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


  • Published On : Sep-2016 |
  • Pages : 177 Pages |
  • Format :

This Persistence Market Research (PMR) report examines the ‘Global Disposable Plastic Blood Bags Market’ for the period 2016–2024. The primary objective of the report is to offer updates and information related to market opportunities in the global disposable plastic blood bags market.

REPORT DESCRIPTION

Disposable plastic blood bags are biocompatible bags intended for collection, storage, transportation, and transfusion of human blood and blood products such as blood plasma, platelets, etc. The report considers disposable plastic blood bags for blood collection and blood product transfer as separate product type segments. Disposable plastic blood bags are utilized by various organizations such as hospitals, blood banks, government programs, non-governmental organizations (NGOs) etc. for collection, storage, processing and transport of blood collected during blood donation programs. To understand and analyse the market correctly, the report is segmented into product type, end user, indication, and region.

Rising demand for blood-derived products and increasing prevalence of blood-related disorders such as haemophilia, leukaemia etc. are expected to boost growth of the global disposable plastic blood bags market over forecast period 2016–2024. Moreover, increasing tender purchasing activities in developed countries, introduction of technologically advanced blood collection products, availability of customized blood bags with tracking systems, etc. are factors expected to drive growth of the global disposable plastic blood bags market during the forecast period. Key players in the global disposable plastic blood bags market are focusing on partnerships and alliances with distributors as well as institutions such as hospitals, blood banks etc. to drive revenues and increase market penetration.

Global disposable plastic blood bags market has been segmented on the basis of:

  • Product type
  • Sales Channel
  • End User
  • Region

The report analyses the global disposable plastic blood bags market in terms of value (US$ Mn) and volume (thousand units). The report begins with the market definition and defining different product types, sales channels, and end users. Pricing assumptions provided in the introductory section enables the client to perceive the pricing comparison represented in the subsequent section of regional average pricing analysis.  Value chain analysis is designed to provide a client with analysis of pricing margin between different participants operating in the global disposable plastic blood bags market. The market dynamics section includes PMR’s analysis on key trends, drivers, restraints, opportunities, and macro factors influencing behaviour of the global antibodies market. Impact analysis of key growth drivers and restraints based on weighted average model has also been included in the report to better equip clients with crystal clear decision making insights.

The next section of the report analyses the market based on product type and presents the forecast in terms of value and volume for the next eight years.

Product types covered in the report include:

  • Collection Bags
    • Single Collection
    • Double Collection
    • Triple Collection
    • Quadruple collection
  • Transfer Bags

Collection bags product type segment dominates the global market for disposable plastic blood bags in terms of revenue, owing to increasing adoption of automated techniques for blood collection. Single collection bags sub-segment currently accounts for comparatively higher market share among the collection bags product type segment. Triple and quadruple blood bags sub-segments revenue is expected to witness significant growth over the forecast period owing to increasing demand for blood components, driven by increasing incidence of blood disorders and trauma injuries.

The next section of the report analyses the market based on sales channel and presents forecast in terms of value and volume for the next eight years.

Sales channels covered in this report are:

  • Tender Sales
  • Private Sales

Tender sales channel segment is expected to account for majority revenue share contribution to the global disposable plastic blood bags market over the forecast period due to focused growth strategies of blood bags manufacturers through tender process owing to high profit margins.

The next section of the report analyses the market based on end users and presents forecast in terms of value for the next eight years.

End users considered in the report include:

  • Blood Banks
  • Hospitals
  • Non-governmental Organizations (NGOs)

Furthermore, the report analyses the market based on regions and presents forecast in terms of value and volume for the next eight years.

Regions covered in the report include:

  • North America
  • Latin America
    • Mexico
    • Rest of Latin America
  • Europe
    • Ukraine
    • Georgia
    • Belarus
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Bangladesh
    • Myanmar
    • Rest of APAC
  • Middle East & Africa (MEA)
    • Middle East
    • South Africa
    • Egypt
    • Nigeria
    • Ethiopia
    • Rest of MEA

In addition, we have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global disposable plastic disposable blood bags market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective of the disposable plastic blood bags market. To understand key growth segments, Future Market Insights provides the ‘Attractiveness Index’ analysis. The resulting index helps providers to identify real market opportunities.

In the final section of the report on the global disposable plastic blood bags market, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view, to access the key differentiators among competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the disposable plastic blood bags value chain and the potential players with regard to the same. However, this section also includes market strategies and SWOT analysis of the main players in the market.

Detailed profiles of medical device companies are also included in the scope of the report to evaluate their long-term and short-term strategies. Key players in the market include 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.

Blood bag systems are disposable bio-medical products designed for collection, storage, transportation, and transfusion of human blood and blood-derived products. 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. 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.

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.

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.

On the basis of sales channel, the global disposable plastic blood bags market is segmented into tender sales and private 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 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.

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.

disposable-plastic-blood-bags-market

 Company Profiles

  • Poly Medicure Limited
  • Grifols, S.A.
  • Macopharma Bharat Transfusion Solution
  • Fresenius Kabi India Pvt. Ltd.
  • TERUMO PENPOL Pvt. Limited
  • HLL Lifecare Limited
  • Span Healthcare Private Limited
  • Others 
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