1. Health

Growth prospects for Biological Sample Bags Market

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Global Biological Sample Bags Market: Introduction

  • Biological sample, also known as biological specimen, includes blood, urine, semen, tissue, and cells taken from a participant. Biological sample bags are used to collect the specimen in the form of solid, semi-solid, or liquid in pathology laboratory. Pathologytests are medical specialty tests that help determine the cause and nature of diseases by testing samples of body tissues and body fluids. The results from these pathology tests help doctors diagnose the diseases and provide treatments accordingly.

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Global Biological Sample Bags Market: Key Drivers and Restraints

  • Increase in the geriatric population in developed and developing countries is projected to boost the growth of the global biological sample bags market during the forecast period. The prevalence of age-related diseases such as diabetes, liver, and kidney diseases is anticipated to increase significantly due to surge in the geriatric population. The diagnosis and management of such diseases are increasing the number of prescriptions for tests such as urinalysis to check levels of creatinine, albumin, glucose, ketones, and bilirubin in urine. This increases the demand for biological sample bags, which in turn is expected to drive the global biological sample bags market.
  • Changing eating habits is increasing the cholesterol level in blood, which is responsible for development of cardiovascular diseases. This boosts the demand for cholesterolscreening tests, which in turn propels the demand for sample bags
  • According to the World Health Organization (WHO), all activities related to blood collection, testing, processing, storage, and distribution must be coordinated at the national level through effective organization and integrated blood supply networks. Significant increase in voluntary unpaid blood donations in low and middle-income countries is anticipated to boost the growth of the global market in the near future.

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North America to Capture Major Share of Global Biological Sample Bags Market

  • North America accounted for the major share of the global sample bags market due to the rise in prevalence of cancer in the U.S. (around 186,400 individuals are diagnosed with leukemia, lymphoma, or myeloma in 2021)
  • Children's blood cancer is becoming more prevalent in India. According to Globocan 2020, over 20,000 new cases of childhood blood cancer are diagnosed in India every year; around 15,000 of these are leukemia cases.
  • Hence, rise in blood tests for diagnosis and management of cancer increases demand for biological sample bags, which in turn is likely to augment the biological sample bags market during the forecast period

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Key Players Operating in Global Biological Sample Bags Market

Major players operating in the global biological sample bags market are:

  • Thermo Fisher Scientific
  • Lmb Technologie GmbH
  • Nasco
  • Com-Pac International
  • Inteplast Group
  • 3M
  • Interscience
  • Dinova Group
  • Uniflex Healthcare
  • Ward`s Science

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