Product Code: GVR-4-68040-564-4
Blood Bags Market Growth & Trends:
The global blood bags market size is anticipated to reach USD 526.82 million by 2030, registering a CAGR of 7.50% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market forms a critical segment of the global medical devices and healthcare consumables industry, underpinned by its indispensable role in transfusion medicine and emergency care. Blood bags, primarily composed of medical-grade PVC and other biocompatible polymers, are engineered to collect, store, transport, and separate blood and its components efficiently. These bags are extensively utilized across hospitals, blood banks, and diagnostic centers for applications ranging from trauma response and surgical interventions to chronic disease management. Their reliability, sterility, and compatibility with blood preservation protocols make them a foundational product in both advanced and developing healthcare systems.
A primary driver propelling the market is the rising global volume of surgical procedures and medical emergencies that necessitate blood transfusions. Compared to traditional glass containers, modern blood bags offer enhanced safety, better storage flexibility, and easier handling. The ability to separate blood into its components-red cells, plasma, and platelets-using multi-chamber bags enables more targeted therapies and efficient resource utilization. Furthermore, innovation in blood bag technology, such as integration with RFID tracking systems and the development of pathogen-reduction compatible designs, is elevating product utility and compliance with stringent healthcare standards. These advancements continue to strengthen the market's relevance across both high-income and emerging economies.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in June 2024, WEGO Medical, a subsidiary of the Weigao Group, participated in the 14th Blood Transfusion Organization Conference in Indonesia, where it showcased its blood bank solutions, including blood bags, blood collection tubes, and transfusion sets.
Blood Bags Market Report Highlights:
- Based on product, single blood bags dominated the industry, accounting for a market share of 39.88% in 2024.
- Based on application, collection blood bags accounted for the largest share of 61.23% in 2024.
- Based on end use, hospitals & clinics accounted for the largest share of 48.61% in 2024.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Blood Bags Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.4. Technology Overview
- 3.4.1. Commercial Production Technology
- 3.4.2. Roadmap of Technology Advancement, 2018 to 2030
- 3.5. Impact of Circular Economy
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Blood Bags Market: Product Outlook Estimates & Forecasts
- 4.1. Blood Bags Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Single Blood Bag
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.2. Double Blood Bag
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.3. Triple Blood Bag
- 4.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.4. Others
- 4.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 5. Blood Bags Market: Application Outlook Estimates & Forecasts
- 5.1. Blood Bags Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Collection Blood Bags
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.2. Transfer Blood Bags
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Blood Bags Market: End Use Outlook Estimates & Forecasts
- 6.1. Blood Bags Market: End Use Movement Analysis, 2024 & 2030
- 6.1.1. Hospitals & Clinics
- 6.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.2. Blood Banks
- 6.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.3. Others
- 6.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Blood Bags Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Blood Bags Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.3.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4.5. UK
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4.6. Germany
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4.7. France
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.8.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.4.9. Spain
- 7.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.9.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.4.9.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.4.9.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.7.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5.8. South Korea
- 7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.8.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.8.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.5.9. Australia
- 7.5.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.9.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.5.9.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.5.9.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.6.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7.5.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.7.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.7.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 7.7.6. South Africa
- 7.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7.6.2. Market estimates and forecast, by product type, 2018 - 2030 (USD Million)
- 7.7.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 7.7.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and channel Partners
- 8.2.3. List of Potential Customers/End-users
- 8.3. Competitive Dynamics
- 8.3.1. Company Market Share Analysis & Market Positioning
- 8.3.2. Competitive Benchmarking
- 8.3.3. Strategy Mapping
- 8.3.4. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Participant's overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.3.1. TERUMO BCT, INC.
- 8.4.3.2. Macopharma
- 8.4.3.3. Fresenius Kabi India Pvt. Ltd
- 8.4.3.4. Grifols, S.A.
- 8.4.3.5. Neomedic International SL
- 8.4.3.6. Teleflex Incorporated
- 8.4.3.7. Qingdao Sinoland International Trade Co.,Ltd
- 8.4.3.8. JMS Co.Ltd
- 8.4.3.9. Demophorius Healthcare Ltd
- 8.4.3.10. KAWASUMI LABORATORIES. INC.
- 8.4.3.11. Polymedicure
- 8.4.3.12. AdvaCare Pharma
- 8.4.3.13. Coloplast Corp