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Global Blood Bags Market (2021-2026) by Product Type, Application, End-User, Material, Capacity, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 196 Pages
  • June 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5410384
The Global Blood Bags Market is estimated to be USD 391.6 Mn in 2021 and is expected to reach USD 529.76 Mn by 2026, growing at a CAGR of 6.23%.



Market Dynamics

Upsurge in awareness of blood donations among the population and increasing prevalence of leukemia, anemia, hemophilia, myeloma medical ailment propels the market growth. Additionally, the rise in diagnostic centers by governments and non-profitable organizations, increasing healthcare infrastructure investments, and the rising number of medical research laboratories have enhanced the growth of the market. Escalation in demand for a collection of blood due to a surge of transfusion measures, increasing trauma injury cases & surgical procedures, and the government initiative for blood donation in developing nations are acting as principal factors for the growth of the global blood bags market.

However, the absence of infrastructure amenities to collect blood and store, stringent government rules and regulations in the utilization of plastics, and the adverse effects of plastic blood bags creating harmful waste act as the market's major constraints.

Market Segmentation

The Global Blood Bags Market is segmented further based on Product Type, Application, End-User, Material, Capacity, and Geography.

By Product Type, the market is classified as Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, and Penta Blood Bag. Amongst all, the Double Blood Bag segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as Collection Blood Bag and Transfer Blood Bag. Amongst the two, the Transfer Blood Bag segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as Hospitals, Clinics, Ambulatory Surgical Centers, Blood Banks, and Others. Amongst all, the Hospitals segment is estimated to hold the highest market share during the forecast period.

By Material, the market is classified as Polyvinyl Chloride Blood Bag, Polyethylene Terephthalate Blood Bag, and Others. Amongst all, the Polyethylene Terephthalate Blood Bag segment is estimated to hold the highest market share during the forecast period.

By Capacity, the market is classified as 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, and
500 ml Blood Bag. Amongst all, the 300 ml Blood Bag segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Company Profiles

Some of the companies covered in this report are Advacare Pharma, Biotest Biotechnology, BL Life Sciences, CellBios, Demophorius Healthcare, Fresenius, Grifols Pharmaceutical, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Blood Bags Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Blood Bags Market

What is the estimated value of the Global Blood Bags Market?

The Global Blood Bags Market was estimated to be valued at $391.6 Million in 2021.

What is the growth rate of the Global Blood Bags Market?

The growth rate of the Global Blood Bags Market is 6.2%, with an estimated value of $529.76 Million by 2026.

What is the forecasted size of the Global Blood Bags Market?

The Global Blood Bags Market is estimated to be worth $529.76 Million by 2026.

Who are the key companies in the Global Blood Bags Market?

Key companies in the Global Blood Bags Market include Advacare Pharma, Biotest Biotechnology, BL Life Sciences, CellBios, Demophorius Healthcare, Fresenius, Grifols Pharmaceutical, Haemonetics and Innvol Medical.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Rising Geriatric Population
4.1.2 Need of Blood Due to Increasing Number of Accidents & Trauma
4.1.3 Public and Price Organisation Initiatives for Blood Donations
4.1.4 Growing Necessity of Blood Bags in Hospitals for Invasive Surgical Methods
4.2 Restraints
4.2.1 Harmful Waste Created Due to Usage of Blood Bags
4.2.2 Stringent Government Regulations
4.2.3 Undeveloped Blood Collection and Storage Infrastructure in Developing Countries
4.3 Opportunities
4.3.1 Increasing Spending and Improving Healthcare Infrastructure
4.3.2 Increasing Numbers of Mergers and Acquisitions Activity
4.3.3 Growing Demand for Radiofrequency Identification (RFID) Technology
4.4 Challenges
4.4.1 Managing the Blood Safety During Transfusion
4.4.2 Requirement of Maintaining Precise Blood Bag Temperature
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Blood Bags Market, By Product Type
6.1 Introduction
6.2 Single Blood Bag
6.3 Double Blood Bag
6.4 Triple Blood Bag
6.5 Quadruple Blood Bag
6.6 Penta Blood Bag
7 Global Blood Bags Market, By Application
7.1 Introduction
7.2 Collection Blood Bag
7.3 Transfer Blood Bag
8 Global Blood Bags Market, By Material
8.1 Introduction
8.2 Polyvinyl Chloride Blood Bag
8.3 Polyethylene Terephthalate Blood Bag
8.4 Glass
8.5 Others
9 Global Blood Bags Market, By Capacity
9.1 Introduction
9.2 100 ml blood bag
9.3 150 ml Blood Bag
9.4 250 ml Blood Bag
9.5 300 ml Blood Bag
9.6 350 ml Blood Bag
9.7 400 ml Blood Bag
9.8 450 ml Blood Bag
9.9 500 ml Blood Bag
10 Global Blood Bags Market, By End User
10.1 Introduction
10.2 Hospitals
10.3 Clinics
10.4 Ambulatory Surgical Centers
10.5 Blood Banks
10.6 Others
11 Global Blood Bags Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Chile
11.3.4 Colombia
11.4 Europe
11.4.1 UK
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Netherlands
11.4.7 Sweden
11.4.8 Russia
11.4.9 Rest of Europe
11.5 Asia-Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Sri Lanka
11.5.9 Thailand
11.5.10 Rest of APAC
11.6 Middle-East and Africa
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 Advacare Pharma
13.2 Biotest Biotechnology
13.3 BL Life Sciences
13.4 CellBios
13.5 Demophorius Healthcare
13.6 Fresenius
13.7 Grifols Pharmaceutical
13.8 Haemonetics
13.9 HLL Lifecare
13.10 Innvol Medical
13.11 JMS
13.12 Kawasumi Laboratories
13.13 Maco Pharma
13.14 Mitra Industries
13.15 NeoMedic
13.16 Poly Medicure
13.17 Qingdao Hiprove Medical Technologies
13.18 Span Healthcare
13.19 Suru International
13.20 Teleflex
13.21 Terumo
13.22 Metrix Company
13.23 Valmed
13.24 WEGO Healthcare
13.25 Troge Medical
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • Advacare Pharma
  • Biotest Biotechnology
  • BL Life Sciences
  • CellBios
  • Demophorius Healthcare
  • Fresenius
  • Grifols Pharmaceutical
  • Haemonetics
  • HLL Lifecare
  • Innvol Medical
  • JMS
  • Kawasumi Laboratories
  • Maco Pharma
  • Mitra Industries
  • NeoMedic
  • Poly Medicure
  • Qingdao Hiprove Medical Technologies
  • Span Healthcare
  • Suru International
  • Teleflex
  • Terumo
  • Metrix Company
  • Valmed
  • WEGO Healthcare
  • Troge Medical