According to the latest report by IMARC Group, titled “Blood Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global blood bags market to exhibit moderate growth during the next five years.
Blood bags are used for collecting, transferring, storing, and transfusing blood and its components, such as plasma, cryoprecipitate, and platelets. These bags are generally manufactured by using bio-compatible PVC materials and are mostly available in the form of Saline Adenine Glucose Mannitol (SAGM) blood bags, Citrate Phosphate Dextrose Adenine (CPDA) blood bags, and transfer bags. Furthermore, based on the transfusion type, blood bags can be classified into single, double, triple, and quadruple blood collection bags.
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The rising number of fatal accidents, coupled with increasing blood transfusion procedures in the trauma centers, is primarily driving the demand for blood bags. Furthermore, the high prevalence of blood-related disorders, such as anemia, hemophilia, myeloma, leukemia, etc., is also augmenting the need for blood transfusion. Several invasive surgical procedures in the field of neurology, cardiology, oncology, orthopedics, etc., are further bolstering the demand for blood bags. Besides this, growing awareness towards blood donation coupled with increasing demand for plasma therapy is also fueling the market growth. The introduction of several blood donation programs by various government bodies and non-profit organizations will continue to catalyze the market for blood bags.
Blood Bags Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the market on the basis of product type, application, end user, material, capacity and region.
Breakup by Product Type:
Breakup by Application:
Breakup by End User:
Breakup by Material:
Breakup by Capacity:
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Breakup by Region:
Key highlights of the report:
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