Australia Blood Bags Market to be Dominated by the Rise in Blood Related Disorders through 2028
Rise in road accidents and
increasing prevalence of blood-related disorders is expected to drive the
growth of Australia Blood Bags market during the forecast period, 2024-2028.
According to TechSci Research report, “Australia
Blood Bags Market – Industry Size, Share, Trends, Forecast and Opportunities, 2018-2028”,
Australia Blood
Bags Market is anticipated to grow at a steady rate during the forecast period,
2024-2028. This can be ascribed to the rising incidences of blood related
disorders. Blood transfusions are necessary for populations with weak immune
systems and blood-related disorders.
As these incidents require rapid medical
attention, including blood transfusion, a high frequency of road accidents is
anticipated to play a significant role in the demand for blood bags. One of the
key factors driving the growth of the Australian blood bags market is the
increasing demand for blood transfusions. Blood transfusions are required for a
range of medical conditions, including surgeries, accidents, and blood
disorders. . The growth of the blood bag market in Australia is also being
influenced by an increase in blood donation clinics and a rise in blood bag
demand. Furthermore, the market for Australia Blood Bags is expected to expand during
the forecast period owing to rising government programs for blood donation.
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TOC on "Australia Blood Bags Market".
The Australia
Blood Bags Market
can be segmented on the basis of product type, type, volume, material, end user,
and region.
On the basis of product
type, Australia Blood Bags Market can be further divided into single blood bag,
double blood bag, triple blood bag, quadruple blood bag, and penta blood bag. Owing
to its accessibility, the single blood bag will account for the highest share
in 2023. The quadruple blood bag follows it because of its significant demand expected
during the forecast period as it is utilized to separate various blood
components.
Based on type, the Australia
Blood Bags Market is further bifurcated into collection bag and transfer bag. During
the forecast period, collection bags will account for the majority of shares.
This is brought on by the expanding government programs to collect blood for
transfusions. Patients with anemia and other blood-related illnesses typically
need blood transfusions.
On the Basis of material,
the Australia Blood Bags market may be further segmented into PVC, PET, Others.
Owing to its many advantages over PET, PVC is expected to acquire the highest
share during the forecast period. PVC has a number of benefits, including low
cost, a long shelf life, and a non-reactive nature.
Major companies operating in Australia Blood Bags Market
are:
- Terumo
Australia Pty Ltd.
- Fresenius
Kabi Australia Pty Limited
- Grifols
Australia
- Teleflex
Medical Australia Pty. Ltd.
- Haemologic
Biotech
- SSS
Australia Healthcare Supplies
- Medilogic
- Lifeblood
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“The market for
blood bags in Australia is expected to expand significantly over the forecast
period. The increase in blood illnesses such as leukemia and anemia as well as
the amount of deadly traffic accidents are driving the market. The expansion of
government and non-profit initiatives for blood collection will also have an
impact on the market for blood bags in Australia in the years to come,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Australia
Blood Bags Market By Product Type (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
Surgical Center, Blood Banks, Others) Region, Competition, Forecast &
Opportunities, 2018-2028F”, has evaluated the future growth potential of Australia
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 Australia
Blood Bags Market.
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