Market Overview:
The global plastic blood bag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for blood transfusions and rising prevalence of chronic diseases. In addition, the growing awareness about safe blood transfusion practices is also contributing to the growth of this market. Based on type, the global plastic blood bag market can be segmented into single blood bags, double blood bags, triple Blood bags, quadruple Blood Bags and others. Single Blood Bags are expected to account for a major share of this market in 2018 owing to their low cost and easy availability.
Product Definition:
A plastic blood bag is a container made from polyvinyl chloride (PVC) for the storage and transport of human blood.
Single Blood Bags:
Single blood bags are used for the collection of whole blood. It is a simple plastic bag with one large opening at its center, which allows free flow of blood through the bag. The single-use technology has been around for decades and was initially developed in Europe as an alternative to glass bottles and cans. However, it gained prominence only after its adoption in the U.S.
Double Blood Bags:
Double blood bags are two separate blood collection bags connected by a tube. One of the bag contains donor’s blood and other is filled with saline solution. It allows easy transfer of collected blood from donor to patient without any contamination due to presence of fluid connection between the two bags.
It also helps in maintaining sterility and prevents infection formation in collected units, which further help in increasing its shelf life for usage during medical emergencies such as surgeries or hemorrhage cases.
Application Insights:
Based on application, the market is segmented into blood banks, hospitals and others. Blood banks held the largest share in 2017 owing to increasing usage of plastic blood bags by major players in this industry. These companies are investing significantly in order to upgrade their facilities and equipment so as to improve their services for customers. For instance, National Health System (NHS) Blood Services UK Ltd., one of the prominent players operating in this market upgraded its facilities with new technologies such as automated external defibrillators (AEDs) and central venous catheters (CVCs).
The company also introduced a mobile app named ¢â‚¬Å“Bloodwise App¢â‚¬ that helps users find nearest AEDs or CVC stations near them.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies are some of the major factors contributing to its growth. In addition, increasing demand for blood donations is expected to drive the regional market further.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities and growing patient awareness regarding blood donation activities in this region. Moreover, rapidly developing medical tourism industry coupled with rising investments by international companies will boost demand for these bags in this region over the forecast period as well as future years ahead.
Growth Factors:
- Increasing demand for blood transfusion: The global population is aging and with this, the prevalence of chronic diseases is increasing. This has led to an increase in the number of surgeries and blood transfusions. According to a study by Transparency Market Research, the global blood transfusion market is expected to grow at a CAGR of 6% from 2016 to 2024. This will lead to an increase in demand for plastic blood bags.
- Technological advancements: Plastic blood bags are being increasingly used due to their superior properties such as low hemolysis and reduced incidence of bacterial contamination when compared with glass bottles or other types of bags used for storage and transportation of red cells or plasma products. In addition, technological advancements are being made in terms of design which is making these bags more user-friendly. For instance, some new designs have a self-sealing valve that helps reduce the risk of spillage during handling and transport thereby reducing wastage .
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Blood Bag Market Research Report
By Type
Single Blood Bags, Double Blood Bags, Triple Blood Bags, Quadruple Blood Bags, Others
By Application
Blood Banks, Hospitals, Others
By Companies
TERUMO, Weigao, Fresenius, Grifols, Haemonetics, Macopharma, JMS, Sichuan Nigale Biomedical, Suzhou Laishi Transfusion Equipment, Nanjing Cell-Gene Biomedical, AdvaCare, SURU
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Blood Bag Market Report Segments:
The global Plastic Blood Bag market is segmented on the basis of:
Types
Single Blood Bags, Double Blood Bags, Triple Blood Bags, Quadruple Blood Bags, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Blood Banks, Hospitals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TERUMO
- Weigao
- Fresenius
- Grifols
- Haemonetics
- Macopharma
- JMS
- Sichuan Nigale Biomedical
- Suzhou Laishi Transfusion Equipment
- Nanjing Cell-Gene Biomedical
- AdvaCare
- SURU
Highlights of The Plastic Blood Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Blood Bags
- Double Blood Bags
- Triple Blood Bags
- Quadruple Blood Bags
- Others
- By Application:
- Blood Banks
- Hospitals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Blood Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A plastic blood bag is a type of medical device used to collect and store blood.
Some of the major players in the plastic blood bag market are TERUMO, Weigao, Fresenius, Grifols, Haemonetics, Macopharma, JMS, Sichuan Nigale Biomedical, Suzhou Laishi Transfusion Equipment, Nanjing Cell-Gene Biomedical, AdvaCare, SURU.
The plastic blood bag market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Blood Bag Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Blood Bag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Blood Bag Market - Supply Chain
4.5. Global Plastic Blood Bag Market Forecast
4.5.1. Plastic Blood Bag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Blood Bag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Blood Bag Market Absolute $ Opportunity
5. Global Plastic Blood Bag Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Blood Bag Market Size and Volume Forecast by Type
5.3.1. Single Blood Bags
5.3.2. Double Blood Bags
5.3.3. Triple Blood Bags
5.3.4. Quadruple Blood Bags
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Blood Bag Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Blood Bag Market Size and Volume Forecast by Application
6.3.1. Blood Banks
6.3.2. Hospitals
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Blood Bag Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Blood Bag Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Blood Bag Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Blood Bag Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Blood Bag Demand Share Forecast, 2019-2029
9. North America Plastic Blood Bag Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Blood Bag Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Blood Bag Market Size and Volume Forecast by Application
9.4.1. Blood Banks
9.4.2. Hospitals
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Blood Bag Market Size and Volume Forecast by Type
9.7.1. Single Blood Bags
9.7.2. Double Blood Bags
9.7.3. Triple Blood Bags
9.7.4. Quadruple Blood Bags
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Blood Bag Demand Share Forecast, 2019-2029
10. Latin America Plastic Blood Bag Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Blood Bag Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Blood Bag Market Size and Volume Forecast by Application
10.4.1. Blood Banks
10.4.2. Hospitals
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Blood Bag Market Size and Volume Forecast by Type
10.7.1. Single Blood Bags
10.7.2. Double Blood Bags
10.7.3. Triple Blood Bags
10.7.4. Quadruple Blood Bags
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Blood Bag Demand Share Forecast, 2019-2029
11. Europe Plastic Blood Bag Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Blood Bag Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Blood Bag Market Size and Volume Forecast by Application
11.4.1. Blood Banks
11.4.2. Hospitals
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Blood Bag Market Size and Volume Forecast by Type
11.7.1. Single Blood Bags
11.7.2. Double Blood Bags
11.7.3. Triple Blood Bags
11.7.4. Quadruple Blood Bags
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Blood Bag Demand Share, 2019-2029
12. Asia Pacific Plastic Blood Bag Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Blood Bag Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Blood Bag Market Size and Volume Forecast by Application
12.4.1. Blood Banks
12.4.2. Hospitals
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Blood Bag Market Size and Volume Forecast by Type
12.7.1. Single Blood Bags
12.7.2. Double Blood Bags
12.7.3. Triple Blood Bags
12.7.4. Quadruple Blood Bags
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Blood Bag Demand Share, 2019-2029
13. Middle East & Africa Plastic Blood Bag Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Blood Bag Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Blood Bag Market Size and Volume Forecast by Application
13.4.1. Blood Banks
13.4.2. Hospitals
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Blood Bag Market Size and Volume Forecast by Type
13.7.1. Single Blood Bags
13.7.2. Double Blood Bags
13.7.3. Triple Blood Bags
13.7.4. Quadruple Blood Bags
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Blood Bag Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Plastic Blood Bag Market: Market Share Analysis
14.2. Plastic Blood Bag Distributors and Customers
14.3. Plastic Blood Bag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TERUMO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Weigao
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fresenius
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Grifols
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haemonetics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Macopharma
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JMS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sichuan Nigale Biomedical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Suzhou Laishi Transfusion Equipment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanjing Cell-Gene Biomedical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AdvaCare
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SURU
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
