Plasma Bottle Market

Plasma Bottle Market Outlook (2022 to 2032)

The demand in the global plasma bottle market is estimated to project growth at a CAGR of around 4% to 5% during the assessment period 2022 to 2032. Increasing emphasis on the development of novel sterile medical packaging solutions for storing body fluids is expected to facilitate the growth in the global market.

Report Attribute	Details
Plasma Bottle Market Projected Growth Rate (2022 to 2032)	4% to 5% CAGR

Plasma bottles are sterilized bottles used for packaging and storing non-cellular portions of blood, protein, and electrolytes commonly referred to as plasma across blood banks, defense, and medical banks. These bottles are available in a variety of sizes and are generally made up of glass or medical-grade plastics.

The processing and maintaining the composition of blood, plasma, and other tissues with maximum hygienic conditions becomes a crucial task for medical banks. As plasma bottles assist in completing this task, they are gaining huge popularity across medial & healthcare spaces.

Which are Some Prominent Drivers the Spearheading Plasma Bottle Market Growth?

With growing vehicular fleet and rising traffic congestion, there is a substantial increase in number of road accidents across the world, creating strong demand for associate treatments and supplements. For instance, according to a survey by the National Crime Records Bureau, in 2020, approximately 354,796 incidences of road accidents were reported in India.

This rising burden of road accidents is accelerating the demand for blood and blood components for the patients with high blood loss. As plasma bottles are extensively used for safe collecting, storing, packaging, and transportation of blood components, surging need for blood components is estimated to create lucrative growth opportunities in the global market.

In addition to this, the leading plasma bottle manufacturers are constantly aiming at adopting novel production processes for manufacturing plasma bottles with varying sizes, shapes, and colors with minimum defects, which is expected to favor the growth in the market.

What are Key Challenges Restraining the Growth in the Global Plasma Bottle Market?

Presence of stringent standards and norms for the development and approval of sterile medical packaging solutions across regions such as North America, Europe, and Asia Pacific is projected to restrain the growth in the global plasma bottle market.

Also, implementation of strict regulations regarding the use of plastics, due to the rising concerns regarding disposal and environmental impact is expected to hamper the demand for plasma bottles across the plastics segment.

Why is South Asia Garnering Maximum Sales of Plasma Bottle in the Global Market?

As per Future Market Insights, South Asia is forecast to account for the lion’s share in the global plasma bottle market between 2022 and 2032.

Due to the growing burden of road accidents and increasing prevalence of blood-related diseases across Asia Pacific, a significant rise in blood & blood component transfusion is being witnessed in the countries such as India, Thailand, Bangladesh, and others.

For instance, according to a report by the Friends2support Organization, around 50 Million units of blood are required each year and nearly 30 Million units of blood components such as plasma are transfused every year in India. As plasma bottles are extensively used across numerous medical banks for transportation of blood components, increasing need for blood transfusion is expected to facilitate the growth in the South Asia market.

What is the Demand Outlook for Plasma Bottle in the North America Market?

North America is expected to account for a significant share in the global plasma bottle market during the forecast period 2022 to 2032, states FMI.

With growing focus on proper storage and transportation of blood components in maximum hygienic conditions for maintaining the quality of blood, the demand for novel medical packaging solutions such as plasma bottles is rapidly increasing.

Also, launch of new guidelines on Human Blood and Transfusion Services by the New York State Council for processing and administration of plasma is further elevating the adoption of disinfected plasma storage solutions. This is anticipated to bolster the sales of plasma bottles in the North America market.

Market Competition

Some of the leading players in the plasma bottle market are SGD Pharma and Adelphi Group. These players are increasingly focusing on launching new products to expanding their product portfolio and adoption production capacity expansion and agreement strategies for strengthening their footprint.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 4% to 5% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015 to 2020
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Raw Material, Shape, End Use, Region
Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Companies Profiled	SGD Pharma; Adelphi Grou; Others
Customization	Available Upon Request

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

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

Frequently Asked Questions

What is the sales forecast for plasma bottle in the global market until 2032?

FMI projects the sales of plasma bottle in the market is expected to rise at 4% to 5% value CAGR by 2032

Which region is forecast to be the most lucrative for plasma bottle market growth?

The global plasma bottle market is expected to be dominated by South Asia the forecast period 2022-2032.

Which are some leading plasma bottle manufacturers?

SGD Pharma, Adelphi Group, and others are some of the leading players in the prominent plasma bottle market.