Disposable Blood Bags Market Boosting The Growth: Market Dynamics And Trends, Efficiencies Forecast 2026
Disposable
blood bags are used for collection, storage, transportation,
and transfusion of human blood and blood components. These bags are
manufactured from bio-compatible PVC, compounded with suitable
additives, which is not reactive to blood components. Disposable
blood bags replace the use of glass bottles as glass bottles require
thorough cleaning, rinsing, and autoclaving procedures as well as
there are chances of its breakage at any stage. Furthermore, the use
of disposable bags eliminates the possibility of any contamination.
Market Dynamics
Demand for
disposable blood bags are witnessing significant growth owing to
rising prevalence of blood related disorders and increasing number of
road accidents that require blood transfusion. Blood transfusion is
commonly used for supportive care in transplant surgery,
cardiovascular surgery, massive trauma, and haematological therapy.
According to New York Blood Center (NYBC) 2018 data, car accident and
trauma victims may need over 50 red cell transfusions during entire
treatment process.
Moreover, growing
aging population, rising government initiatives, and increasing
awareness for blood donation are major factors driving growth of the
disposable blood bags market. For instance, according to the WHO
report of 2016, approximately 112.5 million units of donated blood
are collected annually worldwide. All these factors are expected to
give significant thrust to the size of the global disposable blood
bags market.
Increasing
Prevalence of Blood Related Disorders such as Blood Cancer, Anemia,
Sickle Cell Disease, Hemophilia, and Other Rare Blood Disorders is
Expected to Drive the Disposable Blood Bags Market Revenue
Rising prevalence of
diseases such as cancer and various blood related disorder (anemia,
hemophilia, and sickle cell disease) is increasing demand for blood
transfusion, which eventually drives growth of the disposable blood
bags market. For instance, according to Red Cross Blood Organization
facts of 2017 about blood needs, sickle cell disease affects 90,000
to 100,000 people in the U.S. and approximately 1,000 babies are born
with the disease each year. Sickle cell patients often require blood
transfusions throughout their lives.
Disposable Blood
Bags Market Restraints
Though the demand
for blood transfusion is huge worldwide, there is a shortfall in
blood supplies in low-income countries due to lack of a robust
infrastructure for blood collection, distribution, and storage. In
most of the emerging economies, there is no national blood service as
a result organizations are struggling to provide blood to meet the
needs of the population.
Moreover, the
medical infrastructure is also poor in these countries. Patients, in
need of blood transfusion, are often located at great distances from
hospitals and clinics, pushing up mortality rates. Production of
disposable blood bags is stacked due to the presence of numerous
stringent standards and regulations starting from manufacturing to
marking for disposable blood bags.
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Disposable Blood
Bags Market - Regional Insights
On the basis of
region, the global disposable blood bags market is segmented into
North America, Latin America, Europe, Asia Pacific, Middle East, and
Africa. In 2026, North America is expected to hold the leading
position in the global disposable blood bags market, owing to
well-established medical and healthcare infrastructure providing
timely blood transfusion services. Growing awareness among people for
blood donation is also a major factor driving growth of the
disposable blood bags market. According to the Red Cross Blood
Organization blood supply statistics of 2017, an estimated 6.8
million people in the U.S. donate blood every year.
Disposable Blood
Bags Market - Competitive Landscape
Key players
operating in the global disposable blood bags market include
AdvacarePharma, Fresenius Kabi, Grifols, HLL Lifecare, Haemonetics
Corporation, Macopharma, Neomedic, Poly Medicure, SURU International,
Span Healthcare, and TERUMO PENPOL. Use of biosafety materials in the
manufacturing of blood bags and favorable support from government
authorities is expected to create huge growth opportunities for
disposable blood bag manufacturers.
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