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Disposable Plastic Blood Bag Market Insight, Size, Share, Growth and Forecast to 2020

P&S Market Research
Posted on: 26 Sep 16
Disposable Plastic Blood Bag Market Insight, Size, Share, Growth and Forecast to 2020

The global disposable plastic blood bag market accounted for $286.5 million in 2014, and it is expected to grow with a CAGR of 9.2% during 2015-2020. The single disposable blood bag segment dominated the global disposable plastic blood bag market with about 75% share in 2014. Among end-user, hospital is the largest and fastest growing market in the global disposable plastic blood bag market.

Disposable plastic blood bag market is escalating with a significant growth rate due to increasing prevalence of chronic diseases and growing aging population. In addition, rising initiatives undertaken by government associations to boost awareness about blood donations and advanced features of disposable plastic blood bags are also supporting the growth of the global disposable plastic blood bag market.

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Disposable plastic blood bags are bio-medical devices which are used in the collection and transportation of human blood. These bags also help in the separation of blood components, such as platelets, plasma and cryoprecipitate, that are used to treat a range of blood disorders. Plastic blood bags consist of a single pouch or multiple pouches connected with tubes, needles, and clamps that help in the collection of blood and blood components. These bags have completely replaced glass bottles for collection and transportation of blood. This is due to excessive cleaning and autoclaving requirements of glass bottles.

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Increasing numbers of mergers and acquisitions activity and increasing usage of radiofrequency identification (RFID) technology in blood bags are some of the major trends in the global disposable plastic blood bag market.

The key companies operating in the global disposable plastic Blood bag market include Haemonetics Corporation, JMS Co., Ltd., Kawasumi Laboratories, Inc., Grifols International S.A., AdvaCare Pharma, Fresenius SE & Co. KGaA, Terumo Corporation, Macopharma, Genesis BPS, SURU International Pvt. Ltd., Shanghai Transfusion Technology Co., Ltd., Nigale Biomedical Inc. of Sichuan Province Corporation (Nigale), Neomedic Limited, and Shandong Weigao Group Medical Polymer Company Limited.

This research offers actual historical market size (2011 – 2014) and forecast (2015 – 2020) of the global disposable plastic blood bag market in the U.S. dollars.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.


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P&S Market Research

Last updated on: 26/09/2016

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