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Persistence Market Research has published a new market report titled, “Global Market Study on Disposable Plastic Blood Bags: Single Blood Bags to Witness Highest Growth by 2020” that states the Global Disposable Plastic Blood Bags market was valued at US$244 million in 2014. Growing at a rapid CAGR of 9.1% from 2014 to 2020, the market is expected to reach an estimated value of US$413 million in 2020.

Browse Full Report with TOC: http://www.persistencemarketresearch.com/market-research/disposable-plastic-blood-bag-market.asp

According to the study report, North America is the most dominant player in the global disposable plastic blood bags market. The market in this region is growing at a CAGR of 9.3% and is estimated at US$84 million in 2014. It is expected to reach US$143 million in 2020. Due to large population base and rising demand for blood transfusion processes, Asia is expected to experience high growth rate in the next five years, with maximum growth in regions of China and India.

The report talks about some of the latest trends that have been observed in the global disposable plastic blood bags market. These include increasing number of mergers and acquisitions by companies and increasing use of RFID technology in blood bags. The report also provides estimation and in-depth analysis of the market for the period 2014 to 2020, considering 2013 as the base year for calculation. Globally, the disposable plastic blood bags market is witnessing high growth because of rising geriatric population, enhancement in disposable plastic blood bags, and increasing prevalence of chronic diseases.

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Various market drivers, growth restraints, strategic developments, and trends pertaining to current market dynamics have also been provided in the report. In addition, the report segments the market on the basis of type of bags, regional analysis, and end-user segments as well.

Browse PMR Latest Healthcare Market Research Reports: http://www.persistencemarketresearch.com/category/healthcare.asp

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