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.
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For medical banks, one of the most crucial tasks is the processing and maintaining of the composition of blood, plasma, and other tissues in the utmost hygienic conditions. This is a task that plasma bottles can assist with and thus gain enormous popularity across medical & healthcare sectors.
A surge in the vehicular fleet and rising traffic congestion has resulted in a significant increase in the number of road accidents all over the globe. This has generated high demand for related treatments and supplements including blood and blood component transfusions. As blood and blood components require careful storage and transportation in maximum hygienic conditions, the demand for plasma bottles is also on the rise.
This growing burden of road accidents across the globe is spearheading the demand for blood and blood components for patients with high blood loss. Since plasma bottles are largely used for the safe collecting, storing, packaging, and transportation of blood components, this heightened need for blood components is likely to produce profitable growth opportunities in the international market space.
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Moreover, the major plasma bottle 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.
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.
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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.
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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