What is Disposable Plastic Blood Bag Market?
A disposable plastic blood bag is a biomedical device that is used in the collection and transportation of blood. It also helps in the separation of blood components, such as plasma, platelets and cryoprecipitate, that are used to treat a range of blood disorders. These 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.
The market study is being classified by Type (Single Blood Bags, Double Blood Bags, Triple Blood Bags, Quadruple Blood Bags and Others), by Application (Blood Banks, Hospitals, Clinics and Others) and major geographies with country level break-up.
Terumo Corporation (Japan), Weigao Holding Company Limited (China), Fresenius Medical Care AG & Co. KGaA (Germany), Grifols, S.A. (Spain), Haemonetics Corporation (United States), Sichuan Nigale Biomedical Co., Ltd. (China), Suzhou Laishi Transfusion Equipment Co., Ltd. (China), AdvaCare Pharma (United States) and Velico Medical, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Neomedic International (Spain) and SURU International Pvt. Ltd. (India).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Disposable Plastic Blood Bag market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Disposable Plastic Blood Bag market by Type, Application and Region.
On the basis of geography, the market of Disposable Plastic Blood Bag has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase in the Blood Transfusion Procedures
- Increased Prevalence of Blood-related Disorders
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Rise in the Healthcare Infrastructure in Developing Regions
- Increased Government Funding for Healthcare Sector
- Growth in the Healthcare Industry
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Disposable Plastic Blood Bag Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users