Blood Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global blood bags market size reached US$ 265.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 443.2 Million by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.
A blood bag is used for the transfer, collection, storage, and transfusion of blood and its components, including platelets, plasma, and cryoprecipitate. It is generally manufactured from bio-compatible PVC materials and is integrated with collection tubes, needles, needle covers, and clamps. Blood bags are mostly available in the form of Citrate Phosphate Dextrose Adenine (CPDA) blood bags, Saline Adenine Glucose Mannitol (SAGM) blood bags, and transfer bags. Based on various transfusion types, they can be further classified into single, double, triple, and quadruple blood collection bags. These bags are widely adopted across surgery centers, trauma centers, emergency units, ambulatory facilities, intensive care units, etc.
Blood Bags Market Trends:
The global blood bags market is primarily driven by the rising incidences of fatal accidents along with the wide presence of trauma centers across the world. According to estimates by the World Health Organization, nearly 1.4 million people die each year because of road traffic crashes. Moreover, the high prevalence of several blood-related medical ailments, such as anemia, hemophilia, myeloma, leukemia, etc., is also driving the demand for blood transfusion. Numerous invasive surgical procedures in the field of cardiology, neurology, orthopedics, oncology, etc., are further catalyzing this market for blood bag. Moreover, the rising investments in healthcare infrastructure development are also propelling the establishment of blood banks, medical research laboratories, and diagnostic centers. The introduction of several blood donation programs by various government bodies and non-profit organizations is also augmenting the market for blood bags.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global blood bags market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application, end user, material and capacity.
Breakup by Product Type:
Single Blood Bag
Double Blood Bag
Triple Blood Bag
Quadruple Blood Bag
Penta Blood Bag
Breakup by Application:
Collection Blood Bag
Transfer Blood Bag
Breakup by End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Blood Banks
Others
Breakup by Material:
Poly Vinyl Chloride Blood Bag
Polyethylene Terephthalate Blood Bag
Others
Breakup by Capacity:
100ml Blood Bag
150ml Blood Bag
250ml Blood Bag
300ml Blood Bag
350ml Blood Bag
400ml Blood Bag
450ml Blood Bag
500ml Blood Bag
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Singapore
Others
Latin America
Brazil
Mexico
Argentina
Others
Middle East and Africa
Turkey
South Africa
Saudi Arabia
UAE
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AdvaCare Pharma, BL Life Sciences Pvt. Ltd, Demophorius Healthcare Ltd., Fresenius SE & Co. KGaA, Grifols S.A., Haemonetics Corporation, HLL Lifecare Limited, Innvol Medical India Limited, JMS Co. Ltd., Kawasumi Laboratories Inc., Maco Pharma International GmbH, Mitra Industries Pvt. Ltd., Neomedic Limited, Poly Medicure Ltd., Span Healthcare Private Limited, Suru International Private Ltd., Teleflex Incorporated, Terumo Corporation, The Metric Company and Troge Medical GmbH.
Key Questions Answered in This Report:
What is the market size for the global blood bags market 2022?
What is the global blood bags market growth 2023-2028?
What are the global blood bags market drivers?
What are the key industry trends in the global blood bags market?
What is the impact of COVID-19 on the global blood bags market?
What is the global blood bags market breakup by application?
What is the global blood bags market breakup by end user?
What is the global blood bags market breakup by material?
What are the major regions in the global blood bags market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Blood Bags Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product Type
- 6.1 Single Blood Bag
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Double Blood Bag
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Triple Blood Bag
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Quadruple Blood Bag
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Penta Blood Bag
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 7 Market Breakup by Application
- 7.1 Collection Blood Bag
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Transfer Blood Bag
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by End User
- 8.1 Hospitals
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Clinics
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Ambulatory Surgical Centers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Blood Banks
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 9 Market Breakup by Material
- 9.1 Poly Vinyl Chloride Blood Bag
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Polyethylene Terephthalate Blood Bag
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Others
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 10 Market Breakup by Capacity
- 10.1 100ml Blood Bag
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 150ml Blood Bag
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 250ml Blood Bag
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 300ml Blood Bag
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 350ml Blood Bag
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 400ml Blood Bag
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 450ml Blood Bag
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
- 10.8 500ml Blood Bag
- 10.8.1 Market Trends
- 10.8.2 Market Forecast
- 11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.2 Europe
- 11.2.1 Germany
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 France
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 United Kingdom
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 Italy
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Spain
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Russia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.3 Asia Pacific
- 11.3.1 China
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 Japan
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 India
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 South Korea
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Australia
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Singapore
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Argentina
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.4 Others
- 11.4.4.1 Market Trends
- 11.4.4.2 Market Forecast
- 11.5 Middle East and Africa
- 11.5.1 Turkey
- 11.5.1.1 Market Trends
- 11.5.1.2 Market Forecast
- 11.5.2 South Africa
- 11.5.2.1 Market Trends
- 11.5.2.2 Market Forecast
- 11.5.3 Saudi Arabia
- 11.5.3.1 Market Trends
- 11.5.3.2 Market Forecast
- 11.5.4 UAE
- 11.5.4.1 Market Trends
- 11.5.4.2 Market Forecast
- 11.5.5 Others
- 11.5.5.1 Market Trends
- 11.5.5.2 Market Forecast
- 12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
- 13 Value Chain Analysis
- 14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
- 15 Price Analysis
- 15.1 Key Price Indicators
- 15.2 Price Structure
- 15.3 Price Trends
- 16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 AdvaCare Pharma
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 BL Life Sciences Pvt. Ltd
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Demophorius Healthcare Ltd.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Fresenius SE & Co. KGaA
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Grifols S.A.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Haemonetics Corporation
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 HLL Lifecare Limited
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Innvol Medical India Limited
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 JMS Co. Ltd.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.10 Kawasumi Laboratories Inc.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.11 Maco Pharma International GmbH
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 Mitra Industries Pvt. Ltd.
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.13 Neomedic Limited
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.14 Poly Medicure Ltd.
- 16.3.14.1 Company Overview
- 16.3.14.2 Product Portfolio
- 16.3.15 Span Healthcare Private Limited
- 16.3.15.1 Company Overview
- 16.3.15.2 Product Portfolio
- 16.3.16 Suru International Private Ltd.
- 16.3.16.1 Company Overview
- 16.3.16.2 Product Portfolio
- 16.3.17 Teleflex Incorporated
- 16.3.17.1 Company Overview
- 16.3.17.2 Product Portfolio
- 16.3.17.3 Financials
- 16.3.17.4 SWOT Analysis
- 16.3.18 Terumo Corporation
- 16.3.18.1 Company Overview
- 16.3.18.2 Product Portfolio
- 16.3.18.3 Financials
- 16.3.18.4 SWOT Analysis
- 16.3.19 The Metric Company
- 16.3.19.1 Company Overview
- 16.3.19.2 Product Portfolio
- 16.3.20 Troge Medical GmbH
- 16.3.20.1 Company Overview
- 16.3.20.2 Product Portfolio
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