Saudi Arabia blood bags market is expected to witness significant growth during the forecast period on account of the growing geriatric population. Increase in blood transfusion is directly proportional to the increase in geriatric population. Elderly patients have low hemoglobin levels and need periodic blood transfusion. In case of trauma, the mortality cases are much higher in case of geriatric population. The geriatric population needs supply of blood during any surgery as they are most likely to develop infections or delayed blood transfusion may also result in their death. Additionally, rising awareness pertaining to blood donation is further expected to fuel the market growth through 2026. Saudi Arabia is the second largest market for blood bags in Middle East & Africa region and likely to grow at a healthy pace during the forecast period due to increasing investment in the country’s healthcare sector. The total spending in critical care related hospitals in Saudi Arabia witnessed a growth rate of more than 7% during 2015-2019, thereby positively influencing Saudi Arabia blood bags market in the same period. Saudi Arabia is now seeking to implement Smart city concept across the country. This idea is coming as a part of “Saudi Arabia’s Vision 2030”, one of the smart city initiatives that will be implemented is advanced healthcare infrastructure to promote medical tourism with country.

The Saudi Arabia blood bags market can be segmented by product type, type, volume, material, end user, region and company. In terms of end user, the market can be categorized into hospitals & clinics, ambulatory surgical center, blood banks and others. The hospitals & clinics segment is expected to dominate the market through 2026 on account of the growing number of surgical procedures that require blood supply in large amounts. The rising blood disorders, growth of the healthcare sector, and the increasing construction of hospitals and health clinics are anticipated to positively impact the market.

The major companies operating in Saudi Arabia blood bags market includes Madac International, Abdulla Fouad Group, Haemonetics Corporation Saudi Arabia, Teleflex (Saudi Medical Services), Terumo Middle East, Fresenius Medical Care Saudi Arabia Limited, Grifols Saudi Arabia, among others. Major players operating in the market are adopting strategies such as mergers & acquisitions, collaborations, product launches, among others in the market to stay competitive and having an edge over the other players operating in the market.

Years considered for this report:

Historical Years: 2016 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 2026

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia blood bags market from 2016 to 2019.
  • To estimate and forecast the market size of Saudi Arabia blood bags market from 2020 to 2026 and growth rate until 2026. 
  • To classify and forecast Saudi Arabia blood bags market based on product type, type, volume, material, end user, region and company.
  • To identify dominant region or segment in the Saudi Arabia blood bags market.
  • To identify drivers and challenges for Saudi Arabia blood bags market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia blood bags market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia blood bags market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia blood bags market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia blood bags market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Blood Bags manufacturers, end users, and other stakeholders
  • Distributers and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to blood bags
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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:
    • Collection Bag
    • Transfer Bag
  • Saudi Arabia Blood Bags Market, By Volume:
    • 100ml
    • 150ml
    • 250ml
    • 300ml
    • 350ml
    • 400ml
    • 450ml
    • 500ml
  • Saudi Arabia Blood Bags Market, By Material:
    • PVC
    • PET
    • Others
  • Saudi Arabia Blood Bags Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Surgical Center
    • Blood Banks
    • Others
  • Saudi Arabia Blood Bags Market, By Region:
    • Northern & Central
    • Southern
    • Eastern
    • Western

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia 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).

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Blood Bags Market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia 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 Type (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag)

6.2.2.     By Type (Collection Bag v/s 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 Region

6.2.7.     By Company (2020)

6.3.  Product Market Map

7.    Saudi Arabia Collection Bags Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Volume

7.2.3.     By Material

7.2.4.     By End User

8.    Saudi Arabia Transfer Bags Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Volume

8.2.3.     By Material

8.2.4.     By End User

9.    Market Dynamics

9.1.     Drivers

9.2.     Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Import-Export Analysis

13.  Saudi Arabia Economic Profile

14.  Competitive Landscape

14.1.    Competition Outlook

14.2.    Company Profiles

14.2.1.  Madac International

14.2.2.  Abdulla Fouad Group

14.2.3.  Haemonetics Corporation Saudi Arabia

14.2.4.  Teleflex (Saudi Medical Services)

14.2.5.  Terumo Middle East

14.2.6.  Fresenius Medical Care Saudi Arabia Limited

14.2.7.  Grifols Saudi Arabia

15.  Strategic Recommendations

16. About Us & Disclaimer