What is the size of the Blood Bag Market?
According to 6Wresearch internal database and industry insights, the
Global Blood Bag Market was estimated at USD 321 million in 2024 and is projected to reach USD 496 million by 2031, growing at a CAGR of 6.5% during the forecast period 2025–2031.
Growth of market is driven by the factors include the rising surgical procedures, increasing blood donation rates, and the global demand for blood and blood component storage and transfusion systems.
Key Growth Factors of the Blood Bag Market
- Increasing number of trauma and surgical cases globally
- Rising in voluntary blood donations and transfusion needs
- Technological advancements in blood storage and preservation
- Expansion of healthcare infrastructure in developing regions
- Growing awareness about safe blood collection and transfusion
Blood Bag Market Trends
Blood bag market has numbers of trends which are noticing in the which include the rising adoption of sterile, single-use blood bags to reduce contamination risk. Further, the demand is also increasing for multiple blood bag systems that allow easy separation of blood components such as plasma and platelets. Also, the emergence of eco-friendly and biodegradable blood bag materials is also being explored. Collectively, all these trends are contributing in the expansion of market.
Emerging Developments in the Blood Bag Market
Blood bag market is seeing new developments which include blood bags integrated with RFID tracking for better inventory management. Alongside, the bags with additive solutions are developed to enhance shelf life, and improved anticoagulant formulations. The focus is increasing on reducing plastic usage by manufacturers and enhancing bag durability for remote and mobile collection settings.
Leading Companies in the Blood Bag Market
- Terumo Corporation
- Fresenius SE & Co. KGaA
- Grifols S.A.
- Macopharma
- Haemonetics Corporation
- HLL Lifecare Limited
- Neomedic International
- Demophorius Healthcare
- AdvaCare Pharma
- Kawasumi Laboratories Inc.
How Big Is the Blood Bag Market : FAQ's
The blood bag market was estimated USD 321 million in 2024 and is projected to reach USD 496 million by 2031.
Increased surgical procedures, trauma care needs, and global blood donation campaigns are driving the market growth.
Use of multiple blood bag systems, RFID integration, and advanced anticoagulants are the major trends of the market.
North America and Asia-Pacific due to higher healthcare activity and donation programs are leading the market.
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