MRRSE has added a new research report on the "Global Market Study on Disposable Blood Bags: Increasing Tender Based Procurement of Blood Collection Bags by Not-For-Profit Organizations and Public Healthcare Facilities to Drive Market by 2024" to its collection.

1. Disposable Blood Bags Market is expected to reach US$ 409.2
Mn by 2024 end
Report Description
Blood bag systems are disposable bio-medical products
designed for collection, storage, transportation, and
transfusion of human blood and blood-derived products.

2. Disposable plastic blood bags are utilized in hospitals, blood
banks, government programs, and non-governmental
organizations (NGOs) for collecting, storing, processing, and
transporting blood collected during blood donation programs.
The global disposable plastic blood bags market is segmented
on the basis of product type, sales channel, and end user.
Increasing prevalence of blood-related disorders and rising
demand for blood collection and transfer bags are expected to
drive growth of the global disposable plastic blood bags
market during the forecast period (2016–2024). Additionally,
increasing demand for blood-derived products and surge in
transfusion procedures are expected to fuel demand for
disposable plastic blood bags during the forecast period.

3. Factors such as increasing incidence of trauma/accidental
injuries and tender-based purchases by governments of
developing countries coupled with customized blood bags
with tracking systems offered by blood bags manufacturers
and easy availability of value-added products for blood
collection are expected to boost growth of the global
disposable plastic blood bags market. However, factors such
as lack of infrastructure facilities for blood collection &
storage and low awareness about voluntary blood donation
initiatives are expected to hamper growth of the global
disposable plastic blood bags market over the forecast
period.

4. Request a Sample Copy of the Report @
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Government encouragement for increasing usage of
biocompatible PVC blood bags and low prices of plastic blood
bags owing to tender-based purchases are factors expected to
fuel demand for blood bags during the forecast period.
The global disposable plastic blood bags market is estimated
to be valued at US$ 198.1 Mn by 2016 end and is expected
to reach US$ 409.2 Mn by 2024 end. Global consumption of
disposable plastic blood bags is expected to exceed 320 Mn
units by 2024 end, increasing at a CAGR of 11.9% over the
forecast period.

5. On the basis of product type, the global disposable plastic
blood bags market is segmented into collection bags (further
sub-segmented into single collection, double collection, triple
collection, and quadruple collection) and transfer bags. In
terms of value, collection bags product type segment is
estimated to account for over ~71% market share of the
global market by 2016 end.
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On the basis of sales channel, the global disposable plastic
blood bags market is segmented into tender sales and private

6. sales. In 2015, tender sales segment was valued at US$ 112.9
Mn. In terms of volume, tender sales channel segment is
expected to expand at a CAGR of 9.9% over the forecast
period. This is attributed to tender sales being the most
preferred way of blood bags procurements by healthcare
settings worldwide.
On the basis of end user, the global disposable plastic blood
bags market is segmented into hospitals, blood banks, and
NGOs. In 2015, blood banks end user segment was pegged at
91 Mn units of disposable plastic blood bags. In terms of
value. Hospitals end user segment is expected to account for
~5% share of the global disposable plastic blood bags

7. market, owing to increasing privatization of healthcare
services in countries such as India and China.
The global disposable plastic blood bags market has been
segmented into five major regions, namely North America,
Latin America, Europe, Asia Pacific, and the Middle East &
Africa. In terms of value, APAC is estimated to dominate the
global disposable plastic blood bags market, with over 34.8%
share of the global market in the year 2016. The markets in
North America and Europe are expected to register significant
growth over the forecast period, owing to increasing demand
for blood and blood components.

8. Read Complete Report with TOC @
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Some of the key players identified in the global disposable
plastic blood bags market report are Fresenius SE & Co.
KGaA, Terumo Corporation, Grifols, S.A., MacoPharma, S.A.,
HLL Lifecare Limited, Poly Medicure Limited, INNVOL
Medical India Limited, and Span Healthcare Private Limited.
The report also includes identification of company-specific
strategies related to manufacturing and marketing activities,
and analyses of the various market players’ specific strengths,
weaknesses, opportunities, and threats.
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