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Global Blood Bags Revenue Is Nearly 299.3 M USD And The Actual Production Is About 221700 K Set In 2016
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In the last several years, global market of blood bags developed rapidly, with an average growth rate of 9%. In 2016, global revenue of blood bags is nearly 299.3 M USD; the actual production is about 221700 K Set.

The global average price of blood bags is in the decreasing trend, from 1.43 USD/Set in 2011 to 1.35 USD/Set in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of blood bags includes single, double, triple, quadruple and others. And the proportion of single in 2016 is about 64%.

Blood bags are widely used in blood banks, hospital and other field. The most proportion of blood bags is used in blood banks, and the revenue in 2016 is 285.55 M USD. 

North America region is the largest supplier of blood bags, with a production market share nearly 33% in 2016. Europe is the second largest supplier of blood bags, enjoying production market share nearly 26% in 2016.

North America is the largest consumption place, with a consumption market share 54.5% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share about of 17%. 

Market competition is intense. TERUMO, Wego, Fresenius, Grifols, Haemonetics, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.