Disposable Blood Bags Market Size, Trends, Shares, Insights and Forecast – 2018-2026

Page 1

DISPOSABLE BLOOD BAGS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027

© Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Disposable Blood Bags Market - Overview Disposable Blood Bags are used in sold in government hospitals and national blood banks through government contracts and procurements through the bidding process. Privately funded hospitals, clinics, and blood banks also demand for Disposable Blood Bags. NGOs also use disposable plastic blood collection bags during blood donation campaigns. Statistics:

The global Disposable Blood Bags Market is estimated to account for US$ 537.2 Mn in terms of value and 459,040 Thousand Units in terms of volume by the end of 2027. Global Disposable Blood Bags Market: Drivers Increasing initiatives for blood donation are expected to propel growth of the global Disposable Blood Bags market over the forecast period. For instance, in January 2018, New Jersey Health Department encouraged people for blood donations during National Blood Donor Month. Global Disposable Blood Bags Market: Opportunities Recycling of Disposable Blood Bags is expected to offer lucrative growth opportunities for players in the market. Browse Research Reports: https://www.coherentmarketinsights.com/marketinsight/disposable-blood-bags-market-2170 Š Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Key Takeaways: The Collection Bags segment in the global Disposable Blood Bags market was valued at US$ 185.6 Mn in 2019 and is expected to reach US$ 393.4 Mn by 2027 at a CAGR of 9.8% during the forecast period. Increasing prevalence of blood-related disorders is anticipated to assist the growth of the segment during the forecast period.

The Blood Banks segment held dominant position in the global Disposable Blood Bags market in 2019, accounting for 76.7% share in terms of value, followed by hospitals, respectively. Increasing initiatives for blood donation is anticipated assist the market during the forecast period. Market Trends

Introduction of quality system requirements for collection of blood and blood components such as apheresis collection (collection of blood components) is fueling consumption of triple and quadruple collection systems in countries such as the U.S. Moreover, high requirement of plasma and blood components owing to increasing accidental and trauma injuries is driving demands for triple and quadruple blood collection bags to ensure easy and safe transfusion of plasma and blood components. For instance, in March 2020, Amy’s Army, a non-profit organization based in the U.S., partnered with the Blood Bank of Delmarva to host its second annual Blood Drive. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2170 Š Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Food and Drug Administration (FDA) classifies Disposable Blood Bags under class II (performance standards) medical devices as an empty container for the collection and processing of blood and blood components

FDA describes empty containers for the collection and processing of blood and blood components in 21 CFR Sec. 864.9100- Subpart J from part 864 (Hematology And Pathology Devices) of Subchapter H (Medical Devices) According to this section, manufacturer of Disposable Blood Bags are thus required to submit premarket notification 510(k) as mentioned in 21 CFR 807 Subpart E

Global Disposable Blood Bags Market: Competitive Landscape Major players operating in the global Disposable Blood Bags market include, Poly Medicure Limited, Grifols, S.A., Macopharma, Fresenius Kabi India Pvt. Ltd., Terumo Penpol Pvt. Limited, HLL Lifecare Limited, Span Healthcare Private Limited, and Innvol Medical India Limited. Global Disposable Blood Bags Market: Key Developments November 2019: Grifols hosted North Carolina’s first recycling summit to strengthen its commitment to recycling and reuse October 2019: HLL Lifecare Limited launched a “Plastic free HLL” campaign in connection with the ‘Swachhata hi Seva’ (Cleanliness is Service) campaign launched by the Government of India

Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/2170 © Coherent market Insights. All Rights Reserved


ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele.

SERVICES INDUSTRY ANALYSIS

CUSTOMIZED RESEARCH

SYNDICATED RESEARCH

MARKET INTELLIGENCE SERVICES

CONSULT STUDIES

COUNTRY SPECIFIC STUDIES

Š Coherent market Insights. All Rights Reserved


ABOUT CMI SECTOR COVERAGE

BIOTECHNOLOGY

CLINICAL DIAGNOSTIC

HEALTHCARE IT

MEDICAL DEVICES

MEDICAL IMAGING

PHARMACEUTICAL

OUR CLIENTS

 Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators

 Private and Government organization

 Distributors, Retailors and Value Added Resellers

 Outsourcing Companies

 Healthcare IT Solutions Developers

 Universities and Business Schools.

© Coherent market Insights. All Rights Reserved


KEY STATS

RESEARCH SOLUTIONS

100+

FEASIBILITY STUDIES

Insights Published Per Year

GLOBAL REPORTS

150+

Consulting Projects Till Date

COUNTRY ANALYSIS CONSULT PROJECTS

125+

Clients Worldwide Per Year

110+

SURVEY RESEARCH

EXCEL FORECAST DATABASE

CUSTOMIZED SOLUTIONS

COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS

Analysts and Contract Consultants

Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved


THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702

Š Coherent market Insights. All Rights Reserved


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.