatment procedures being carried out in the hospitals. Moreover, with the
increasing instances of blood related disorders, and increasing demand for the
blood transfusions as the therapeutic approach for various genetic diseases
prevailing the country, the market would experience growth in the upcoming five
years. Increasing patient burden over hospitals would direct the patients
suffering from the blood disorders, to conduct their regular blood transfusion
procedures in the clinics. Thus, aiding growth of the clinics in the country
too. Increasing demands of convenient blood transfusion procedures for the
children and adult population is further supporting the growth of the UAE blood
bags market. New market players may focus on the innovations of the materials
of the bags,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“UAE 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 Region, Competition Forecast &
Opportunities, 2027” has
evaluated the future growth potential of UAE blood bags market and provides
statistics & information on market size, 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 UAE blood bags market.
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