11.05.2016 Views

Global Disposable Plastic Blood Bag Market Forecast to 2020

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Global</strong> <strong>Disposable</strong> <strong>Plastic</strong> <strong>Blood</strong> <strong>Bag</strong> <strong>Market</strong> Expected <strong>to</strong> Grow with 9% CAGR<br />

During 2015 – <strong>2020</strong><br />

The global disposable plastic blood bag market was valued at $286.5 million in 2014, and it is<br />

expected <strong>to</strong> grow with a CAGR of 9.2% during the period 2015 - <strong>2020</strong>. The global disposable<br />

plastic blood bag market is growing, due <strong>to</strong> increasing prevalence of chronic diseases and rising<br />

aging population. In addition, rising initiatives undertaken by government associations <strong>to</strong> boost<br />

awareness about blood donations and advanced features of disposable plastic blood bags are also<br />

driving the growth of the global disposable plastic blood bag market.<br />

Based on type, the single disposable plastic blood bag market segment is expected <strong>to</strong> be the<br />

largest market and witness fastest growth during the forecast period. Among the end-user<br />

segment, hospital had the largest market size in the global disposable plastic blood bag market in<br />

2014.<br />

Buy full report at: https://www.psmarketresearch.com/market-analysis/disposable-plastic-blood-bag-market<br />

The information and data in the publication “<strong>Global</strong> <strong>Disposable</strong> <strong>Plastic</strong> <strong>Blood</strong> <strong>Bag</strong> <strong>Market</strong> Size,<br />

Share, Development, Growth and Demand <strong>Forecast</strong> <strong>to</strong> <strong>2020</strong>” represent the research and<br />

analysis of data from various primary and secondary sources. The <strong>to</strong>p-down approach has been<br />

used <strong>to</strong> calculate the global disposable plastic blood bag size by type, and end-user. The market<br />

numbers for countries are obtained through <strong>to</strong>p-down approach. P&S <strong>Market</strong> Research analysts and<br />

consultants interacted with the authorities from leading companies of the concerned domain, <strong>to</strong><br />

substantiate every value of data presented in this report. The company bases its primary research<br />

on discussions with prominent professionals and analysts in the industry, which is followed by<br />

informed and detailed, online and offline research.<br />

Increasing prevalence of various chronic diseases, such as cancer and blood disorders, is playing a<br />

pivotal role in the growth of disposable plastic blood bag market. Additionally, increased<br />

participation of government associations had raised awareness regarding blood donations all over<br />

the world. Some of the major associations include the World Health Organization (WHO),<br />

International Federation of Red Cross and Red Crescent Societies (IFRC), and American Red Cross.<br />

These organizations support blood donation programs and encourage people <strong>to</strong> donate blood and<br />

blood components.<br />

Browse Related Research: https://www.psmarketresearch.com/industry-report/medical-devices<br />

However, undeveloped blood collection and s<strong>to</strong>rage infrastructure in developing countries, and high<br />

risk associated with blood donation and transfusion are hindering the growth of the global<br />

© P&S <strong>Market</strong> Research. All rights reserved 2

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!