Report Description

Australia Blood Bags Market is expected to grow steadily between 2024 and 2028, registering impressive CAGR. This can be attributed to the rising demand for blood collection as well as the incidence of blood-related illnesses. Blood bags are used to transfer blood if patients with blood-related disorders need blood from another individual.

The COVID-19 pandemic has caused an increase in the need for blood bags. People with weakened immune systems have acquired COVID-19, requiring hospitalization and blood transfusions. The pandemic thus had a favorable impact on the demand for blood bags and other medical equipment.

The expansion of the Australia Blood Bags market would also be impacted by rising fatal accident rates in the upcoming years. However, the overuse of blood bags is producing hazardous waste, which may restrain the market for blood bags in Australia from expanding in the upcoming years.

Increasing Incidences of Blood Related Disorders


Australia, like many other countries around the world, has been experiencing an increase in the incidence of blood-related disorders. These disorders can range from anemia to more serious conditions such as leukemia or thalassemia. As the number of people diagnosed with these conditions increases, so does the demand for blood bags.

More than 275,000 Australians are anticipated to have a blood cancer or blood disease by 2035. In Australia, it's anticipated that more than 5,950 individuals would die prematurely from blood cancer or other related blood illnesses in 2023. This translates to 16 people each day. The rise in blood-related ailments in Australia is expected to fuel the demand for blood bags there in the years to come.

 

Rise in Number of Road Accidents

Road accidents in Australia are a result of factors such as exceeding the speed limit, drunk driving, driver fatigue, driver distraction,  etc. There are around 1,123 deaths in 2021. This represents a 2.6% increase from 2020. The population's growing awareness of blood donation is driving the market's growth. Moreover, the expansion of government and non-profit organizations' investments in healthcare infrastructure, diagnostic facilities, and medical research labs will accelerate market growth. Road accidents result in serious injuries that in turn lead to blood loss and urgent blood transfusions. The expansion of the Australia Blood Bags market during the forecast period is being impacted by the rising number of traffic accidents.


 


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Market Segmentation

Australia Blood Bags Market can be segmented on the basis of product type, type, volume, material, end user and region. Based on product type, the market can be further divided into single blood bag, double blood bag, triple blood bag, quadruple blood bag, and penta blood bag. Based on type, the market is further bifurcated into collection bag v/s transfer bag. Based on volume, the market is divided into 100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml. Based on material, the market is divided into PVC, PET, and Others. Based on end user, the market is divided into hospitals, clinics, ambulatory surgical center, blood banks, and others.

 

Market Players

Terumo Australia Pty Ltd., Fresenius Kabi Australia Pty Limited, Grifols Australia, Teleflex Medical Australia Pty Ltd, Haemologic Biotech, SSS Australia Healthcare Supplies, Medilogic, and Lifeblood are some of the leading players operating in the Australia Blood Bags Market.


Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

By Product Type

By Type

By Volume

By Material

By End User

By Region

Regional scope

Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia, Australia Capital Territory & New South Wales

Key companies profiled

Terumo Australia Pty Ltd., Fresenius Kabi Australia Pty Limited, Grifols Australia, Teleflex Medical Australia Pty Ltd, Haemologic Biotech, SSS Australia Healthcare Supplies, Medilogic, Lifeblood

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Australia Blood Bags Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Australia Blood Bags Market, By Product Type:

o      Single Blood Bag

o      Double Blood Bag

o      Triple Blood Bag

o      Quadruple Blood Bag

o      Penta Blood Bag

        ·         Australia Blood Bags Market, By Type:

o      Collection Bag

o      Transfer Bag

        ·         Australia Blood Bags Market, By Volume:

o      100ml

o      150ml

o      250ml

o      300ml

o      350ml

o      400ml

o      450ml

o      500ml

        ·         Australia Blood Bags Market, By Material:

o      PVC

o      PET

o      Others

        ·         Australia Blood Bags Market, By End User:

o      Hospitals

o      Clinics

o      Ambulatory Surgical Center

o      Blood Banks

o      Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia Blood Bags market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Australia Blood Bags Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Australia Blood Bags Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Product Type (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag)

5.2.2.    By Type (Collection Bag v/s Transfer Bag)

5.2.3.      By Volume (100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml)

5.2.4.    By Material (PVC, PET, Others)

5.2.5.    By End User (Hospitals, Clinics, Ambulatory Surgical Center, Blood Banks, Others)

5.2.6.    By Company (2022)

5.2.7.    By Region

5.3.  Product Market Map

5.3.1.    By Product Type

5.3.2.    By Type

5.3.3.    By Volume

5.3.4.    By Material

5.3.5.    By End User

6.    Australia Collection Bags Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type

6.2.2.    By Volume

6.2.3.    By Material

6.2.4.    By End User

7.    Australia Transfer Bags Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type

7.2.2.    By Volume

7.2.3.    By Material

7.2.4.    By End User

8.    Market Dynamics

8.1.  Drivers

8.2.  Challenges

9.    Market Trends & Developments

9.1.  Recent Developments

9.2.  Mergers & Acquisitions

9.3.  Product Developments

10. Policy & Regulatory Landscape

11. Pricing Analysis

12. Australia Economic Profile

13. Competitive Landscape

13.1.             Business Overview

13.2.             Company Snapshot

13.3.             Products & Services

13.4.             Financials (In case of listed companies)

13.5.             Recent Developments

13.6.             SWOT Analysis

13.6.1. Terumo Australia Pty Ltd.

13.6.2. Fresenius Kabi Australia Pty Limited

13.6.3. Grifols Australia

13.6.4. Teleflex Medical Australia Pty Ltd

13.6.5. Haemologic Biotech

13.6.6. SSS Australia Healthcare Supplies

13.6.7. Medilogic

13.6.8. Lifeblood

14.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing incidences of blood related disorders, increasing geriatric population, rising number of fatal accidents are the major drivers influencing the growth of Australia Blood Bags market.

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Terumo Australia Pty Ltd., Fresenius Kabi Australia Pty Limited, Grifols Australia, Teleflex Medical Australia Pty Ltd., Haemologic Biotech, SSS Australia Healthcare Supplies, Medilogic, and Lifeblood are some of the leading players operating in the Australia Blood Bags market.

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Single blood bag segment is expected to dominate the Australia Blood Bags market owing to its easy availability.

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Lack of skilled professional, and high cost of blood bags are the major challenges for the Australia Blood Bags market.

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Sakshi Bajaal

Business Consultant
Press Release

Australia Blood Bags Market to be Dominated by the Rise in Blood Related Disorders through 2028

Apr, 2023

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.