Disposable Blood Bags Market Demand 2023- Global Industry Share, Upcoming Trends, Revenue, Key players, Business Opportunities and Forecast Analysis till 2033: SPER Market Research
Biomedical supplies such as disposable blood bags are used in the collection, storage, transportation, and transfusion of blood and its components. They are made of biocompatible PVC and the appropriate additives to ensure that they do not interfere with blood contents. Disposable blood bags are preferable over glass bottles because they must be thoroughly cleaned, washed, and autoclaved, and there is always the chance of breaking. Disposable blood bags also aid in the separation of blood components necessary to treat a variety of blood disorders, such as plasma, platelets, and cryoprecipitate.
According to SPER market research, Disposable Blood Bags Market Size- By Type, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Global Disposable Blood Bags Market is predicted to reach USD 0.42 billion by 2033 with a CAGR of 6.7%.
The rising prevalence of blood-related disorders, as well as rising need for blood collection and transfer bags, are expected to fuel growth in the global disposable blood bag market during the forecast period. Blood problems affect millions of people each year, according to the National Heart, Lung, and Blood Institute in the United States. Red and white blood cells, platelets, bone marrow, vascular endothelium, and plasma proteins are all affected by haemophilia, anaemias, venous thromboembolism, and other bleeding disorders. These diseases can be handed down via families or acquired. These problems can result in aberrant blood cell activity, which can lead to disease or have a severe impact on everyone’s health.
Negligent use of plastic bags or their contamination increases the risk of HIV, hepatitis B or C, and sepsis transmission. For example, Hepatitis C is the most frequent chronic bloodborne disease transmitted through blood transfusion. These hazards are exacerbated in many low-income nations due to a lack of a comprehensive healthcare infrastructure for blood collection, storage, and delivery. This is projected to slow the growth of the global disposable bag market over the forecast year.
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Impact of COVID-19 on Disposable Blood Bags Market
The COVID-19 outbreak is expected to help the global disposable blood bag industry. Passive immunotherapy employing whole blood or plasma from recovered patients has emerged as a viable infection approach in the COVID-19 pandemic. Neutralising antibodies are commonly transfused via convalescent blood in hospitals around the world. As a result, the increasing use of blood and plasma in immunotherapy raises the demand for blood bags, which is expected to fuel market growth.
Disposable Blood Bags Market Key Player
Geographically, North America dominated the disposable blood bag market in 2020 and is likely to do so again during the forecast period, owing to the presence of important players, the development of the healthcare sector, and the introduction of new disposable blood bag products. Some of the market key players are: Fresenius SE & Co. KGaA, Grifols S.A., Haemonetics Corporation, HLL Lifecare Limited.
Disposable Blood Bags Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply Forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Type: Based on the Type, Global Disposable Blood Bags Market is segmented as; Double Blood Bags, Quadruple Blood Bags, Single Blood Bags, Triple Blood Bags.
By End User: Based on the End User, Global Disposable Blood Bags Market is segmented as; Blood Banks, Home Healthcare, Hospitals, NGOs.
By Distribution Channel: Based on the Distribution Channel, Global Disposable Blood Bags Market is segmented as; Private Sales, Tender Sales.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Disposable Blood Bags Market Research Report
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