Report Overview

An increasing healthcare infrastructure, rising awareness of blood donation, and growing surgical procedures are expected to drive India Blood Bag Market during the forecast period between 2024 and 2030

India Blood Bag Market – Industry Trends & Forecast Report, 2030

India Blood Bag Market size was estimated at USD 51.82 Million in 2023. During the forecast period between 2024 and 2030, India Blood Bag Market size is projected to grow at a CAGR of 5.23% reaching a value of USD 72.93 Million by 2030. Prominent drivers of the market include the rising cases of chronic diseases, increasing surgical procedures, and government efforts to strengthen healthcare infrastructure. Innovations in materials science, such as advanced polymers and biocompatible materials, are enhancing the durability and flexibility of blood bags, ensuring better preservation of blood quality. Additionally, improved designs with features like integrated filters and ergonomic handles are boosting functionality. Technological advancements in storage, such as automated temperature monitoring systems and cryopreservation techniques, are expanding the scope of transfusion therapies. Moreover, automated barcode and RFID systems enhance traceability, safety, and inventory management, ensuring regulatory compliance and product integrity.

Blood Bag – Overview

A blood bag is a sterile, flexible plastic bag used to collect, store, process, and transport human blood and its components, such as plasma, platelets, and red blood cells. Blood bags are typically made of medical-grade materials like polyvinyl chloride (PVC) and are designed to ensure the safe handling and preservation of blood for transfusion or medical use. Blood bags often come with integrated tubing, anticoagulants, and sometimes filters to enhance functionality and maintain the quality and sterility of the stored blood.

India Blood Bag Market

Growth Drivers

Rising Awareness of Blood Donation

Educational initiatives and awareness campaigns encourage voluntary blood donations, expanding the donor pool and increasing the demand for blood bags to store and transport these donations. A sustainable blood supply is vital for healthcare facilities to meet the needs of surgeries, treatments, and emergencies, and heightened awareness ensures a steady inflow of blood products, requiring efficient storage and handling with reliable blood bags. Additionally, blood donation drives improve operational efficiencies in blood banks and donation centers, prompting upgrades in infrastructure to accommodate larger volumes of blood. In emergencies and natural disasters, awareness leads to quicker responses and ensures sufficient blood bag stocks for prompt collection and distribution. Increased donor participation also drives regulatory compliance, making high-quality blood bags essential for safe transfusions. This growing awareness not only addresses the ongoing need for blood products but also advances blood bag technologies and infrastructure, reinforcing sustainable healthcare delivery and emergency preparedness across India.

Challenges

Lack of Infrastructure

Lack of infrastructure in rural areas significantly restrains the growth of the India Blood Bag Market. Many rural regions face challenges such as limited healthcare facilities, inadequate blood storage equipment, and insufficient transportation networks, making it difficult to collect, store, and transport blood safely. The absence of modern blood banks and donation centers further hampers the availability of blood products in these areas. Additionally, poor electricity supply and lack of cold storage facilities reduce the ability to preserve blood efficiently, limiting the demand for blood bags and hindering the overall growth of the market in rural regions.

Impact of Escalating Geopolitical Tensions on India Blood Bag Market

Escalating geopolitical tensions among countries across regions could have a significant impact on the growth of India Blood Bag Market. Disruptions in global supply chains due to political instability or trade restrictions can lead to shortages of raw materials used in manufacturing blood bags, affecting production and availability. Import-export limitations may increase costs, making it difficult for healthcare facilities to procure essential supplies. Additionally, geopolitical conflicts can strain healthcare systems during crises, increasing the demand for blood products while simultaneously challenging the supply and distribution of blood bags. These factors collectively hinder market growth, as manufacturers and healthcare providers face logistical and financial challenges in maintaining adequate stocks of blood bags during periods of heightened geopolitical uncertainty

India Blood Bag Market

Segmental Coverage

India Blood Bag Market – By Type

By type, India Blood Bag Market is bifurcated into Collection Bag and Transfer Bag segments. The collection bag segment holds a higher share in India Blood Bag Market by type. Collection bags are crucial in blood donation processes, designed for safe and hygienic blood collection across blood drives, banks, and automated procedures. Their widespread use ensures consistent demand from healthcare facilities and donation centers throughout India. Featuring sterile connectors, tubing, and anticoagulants, these bags prevent clotting and maintain blood quality. Available in various sizes, they cater to different donation volumes while adhering to strict regulatory standards, ensuring safety and quality. Their vital role in storage, transportation, and transfusion supports efficient blood transfusion services nationwide.

India Blood Bag Market – By Product

Based on product, India Blood Bag Market is divided into Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, and Penta Blood Bag segments. The single blood bag segment is expected to hold the highest share in India Blood Bag Market by product during the forecast period. Single blood bags are versatile and widely used across healthcare settings for routine transfusions and medical procedures, making them essential for managing patient needs in emergencies and surgeries. Their affordability compared to multi-compartmental bags makes them accessible to a broad range of healthcare facilities, including smaller clinics and rural hospitals, driving consistent demand. Additionally, single blood bags meet stringent regulatory standards, ensuring safety and reliability. Their widespread use and cost-effectiveness make them a dominant choice in the Indian healthcare sector, supporting sustained market growth.

India Blood Bag Market – By Volume

By volume, India Blood Bag Market is divided into 450ml, 350ml, 150ml, 100ml, and 250ml segments.

India Blood Bag Market – By Material

Based on volume, India Blood Bag Market is split into PVC and PET segments. The PVC segment holds a higher share in India Blood Bag Market and is expected to maintain its dominance by material during the forecast period. The PVC segment holds a higher share in the India Blood Bag Market and is expected to maintain its dominance by material during the forecast period. PVC blood bags are cost-effective to manufacture, making them widely accessible to hospitals, clinics, and blood banks in India’s cost-sensitive healthcare environment. Known for its durability, safety, and compatibility with blood components, PVC meets stringent regulatory standards for blood storage and transfusion. Its flexibility allows for easy molding and the integration of components like filters and tubing, enhancing functionality. Additionally, PVC blood bags are resistant to punctures and leaks, ensuring the protection and integrity of blood products, further driving the segment's growth.

India Blood Bag Market – By End User

On the basis of end user, India Blood Bag Market is divided into Hospitals and Clinics, Blood Banks, and Ambulatory Surgical Centers segments.

India Blood Bag Market – By Region

The in-depth research report on India Blood Bag Market covers the market in the country’s major regions: North India, South India, East India, and West India regions. North India holds the highest share in India Blood Bag Market and is expected to maintain its dominance during the forecast period. States such as Uttar Pradesh, Punjab, Haryana, and Delhi, with their high population density and extensive healthcare infrastructure, contribute to this dominance. Major cities like Delhi, Chandigarh, and Lucknow are key healthcare hubs with numerous hospitals, specialty clinics, and blood banks, driving the demand for blood bags for various medical needs. The rapid urbanization and economic growth in North India's urban centers have increased healthcare spending and access, further boosting the demand for blood bags. The expansion of private hospitals and multi-specialty clinics enhances this need. Government initiatives like the National Health Mission (NHM) and state-specific programs focus on improving healthcare services, including blood transfusion facilities, which supports the market's growth. Additionally, the presence of leading medical colleges and research institutions fosters innovation and the adoption of advanced blood bag technologies in the region.

Competitive Landscape

Major players operating in India Blood Bag Market include Terumo Penpol Pvt. Ltd., Mitra Industries Pvt. Ltd., Poly Medicure Ltd., HLL Lifecare Ltd., BL Lifesciences Pvt. Ltd., Innvol Medical India Limited, Imperial Biotech Private Limited, Fresenius Kabi India Private Limited, Advin Health Care, and Sai Kripa Enterprises. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In May 2023 - The Indian Council of Medical Research (ICMR) recently conducted a successful trial of its i-DRONE initiative, which involves using drones to deliver blood bags. This groundbreaking study, conducted with Lady Hardinge Medical College, Government Institute of Medical Sciences, and Jaypee Institute of Information Technology, tested the drone's ability to transport blood samples while maintaining proper temperature and product integrity.

Scope of the Report

By Type

• Collection Bag

• Transfer Bag

By Product

• Single Blood Bag

• Triple Blood Bag

• Double Blood Bag

• Quadruple Blood Bag

• Penta Blood Bag

By Volume

• 450ml

• 350ml

• 150ml

• 100ml

• 250ml

By Material

• PVC

• PET

By End User

• Hospitals and Clinics

• Blood Banks

• Ambulatory Surgical Centers

By Region

• North India

• South India

• East India

• West India