Disposable Blood Bags Market, By Product Type (Collection Bags (Single Collection Bags, Double Collection Bags, Triple Collection Bags, Quadruple Collection Bags), Transfer Bags) By End User ( Blood Banks, Hospitals, Non – Government Organization (NGO)), By Channel ( Tender Sales, Private Sales), and By Region ( North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Mar 2023

Code : CMI2170

Pages :120

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Disposable Blood Bags Market : Key Developments

Major players in the market are focused on expanding their production capacity. For instance, In April 2021, Grifols acquired the seven US plasma donation centers from Kedrion for USD 55.2 million. From the acquisition, Grifols is expected to gain immediate access to the plasma obtained in these centers, which obtain approximately 240,000 liters per year.

Global Disposable Blood Bags Market : Restraint

Lack of infrastructure facilities

Lack of infrastructure facilities for blood collection and storage in emerging economies is expected to hinder the growth of the market. Blood collection centres in African countries such as Nigeria, Egypt, and Ethiopia are lagging in terms of blood processing infrastructure. Hence, demand for single blood bags over others in such countries is significantly high. Moreover, a low number of voluntary blood donations is also expected to hinder the growth of the market.

Global Disposable Blood Bags Market : Opportunities

Use of non- Polyvinyl chloride (PVC) materials in blood collection bags is expected to offer lucrative growth opportunities for players in the market. Non-PVC plastic blood bags, also known as PVC-free bags, have emerged as an alternative to PVC blood bags. Non-PVC bags are made from ethylene vinyl acetate (EVA) and multilayer polyethylene. The commercialization of non-PVC blood bags is expected to provide promising growth opportunities for players in the market. Manufacturers can focus on developing bioplastics to reduce the amount of single-use plastic. Moreover, the development of the plug-and-play system that uses natural-product-based components to develop polymers similar to plastics is also expected to aid in the growth of the market.