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Download Free sampleThe global Disposable Blood Bags market was valued at 246.78 Million USD in 2021 and will grow with a CAGR of 7.12% from 2021 to 2027, based on Research newly published report.
The prime objective of Disposable Blood Bags Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Disposable Blood Bags Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Blood bag systems are disposable bio-medical products designed for collection, storage, transportation, and transfusion of human blood and blood-derived products. Disposable plastic blood bags are utilized in hospitals, blood banks, government programs, and non-governmental organizations (NGOs) for collecting, storing, processing, and transporting blood collected during blood donation programs. The global disposable plastic blood bags market is segmented on the basis of product type, sales channel, and end user.Increasing prevalence of blood-related disorders and rising demand for blood collection and transfer bags are expected to drive growth of the global disposable plastic blood bags market during the forecast period (2016-2024). Additionally, increasing demand for blood-derived products and surge in transfusion procedures are expected to fuel demand for disposable plastic blood bags during the forecast period. Factors such as increasing incidence of trauma/accidental injuries and tender-based purchases by governments of developing countries coupled with customized blood bags with tracking systems offered by blood bags manufacturers and easy availability of value-added products for blood collection are expected to boost growth of the global disposable plastic blood bags market. However, factors such as lack of infrastructure facilities for blood collection & storage and low awareness about voluntary blood donation initiatives are expected to hamper growth of the global disposable plastic blood bags market over the forecast period.
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