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The blood bags market size is forecast to increase by USD 203.7 million, at a CAGR of 8.1% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The increasing number of hospitals and blood banks is a major factor fueling market growth. Moreover, growing awareness about the importance of blood donation and the need for safe blood transfusions is also contributing to market expansion. However, challenges such as the risk of blood infections from pathogens like Pseudomonas and Yersinia, as well as the presence of endotoxins in infected blood, pose significant hurdles. To address these challenges, there is a growing demand for advanced blood bags with features such as perforated surfaces and component preparation to ensure the safety and efficacy of blood transfusions. The market is expected to grow steadily due to the large and aging population, which requires regular blood transfusions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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