Blood bags market, forecast and opportunities, 2025 - Techsci Research

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PUBLISHED: MAY 2020

2015 – 2025 GLOBAL BLOOD BAGS MARKET BY PRODUCT, BY TYPE, BY VOLUME,

BY MATERIAL, BY END USER, BY REGION,

MARKET

INTELLIGENCE

.

CONSULTING

© TechSci Research

COMPETITION, FORECAST AND OPPORTUNITIES

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Table of Contents S. No.

Contents

1.

Product Overview

2.

Research Methodology

3.

Executive Summary

4.

Voice of Customer

5.

Global Blood Bags Market Outlook Market Size & Forecast 5.1.1. 5.2.

5.3. 6.

By Value & Volume

Market Share & Forecast 5.2.1.

By Product (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag)

5.2.2.

By Type (Collection Bag, Transfer Bag)

5.2.3.

By Volume (100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml)

5.2.4.

By Material (PVC, PET, Others)

5.2.5

By End-User (Hospitals, Clinics, Ambulatory Surgical Center, blood banks, Others)

5.2.6.

By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)

5.2.7.

By Company (2019)

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5.1.

Market Attractiveness Index

Asia-Pacific Blood Bags Market Outlook

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Table of Contents S. No.

Contents Market Size & Forecast 6.1.1. 6.2.

By Value & Volume

Market Share & Forecast 6.2.1.

By Product

6.2.2.

By Type

6.2.3.

By Volume

6.2.4

By Material

6.2.5.

By End-User

6.2.6.

By Country (China, India, Japan, South Korea, Singapore, Australia)

6.3.

Asia-Pacific: Country Analysis

6.4.

China Blood Bags Market Outlook 6.4.1.

Market Size & Forecast 6.4.1.1.

6.4.2.

By Value

Market Share & Forecast 6.4.2.1.

By Product

6.4.2.2.

By Type

6.4.2.3.

By Volume

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6.1.

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Table of Contents S. No.

Contents By Material

6.4.2.5.

By End-User

India Blood Bags Market Outlook 6.5.1.

Market Size & Forecast

6.5.1.1. 6.5.2.

6.6.

By Value

Market Share & Forecast 6.5.2.1.

By Product

6.5.2.2.

By Type

6.5.2.3.

By Volume

6.5.2.4.

By Material

6.5.2.5.

By End-User

Japan Blood Bags Market Outlook 6.6.1.

Market Size & Forecast

6.6.1.1. 6.6.2.

By Value

Market Share & Forecast 6.6.2.1.

By Product

6.6.2.2.

By Type

6.6.2.3.

By Volume

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6.5.

6.4.2.4.

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Table of Contents S. No.

Contents By Material

6.6.2.5.

By End-User

South Korea Blood Bags Market Outlook 6.7.1.

Market Size & Forecast

6.7.1.1. 6.7.2.

6.8.

By Value

Market Share & Forecast 6.7.2.1.

By Product

6.7.2.2.

By Type

6.7.2.3.

By Volume

6.7.2.4.

By Material

6.7.2.5.

By End-User

Australia Blood Bags Market Outlook 6.8.1.

Market Size & Forecast

6.8.1.1. 6.8.2.

By Value

Market Share & Forecast 6.8.2.1.

By Product

6.8.2.2.

By Type

6.8.2.3.

By Volume

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6.7.

6.6.2.4.

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Table of Contents S. No.

Contents

6.9.

6.8.2.4.

By Material

6.8.2.5.

By End-User

Singapore Blood Bags Market Outlook 6.9.1.

Market Size & Forecast

6.9.1.1. 6.9.2.

Market Share & Forecast 6.9.2.1.

By Product

6.9.2.2.

By Type

6.9.2.3.

By Volume

6.9.2.4.

By Material

6.9.2.5.

By End-User

Europe Blood Bags Market Outlook 7.1.

Market Size & Forecast

7.1.1. 7.2.

By Value & Volume

Market Share & Forecast 7.2.1.

By Product

7.2.2.

By Type

7.2.3.

By Volume

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7.

By Value

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Table of Contents S. No.

Contents 7.2.4

By Material

7.2.5.

By End-User

7.2.6.

By Country (United Kingdom, Italy, France, Germany, Spain)

7.3.

Europe: Country Analysis

7.4.

Germany Blood Bags Market Outlook 7.4.1.

Market Size & Forecast 7.4.1.1.

7.4.2.

Market Share & Forecast 7.4.2.1.

By Product

7.4.2.2.

By Type

7.4.2.3.

By Volume

7.4.2.4.

By Material

7.4.2.5.

By End-User

France Blood Bags Market Outlook 7.5.1.

Market Size & Forecast 7.5.1.1.

7.5.2.

By Value

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7.5.

By Value

Market Share & Forecast

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Table of Contents S. No.

Contents By Product

7.5.2.2.

By Type

7.5.2.3.

By Volume

7.5.2.4.

By Material

7.5.2.5.

By End-User

Italy Blood Bags Market Outlook 7.6.1.

Market Size & Forecast 7.6.1.1.

7.6.2.

7.7.

By Value

Market Share & Forecast 7.6.2.1.

By Product

7.6.2.2.

By Type

7.6.2.3.

By Volume

7.6.2.4.

By Material

7.6.2.5.

By End-User

Spain Blood Bags Market Outlook 7.7.1.

Market Size & Forecast 7.7.1.1

7.7.2.

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7.6.

7.5.2.1.

By Value

Market Share & Forecast

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Table of Contents S. No.

Contents By Product

7.7.2.2.

By Type

7.7.2.3.

By Volume

7.7.2.4.

By Material

7.7.2.5.

By End-User

Russia Blood Bags Market Outlook 7.8.1.

Market Size & Forecast 7.8.1.1.

7.8.2.

7.9

By Value

Market Share & Forecast 7.8.2.1.

By Product

7.8.2.2.

By Type

7.8.2.3.

By Volume

7.8.2.4.

By Material

7.8.2.5.

By End-User

United Kingdom Blood Bags Market Outlook 7.9.1

Market Size & Forecast 7.9.1.1

7.9.2

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7.8.

7.7.2.1.

By Value

Market Share & Forecast

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Table of Contents S. No. 7.9.2.1.

By Product

7.9.2.2.

By Type

7.9.2.3.

By Volume

7.9.2.4.

By Material

7.9.2.5.

By End-User

North America Blood Bags Market Outlook 8.1.

Market Size & Forecast 8.1.1.

8.2.

8.3.

By Value & Volume

Market Share & Forecast 8.2.1.

By Product

8.2.2.

By Type

8.2.3.

By Volume

8.2.4

By Material

8.2.5.

By End-User

8.2.6.

By Country (United States, Mexico, Canada)

United States Blood Bags Market Outlook 8.3.1.

Market Size & Forecast 8.3.1.1.

By Value

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Contents

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Table of Contents S. No.

Contents By Product

8.3.2.2.

By Type

8.3.2.3.

By Volume

8.3.2.4.

By Material

8.3.2.5.

By End-User

Canada Blood Bags Market Outlook 8.4.1.

Market Size & Forecast 8.4.1.1.

8.4.2.

8.5.

By Value

Market Share & Forecast 8.4.2.1.

By Product

8.4.2.2.

By Type

8.4.2.3.

By Volume

8.4.2.4.

By Material

8.4.2.5.

By End-User

Mexico Blood Bags Market Outlook 8.5.1.

Market Size & Forecast 8.5.1.1.

8.5.2.

By Value

Market Share & Forecast 8.5.2.1.

By Product

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8.4.

8.3.2.1.

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Table of Contents S. No. 8.5.2.2.

By Type

8.5.2.3.

By Volume

8.5.2.4.

By Material

8.5.2.5.

By End-User

Middle East & Africa Blood Bags Market Outlook 9.1.

Market Size & Forecast 9.1.1.

9.2.

9.3.

By Value & Volume

Market Share & Forecast 9.2.1.

By Product

9.2.2.

By Type

9.2.3.

By Volume

9.2.4

By Material

9.2.5.

By End-User

9.2.6.

By Country (South Africa, Saudi Arabia, UAE, Kuwait)

South Africa Blood Bags Market Outlook 9.3.1.

Market Size & Forecast 9.3.1.1.

9.3.2.

By Value

Market Share & Forecast

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Contents

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Table of Contents S. No.

Contents By Product

9.3.2.2.

By Type

9.3.2.3.

By Volume

9.3.2.4.

By Material

9.3.2.5.

By End-User

Saudi Arabia Blood Bags Market Outlook 9.4.1.

Market Size & Forecast 9.4.1.1.

9.4.2.

9.5.

By Value

Market Share & Forecast 9.4.2.1.

By Product

9.4.2.2.

By Type

9.4.2.3.

By Volume

9.4.2.4.

By Material

9.4.2.5.

By End-User

UAE Blood Bags Market Outlook 9.5.1.

Market Size & Forecast 9.5.1.1.

9.5.2.

By Value

Market Share & Forecast

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9.4.

9.3.2.1.

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Table of Contents S. No.

Contents 9.5.2.1.

By Product

9.5.2.2.

By Type

9.5.2.3.

By Volume

9.5.2.4.

By Material

9.5.2.5.

By End-User

9.6. Kuwait Blood Bags Market Outlook 9.6.1.

Market Size & Forecast 9.6.1.1.

9.6.2.

Market Share & Forecast 9.6.2.1.

By Product

9.6.2.2.

By Type

9.6.2.3.

By Volume

9.6.2.4.

By Material

9.6.2.5.

By End User

South America Blood Bags Market Outlook 10.1.

Market Size & Forecast 10.1.1.

10.2.

By Value & Volume

Market Share & Forecast 10.2.1.

By Product

10.2.2.

By Type

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10.

By Value

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Table of Contents S. No.

Contents By Volume

10.2.4

By Material

10.2.5.

By End-User

10.2.6.

By Country (Brazil; Argentina; Colombia)

Brazil Blood Bags Market Outlook 10.3.1.

Market Size & Forecast 10.3.1.1.

10.3.2.

10.4.

By Value

Market Share & Forecast 10.3.2.1. By Product 10.3.2.2.

By Type

10.3.2.3.

By Volume

10.3.2.4.

By Material

10.3.2.5.

By End-User

Argentina Blood Bags Market Outlook 10.4.1.

Market Size & Forecast 10.4.1.1.

10.4.2.

By Value

Market Share & Forecast 10.4.2.1.

By Product

10.4.2.2.

By Type

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10.3.

10.2.3.

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Table of Contents S. No.

Contents

10.5.

10.4.2.3.

By Volume

10.4.2.4.

By Material

10.4.2.5.

By End-User

Colombia Blood Bags Market Outlook 10.5.1.

Market Size & Forecast 10.5.1.1.

10.5.2.

Market Share & Forecast 10.5.2.2.

By Product

10.5.2.2.

By Type

10.5.2.3.

By Volume

10.5.2.4.

By Material

10.5.2.5.

By End-User

Market Dynamics 11.1

Drivers

11.2

Challenges

12.

Market Trends & Developments

13.

Competitive Landscape (Top Global Leaders) 13.1. Terumo BCT Inc. 13.2.

Fresenius Kabi

13.3.

Maco Pharma International GmbH

13.4.

Grifols, S.A.

13.5.

Teleflex Incorporated

13.5.

Haemonetics Corporation

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11.

By Value

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Table of Contents

S. No. 13.7.

Neomedic Limited

13.8.

Qingdao Sinoland International Trade Co., Ltd

13.9

Biolife Medical Pvt. Ltd.

13.10.

JMS Co. Ltd

13.11.

Troge Medical GmbH

13.12.

Demophorius Healthcare

13.13

HLL Lifecare Limited

13.14.

Poly Medicure Limited

13.15.

Kawasumi Laboratories, Inc

14.

Strategic Recommendations

15.

About Us and Disclaimer

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Contents

17


© TechSci Research

Product Overview

18


Product Overview

Blood bags are transparent small pouches made from PVC/PET to collect, transport and store blood and its components. Blood bags help in storage of blood and its components by preventing the blood from coagulation and contamination. Blood bags aid in providing aseptic condition for separation of blood and its components. The global blood bags market is currently undergoing rapid growth and is expected to grow at a formidable pace during the forecast period. The global blood bags market is driven by increasing prevalence of the blood related diseases, and

hence, the requirement for blood transfusion.

Market Segmentation By Product

By Material

Single Bag

PVC

Double Bag

PET

Triple Bag

Others

Year Range

Quadruple Bag

Penta Bag

By Volume

Base Year

END USER

100 ml

150 ml

2019

Hospitals

250 ml

Estimated Year

Blood Banks

300 ml

ASCs

2020

350 ml

Others

400 ml

450 ml

500 ml

TYPE •

Collection

Transfer

Forecast Period

2021-2025

© TechSci Research

© TechSci Research

Blood Bags Market

19 19


Š TechSci Research

Research Methodology

20


Research Methodology

In-depth secondary research was conducted to determine top players in the global blood bags market, overall market size and segmental market size.

Formulating Questionnaire

In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide.

Developing List of Respondents

Data Collection

Data Validation

Data obtained as a result of primary and secondary research was validated through rigorous triangulation.

TechSci conducted interviews with industry experts and industry players for data collection and verification.

List of industry players and industry specialists was developed.

Primary Research

Data Collection

Data Filter & Analysis

Research & Intelligence

Actionable Insights

Business Solution

LinkedIn TechSci Internal Database

✓ Recent Developments ✓ Market Changing Aspects/Dynamics ✓ Government Policies ✓ Conclusion

✓ Identifying Key Opinion Leaders ✓ Questionnaire Design ✓ In-depth Interviews

Primary Research ✓ ✓

Desk Research

Secondary Research ✓ ✓ ✓ ✓ ✓ ✓

Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Bodies, Associations, etc.

Data Analysis

The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global blood bags market.

Company Analysis ✓ Market Participants ✓ Key Strengths

Paid Sources

✓ ✓

Factiva Hoovers

© TechSci Research

Market Profiling

© TechSci Research

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Research Methodology Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global blood bags market. The team has analyzed the

outlook of various segments of this market, while considering the major influencing factors such as growing number of healthcare centres including blood banks and rise in demand for sterility in transfusion, transportation and storage of blood, among others. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global blood bags market.

Methodology Followed for Calculation of Market Size:

Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2019 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as blood bag manufacturers, channel partners, market influencers & end users, industry experts, and other industry participants.

The team interviewed more than 25 – 30 blood bag manufacturers, 100 – 120 end users, 20 – 25 industry experts and other value chain stakeholders in the global blood bags market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019.

© TechSci Research

© TechSci Research

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Research Methodology •

Respondents were asked about the current and future market growth rates, market shares by product, by type, by volume, by material, by End-User, by region, and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares: •

Market shares by product, by type, by volume, by material, by End-User, by each region, and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of blood bags markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting: •

TechSci Research performed periodical checks on the data collected through surveys with logical checks and analyzed the results in SPSS/Tableau Software. The currency used in the report is United States Dollar (USD) and all market size numbers are indicated in USD million. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global blood bags market, TechSci Research used various forecast techniques such as: ✓

Moving Average

Regression Analysis

Econometric and Judgmental Analysis

© TechSci Research

© TechSci Research

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Research Methodology TechSci Research used its own forecast model, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and arrive at accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.

Terumo BCT Inc.

Maco Pharma International GmbH

Fresenius Kabi

Grifols, S.A.

Teleflex Incorporated

Haemonetics Corporation

Qingdao Sinoland International Trade Co., Ltd

Key Secondary Sources •

International Monetary Fund

World Bank

TechSci Research Proprietary Database & Knowledge

Repository ▪

Company Annual Reports

Mitra Industries Pvt. Ltd.

Industry Magazines

Suru International Private Ltd.

Industry Reports

HLL Lifecare Limited

JMS Co. Ltd.

Credible Paid Databases

Demophorius Healthcare Ltd

News Dailies

Kawasumi Laboratories, Inc.

International Committee of the Red Cross

Poly Medicure Ltd.

Innvol Medical India Limited

World Health Organization

Neomedic Limited

Canadian Blood Services

AdvaCare Pharma

Japan Blood Products Organization

Troge Medical GmbH

American Cancer Society

UN Comtrade

© TechSci Research

Partial List of Companies Interviewed

© TechSci Research

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INDUSTRY BRIEF According to TechSci Research report, “Global Blood Bags Market By Product (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag), By Type (Collection

Bag, Transfer Bag), By Volume (100ml, 150ml, 250ml,300ml,350ml,400ml,450ml,500ml), By Material (PVC, PET, Others), By End-User (Hospitals, Clinics, Ambulatory Surgical Center, Blood Banks, Others), By Region, Forecast & Opportunities, 2025”, the global market for blood bags is expected to witness significant rate of growth during the coming years as the demand for blood components and blood sterilization is increasing. The world is witnessing rise in trauma and accident cases where victims require blood transfusion. Additionally, increasing prevalence of chronic infections such as AIDS, cancer and other viral infections is creating a demand for blood donation. Hence, there is a surging demand for blood bags, which are used for the storage, collection, transfusion, and transportation of blood along with the blood components such as RBC, WBC, and blood platelets. With the increasing number of hospitals, blood banks and other health centers, the demand for blood bags is also increasing across the globe. Moreover, blood bags manufacturers are also witnessing demand for the sterilization of the blood and its components. Apart from this, the presence of standard healthcare organizations, government initiatives in assisting the use of blood bags, and continuously improving sterility features is anticipated to make blood bags business a lucrative market in during the forecast years.

The global blood bags market is segmented based on product, type, volume, material, end-user and region. Based on product, the market is segmented into single blood bag, double blood bag, triple blood bag, quadruple blood bag and penta blood bag. The single blood bag segment accounted for largest market share and the trend is likely to continue during the forecast period as well as it

finds extensive use in treatment of pediatric disorders. Also, additional storage benefits offered by single collection bags is expected to create a hike in their demand over the coming years.

Terumo Corporation, Maco Pharma International GmbH, Fresenius SE & Co KGaA, Grifols S.A., Innvol Medical India Limited, Neomedic Limited, Teleflex Incorporated, Qingdao Sinoland International Trade Co., Ltd, The Metrix Company Ltd., B L Life Sciences Private Limited, Mitra Industries Pvt. Ltd., Suru International Private Ltd., HLL Lifecare Limited, JMS Co.Ltd., Demophorius Healthcare Ltd, Kawasumi Laboratories, Inc., Poly Medicure Ltd., Shanghai Transfusion Technology Co., Ltd., AdvaCare Pharma and Troge Medical GmbH are some of the leading players operating in global blood bags market. The companies are focusing on development of product portfolio to mark their strong presence in the blood bags market globally. “Scientific enhancements and increase in the requirement for blood transfusion, storage, and transportation is driving the blood bags market across the globe. However, the manufacturers need to © TechSci Research

continuously look for more innovative and environment friendly products to overcome the barriers in the growth of the market. Almost all nations around the world are focusing on boosting their healthcare sectors and hence, the coming years are going to provide huge growth and profit opportunities for blood bags manufacturing companies, worldwide.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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SAMPLE DATA - SNAPSHOT Global Blood Bags Market Size, By Value, 2015-2025F (USD Million) CAGR (2020E-2025F) By Value: xx%

CAGR (2015-2019) By Value: xx%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

North America Blood Bags Market Share, By Product, By Value, 2015-2025F

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Quadruple Blood Bag 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Triple Blood Bag Single Blood Bag

15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

Double Blood Bag

10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%

Penta Blood Bag

50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

PVC

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

30.00%

PET

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

20.00%

Others 50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

50.00%

© TechSci Research

US Blood Bags Market Share, By Material, By Value, 2015-2025F

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REPORT NAME : GLOBAL BLOOD BAGS MARKET BY PRODUCT, BY TYPE, BY VOLUME, BY MATERIAL, BY END USER, BY REGION, COMPETITION, FORECAST AND OPPORTUNITIES, 2015 – 2025

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.

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Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.


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