PUBLISHER: TechNavio | PRODUCT CODE: 1603919
PUBLISHER: TechNavio | PRODUCT CODE: 1603919
Blood Bags Market 2024-2028
The blood bags market is forecasted to grow by USD 203.7 mn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the blood bags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of hospitals and blood banks, increased demand for disposable products, and rising research and development investments in advanced products.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.4% |
CAGR | 8.1% |
Incremental Value | $203.7 mn |
Technavio's blood bags market is segmented as below:
By Type
By Geographical Landscape
This study identifies the rising awareness about blood donation as one of the prime reasons driving the blood bags market growth during the next few years. Also, increasing demand for tender-based procurement and rising demand for cord blood banking will lead to sizable demand in the market.
The report on the blood bags market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blood bags market vendors that include AdvaCare Pharma, B L Lifesciences Pvt Ltd., Demophorius Ltd, Fresenius SE and Co. KGaA, Grifols SA, Haemonetics Corp., HLL Lifecare Ltd., Innvol Medical India Ltd., JMS Co. Ltd., Macopharma SA, Mitra Industries Pvt. Ltd., Neomedic International, Poly Medicure Ltd., Qingdao Sinoland International Trade Co. Ltd., RENOLIT SE, Span Healthcare Pvt. Ltd., Sumitomo Bakelite Co. Ltd., Teleflex Inc., Terumo BCT Inc., and Troge Medical GmbH. Also, the blood bags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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