UAE Blood Bags market is expected to grow at impressive CAGR during the forecast period. This can be attributed to the rising demand for blood collection and increasing prevalence of blood related disorders. Also, the increasing number of road accidents that require immediate blood transfusion is also influencing the growth of UAE blood bags market in the coming years.
The need for blood bags has subsequently escalated during the COVID-19 public health emergency. Many people with weakened immune systems have contracted COVID-19, which has caused hospitalization and the possibility of blood transfusion needs. As a result, after the epidemic, the demand for blood bags and equipment has increased during COVID-19 pandemic.
Additionally, the expansion of hospitals, blood banks, and other healthcare facilities is supporting the growth of UAE blood bags market through 2028. The demand for blood bags in the UAE is also being driven by the rising public awareness regarding the importance of blood donation. However, the excessive use of blood bags is causing hazardous waste to be produced, which is hampering the growth of UAE Blood Bags Market during the forecast period, 2024-2028.
Rise in Number of Car Accidents
According to the Ministry of Interior, road accidents resulted in 381 fatalities and 2,620 injuries in the UAE 2021, compared to 256 fatalities and 2,437 injuries in 2020.
Increase in Blood Related Disorders
Due to the rise in number of patients with various illnesses related to blood, kidney, metabolic, and neurological issues, blood bags are in high demand. Cancers that affect the bone marrow, blood cells, lymph nodes, and other components of the lymphatic system include leukemia, lymphoma, myeloma, and myelodysplastic syndromes (MDS). Major blood cells include red blood cells, white blood cells, and platelets can be impacted by blood diseases. Each of them plays a distinct purpose, and when one of these parts isn't working properly, it can have serious effects on how the body functions. More than half of the population in UAE is suffering from Cardiovascular disease which require the blood transfusion which in turns drives the growth of UAE Blood Bags Market during the forecasted years.
Increase in the Number of the Blood Banks and Diagnostics Centers
The increase in the number of the blood banks and diagnostics centers is increasing which increase the demand of the blood bags and hence increase the growth of the UAE Blood Bags market. Additionally, growing government expenditure on building more hospitals, blood banks, diagnostic centers as well as government also started various initiatives to collect blood which is supporting the growth of UAE Blood Bags Market during the forecast period, 2024-2028.
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Market Segmentation
UAE Blood Bags market is segmented based on product type, type, volume, material end user, region, and company. Based on product type, the market can be fragmented into single blood bag, double blood bag, triple blood bag, quadruple blood bag, penta blood bag. Based on type, the market is split into collection bag and transfer bag. Based on volume, the market is divided into 100ml, 150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml. Based on material, the market is divided into PVC, PET, others. Based on end user, the market is divided into hospitals, clinics, ambulatory surgical center, blood banks, others.
Company Profiles
Terumo Middle East FZE, Fresenius Medical Care Middle East FZ LLC, Cytomed, Teleflex UAE, MacoPharma UAE, Grifols International S.A. Dubai R.O. are among the major market players in UAE that lead the market growth of the UAE Blood Bags market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Product Type · Type · Volume · Material · End User |
Country scope | Abu Dhabi, Sharjah, Dubai |
Key companies profiled | Terumo Middle East FZE, Fresenius Medical Care Middle East FZ LLC, Cytomed, Teleflex UAE, MacoPharma UAE, Grifols International S.A. Dubai R.O. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
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