The global Disposable Blood Bags market was valued at 246.78 Million USD in 2021 and will grow with a CAGR of 7.12% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Blood bag systems are disposable bio-medical products designed for collection, storage, transportation, and transfusion of human blood and blood-derived products. Disposable plastic blood bags are utilized in hospitals, blood banks, government programs, and non-governmental organizations (NGOs) for collecting, storing, processing, and transporting blood collected during blood donation programs. The global disposable plastic blood bags market is segmented on the basis of product type, sales channel, and end user.Increasing prevalence of blood-related disorders and rising demand for blood collection and transfer bags are expected to drive growth of the global disposable plastic blood bags market during the forecast period (2016-2024). Additionally, increasing demand for blood-derived products and surge in transfusion procedures are expected to fuel demand for disposable plastic blood bags during the forecast period. Factors such as increasing incidence of trauma/accidental injuries and tender-based purchases by governments of developing countries coupled with customized blood bags with tracking systems offered by blood bags manufacturers and easy availability of value-added products for blood collection are expected to boost growth of the global disposable plastic blood bags market. However, factors such as lack of infrastructure facilities for blood collection & storage and low awareness about voluntary blood donation initiatives are expected to hamper growth of the global disposable plastic blood bags market over the forecast period.

By Market Verdors:

Poly Medicure

Grifols

Macopharma Bharat Transfusion Solution

Fresenius Kabi

TERUMO PENPOL

HLL Lifecare

Span Healthcare

By Types:

Collection Bags

Transfer Bags

By Applications:

Blood Banks

Hospitals

Non-governmental Organizations (NGOs)

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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