Global Disposable Plastic Blood Bag Market: Industry Analysis and Forecast (2021-2027) by Type, End-use, and Region

By 2027, the Global Disposable Plastic Blood Bag Market is expected to reach US $702.23 million, thanks to growth in the blood banks segment. The report analyzes market dynamics by region and end-user industries.

Global Disposable Plastic Blood Bag Market Overview:

The global disposable plastic blood bag market was valued at US $403.60 Mn. in 2020, and it is expected to reach US $702.23 Mn. by 2027 with a CAGR of 9.67% during the forecast period. Disposable plastic (PVC) bags, which replaced reusable glass bottles in the 1970s, are used to store blood and blood products for transfusion. Plastic bags made with plasticized PVC altered the way blood products were separated and used to treat a wide range of hematological diseases like anemia, hemochromatosis, leucocytosis, and many others, in addition to being more convenient. Blood transfusions became even safer after the advent of PVC bags in the 1970s. Separation of platelets, plasma, and cryoprecipitate in glass bottles was difficult, prone to bacterial contamination, and inconsistent. Blood separation has become considerably easier thanks to plastic bags, enabling more targeted treatment of illnesses including anemia and bleeding disorders. It was impossible to separate platelets from whole blood until the advent of disposable blood bags. The availability of platelets for transfusion has facilitated the development of more aggressive chemotherapy and bone marrow transplantation for the treatment of leukemia and lymphoma patients, resulting in the saving of many lives. Global Disposable Plastic Blood Bag Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Key Trends:

Surging use of advanced technology like RFID (Radio Frequency Identification). The increasing use of RFID by prominent players in the market is the key trend. Large volumes of tagged blood bags may be promptly and precisely identified using RFID technology, which is extremely helpful in instances where blood bags are stacked or kept in any orientation. This technology also lowered reliance on human data entry by eliminating manual records and transcripts.

Key Features of RFID:

Information that is unique to you. Each eligible blood bag is labelled with a unique barcode or RFID tag that contains identifying information such as blood type, storage location, collection date, and expiration date, among other things. Traceability and tracking. The movement of each blood bag can be tracked from the donor to the end receiver. Interaction with data. All data can be sent in real-time through wireless networks to the backend system, giving hospital administrators real-time visibility over blood inventory.

Global Disposable Plastic Blood Bag Market Dynamics:

Rising traffic accidents and injuries globally. During the forecast period, an increase in the number of road traffic accidents is expected to drive the demand for blood and blood bags. According to the World Health Organization (WHO), around 1.25 million people die each year in traffic accidents. Road traffic accidents are the major cause of death among those aged 15 to 29. Low-income and middle-income countries like Uganda, Malawi, Vietnam, Egypt, Georgia, Indonesia, and others account for over 90% of global mortality. Unless continued legislation and rules are implemented, road traffic accidents are expected to become the world's sixth-biggest cause of death by 2030. Blood donation programs and government initiatives. Government and private-sector blood donation initiatives are likely to drive demand for disposable blood bags. These days, unpaid blood donors help the community by donating blood. Donors can also donate blood at hospitals, blood banks, or receivers. For example, the Indian government was working to achieve the World Health Organization's goal of 100% self-sufficiency and voluntary blood donation in 2020. However, only about 11 million blood donations are collected in India each year, compared to the required 13.5 million for the country's 1.35 billion people (1%), leaving a gap of nearly 2 million. Plastic blood bag risks. The danger of HIV transmission, hepatitis B or C, and sepsis is increased when the plastic bags are used in an uneven or contaminated way. For example, the hepatitis C virus (HCV) causes an infectious liver disease called hepatitis C. In the United States, hepatitis C is the most common chronic bloodborne infection through blood transfusion. 3.2 million Americans have chronic Hepatitis C, with the majority of them uninformed of their illness. All of these reasons contribute to a patient's aversion to using disposable plastic bags. Instead of disposable blood bags, they prefer fresh blood from donors. This is a major barrier to the growth of the disposable plastic blood bag market. Aside from that, the market is also hampered by a decreased number of blood donations in developing and underdeveloped regions like South Africa, Angola, the Philippines, Russian Federation, and others. Continuous research and development. The ongoing research and development by prominent players and universities in the market to develop safe, and advanced blood collection, transportation, as well as storage technologies are expected to create lucrative growth opportunities for the market during the forecast period. For example, recent research by Johns Hopkins University looked into the use of drones to transport blood. It assesses the feasibility of using drones to transport blood. Also, these methods represent an efficient, safe, and quick means of transporting blood products to remote accident or natural disaster areas and other time-sensitive locations. This is likely to help the market for disposable plastic blood bags to grow.

Global Disposable Plastic Blood Bag Market Segment Analysis:

Based on Type, the global disposable plastic blood bag market is segmented into three types as follows, Single blood bag, Double blood bag, Triple blood bag, and Quadruple blood bag. The Single blood bag is used for whole blood collection containing CPDA (Citrate-phosphate-dextrose solution with adenine) anticoagulant solution. The bag is available in 350ml and 450ml capacity. The Double Blood Bag is used to split whole blood into two components: plasma and red cells. This is accomplished through centrifugation and extraction. The anticoagulant CPDA-1 solution is kept in the main bag. Based on End-use, the global disposable plastic blood bag market is segmented into three types as follows, Hospitals, NGOs (Non-Government Organization), Blood Banks, and Home Healthcare. In 2020, the Blood banks segment was dominant and held xx% of the overall market share in terms of storage and the segment is expected to grow at a CAGR of xx% during the forecast period. Global Disposable Plastic Blood Bag Market

Global Disposable Plastic Blood Bag Market Regional Insights:

In 2020, the North American region dominated the market accounting for xx% of the overall market share in terms of revenue because of increasing blood-related disorders in this region. China, the world's second-largest economy, is expected to reach a market size of US $xx billion by 2027, growing at a CAGR of xx% over the forecast period. Other notable geographic markets include Japan and Canada, which are expected to grow approximately at xx% and xx%, respectively, throughout the forecast period. Germany is expected to grow at a CAGR of around xx% within Europe. Global Disposable Plastic Blood Bag Market The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.

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Global Disposable Plastic Blood Bag Market

Global Disposable Plastic Blood Bag Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global Disposable Plastic Blood Bag Market Key Players

Terumo Corporation • Weigao • Fresenius SE & Co. • Grifols S.A. • HLL Lifecare Limited • Neomedic International • Haemonetics • Macopharma • Sichuan Nigale Biomedical • Suzhou Laishi Transfusion Equipment • Nanjing Cell-Gene Biomedical • Advacare Pharma • Suru International • Halyard Health • Span Healthcare Pvt. Ltd. • Velico Medical Inc. • Megacare International Inc. • Poly Medicure Limited • Innvol Medical India Limited • Others

Frequently Asked Questions:

1. What is the forecast period considered for the Disposable Plastic Blood Bag market report? Ans. The considered forecast period for the disposable plastic blood bag market is 2021-2027. 2. Which key factors are challenging the growth of the Disposable Plastic Blood Bag market? Ans. The risks of using plastic blood bags in an uneven and contaminated way leading to the transmission of fatal infections like HIV, HCV, and others is the only key factor expected to challenge the growth of the market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Disposable Plastic Blood Bag market for the next 6 years? Ans. The global disposable plastic blood bag market is expected to grow at a CAGR of 9.67% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Disposable Plastic Blood Bag market? Ans. The growing number of traffic accidents and increasing government initiatives about blood donation are the key factor expected to drive the growth of the disposable plastic blood bag market during the forecast period. 5. Which are the worldwide major key players covered for the Disposable Plastic Blood Bag market report? Ans. Terumo Corporation, Weigao, Fresenius SE & Co., Grifols S.A., HLL Lifecare Limited, Neomedic International, Haemonetics, Macopharma, Sichuan Nigale Biomedical, Suzhou Laishi Transfusion Equipment, Nanjing Cell-Gene Biomedical, Advacare Pharma, Suru International, Halyard Health, Span Healthcare Pvt. Ltd., Velico Medical Inc., Megacare International Inc., Poly Medicure Limited, Innvol Medical India Limited, and Others.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Disposable Plastic Blood Bag Market Size, by Market Value (US $Mn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Disposable Plastic Blood Bag Market 3.4. Geographical Snapshot of the Disposable Plastic Blood Bag Market, By Manufacturer share 4. Global Disposable Plastic Blood Bag Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Disposable Plastic Blood Bag Market 5. Supply Side and Demand Side Indicators 6. Global Disposable Plastic Blood Bag Market Analysis and Forecast, 2020-2027 6.1. Global Disposable Plastic Blood Bag Products Market Size & Y-o-Y Growth Analysis. 7. Global Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.1.1. Single blood bag 7.1.2. Double blood bag 7.1.3. Triple blood bag 7.1.4. Quadruple blood bag 7.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 7.2.1. Hospitals 7.2.2. NGOs (Non-Government Organization) 7.2.3. Blood Banks 7.2.4. Home Healthcare 8. Global Disposable Plastic Blood Bag Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.1.1. Single blood bag 9.1.2. Double blood bag 9.1.3. Triple blood bag 9.1.4. Quadruple blood bag 9.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 9.2.1. Hospitals 9.2.2. NGOs (Non-Government Organization) 9.2.3. Blood Banks 9.2.4. Home Healthcare 10. North America Disposable Plastic Blood Bag Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 12. Canada Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 13. Mexico Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 14. Europe Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 15. Europe Disposable Plastic Blood Bag Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 17. France Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 18. Germany Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 19. Italy Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 20. Spain Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 21. Sweden Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 22. CIS Countries Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 23. Rest of Europe Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 24. Asia Pacific Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 25. Asia Pacific Disposable Plastic Blood Bag Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 27. India Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 28. Japan Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 29. South Korea Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 30. Australia Fungicide Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 31. ASEAN Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 32. Rest of Asia Pacific Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 33. Middle East Africa Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 34. Middle East Africa Disposable Plastic Blood Bag Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 36. GCC Countries Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 37. Egypt Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 38. Nigeria Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 39. Rest of ME&A Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 40. South America Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 41. South America Disposable Plastic Blood Bag Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 43. Argentina Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 44. Rest of South America Disposable Plastic Blood Bag Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Disposable Plastic Blood Bag Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-use, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Terumo Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Weigao 45.3.3. Fresenius SE & Co. 45.3.4. Grifols S.A. 45.3.5. HLL Lifecare Limited 45.3.6. Neomedic International 45.3.7. Haemonetics 45.3.8. Macopharma 45.3.9. Sichuan Nigale Biomedical 45.3.10. Suzhou Laishi Transfusion Equipment 45.3.11. Nanjing Cell-Gene Biomedical 45.3.12. Advacare Pharma 45.3.13. Suru International 45.3.14. Velico Medical Inc. 45.3.15. Poly Medicure Limited 45.3.16. Innvol Medical India Limited 45.3.17. Others 46. Primary Key Insights

About This Report

Report ID118669
Category Material & Chemical
Published DateSep 2021
Updated Date
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