From 2022 to 2032, the global plasma bottle market is anticipated to expand at a moderate CAGR of 4% to 5%. By the end of 2032, the target market is expected to reach a sizeable value. The growing emphasis on the creation of novel and inventive sterile medical packaging solutions for the storage of human fluids has a significant impact on the market for plasma bottles. Throughout the projected period, these bottles will continue to spread quickly throughout the medical and healthcare industries.
Processing and maintaining the composition of blood, plasma, and other tissues in the most sanitary conditions is one of the most important jobs for medical banks. Plasma bottles can aid in completing this process, so gain enormous popularity across medical & healthcare sectors.
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The incidence of road accidents has significantly increased worldwide due to an increase in the number of vehicles on the road and increasing traffic congestion. Transfusions of blood and blood components have seen a significant increase in demand as a result of this. The need for plasma bottles is growing as a result of the need for blood and blood components to be transported and stored with the utmost hygiene.
The need for blood and blood components for patients who have suffered significant blood loss is being driven by the growing burden of traffic accidents around the world. This increased demand for blood components is projected to create lucrative growth prospects in the global market sector since plasma bottles are primarily utilised for the secure collection, storing, packaging, and transportation of blood components.
Moreover, the major plasma collection vials manufacturers are persistently focusing on adopting new manufacturing processes for launching plasma bottles of varied sizes, shapes, and colors with the least defects. This aspect, along with others, is expected to drive the growth of the plasma bottle market during the forecast period.
“Increasing trauma and accident cases amplify the demand for blood and blood components for patients with high blood loss. This is expected to underpin the global growth of the plasma bottle market over the forecast period,” says an FMI analyst.
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Key Takeaways:
- Implementation of strict norms and regulations for the development of sterile medical packaging solutions will deter the growth of the plasma bottle market.
- South Asia is anticipated to account for the bulk of the global plasma bottle market share during 2022-2032.
- Increasing cases of road accidents and blood-related diseases will drive market growth across the Asia Pacific region.
- The introduction of new regulatory measures on Human Blood and Transfusion Services by the New York State Council for the processing and administration of plasma is further stimulating market growth in the North American region.
Competitive Landscape
SGD Pharma and Adelphi Group among others are some of the major players in the plasma bottle market profiled in the full version of the report.
Key market participants are concentrating on releasing new products and developing their product portfolios to cater to the growing demand. These businesses also employ strategies to expand their production capacities and engage in agreements and partnership tactics to strengthen their market position.
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Key Segments Profiled in the Plasma Bottle Market Survey
By Raw Material:
- Glass
- Type I
- Type II
- Plastics
By Shape:
- Cylindrical
- Rectangular
- Tubular
By Capacity:
- Up to 50ml
- Up to 100 ml
- Up to 250ml
- Up to 500ml
- Up to 1000ml
- Above 1000ml
By End Use:
- Pharmaceuticals
- Healthcare & Medical
- Research & Development
- Defense
- Others
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