United States Blood Bags Market, By Product (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 (o 450ml, 350ml, 150ml, 100ml, 250ml, and Others (400, 500, 200 ml), By Material (PVC, PET, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Blood Banks, Others), By Region, Competition, Forecast & Opportunities, 2027

  • Industry : Healthcare
  • Pages : 70
  • Published Date : November, 2022
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Summary

Report Description

The United States Blood Bags market stood at USD 94.85 million in 2021 and is expected to grow at a steady rate of 6.08% during the forecast period. The major factors include increasing prevalence of chronic diseases imposing surgeries, trauma, anemia, myeloma, lymphoma, leukemia, etc., high demand of blood transfusion procedures, and medical advancement. Blood bags are made up of a thin material which contains a plasticizer composition such as dioctyl phthalate which is used for long term collection, storage, separation, and transportation of red blood cells, white blood cells, and platelets. The other factor which is bolstering the market growth are increasing investments in the healthcare sector, growing population awareness, and increase in number of surgeries. Various initiatives regarding blood donation campaigns are taken by government or private organizations, to raise awareness about diseases and treatments, as well as information about the availability of more advanced technologies and procedures at healthcare facilities.

Rise in Chronic Diseases

The prevalence in number of chronic diseases such as cardiovascular diseases, surgeries, trauma, and injuries either caused due to road accidents or any other accidental or non-accidental reasons resulting in high amount of blood loss which requires additional blood support for treatment of patients and cancer gives rise to increase in the growth of blood bags market. Its trend has been increasing due to lower incision, reduce in timings of hospital stays and lower cost associated with the surgical procedures.

Growing Demand of Blood Transfusion Procedures

The main cause of increasing demand for blood transfusion procedures was due to increased demand of blood for the treatment of various severe diseases such as cancer. According to American Cancer Society, more than 1.8 million people were diagnosed with cancer in 2020. They need blood, sometimes daily, during their chemotherapy treatment.  For instance, an estimated 1,519,907 people in the United States were suffering from leukemia, lymphoma, myeloma, myelodysplastic syndromes (MDS) or myeloproliferative neoplasms (MPNs). Additionally, the injuries caused due to road accidents also requires blood for healing and surgical procedures. Therefore, the high blood disorder rate and huge accidental cases in the United States are expected to drive the blood bags market in the coming years.

Medical Advancements

Rapid advancements in research and development (R&D) activities are driving the growth of the market as novel drugs/medications and new products are developed for the treatment of chronic diseases. The new information technology system is developed to reduce the transfusion errors by involving a barcode on patient’s wristband which is matched electronically with blood samples and with the units of blood prepared for transfusion for every patient. Furthermore, the frequent technological advancements for minimal invasive surgical procedures to treat chronic diseases is driving the market growth. 


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Market Segmentation

The United States Blood Bags Market can be segmented into product, type, volume, material, end user, and region. By product, the market can be segmented into single blood bag, double blood bag, triple blood bag, quadruple blood bag, and penta blood bag. Based on type, the market can be split into collection blood bags and transfer blood bags. In terms of volume, the market can be divided into 450ml, 350ml, 150ml, 100ml, 250ml, and Others (400, 500, 200 ml). By material, the market can be fragmented into PVC, PET, and others. Based on end user, the market can be differentiated into hospitals & clinics, ambulatory care centers, blood banks, and others.

Market Players

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 etc. are some of the leading companies operating in the market.

Attribute

Details

Market Size Value in 2021

USD 94.85 Million

Revenue Forecast in 2027

USD 136.31 Million

Growth Rate

6.08%

Base Year

2021

Historic Data

2017 – 2021

Estimated Year

2022

Forecast Period

2022 – 2027

Quantitative Units

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

Report coverage

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

Segments covered

·         Product

·         Type

·         Volume

·         Material

·         End User

·         Region

Regional scope

 Mid-West, South, North-East and West

Key companies profiled

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, and Genesis BPS

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, United States Blood Bags market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United States Blood Bags Market, By Product:

o    Single Blood Bag

o    Double Blood Bag

o    Triple Blood Bag

o    Quadruple Blood Bag

o    Penta Blood Bag

·         United States Blood Bags Market, By Type:

o    Collection Blood Bags

o    Transfer Blood Bags

·         United States Blood Bags Market, By Volume:

o    450ml

o    350ml

o    150ml

o    100ml

o    250ml

o    Others

·           United States Blood Bags Market, By Material:

o    PVC

o    PET

o    Others

·         United States Blood Bags Market, By End User:

    • Hospitals & Clinics
    • Ambulatory Care Centers
    • Blood Banks
    • Others

·         United States Blood Bags, By Region:

o    Mid-West

o    South

o    North-East

o    West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the United States 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 United States Blood Bags Market

4.    Executive Summary

5.    Voice of Customers

5.1. Demand, By End User

5.2. Brand Awareness

5.3. Usage, By Volume

5.4. Usage, By Material

5.5. Preferred Mode of Purchase

6.    United States 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 (2021)

6.3.  Product Market Map

7.    United States 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.    United States 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.  United States Economic Profile

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Terumo BCT Inc.

14.2.2.  Teleflex Incorporated

14.2.3.  Haemonetics Corporation

14.2.4.  AdvaCare Pharma

14.2.5.  Fresenius Kabi USA, Inc.

14.2.6.  B. Braun of America, Inc.

14.2.7.  Coloplast Corp.

14.2.8.  Baxter International Inc.

14.2.9.  Grifols USA, LLC

14.2.10.                Genesis BPS

15. Strategic Recommendations

16. About us & Disclaimer

Figures and Tables

Figure 1: United States Blood Bags Market Size, By Value (USD Million), 2017-2027F

Figure 2: United States Blood Bags Market Size, By Volume (Thousand Units), 2017-2027F

Figure 3: United States Blood Bags Market Share, By Product, By Value, 2017-2027F

Figure 4: United States Blood Bags Market Share, By Type, By Value, 2017-2027F

Figure 5: United States Blood Bags Market Share, By Volume, By Value, 2017-2027F

Figure 6: United States Blood Bags Market Share, By Material, By Value, 2017-2027F

Figure 7: United States Blood Bags Market Share, By End User, By Value, 2017-2027F

Figure 8: United States Blood Bags Market Share, By Region, By Value, 2017-2027F

Figure 9: Mid-West United States Blood Bags Market Share, By State, By Value, 2017-2027F

Figure 10: South United States Blood Bags Market Share, By State, By Value, 2017-2027F

Figure 11: North-East United States Blood Bags Market Share, By State, By Value, 2017-2027F

Figure 12: West United States Blood Bags Market Share, By State, By Value, 2017-2027F

Figure 13: United States Blood Bags Market Share, By Company, By Value, 2021

Figure 14: United States Blood Bags Market Map, By Product, Market Size (USD Million) & Growth Rate (%), 2021

Figure 15: United States Blood Bags Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 16: United States Blood Bags Market Map, By Volume, Market Size (USD Million) & Growth Rate (%), 2021

Figure 17: United States Blood Bags Market Map, By Material, Market Size (USD Million) & Growth Rate (%), 2021

Figure 18: United States Blood Bags Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 19: United States Collection Blood Bags Market Size, By Value (USD Million), 2017-2027F

Figure 20: United States Collection Blood Bags Market Size, By Volume (Thousand Units), 2017-2027F

Figure 21: United States Collection Blood Bags Staplers Market Share, By Product, By Value, 2017-2027F

Figure 22: United States Collection Blood Bags Staplers Market Share, By Type, By Value, 2017-2027F

Figure 23: United States Collection Blood Bags Staplers Market Share, By Volume, By Value, 2017-2027F

Figure 24: United States Collection Blood Bags Staplers Market Share, By Material, By Value, 2017-2027F

Figure 25: United States Collection Blood Bags Staplers Market Share, By End User, By Value, 2017-2027F

Figure 26: United States Transfer Blood Bags Market Size, By Value (USD Million), 2017-2027F

Figure 27: United States Transfer Blood Bags Market Size, By Volume (Thousand Units), 2017-2027F

Figure 28: United States Transfer Blood Bags Staplers Market Share, By Product, By Value, 2017-2027F

Figure 29: United States Transfer Blood Bags Staplers Market Share, By Type, By Value, 2017-2027F

Figure 30: United States Transfer Blood Bags Staplers Market Share, By Volume, By Value, 2017-2027F

Figure 31: United States Transfer Blood Bags Staplers Market Share, By Material, By Value, 2017-2027F

Figure 32: United States Transfer Blood Bags Staplers Market Share, By End User, By Value, 2017-2027F

Frequently asked questions

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United States Blood Bags market is expected to register a CAGR of 6.08% and reach USD 136.31 million by 2027 on account of increasing number of surgical procedures being performed in the country.

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By type, United States Blood Bags Market can be split into collection and transfer bags. Out of the two, collection blood bags segment dominated the market in 2021 with an overall share of 86.28% on account of their easy availability and cost effectiveness.

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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, among others are some of the leading players operating in United States Blood Bags Market.

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COVID-19 has decreased the number of people who used to donate blood through campaigns and this is likely to hamper the growth of the United States Blood Bags market.

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Sakshi Bajaal

Business Consultant
Press Release

United States Blood Bags Market to be Dominated by Collection Blood Bags Type Through 2027

Nov, 2022

Increasing awareness of blood donation campaigns and rising prevalence of chronic diseases is expected to drive the United States Blood Bags Market during the forecast period, 2022-2027

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