According to the latest report by IMARC Group, titled “Blood Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global blood bag capacity 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.

Blood bags are bio-medical devices used in the collection, separation, storage, transportation, and transfusion of human blood and its components, including red blood cells (RBC), white blood cells (WBC), and blood platelets. They involve single or multiple bags connected with tubes, needles, needle covers, and clamps. As they aid in minimizing bacterial contamination and improving storage with reduced hemolysis, blood bags are widely adopted in surgery centers, trauma centers, emergency units, ambulatory facilities, and intensive care units (ICUs).

Global Blood Bags Market Trends:

The increasing prevalence of chronic medical conditions and blood-related disorders requiring surgical interventions represents one of the key factors positively influencing the demand for blood bags worldwide. In addition, the growing number of fatal road accidents is influencing the market positively. Apart from this, rising investments in healthcare infrastructure and the increasing number of blood banks, medical research laboratories, and diagnostic centers by various government bodies and non-profit organizations are impelling the market growth.

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Global Blood Bags Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Advacare Pharma, BL Life Sciences Private Limited, Demophorius Healthcare Ltd, Fresenius SE & Co. KGaA, Grifols S.A., Haemonetics Corporation, HLL Lifecare Limited, Innvol, 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 Metrix Company Ltd. and Troge Medical GmbH.

The report has segmented the market on the basis on region, 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 Centre
• Blood Banks
• Others

Breakup by Material:

• Poly Vinyl Chloride Blood Bag
• Polyethylene Terephthalate Blood Bag
• Others

Breakup by Capacity:

• 100 ml Blood Bag
• 150 ml Blood Bag
• 250 ml Blood Bag
• 300 ml Blood Bag
• 350 ml Blood Bag
• 400 ml Blood Bag
• 450 ml Blood Bag
• 500 ml Blood Bag

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
  Comprehensive Mapping of the Competitive Landscape
  If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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