Disposable Plastic Blood Bag Market Overview
Blood and blood products are stored for transfusion in disposable plastic (PVC) bags, which replaced reusable glass bottles in the 1970s. Plastic bags made of plasticized PVC changed the way blood products were separated and used to treat a variety of hematological illnesses, including anemia, hemochromatosis, leucocytosis, and others, as well as being more convenient. After the introduction of PVC bags in the 1970s, blood transfusions became much safer. In glass bottles, separating platelets, plasma, and cryoprecipitate proved laborious, prone to bacterial contamination, and inconsistent. The report on the disposable plastic blood bag market is come up with the PESTLE analysis, PORTER's five force analysis and segment analysis on the basis of type, end-use and region.
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Disposable Plastic Blood Bag Market Scope
Demand for disposable blood bags is likely to be driven by government and private-sector blood donation efforts. Unpaid blood donors are helping the community by donating blood. Blood can also be given to hospitals, blood banks, or recipients. The Indian government, for example, was striving toward the World Health Organization's 2020 objective of 100% self-sufficiency and voluntary blood donation. In India, however, only about 11 million blood donations are collected each year, compared to the required 13.5 million for the country's 1.35 billion people (1%) population, leaving a deficit of about 2 million. The government initiatives and the changing awareness in the society is main growth driving factor for disposable plastic blood bag market
Disposable Plastic Blood Bag Market Segment Analysis
Demand for disposable blood bags is likely to be driven by government and private-sector blood donation efforts. Unpaid blood donors are helping the community by donating blood. Blood can also be given to hospitals, blood banks, or recipients. The Indian government, for example, was striving toward the World Health Organization's 2020 objective of 100% self-sufficiency and voluntary blood donation. In India, however, only about 11 million blood donations are collected each year, compared to the required 13.5 million for the country's 1.35 billion people (1%) population, leaving a deficit of about 2 million. The government initiatives and the changing awareness in the society is main growth driving factor for disposable plastic blood bag market
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Key Players in the Disposable Plastic Blood Bag Market
Terumo Corporation (Japan)
Weigao (China)
Fresenius SE & Co. (Germany)
Grifols S.A. (Spain)
HLL Lifecare Limited (India)
Neomedic International (Barcelona)
Haemonetics (United States)
Macopharma (India)
Sichuan Nigale Biomedical (China)
Suzhou Laishi Transfusion Equipment (China)
Advacare Pharma (India)
Regional Analysis
Because of an increase in blood-related illnesses in this region, the North American region dominated the market in 2023, accounting for approximately xx% of the overall market share in terms of revenue. China, the world's second-largest economy, is expected to grow at a CAGR of xx% to reach a market size of US $xx billion by 2027. Japan and Canada, for example, are likely to grow at xx% and xx%, respectively, throughout the forecast period. Within Europe, Germany is likely to grow at a CAGR of roughly xx%.
Key Questions answered in the Disposable Plastic Blood Bag Market Report are:
- What is Disposable Plastic Blood Bag Market?
- What is the forecast period of the Disposable Plastic Blood Bag Market?
- What is the competitive scenario of the Disposable Plastic Blood Bag market?
- Which region held the largest market share in the Disposable Plastic Blood Bag Market?
- What are the opportunities for the Disposable Plastic Blood Bag Market?
- What are the restraining factors in the Disposable Plastic Blood Bag market?
- Who are the key players of the Disposable Plastic Blood Bag market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2023-2030
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Disposable Plastic Blood Bag #
- Landscape- Leading key players and other prominent key players.
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