Blood Bags Market by Type (Double, Quadruple, Single), Material (Polyethylene Terephthalate, Polyolefins, Polyvinyl Chloride), Usability, End-Use - Global Forecast 2023-2030
The Blood Bags Market is projected to reach USD 836.09 million by 2030 from USD 493.20 million in 2022, at a CAGR of 6.82% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Blood Bags Market.
- Based on Type, market is studied across Double, Quadruple, Single, and Triple. The Single commanded largest market share of 32.12% in 2022, followed by Double.
- Based on Material, market is studied across Polyethylene Terephthalate, Polyolefins, and Polyvinyl Chloride. The Polyvinyl Chloride commanded largest market share of 42.12% in 2022, followed by Polyethylene Terephthalate.
- Based on Usability, market is studied across Collection Bag and Transfer Bag. The Transfer Bag commanded largest market share of 62.67% in 2022, followed by Collection Bag.
- Based on End-Use, market is studied across Blood Banks and Hospital. The Blood Banks commanded largest market share of 67.88% in 2022, followed by Hospital.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 42.12% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Blood Bags Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Blood Bags Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Blood Bags Market, highlighting leading vendors and their innovative profiles. These include AdvaCare Pharma, Advin Health Care, Alvedia, B L Lifesciences Private Limited, Demophorius Limited, Fresenius SE & Co. KGaA, Grifols, S.A, HAEMONETICS CORPORATION, HLL Lifecare Limited, HÄNSLER MEDICAL GMBH, Inovet, JMS Co., Ltd., Kidde-Fenwal, Inc., KIEFEL GmbH, Lmb Technologie GmbH, Maco Pharma SAS, Mitra Industries Pvt. Ltd., Narang Medical Limited, Neomedic, Olidef Medical, Poly Medicure Limited, Qingdao Sinoland International Trade Co., Ltd., RENOLIT SE, SB-Kawasumi Laboratories, Inc., Shandong Weigao Group Medical Polymer Co.,Ltd., Suru International Pvt. Ltd., Suzhou Sinomed Co., Ltd., Terumo Corporation, The Metrix Company, TROGE MEDICAL GmbH, and Xindray Medical International Co., Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Blood Bags Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Blood Bags Market?
- What is the competitive strategic window for identifying opportunities in the Blood Bags Market?
- What are the latest technology trends and regulatory frameworks in the Blood Bags Market?
- What is the market share of the leading vendors in the Blood Bags Market?
- Which modes and strategic moves are suitable for entering the Blood Bags Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Blood Bags Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of road accidents and trauma cases creating need for blood
- 5.1.1.2. Government initiatives encouraging blood donations and rising need for safe blood storage and transportation services
- 5.1.2. Restraints
- 5.1.2.1. Harmful waste produced due to usage of blood bags along with adverse impact of PVC material
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in the blood bags field
- 5.1.3.2. Increasing number of blood banks globally
- 5.1.4. Challenges
- 5.1.4.1. Managing the blood safety during transfusion and complex requirement of maintaining precise blood bag temperature
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Well-established regulatory standards for blood bags in the Americas
- 5.3.2. Surge in blood donation activities and significant presence of blood bag manufacturers in the APAC region
- 5.3.3. Ongoing product developments and encouraging blood donation initiatives expand the market growth in the EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Blood Bags Market, by Type
- 6.1. Introduction
- 6.2. Double
- 6.3. Quadruple
- 6.4. Single
- 6.5. Triple
- 7. Blood Bags Market, by Material
- 7.1. Introduction
- 7.2. Polyethylene Terephthalate
- 7.3. Polyolefins
- 7.4. Polyvinyl Chloride
- 8. Blood Bags Market, by Usability
- 8.1. Introduction
- 8.2. Collection Bag
- 8.3. Transfer Bag
- 9. Blood Bags Market, by End-Use
- 9.1. Introduction
- 9.2. Blood Banks
- 9.3. Hospital
- 10. Americas Blood Bags Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Blood Bags Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Blood Bags Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Agreement, Collaboration, & Partnership
- 13.3.1.1. Maco Medlab: Joint-Venture of 2 blood transfusion players
- 13.3.1.2. U.S. Gov awards USD 10.6 Million Freeze-Dried Plasma Contract to Terumo
- 13.3.2. New Product Launch & Enhancement
- 13.3.2.1. BetaLife to Showcase Its AI Powered Health Tech Solution for Advancing Health Equity at GITEX AFRICA 2023 The Largest Tech Event
- 13.3.2.2. Trial Run of Blood Bag Delivery under the iDrone Initiative of ICMR successfully conducted
- 13.3.2.3. DBT Institute Develops Novel Bags To Increase Shelf Life Of Blood
- 13.3.3. Investment & Funding
- 13.3.3.1. For Start-Ups, Industry, Kerala Doubles Financial Assistance to INR 10 Million
- 13.3.3.2. NBSC Calls for Investment in Blood Bank
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. AdvaCare Pharma
- 14.1.2. Advin Health Care
- 14.1.3. Alvedia
- 14.1.4. B L Lifesciences Private Limited
- 14.1.5. Demophorius Limited
- 14.1.6. Fresenius SE & Co. KGaA
- 14.1.7. Grifols, S.A
- 14.1.8. HAEMONETICS CORPORATION
- 14.1.9. HLL Lifecare Limited
- 14.1.10. HÄNSLER MEDICAL GMBH
- 14.1.11. Inovet
- 14.1.12. JMS Co., Ltd.
- 14.1.13. Kidde-Fenwal, Inc.
- 14.1.14. KIEFEL GmbH
- 14.1.15. Lmb Technologie GmbH
- 14.1.16. Maco Pharma SAS
- 14.1.17. Mitra Industries Pvt. Ltd.
- 14.1.18. Narang Medical Limited
- 14.1.19. Neomedic
- 14.1.20. Olidef Medical
- 14.1.21. Poly Medicure Limited
- 14.1.22. Qingdao Sinoland International Trade Co., Ltd.
- 14.1.23. RENOLIT SE
- 14.1.24. SB-Kawasumi Laboratories, Inc.
- 14.1.25. Shandong Weigao Group Medical Polymer Co.,Ltd.
- 14.1.26. Suru International Pvt. Ltd.
- 14.1.27. Suzhou Sinomed Co., Ltd.
- 14.1.28. Terumo Corporation
- 14.1.29. The Metrix Company
- 14.1.30. TROGE MEDICAL GmbH
- 14.1.31. Xindray Medical International Co., Ltd.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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