Disposable Blood Bags Market - Forecasts from 2018 to 2023
Disposable Blood Bags are used for storage, collection, and transportation of human blood and its components. and are made up of PVC (polyvinyl chloride) and plastic materials. The key factor driving the demand for disposable blood bags is the rising demand for blood owing to increase in global population with blood-related diseases and advancement of science and technology to cure such diseases. Moreover, growing concerns regarding environmental sustainability are also driving the demand for disposable blood bags across the globe. Initiatives being taken by government organizations for spreading awareness among people about blood donation is also bolstering the growth of this market. However, certain factors like risks related to transfusion of blood and poor infrastructure of blood storage across several geographies remain key challenges to the market growth. North America is the biggest market for the global disposable plastic blood bags due to the increasing number of patients with blood disorders in the region. The Asia Pacific region is anticipated to expand at the highest growth rate in the coming years owing to a large population base and burgeoning demand for blood transfusion.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Disposable blood bags. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Disposable Blood Bags Market has been segmented on the basis of product, end users and geography as follows:
Single Blood Bag
Double Blood Bag
Triple Blood Bag
Quadruple Blood Bag
By End Users
Non-Governmental organizations (NGO’s)
Europe Middle East and Africa
Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Fresenius Kabi India, Span Healthcare, Terumo Penpol, Poly Medicure Limited, HLL Lifecare, Macopharma Bharat Transfusion Solution and Grifols among others.