| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 489.37 Million |
| Market Size (2030) | USD 602.58 Million |
| CAGR (2025 - 2030) | 4.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Blood Bags Market Analysis
The Global Blood Bags Market size is estimated at USD 489.37 million in 2025, and is expected to reach USD 602.58 million by 2030, at a CAGR of 4.25% during the forecast period (2025-2030).
The increasing number of trauma and injuries, the rising burden of blood-related and other chronic disorders, and increasing government initiatives for blood donations are the major drivers for the market.
The significamt number of blood donors drives the need for blood bags in blood banks, which is expected to propel market growth over the study period. For example, the data published by the World Health Organization in June 2023 mentioned that out of the 118.5 million blood donations collected worldwide, 40% originate from high-income countries such as the United States, Canada, and Germany, among others, which constitute only 16% of the global population. Additionally, the same source reported that around 54% of blood transfusions are administered to children under the age of 5 in low-income countries (Afghanistan, Ethiopia, Malawi and others), while in high-income countries (United States, Canada, Germany and others), the predominant demographic receiving transfusions is individuals over 60, who make up to 76% of all transfusions. Thus, the significant population requiring blood transfusions is anticipated to boost the demand for blood bags for storage, thereby driving market growth over the forecast period.
Road accidents are expected to be one of the another major driving factor for the growth of the blood bag market as these accidents require immediate medical assistance, including blood transfusion; thus, a high number of road accidents are expected to play a crucial role in the demand for blood bags. For instance, according to the December 2023 update of the World Health Organization, 20 to 50 million people suffer from non-fatal injuries, with many incurring disabilities owing to the injury. Given the prevalence of road accidents, the demand for blood bags to address injuries is anticipated to surge, driving growth in the studied market.
Additionally, blood bags have also witnessed a great demand due to an increased number of patients suffering from various ailments related to blood, kidney, metabolic diseases, and neurological disorders. Cancers such as leukemia, lymphoma, and myelodysplastic syndromes (MDS) can affect the bone marrow, blood cells, lymph nodes, and other parts of the lymphatic system. For instance, according to the data published by the Global Cancer Observatory (GCO), around 515 thousand new leukemia cancer cases were expected to be diagnosed in 2025 worldwide and will reach 571 thousand by 2030. The high burden of blood-related diseases among the population is expected to increase the demand for blood transfusion to help treat low blood count in patients, which is expected to drive the demand for blood bags to store and transport the blood and their products, thereby fueling the market growth over the forecast period.
However, the high risk associated with blood donation and transfusion will likely hamper the market growth over the forecast period.
Blood Bags Market Trends
Hospitals and Clinics Segment is Expected to Witness Growth Over the Forecast Period
The hospital segment may witness high growth over the estimated timeframe, owing to the increasing number of surgical procedures requiring large amounts of blood supply. The demand for blood supply in hospitals has increased widely due to the rising prevalence of chronic diseases, such as cancer, and the surging number of surgical procedures. Thus, the high demand for blood transfusion procedures in hospitals fuels the segment's growth. For instance, according to the data published by the Ministry of Health and Family Welfare in January 2024, India had approximately 27,742 hospitals in 2024, up from 27,045 hospitals in 2023. Thus, the significant presence of hospitals and clinics is anticipated to fuel the demand for blood bags while performing surgical procedures to ensure an enormous amount of blood supply, which may augment the blood bag market’s growth.
Furthermore, several organizations are focusing on establishing collaborations to enhance blood donation awareness, which is anticipated to expand the blood bag market worldwide. For instance, in September 2024, Fiinovation held its 9th annual blood donation camp in partnership with Deen Dayal Upadhyay Hospital, highlighted the organization's dedication to promoting public health and to contributing its efforts to the rising demands of blood and blood products in hospitals in India. Moreover, in May 2024, BAPS Charities, in collaboration with Canadian Blood Services, organized the "In the Joy of Others Blood Donation Campaign" in Canada and gathered 50 pints of blood, plasma, and stem cells to assist Canadian hospital patients in need. Additionally, the initiative encouraged individuals to register for the Canadian Blood Services Stem Cell Registry, an essential resource for the community. Thus, such initaitives taken by the organizations to enhance blood donation awareness are expected to positively impact the segment growth over the forecast period.
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North America is Expected to Witness Considerable Growth Over the Forecast Period
The North America blood bag market has experienced high growth due to increased blood transfusions, the rising prevalence of various diseases, the surge in awareness, and blood donation campaigns carried out by private and government organizations. For instance, in February 2024, according to the Centers for Disease Control and Prevention, approximately 29,000 red blood cells are needed daily, and nearly 5,000 units of platelets and 6,500 units of plasma per day are required for the United States. Thus, the increasing demand for blood products is fueling the market growth.
Additionally, according to the data published by the Canadian Cancer Society in May 2024, 6.6 thousand people in Canada were projected to be diagnosed with leukemia cancer in 2024. Blood transfusion is essential in cancer treatment as it helps provide healthy blood cells to the body, thereby reducing symptoms and side effects. Moreover, some cancers (especially digestive system cancers) cause internal bleeding, leading to anemia and degrading the patients’ condition. Therefore, the high burden of cancer cases and blood transfusion rates are expected to impact the market growth in the North American region positively.
Furthermore, the market players are developing new blood bags to preserve blood for longer, which is expected to increase the demand over the forecast period. For instance, in February 2024, Xheme, Inc. and Vitalant Research Institute are pioneering a blood bag technology that is both non-toxic and free from PVC, aiming to safeguard limited blood resources. Therefore, the growing need for blood infusion units, the high burden of cancers, and company activities are expected to boost the market growth in the region over the forecast period.
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Blood Bags Industry Overview
The blood bags market is moderately consolidated, with several players operating in it. Some of the major players operating in the blood bags market include Terumo Corporation, Maco Pharma International GmbH, Fresenius SE & Co. KGaA, INNVOL, Neomedic International, HLL Lifecare Limited, Kawasumi Laboratories Inc., AdvaCare Pharma, and Haemonetics Corporation. The key companies' focus is on bringing innovative and eco-friendly products to the market to maintain their dominance in it.
Blood Bags Market Leaders
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Terumo Corporation
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Maco Pharma International GmbH
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Fresenius SE & Co. KGaA
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Haemonetics Corporation
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Kawasumi Laboratories Inc.
- *Disclaimer: Major Players sorted in no particular order
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Blood Bags Market News
- May 2024: The Egyptian Authority for Unified Procurement, Medical Supply, and Management of Medical Technology (UPA) completed an agreement with JMS Japan to establish a new production facility in Egypt for blood bag production.
- February 2024: Xheme, Inc., established a strategic partnership with the Vitalant Research Institute to develop non-polyvinyl chloride (PVC) blood bag film technology designed to conserve valuable blood supplies while complying with European Union regulations for medical plastics.
Blood Bags Industry Segmentation
As per the scope of the report, blood bags are bags that are used for the reliable collection, separation, storage, and transport of blood, along with blood components, such as RBC, WBC, and blood platelets. Additionally, they prevent the blood from coagulation and contamination.
The blood bags market is segmented by product, type, end-user, and geography. By product, the market is segmented into single blood bags, double blood bags, triple blood bags, and other products. By type, the market is segmented into collection bags and transfer bags. By end user, the market is segmented into hospitals and clinics, blood banks, and other end users. By geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD) for the above segments.
| By Product | Single Blood Bag | ||
| Double Blood Bag | |||
| Triple Blood Bag | |||
| Other Products | |||
| By Type | Collection Bag | ||
| Transfer Bag | |||
| By End User | Hospitals and Clinics | ||
| Blood Banks | |||
| Other End Users | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
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Global Blood Bags Market Research Faqs
How big is the Global Blood Bags Market?
The Global Blood Bags Market size is expected to reach USD 489.37 million in 2025 and grow at a CAGR of 4.25% to reach USD 602.58 million by 2030.
What is the current Global Blood Bags Market size?
In 2025, the Global Blood Bags Market size is expected to reach USD 489.37 million.
Who are the key players in Global Blood Bags Market?
Terumo Corporation, Maco Pharma International GmbH, Fresenius SE & Co. KGaA, Haemonetics Corporation and Kawasumi Laboratories Inc. are the major companies operating in the Global Blood Bags Market.
Which is the fastest growing region in Global Blood Bags Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Global Blood Bags Market?
In 2025, the North America accounts for the largest market share in Global Blood Bags Market.
What years does this Global Blood Bags Market cover, and what was the market size in 2024?
In 2024, the Global Blood Bags Market size was estimated at USD 468.57 million. The report covers the Global Blood Bags Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Blood Bags Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Global Blood Bags Industry Report
The report covers global blood bags manufacturers and the market is segmented by product, type, end user, and geography. The market provides the value for the above segments. Statistics for the blood bag market share, size, and revenue growth rate are included. The blood bag analysis includes a market forecast outlook and historical overview. The report offers a comprehensive industry analysis, providing insights into market size, market share, and market growth. It also includes an industry overview and market trends, highlighting the key market leaders and their influence on the global market.
The industry report is segmented by product, including single blood bag, double blood bag, triple blood bag, and other products. It also covers the type, such as collection bag and transfer bag, and end users like hospitals and clinics, blood banks, and other end users. The market forecast and market predictions are part of the market outlook, offering a detailed market review and market segmentation. The report includes industry information, industry research, and industry statistics, with a focus on market value and market data.
The industry outlook and market overview provide a clear picture of the industry's current state and future prospects. The market analysis is supported by a report example and a free report PDF download, ensuring that research companies have access to the necessary market research. The report highlights the industry trends and market growth, offering valuable insights into the market's direction. The industry sales and industry size are also covered, providing a comprehensive view of the market landscape.
