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Trends in Disposable Plastic Blood Bags Market by Production Market Analysis and Regional Market Performance

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Disposable Plastic Blood Bag Market

The global disposable plastic blood bags market is growing, due to increasing prevalence of chronic diseases and rising aging population. In addition, rising initiatives undertaken by government associations to boost awareness about blood donations and advanced features of disposable plastic blood bags are also driving the growth of the global disposable plastic blood bag market.

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Increasing prevalence of various chronic diseases, such as cancer and blood disorders, is playing a pivotal role in the growth of disposable plastic blood bag market. Additionally, increased participation of government associations had raised awareness regarding blood donations all over the world. Some of the major associations include the World Health Organization (WHO), International Federation of Red Cross and Red Crescent Societies (IFRC), and American Red Cross. These organizations support blood donation programs and encourage people to donate blood and blood components.

However, undeveloped blood collection and storage infrastructure in developing countries, and high risk associated with blood donation and transfusion are hindering the growth of the global disposable plastic blood bag market. Growing number of mergers and acquisitions and increasing use of RFID technology in disposable blood bags are some of the latest trends that have been observed in the disposable plastic blood bags market.

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The key companies operating in the global disposable plastic blood bag market include Haemonetics Corporation, JMS Co., Ltd., Kawasumi Laboratories, Inc., Grifols International S.A., AdvaCare Pharma, Fresenius SE & Co. KGaA, Terumo Corporation, Macopharma, Genesis BPS, SURU International Pvt. Ltd., Shanghai Transfusion Technology Co., Ltd., Nigale Biomedical Inc. of Sichuan Province Corporation (Nigale), Neomedic Limited, and Shandong Weigao Group Medical Polymer Company Limited.

Source: P&S Intelligence