Saudi Arabia Blood Bags
market was valued at USD10.51 million in 2022 and is anticipated to project
robust growth in the forecast period with a CAGR of 5.31% through 2028, owing
to the increase in number of people suffering from blood- related diseases in
the country. The
other factors supporting the growth of the market are rise in the prevalence of
infectious diseases, increase in number of road accidents, rising number of
surgeries, C-sections, organ transplants, and others. Therefore, there is an increase
in demand of blood for treatment of various diseases as well as surgeries are
expected to propel the growth of the Saudi Arabia blood bags market in the
upcoming years.
Growing Prevalence of Blood Related
Diseases
Growing blood related disorders
such as sickle cell anemia, thalassemia, leukemia, and others in the country
are expected to impel the growth of the market. This is because these diseases
require large volume of blood for their treatment. Moreover, these diseases are
highly prevalent in the southern and eastern region of the country. According
to the data reported by Global Cancer Observatory, in 2020, approximately 1676
number of new cases were reported of leukemia in Saudi Arabia. Similarly, there
were around 1698 patients detected with non-hodgkin’s lymphoma, 687 with
Hodgkin lymphoma and 265 with multiple myeloma. The growing number of leukemia
cases in the country is expected to support the growth of the market. The
increasing prevalence of blood related disorders requiring regular transfusion
of blood is further expected to increase the demand for blood bags in Saudi
Arabia in the coming years.
Increasing Number of Road Accidents
Rise in number of road
accidents is increasing the growth of market in the country. These accidents cause
a huge amount of blood loss which requires an adequate volume of blood to be
provided to the patient. Several times surgical operations which are associated
with the treatment also require blood which increases the demand of blood bags.
According to Ministry of Health of Saudi Arabia, 25,561 cases of road
traffic injuries have been reported in 2020 where 21,492 were males and 4,069 were
of females. Saudi Arabia occupies a leading position with high mortality
and morbidity even with all the precautionary measures and programs implemented
by the local or national governmental bodies. Research studies suggested that
recently around 19 deaths occur every day and 4 people are injured every hour
in the country due to the road accidents.
Growing Awareness for Blood
Donation
The increasing awareness
among the population related to blood donation is expected to increase the
demand for blood bags across Saudi Arabia, especially blood collection bags.
Additionally, the government is also taking initiatives to increase blood
donations activity in the country. The Ministry of Health Affairs in Saudi
Arabia has launched an app “Wateen” aorta for blood donation. Wateen is a non-profitable
initiative to increase awareness about the significance of voluntary blood
donations and to ensures sufficient supply of blood across the nation. The app
facilitates the user to find donors lists, blood bank locations, donation
request on social media along with reminding the participant for the due
donation date thereby filling the gap between the donor and the blood bank or
recipient while anticipating rise in the blood bags. This in turn is expected
to create lucrative opportunities for the growth of blood bags market in Saudi
Arabia.
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Market Segmentation
Saudi Arabia Blood Bags market
is segmented based on product type, type, volume, material, end-user, region,
and company. Based on Product Type, the market is further fragmented into Single
Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood
Bag. Also, segmentation of the market on grounds of Type is done into Collection Bag v/s Transfer Bag. Based on Volume, market is
segmented into 100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml. Based on material market is segmented
into PVC, PET, Others.
Further, based on end-user market is segmented into Hospitals & Clinics,
Ambulatory Surgical Center, Blood Banks, Others. Based on Region the market is
divided into North & Central Region, Eastern Region, Western Region,
Southern Region.
Company Profiles
Terumo Middle East, Fresenius Kabi, Madac International for Medical Products
Factory, RENOLIT, Abdulla Fouad Group, Kiefel Technologies, AdvaCare Pharma,
Jamjoom Group are some of the leading companies in the Saudi Arabia blood bags market.
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Attribute
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Details
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Market size value in 2021
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USD10.51 Million
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Revenue Forecast in 2027
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USD14.20 Million
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Growth Rate
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5.31%
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Base Year
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2022
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Historical Years
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2018 –
2022
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Estimated
Year
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2023
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Forecast
Period
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2024 – 2028
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Quantitative
Units
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Revenue in
USD Million, Volume in thousand units and CAGR for 2018-2022 and 2023-2028
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Report
Coverage
|
Revenue
forecast, Volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
Covered
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Product Type
Type
Volume
Material
End-User
Region
|
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Regional
Scope
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North &
Central, Eastern, Western, Southern
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Key
Companies Profiled
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Terumo Middle East, Fresenius
Kabi, Madac International for Medical Products Factory, RENOLIT, Abdulla
Fouad Group, Kiefel Technologies, AdvaCare Pharma, Jamjoom Group
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Customization
Scope
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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
|
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Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/pdf format on special request)
|
Report Scope:
In this report, Saudi Arabia Blood
Bags Market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
Saudi Arabia Blood Bags Market,
By Product Type:
o
Single
Blood Bag
o Double Blood Bag
o Triple Blood Bag
o Quadruple Blood Bag
o Penta Blood Bag
·
Saudi Arabia Blood Bags
Market, By Type:
o
Collection Bag
o
Transfer Bag
·
Saudi Arabia Blood Bags Market, By Volume:
o 100ml
o 150ml
o 250ml
o 300ml
o 350ml
o 400ml
o 450ml
o 500ml
·
Saudi Arabia Blood Bags
Market, By Material:
o PVC
o PET
o Others
·
Saudi Arabia Blood Bags
Market, By End User:
o Hospitals & Clinics
o Ambulatory Surgical
Center
o Blood Banks
o Others
·
Saudi Arabia Blood Bags
Market, By Region:
o Northern & Central
o Eastern
o Western
o Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in 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).