India Blood Bags Market

Synopsis
The above chart is India Blood Bags Market Outlook (2018 to 2032)

Market Dynamics

despite having the second largest population in the world, india suffers from a perpetual shortage of blood bags and blood donations. the country annually needs at least 3 million units of blood, while total blood collection remains barely around 10 million with regular shortages. recently, there has been increasing focus from the government to improve the situation over the next few years. as of date, due to inadequate storage and distribution systems, a lot of fresh blood gets wasted in india and there is a high rate of hepatitis infection in donated blood. this is in direct relation to inadequate blood bags and poor storage and distribution protocols. to address this critical gap, the government of india is now looking at introducing technological advancements with the public and private sector. this includes technologies like electronic tracking of blood donations and chain of custody protocols. these will help ensure better quality and more accurate collection, testing, storage, and usage of donated blood. another benefit of these technologies is the improvement in the safety and reliability of blood bags. in india, only the select, certified and traceable “whole blood” bags are used for donations. these bags are enclosed with a protective plastic shell and contain antiseptic, leak-proof liners to prevent contamination. in 2018, several new companies have stepped in to offer specialized plastic bags for blood storage that provide advanced protection and features, such as a self-locking closure, traceability, clear tracking and maintenance of temperature and expiration dates. in the long-term, india’s demand for blood bags is projected to go up significantly. this is due to the rapid population growth, an aging population and the increasing number of people who require transfusions. over the next fifteen years, many more companies are expected to enter the industry and offer innovative blood storage solutions. to meet this rising demand for blood bags, more hospitals and public and private institutions will need to invest in upgraded infrastructure and production solutions. this would include an increased emphasis on proper storage, testing and transportation protocols. the government will also need to take proactive steps to encourage indian organizations, companies and citizens to donate blood and to create awareness of the importance of donating blood on a voluntary basis in order to combat the shortage of blood bags in the country.