Global Disposable Blood Bags Market

May 2020| VMR2026A| Verified Market Research

Report Highlights

Disposable Blood Bags Market Size And Forecast

According to Verified Market Research, Global Disposable Blood Bags Market was valued at USD 245.04 Million in 2018 and is projected to reach USD 592.84 Million by 2026, growing at a CAGR of 11.62% from 2019 to 2026.

Global Disposable Blood Bags Market Outlook

The key drivers responsible for the growth of the global disposable blood bags market are the rising incidence of blood-related disorders and increasing number of road accidents that required blood transfusion. Blood transfusion is widely used for supportive care in cardiovascular surgery, transplant surgery, massive trauma, and hematological therapy. According to the New York Blood Center (NYBC), in 2018, car accidents and trauma victims needed more than 50 red cell transfusions during the entire treatment. Moreover, the rising government initiatives for improving healthcare blood management and growing awareness for blood donation are further expected to fuel the market growth. On the other hand, a lack of robust healthcare infrastructure for blood collection, storage, and distribution across various low-income countries is a key factor that might restrict the market growth. 

Global Disposable Blood Bags Market Competitive Landscape 

The Global Disposable Blood Bags Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Fresenius SE & Co. KGaA, Terumo Corporation, Grifols, S.A, MacoPharma, S.A, HLL Lifecare Limited, Poly Medicure Limited, INNVOL Medical India Limited, Span Healthcare Private Limited, Haemonetics Corporation, and Neomedic International.

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