United States Blood Bags Market to be Dominated by Collection Blood Bags Type Through 2027
Increasing awareness of blood donation campaigns and rising
prevalence of chronic diseases is expected to drive the United States Blood
Bags Market during the forecast period, 2022-2027
According to TechSci Research report, “United States Blood Bags - By Region, Forecast and Opportunities, 2017-2027”, the United States Blood Bags Market was valued at USD 94.85 million in
2021 and is expected to register a rate of 6.08% during the forecast period. The
increase in number of blood collection centers, awareness to donate blood among
people and increasing prevalence of chronic diseases are the primary factors
driving the demand for the United States Blood Bags market. In the United
States, approximately 29,000 units of red blood cells are needed every day
because of increasing number of road accidents. Growing expansion of healthcare
facilities such as blood donation campaigns by private or government
organizations, increasing investments in healthcare sector, rising patient awareness, development
in medical and surgical procedures, trauma care, and the management of blood
disorders are expected to influence the market demand.
However, the advancement in technology improves the
treatment of serious problem such as surgery,
trauma and cancer will increase the probability of the need for blood
transfusion which
is expected to drive the growth of the market during the forecast period.
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The United States Blood Bags
market can be segmented by product, type, volume, material, end
user, and region.
Based on type, the market can
be bifurcated into collection blood bags and transfer blood bags. The collection
blood bags market segment dominated the market in 2021 with an overall share of
86.28%. This can be ascribed to the increasing use of collection blood bags for
reliable collection, separation, storage, and transportation of various blood
products such as RBCs, WBCs, platelets, plasma etc. and will be further used
significantly for the treatment of anemia, surgery, and cancer.
In terms of material, the
market can be split into PVC (Polyvinyl Chloride), PET (Polyethylene
Terephthalate and Others (including CPDA, Biaxially Oriented Polyamide Film etc).
The PVC dominated the market in 2021 with an overall share of 79.21% on account
of its high usability and low cost.
By end user, the market can
be categorized into hospitals & clinics, ambulatory care centers, blood
banks, and others. The hospitals & clinics segment is expected to dominate
the market through forecast period on account of increasing number of surgical
and non-surgical procedures performed which undergoes utilization of blood.
Major companies operating
in United States Blood Bags Market include:
- Terumo BCT Inc.
- Teleflex Incorporated
- Haemonetics Corporation
- AdvaCare Pharma
- Fresenius Kabi USA, Inc.
- B. Braun of America, Inc.
- Coloplast Corp.
- Baxter International Inc.
- Grifols USA, LLC
- Genesis BPS
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“United States Blood Bags market is expected to witness significant
growth during the forecast period on account of increasing surgical procedures
being performed. An increase in number of road accidents and chronic diseases further
supports the demand for blood bags in the United States. Additionally, increase
in emergence of players manufacturing blood bags is expected to create
lucrative opportunities for the market growth in the next few years”
said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“United
States Blood Bags Market, By Product (Single Blood Bag, Double Blood Bag,
Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag), By Type (Collection
Bag v/s Transfer Bag), By Volume (100ml, 150ml, 250ml, 300ml, 350ml, 400ml,
450ml, 500ml), By Material (PVC, PET, Others), By End User (Hospitals &
Clinics, Ambulatory Care Centers, Blood Banks, Others), By Region, Competition,
Forecast & Opportunities, 2027”,
has evaluated the future growth potential of United States Blood Bags Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Blood Bags Market.
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