United Kingdom Blood Bags Market By Product (Single Blood Bag, Triple Blood Bag, Double Blood Bag, Quadruple Blood Bag, Penta Blood Bag), By Type (Collection Bag v/s Transfer Bag), By Volume (450ml, 350ml, 150ml, 100ml, 250ml, Others), By Material (PVC, PET, Others), By End-User (Hospitals and Clinics, Blood Banks, Ambulatory Surgical Centers, Others), By Region, Competition, Forecast & Opportunit
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited Kingdom Blood Bags Market By Product (Single Blood Bag, Triple Blood Bag, Double Blood Bag, Quadruple Blood Bag, Penta Blood Bag), By Type (Collection Bag v/s Transfer Bag), By Volume (450ml, 350ml, 150ml, 100ml, 250ml, Others), By Material (PVC, PET, Others), By End-User (Hospitals and Clinics, Blood Banks, Ambulatory Surgical Centers, Others), By Region, Competition, Forecast & Opportunit
United Kingdom Blood Bags market stood at USD 10.63 Million in 2021 and is expected to grow at a CAGR of 7.76% during the forecast period. This can be attributed to increasing number of road accidents taking place, nationwide. 1516 people lost their lives in 2020 on the UK roads. Out of which, 1460 deaths were held in Britain itself and 56 of them were recorded in Northern Ireland. This number is hard to decline and is expected to further rise in the near future because of the growing number of vehicles around the road and the growing carelessness amongst the youngsters. These accidents can lead to severe blood loss, which needs to be met as soon as possible in order to save the patient’s life.
Another reason for sudden accidents occurring in the United Kingdom is the drink and drive. Although, the UK has stringent laws against drinking and driving, yet people chose their lives to be taken this way. Especially youngsters of the country, who have little to no control over their temper mostly tend to engage themselves in such incidents. These incidents can have a very brutal outcome of either hemorrhage or a very severe head injury. These can demand blood in huge amounts, which can have a positive impact on the blood bags industry of the country.
Increasing Fatal Injuries in the United Kingdom
Work-related accidents, for example, a fall from height, hit by a moving vehicle, contact with a moving machinery or getting trapped by something collapsing or overturning, can take a sour turn if ignored and not treated in a timely manner. These work-related injuries are often fatal and can cause severe blood loss resulting in death. The United Kingdom experienced 29 fatal injuries because of fall from height which was nearly 24% of all worker deaths over the year 2021-22. 23 injuries happened by getting struck by a moving vehicle which represented a 19% of the total number of deaths over the year. These fatal injuries can take place at numerous industries like construction sites, manufacturing sites, administrative and support services, agriculture, forestry, and fishing areas leading to a sudden blood loss or hemorrhage. Thus, raising the demand for blood bags in the United Kingdom.
Prevalence of Alzheimer’s in the United Kingdom
One of the most common neurodegenerative disorders is Alzheimer’s for which no treatment is found at till date. Memorial, behavioural and thinking problems are created with Alzheimer’s. But recent research has displayed successful results after administration of young blood products like plasma. June 2022 has recorded the highest number of deaths from Alzheimer’s and dementia in England reporting to be 10.8% of all the deaths. Having a piecemeal nature, slow diagnosis rates and moderate early-stage symptoms, it becomes difficult to reach an exact number of how many people are living with this condition, but according to a projection by Alzheimer’s Research UK, there are 944,000 people in the United Kingdom suffering from Alzheimer’s and dementia and this figure is estimated to rise.
Therefore, an increase in Alzheimer’s patients in the country will result in increased demand for plasma transfusions and hence call-in demand for more blood bags in the nation.
Growing Cases of Ischaemic Heart Diseases (IHD)
Ischaemic heart diseases, otherwise called coronary heart diseases, is the second leading cause of death in the United Kingdom. According to British Heart Foundation (BHF), there are approximately 7.6 million people in the UK who are experiencing a heart or a circulatory disease and although, with better survival rates from heart and circulatory incidents in the aging and growing population of the country, these numbers will still experience a raise.
A constant leap in subjects with ischaemic heart diseases in the UK will ultimately lead to more heart by-pass surgeries and heart transplants, that will eventually lead to an upsurge in demand of blood and hence, blood bags. This will aid the growth of United Kingdom Blood Bags market.
National Health Services Blood and Transplant Schemes
In order to increase support for donation among Black, Asian, mixed-race, and minority ethnic communities, NHS Blood and Transplant has committed to implementing the Community Investment Scheme. The program provides funding to organizations that promote community involvement, religious observance, and spread awareness. Because of their expertise, local presence, and ability to accomplish these aims, reputable local organizations are recognized as being capable. It attempts to address the dearth of ethnically matched stem cell donors as well as the paucity of Black blood donors, whose blood is required to treat diseases like sickle cell, and the lack of ethnically matched organs for people awaiting a transplant in all BAME (Black, Asian and minority ethnic) groups. This scheme will help create consciousness amongst people and encourage to come and donate blood, thereby, promoting the United Kingdom Blood Bags market.
Market Segmentation
The United Kingdom Blood Bags market is segmented based on product, type, volume, material, end-user, and regions distribution. Based on Product, the market can be fragmented into Single Blood Bag, Triple Blood Bag, Double Blood Bag, Quadruple Blood Bag and Penta Blood Bag. Based on Type, the market can be split into Collection Bag and Transfer Bag. Based on Volume, the market can be divided into 450ml, 350ml, 150ml, 100ml, 250ml and Others. Based on Material, the market can be segmented into PVC, PET, and Others. Based on End-User, the market can be classified into Hospitals and Clinics, Blood Banks, Ambulatory Surgical Centers, and Others. Based on Region, the market can be classified into Scotland, Southeast, London, Southwest, East Anglia, Yorkshire & Humberside, and East Midlands.
Company Profiles
Maco Pharma International GmbH, Terumo BCT Inc., KB MEDICAL (GROUP) INC., Troge Medical GmbH, BL Lifesciences Pvt Ltd., Select IVF, Bourn Hall Fertility Clinic, HealthPlus Fertility Center, Burjeel Hospital, and PRC Fertility Center are some of the leading companies operating in the United Kingdom blood bags market.
| Attribute | Details |
| Market size value in 2021 | USD 10.63 Million |
| Revenue Forecast in 2027 | USD 16.87 Million |
| Base Year | 2021 |
| Historical Years | 2017 – 2021 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product · Type · Volume · Material · End-User |
| Regional Scope | Scotland; Southeast; London; Southwest; East Anglia; Yorkshire & Humberside; East Midlands |
| Key Companies Profiled | Maco Pharma International GmbH, Terumo BCT Inc., KB MEDICAL (GROUP) INC., Troge Medical GmbH, |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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