“Global Market Study on Disposable Plastic Blood Bags: Single Blood Bags to Witness Highest Growth by 2020”

New York, NY -- (SBWire) -- 11/14/2017 --According to a new market report published by Persistence Market Research "Global Market Study on Disposable Plastic Blood Bags: Single Blood Bags to Witness Highest Growth by 2020" the global Disposable Plastic Blood Bags market was valued at USD 2,44,286.8 thousand in 2014 and is expected to grow at a CAGR of 9.1% from 2014 to 2020, to reach an estimated value of USD 4,13,084.8 thousand in 2020.

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North America has the largest market for the global disposable plastic blood bags market. This is due to increased prevalence of blood disorders in the region. North American market for disposable plastic blood bags is estimated at USD 83,670.7 thousand in 2014 and is expected to reach USD 1,42,983.2 thousand in 2020, growing at a CAGR of 9.3%. Asia is the fastest growing region; this is due to large population base in the region. In terms of type of blood bags, single blood bags are the fastest growing segment. In terms of end users, blood banks are the fastest growing.

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Some of the latest trends that have been observed in the global disposable plastic blood bags market include increasing use of RFID technology in blood bags and increasing number of mergers and acquisitions by companies.

Terumo Corporation is a leading player in the global market for disposable plastic blood bags market. Some of the other major players in disposable plastic blood bags market are Grifols, S.A., Fresenius SE & Co. KGaA, Haemonetics Corporation and MacoPharma SA.

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