Global Disposable Blood Bags Market Analysis
Overview
Human blood and blood-derived substances are collected, stored, transported, and transfused using disposable blood bags. Disposable blood bags come in a variety of sizes and shapes, including quadruple, double, single, and triple blood collection bags. These bags come in sizes ranging from 350 mL to 500 ml. Disposable blood bags are used to store and transport blood components such as plasma and platelets in addition to blood.
Statistics
By the end of 2027, the global disposable blood bag market is expected to be worth US$ 537.2 million in value and 459,040 thousand units in quantity.
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Drivers
During the forecast period, the global disposable blood bags market is projected to increase due to the rising occurrence of blood-related illnesses. As per the National Cancer Institute, there were 61,780 new cases of leukemia in the U.S. in 2019.
Furthermore, an increase in the number of injury and disaster cases is estimated to help the market expand. As per the Government of India’s Ministry of Road Transport and Highways, the rate of road grew by 0.46 percent in 2018 relative to 2017.
In terms of value, North America dominated the global disposable blood bags market in 2019, contributing for 49.1 percent of the market, trailed by Asia Pacific.
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Restraints
The global disposable blood bags market’s expansion is estimated to be hampered by a poor infrastructure for plasma collection and storage in developing countries. In Africa, blood collecting centers in Nigeria, Egypt, and Ethiopia lag behind in terms of blood processing facilities. As a result, single blood bags are in much higher demand in these nations than other types of blood bags.
Furthermore, the global disposable blood bags market’s development is projected to be hampered by the lack of voluntary blood donors. The rate of volunteer blood donors is 10%, according to the Lagos State Blood Transfusion Service in February 2020.
Opportunities
Blood collection bags made of non-PVC materials are likely to provide attractive growth possibilities for market participants. PVC-free blood bags, also known as non-PVC plastic blood bags, have emerged as a viable alternative to PVC blood bags. Multilayer polyethylene and EVA (ethylene vinyl acetate) and are used to make non-PVC bags. The commercialization of non-PVC blood bags is anticipated to deliver a slew of benefits with it.
To minimize the quantity of single-use plastic, companies might concentrate on producing bio-plastics. Furthermore, the global disposable blood bags market is projected to benefit from the development of plug-and-play systems that employ natural-product based components to create polymers that are similar to plastics.
The Single Collection Bags segment of the global disposable blood bags market was worth US$ 112.9 million in 2019 and is anticipated to grow at a CAGR of 10.1 percent to US$ 244.2 million by 2027.
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Market Trends
The use of RFID tracking technologies on fresh blood bags has boosted efficiency, decreased mistakes, improved visibility, and improved blood bag security throughout transit. Alien Technology, a developer of UHF Gen-2 RFID solutions, offers a UHF RFID-based-hemo-derivative blood bag monitoring application that can follow the position of blood bags in real time.
In blood centers, automated blood processing technology allows for safer and more reliable blood separation. To improve donor safety and blood component quality, blood collection centers use cell separators and other automated devices. For blood component separation, blood collection centers are increasingly turning to automated portable equipment.
Regulations
North America
Canada
- In Canada, medical devices are approved by the Medical Device Regulations (MDR) of the Department of Justice.
- According to Policy on Drug/Medical Device Combination Products, October 20, 1998, Health Canada describes blood bags containing anticoagulant or preservation solutions as combination products that have been classified as devices.
- Disposable Blood Bags are thus subject to medical devices regulations of the Department of Justice, Canada.
- Manufacturers of these combination devices are thus obliged to obtain an establishment license from Health Canada prior to sell of medical devices in the Canadian market.
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Competitive Landscape
Key companies contributing in the global disposable blood bags market are Terumo Penpol Pvt. Limited, Fresenius Kabi India Pvt. Ltd., Grifols, S.A., Poly Medicure Limited, Innvol Medical India Limited, Macopharma, Span Healthcare Private Limited, and HLL Lifecare Limited.
Key Developments
The market’s key players are concentrating on increasing their manufacturing capacity. Grifols announced the commencement of manufacture at its new blood-collection systems factory in Campo Largo, Brazil, in November 2019. The plant has a capacity of over 10 million blood collection bags per year.
Collaboration methods are also being employed by market players to increase their product offering. Macopharma teamed up with the South Texas Blood & Tissue Center and Calimex in January 2019 to provide a seamless procedure from digital donor enrollment through blood donation.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Regulatory Scenario
- Mergers and Acquisitions
- Market Dynamics
- Global Disposable Blood Bags Market, By Product Type, 2019 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Collection Bags
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Single Collection Bags
- Double Collection Bags
- Triple Collection Bags
- Quadruple Collection Bags
- Transfer Bags
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Global Disposable Blood Bags Market, By End User, 2019 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Blood Banks
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Hospitals
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Non-Governmental Organization (NGO)
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Global Disposable Blood Bags Market, By Channel, 2019 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Tender Sales
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Private Sales
- Introduction
- Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Global Disposable Blood Bags Market, By Region, 2019 – 2027, (US$ Mn, Thousand Units)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- U.S.
- Canada
- Latin America
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size, Volume and Forecast, By Product Type, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By End User, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Channel, 2016 – 2027, (US$ Mn, Thousand Units)
- Market Size, Volume and Forecast, By Country, 2016 – 2027, (US$ Mn, Thousand Units)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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