Disposable Blood Bags Market Size, Share, Opportunities, And Trends By Product (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag), By End-Users (Hospitals, Blood Bank, Non-Governmental Organizations (NGO’s)), And By Geography - Forecasts From 2025 To 2030
- Published : Feb 2025
- Report Code : KSI061610492
- Pages : 146
Disposable Blood Bags Market Size:
The disposable blood bags market is projected to grow at a CAGR of 8.36% during the forecast period 2025 to 2030.
A sterile, transparent plastic device used for the transfer, storage, collection, and transfusion of blood and its components is known as a disposable blood bag. The disposable blood bag is made up of many bags that are connected by tubes, clamps, needles, and needle covers. A blood bag is made of biocompatible PVC materials and additives to keep blood and its components safe until they are transfused or used again.
The market is growing due to an increase in blood transfusion operations and an increase in the frequency of injuries and accidents throughout the world. Furthermore, the rising prevalence of different blood-related disorders is projected to drive market expansion. However, dangers associated with blood transfusions and a lack of blood donors in undeveloped areas stymie the disposable blood bag market's expansion. During the projected period, however, rising healthcare infrastructure and attractive possibilities in emerging nations are likely to create significant opportunities for key market players.
Disposable Blood Bags Market Growth Drivers:
Increasing number of accidents and road traffic injuries are key drivers of market growth.
During the analysis period, a rise in the number of road traffic accidents is projected to boost demand for blood and blood products. According to the data by World Health Organization updated in December 2023, every year, roughly 1.19 million people's lives are cut short as a consequence of a traffic accident. Non-fatal injuries affect an additional 20 to 50 million individuals. The majority of countries lose 3% of their GDP due to road accidents. Despite having around 60% of the world's automobiles, low- and middle-income nations account for 92% of all road deaths. The injured lose a lot of blood when met with these accidents; hence, surge in the number of road accidents is expected to significantly contribute to the market growth.
The increasing prevalence of blood-related disorders is contributing to market expansion.
During the projected period, the worldwide disposable blood bags market is predicted to expand due to the growing incidence of blood-related illnesses and the rising need for blood collection and transfer bags. Every year, millions of individuals are affected by blood disorders as per the US National Heart, Lung, and Blood Institute. Anemias, venous thromboembolism, hemophilia, and other bleeding disorders are hereditary and acquired illnesses that affect red and white blood cells, platelets, bone marrow, vascular endothelium, and plasma proteins. These disorders can induce aberrant blood cell activity, which can lead to illness or have an impact on general health. As reported by the US CDC in its latest update, sickle cell disease (SCD) affects about 100,000 people in the United States. SCD affects around 1 in every 365 Black or African-American babies born. SCD affects around 1 in every 16,300 Hispanic-American babies born. Sickle cell trait affects about 1 in every 13 Black or African-American infants. Hence, the inclining prevalence of blood-related disorders is to contribute to disposable blood bags market expansion.
The surge in transfusion procedures is expected to fuel the market demand.
As per the data by World Health Organization updated in June 2023, in 50 percent of hospitals that do transfusions, transfusion committees are present: 65 percent in high-income nations, 35 percent in upper-middle-income countries, 31 percent in lower-middle-income countries, and 25 percent in low-income countries. From 2013 to 2018, 156 countries reported an increase of 7.8 million blood donations from unpaid volunteers. The highest increase of voluntary unpaid blood donations is in the Region of the Americas (25%) and Africa (23%). The maximum increase in absolute numbers was reported in the Western Pacific Region (2.67 million donations), followed by the Americas (2.66 million donations) and South-East Asia (2.3 million). This increase in blood donations and transfusion procedures is one of the reasons for augmenting the disposable blood bags demand.
Tender-based purchases by developing-country governments, along with customized blood bags with monitoring systems supplied by blood bag manufacturers and the simple availability of value-added goods for blood collection, are likely to drive the worldwide disposable blood bag market. Encouragement from the government to use biocompatible PVC blood bags, as well as cheap pricing for plastic blood bags due to tender-based purchasing, are likely to boost demand for blood bags in the future.
Over the forecast period, rising research and development efforts, as well as increasing demand for better blood collection technologies, are projected to provide significant revenue opportunities for players in the global disposable blood bags market.
Lack of adequate required infrastructure to restrain the market growth.
However, a significant factor projected to limit the growth of the worldwide disposable blood bags market throughout the forecast period is a lack of adequate healthcare infrastructure for blood collection, storage, and distribution across various low-income nations.
Because of the widespread usage of blood tests and a significant number of research and development activities in the region, North America was identified as the leading market for disposable blood bags globally. In addition, the United States and Canada have successfully used a considerable number of blood bags. As a result, the market for disposable blood bags in North America is expected to grow over the projected period. Furthermore, the existence of well-established healthcare institutions, government measures to promote the usage of disposable blood bags, and continually improving sterility factors would drive the market shortly in the area.
During the projected period, Asia Pacific is expected to be the fastest-growing market for disposable blood bags. The rising number of accidents, as well as the rising number of blood transportation and transfusion operations, are major drivers driving the disposable blood bags market in the Asia Pacific. As growing economies in the area, China and India will progressively contribute to the expansion of the disposable blood bag market in the Asia Pacific.
The global disposable blood bags market report deep-dives into the global industry landscape and provides a strategic and executive level-level insights complemented by data-driven analysis and forecasts. The report is updated regularly to help the decision-makers with actionable intelligence into the current market trends, emerging opportunities and competitive intelligence. The report also explores the demand for different types like collection bag and transfer bag along with showcases their demand across geographies. The latest technological advancements in the disposable blood bags market in addition to key government policies and regulations and macroeconomic factors are also analysed to present a holistic view of the market.
Disposable Blood Bags Market Segmentation:
The disposable blood bags market is analysed by type into the following:
- Collection Bag
- Transfer Bag
Disposable Blood Bags Market Segmentation by product:
Disposable blood bag is one of the largest market segments. The report analysed the disposable blood bags market into different segments as below:
- Single Blood Bag
- Double Blood Bag
- Triple Blood Bag
- Quadruple Blood Bag
Disposable Blood Bags Market Segmentation by end-users:
- Hospitals
- Blood Bank
- Non-Governmental organizations (NGO’s)
Disposable Blood Bags Market Segmentation by regions:
The study also analysed the Disposable Blood Bags Market into the following regions, with country level forecasts and analysis as below:
- North America (US, Canada and Mexico)
- South America (Brazil, Argentina, and Rest of South America)
- Europe (Germany, UK, France, Spain and Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE and Rest of Middle East and Africa)
- Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)
Disposable Blood Bags Market Competitive Landscape:
The global disposable blood bags market is marked by the presence of key players such as Fresenius SE & Co. KGaA, Terumo Corporation, Grifols, S.A, MacoPharma, S.A, HLL Lifecare Limited, Poly Medicure Limited, INNVOL Medical India Limited, Span Healthcare Private Limited, Haemonetics Corporation, and Neomedic International among others.
Disposable Blood Bags Market Report Coverage:
This report provides extensive coverage as explained in the points below:
- Disposable Blood Bags Market size, forecasts and trends by different types. The section provides historical revenue data with analysis focusing on key factors driving the collection bag and transfer bag segments. The current challenges faced by key market players and what are the major growth areas.
- Disposable Blood Bags Market size, forecasts and trends by product. The section provides historical revenue data with analysis focusing on different segments given.
- Disposable Blood Bags Market size, forecasts and trends by end-users. The section provides historical revenue data with analysis focusing on sales and revenue of hospitals, blood banks, and NGOs.
- Disposable Blood Bags Market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth.
- Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
- Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
- Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.
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Disposable Blood Bags Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 8.36% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in the Disposable Blood Bags Market |
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Customization Scope | Free report customization with purchase |
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Frequently Asked Questions (FAQs)
The disposable blood bags market is expected to grow at a CAGR of 8.36% during the forecast period.
Rising blood donations, increasing disease prevalence, advancements in healthcare, and government initiatives drive market growth.
The North American region is anticipated to hold a significant share of the disposable blood bags market.
The disposable blood bags market has been segmented by Product, End-Users, and Geography.
Prominent key market players in the disposable blood bags market include Fresenius SE & Co. KGaA, Terumo Corporation, Grifols, S.A., Macopharma, S.A., HLL Lifecare Limited, Poly Medicure Limited, INNVOL Medical India Limited, Span Healthcare Private Limited, and among others.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. DISPOSABLE BLOOD BAGS MARKET BY TYPE
5.1. Introduction
5.2. Collection Bag
5.3. Transfer Bag
6. DISPOSABLE BLOOD BAGS MARKET BY PRODUCT
6.1. Introduction
6.2. Single Blood Bag
6.3. Double Blood Bag
6.4. Triple Blood Bag
6.5. Quadruple Blood Bag
7. DISPOSABLE BLOOD BAGS MARKET BY END-USER
7.1. Introduction
7.2. Hospitals
7.3. Blood Bank
7.4. Non-Governmental organizations (NGO’s)
8. DISPOSABLE BLOOD BAGS MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indosneisa
8.6.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Fresenius SE & Co. KGaA
10.2. Terumo Corporation
10.3. Grifols, S.A
10.4. MacoPharma, S.A
10.5. HLL Lifecare Limited
10.6. Poly Medicure Limited
10.7. INNVOL Medical India Limited
10.8. Span Healthcare Private Limited
10.9. Haemonetics Corporation
10.10. Neomedic International
11. APPENDIX
11.1. Currency
11.2. Assumptions
11.3. Base and Forecast Years Timeline
11.4. Key benefits for the stakeholders
11.5. Research Methodology
11.6. Abbreviations
Fresenius SE & Co. KGaA
Terumo Corporation
Grifols, S.A.
Macopharma, S.A.
HLL Lifecare Limited
Poly Medicure Limited
INNVOL Medical India Limited
Span Healthcare Private Limited
Haemonetics Corporation
Neomedic International
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