Report Description

Global blood bags market is forecast to grow at a CAGR of over 9% during 2023-2027 owing to rising incidences of blood-related disorders and increasing number of road accidents that require immediate blood transfusion. Additionally, government initiatives to boost healthcare sector, rising number of hospitals, blood banks and other healthcare centers are driving the growth of blood bags market across the globe. Growing awareness over blood donation among citizens is also propelling the demand for blood bags around the globe.

Blood bags are used for the storage, collection, transfusion, and transportation of blood along with the blood components such as RBC, WBC, and blood platelets. Additionally, they also prevent the blood from coagulation and contamination.  However, the hazardous waste created by the excessive usage of blood bags might prove to be a restraining factor for the growth of blood bags market in the coming years. Moreover, stringent regulation by the governments for healthcare practices and services is anticipated to impede the market growth.

Increase in Demand for Blood Transfusion

An increase in the number of patients with sickle cell anaemia, chronic diseases and blood cancers is boosting demand for blood transfusions. The patients suffering from sickle cell anaemia require to go through blood transfusion throughout their lives. As per WHO, in low-income countries, about 50% of the transfusions are done among the children that fall under the age group of 5 years, whereas, in high-income countries, a maximum amount of transfusion is done for the patients falling in the age group of 65 years or above. Furthermore, with the increase in the number of accidents, massive blood transfusions are also required if the patient has suffered major blood loss or any kind of shock. Increase in blood transfusions will require more donations, which will further require more blood bags for collection and storage of the blood.

Growing Number of Blood Banks and Hospitals

Over the years, there has been an increase in the number of blood banks and hospitals, which has further increased the number of transfusions. More and more blood banks and hospitals have been established to aid people suffering from various chronic diseases, which is facilitating rising number of transfusions in these healthcare centers.



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Market Segmentation

The global blood bags market is segmented based on product, type, volume, material, end-user, and region. Based on product, the market is segmented into single blood bag, double blood bag, triple blood bag, quadruple blood bag and penta blood bag. Among them, the Triple blood bags segment is expected to continue its dominance due to increase in the number of blood transfusion procedures, higher incidences of various blood related disorders and their use in plasma collection. 

Among all the regions, Asia-Pacific is expected to dominate the blood bags market in the coming years because of the increase in demand towards the sterility aspects, storage, transfusion and transportation of blood and its components. The region is also undergoing rapid developments, especially in healthcare sector and construction of hospitals & health clinics is also surging, which is anticipated to positively impact the market through 2027. COVID-19 outbreak is having an adverse impact on the blood bag market as a rising number of people are becoming increasingly concerned about donating blood due to transmission of the virus.

Major players operating in the global blood bags market include Terumo Corporation, Maco Pharma International GmbH, Fresenius SE & Co KGaA, Grifols S.A., Neomedic Limited, Teleflex Incorporated, Qingdao Sinoland International Trade Co., HLL Lifecare Limited, JMS Co.Ltd., Demophorius Healthcare Ltd, Kawasumi Laboratories, Inc., Poly Medicure Ltd., AdvaCare Pharma, Troge Medical GmbH, Haemonetics Corporation and others. The companies are focusing on bringing innovative and environment friendly products to hold their dominance in the blood bags market across the globe. 

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

 

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

 

Segments covered

·         Product

·         Type

·         Volume

·         Material

·         End User 

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Germany, France, United Kingdom, Spain, Italy, Russia, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia

Key companies profiled

Terumo Corporation, Maco Pharma International GmbH, Fresenius SE & Co KGaA, Grifols S.A., Neomedic Limited, Teleflex Incorporated, Qingdao Sinoland International Trade Co., HLL Lifecare Limited, JMS Co.Ltd., Demophorius Healthcare Ltd, Kawasumi Laboratories, Inc., Poly Medicure Ltd., AdvaCare Pharma, Troge Medical GmbH, Haemonetics Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global blood bags market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Blood Bags Market, By Product:
    • Single Blood Bag
    • Double Blood Bag
    • Triple Blood Bag
    • Quadruple Blood Bag
    • Penta Blood Bag
  • Blood Bags Market Market, By Type:
    • Collection Bag
    • Transfer Bag
  • Blood Bags Market Market, By Volume:
    • 100ml
    • 150ml
    • 250ml
    • 300ml
    • 350ml
    • 400ml
    • 450ml
    • 500ml
  • Blood Bags Market Market, By Material:
    • PV
    • PET
    • Others
  • Blood Bags Market Market, By End-User:
    • Hospitals
    • Clinics
    • Ambulatory Surgical Center
    • Blood Banks
    • Others
  • Blood Bags Market Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Singapore
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global blood bags market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Blood Bags Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Blood Bags Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag)

6.2.2.     By Type (Collection Bag, Transfer Bag)

6.2.3.     By Volume (100ml, 150ml, 250ml,300ml,350ml,400ml,450ml,500ml)

6.2.4.     By Material (PVC, PET, Others)

6.2.5.     By End-User (Hospitals, Clinics, Ambulatory Surgical Center, Blood Banks, Others)

6.2.6.     By Company (2019)

6.2.7.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Blood Bags Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Type

7.2.3.     By Volume

7.2.4.     By Material

7.2.5.     By End-User

7.2.6.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Blood Bags Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Product

7.4.1.2.2.             By Type

7.4.1.2.3.             By Volume

7.4.1.2.4.             By Material

7.4.1.2.5.             By End-User

7.4.2.     India Blood Bags Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Product

7.4.2.2.2.             By Type

7.4.2.2.3.             By Volume

7.4.2.2.4.             By Material

7.4.2.2.5.             By End-User

7.4.3.     Japan Blood Bags Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Product

7.4.3.2.2.             By Type

7.4.3.2.3.             By Volume

7.4.3.2.4.             By Material

7.4.3.2.5.             By End-User

7.4.4.     South Korea Blood Bags Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Type

7.4.4.2.2.             By Product

7.4.4.2.3.             By Type

7.4.4.2.4.             By Volume

7.4.4.2.5.             By Material

7.4.4.2.6.             By End-User

7.4.5.     Singapore Blood Bags Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Type

7.4.5.2.2.             By Product

7.4.5.2.3.             By Type

7.4.5.2.4.             By Volume

7.4.5.2.5.             By Material

7.4.5.2.6.             By End-User

7.4.6.     Australia Blood Bags Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Product

7.4.6.2.2.             By Type

7.4.6.2.3.             By Volume

7.4.6.2.4.             By Material

7.4.6.2.5.             By End-User

8.    Europe Blood Bags Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Type

8.2.3.     By Volume

8.2.4.     By Material

8.2.5.     By End-User

8.2.6.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Blood Bags Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Product

8.4.1.2.2.             By Type

8.4.1.2.3.             By Volume

8.4.1.2.4.             By Material

8.4.1.2.5.             By End-User

8.4.2.     Germany Blood Bags Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Product

8.4.2.2.2.             By Type

8.4.2.2.3.             By Volume

8.4.2.2.4.             By Material

8.4.2.2.5.             By End-User

8.4.3.     United Kingdom Blood Bags Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Product

8.4.3.2.2.             By Type

8.4.3.2.3.             By Volume

8.4.3.2.4.             By Material

8.4.3.2.5.             By End-User

8.4.4.     Italy Blood Bags Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Product

8.4.4.2.2.             By Type

8.4.4.2.3.             By Volume

8.4.4.2.4.             By Material

8.4.4.2.5.             By End-User

8.4.5.     Spain Blood Bags Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Product

8.4.5.2.2.             By Type

8.4.5.2.3.             By Volume

8.4.5.2.4.             By Material

8.4.5.2.5.             By End-User

8.4.6.     Russia Blood Bags Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Product

8.4.6.2.2.             By Type

8.4.6.2.3.             By Volume

8.4.6.2.4.             By Material

8.4.6.2.5.             By End-User

9.    North America Blood Bags Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Type

9.2.3.     By Volume

9.2.4.     By Material

9.2.5.     By End-User

9.2.6.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Blood Bags Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Product

9.4.1.2.2.             By Type

9.4.1.2.3.             By Volume

9.4.1.2.4.             By Material

9.4.1.2.5.             By End-User

9.4.2.     Mexico Blood Bags Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Product

9.4.2.2.2.             By Type

9.4.2.2.3.             By Volume

9.4.2.2.4.             By Material

9.4.2.2.5.             By End-User

9.4.3.     Canada Blood Bags Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Product

9.4.3.2.2.             By Type

9.4.3.2.3.             By Volume

9.4.3.2.4.             By Material

9.4.3.2.5.             By End-User

10.  South America Blood Bags Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Type

10.2.3.  By Volume

10.2.4.  By Material

10.2.5.  By End-User

10.2.6.  By Country

10.3.              Market Attractiveness Index

10.4.              South America: Country Analysis

10.4.1.  Brazil Blood Bags Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Product

10.4.1.2.2.           By Type

10.4.1.2.3.           By Volume

10.4.1.2.4.           By Material

10.4.1.2.5.           By End-User

10.4.2.  Argentina Blood Bags Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Product

10.4.2.2.2.           By Type

10.4.2.2.3.           By Volume

10.4.2.2.4.           By Material

10.4.2.2.5.           By End-User

10.4.3.  Colombia Blood Bags Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Product

10.4.3.2.2.           By Type

10.4.3.2.3.           By Volume

10.4.3.2.4.           By Material

10.4.3.2.5.           By End-User

11.  Middle East and Africa Blood Bags Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Type

11.2.3.  By Volume

11.2.4.  By Material

11.2.5.  By End-User

11.2.6.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Blood Bags Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Product

11.4.1.2.2.           By Type

11.4.1.2.3.           By Volume

11.4.1.2.4.           By Material

11.4.1.2.5.           By End-User

11.4.2.  Saudi Arabia Blood Bags Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value