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Transfusion Disposable Products Market Segmentation By Product (Infusion Bags, Disposable Syringe and PVC Tubes); By End User (Hospitals, Ambulatory Surgical Centers, Clinics, Blood Banks and Others) – Global Demand Analysis & Opportunity Outlook 2027

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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On April 8, 2019, Becton, Dickinson and Company, a leading medical technology company globally, revealed the BD BACTEC™ which is a platelet quality control media that allows laboratories and blood banks to identify any contaminated platelets before providing transfusion services. This media aims to reduce the cases of sepsis in patients receiving platelet transfusion.

Introduction to Transfusion Disposable Products

Transfusion is the process of transfer of blood or any of its components from a donor to a recipient patient. This medical procedure is used in order to replace the blood lost after surgery or an accident. Disposable transfusion products are increasingly being developed as they are highly preferred by healthcare providers on account of their property to maintain a sterilized environment for the blood while collecting, storing and transferring blood. During the transfusion procedure, the patient receives filtered elements of the blood that are required by them. These are delivered to the patient independently and these components include: red blood cells, platelets, granulocytes, plasma and albumin among others.

Market Size and Forecast

The transfusion disposable products market is anticipated to record a significant CAGR over the forecast period, i.e., 2019-2027. The market is segmented by product, by end user and by region. On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, clinics, blood banks and others, out of which, the hospitals segment is anticipated to hold the largest share in the transfusion disposable products market on account of growing number of accidents and surgeries in hospitals that require blood transfusions. For instance, the rising incidences of road accidents which lead to deaths and injuries all across the globe result in increasing number of patients in hospitals. The 2018 global status report on road safety by the World Health Organization states that the number of deaths resulting from road traffic crashes have increased to 1.35 million every year. According to this, around 3,700 people die on roads and more than 50 million people get injured all around the world every day. Moreover, the report states that the number of road traffic deaths among the high and middle-income countries have witnessed a reduction in the past few years as compared to low-income countries. Moreover, the various blood-related disorders among the population further increase the demand for transfusion procedures. These factors are estimated to bring about the growth of this segment during the forecast period. CLICK TO DOWNLOAD SAMPLE REPORT 


Growth Drivers

Growing Incidences of Blood Disorders to Drive the Market Growth

The substantial increase in the number of blood-related disorders raise the demand for blood transfusion. According to Centers for Disease Control and Prevention, the total number of deaths from anemia in the United States were reported to be 5,382 in 2017. Out of these, 2,029 cases were reported to among those aged 85 and above. The rising cases of anemia and other such disorders require blood transfusion for their treatment which is therefore anticipated to increase the growth of transfusion disposable products market.

Rising Demand for Disposable Products to Support the Growth of the Market

In order to eliminate the risk of contamination, there is an increase in the demand for transfusion products that are disposable so as to ensure a sterile blood transfusion procedure. This is an additional important factor which is anticipated to lead towards the growth of the market during the forecast period.


Poor Methods of Blood Storage to Hinder the Market Growth

Blood transfusions can lead to complications which might arise from infections and contamination of donor blood. Along with these factors, the unhealthy practices involving the storage of blood are further anticipated to restrict the growth of the market.

Market Segmentation

Our in-depth analysis of the transfusion disposable products market includes the following segments:

By Product

  • Infusion Bags
  • Disposable Syringe
  • PVC Tubes

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Blood Banks
  • Others

By Region

On the basis of regional analysis, the transfusion disposable products market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The leading share in the transfusion disposable products market is anticipated to be held by the market in North America on account of growing demand for disposable blood bags and rising number of blood transfusions conducted in the region. Further, the increasing research and development activities in the region, mainly in the United States, is an additional factor estimated to raise the market growth. Moreover, the market in Asia-Pacific region is estimated to grow at a significantly high rate as a result of rising number of road accidents and health disorders that involve blood contamination or loss. The growing healthcare expenditure in the region, for instance, in countries such as China, Japan and India, is another factor which is anticipated to support the increasing usage of disposable medical products.


The transfusion disposable products market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC,  Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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