Global Arterial Blood Collection Market, By Type (Blood Collection Tubes, Lancet, Needles, Vacuum Blood Collection System, Microfluidic System, Others), Application (Arterial Blood Gas Sampling, Intraoperative Blood Salvage), End User (Hospitals and Clinics, Blood Banks, Laboratories, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Arterial Blood Collection
Arterial blood collection market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1637.12 million by 2028 and will grow at a CAGR of 8.78% in the above mentioned forecast period.
Arterial blood sample is usually collected from the artery with the help of arterial blood collection devices. Arterial blood collection ought to be performed only by healthcare professionals after having proper knowledge and training. Devices for arterial blood collection are needed to be sterilized to evade infection to the healthcare professionals and patients while blood collection. Arterial blood collection devices are generally used for arterial blood gas sampling.
The rapid increase in the demand for safe blood collection devices is amongst the important factors intensifying the growth and demand of arterial blood collection market. In addition, the increasing aging population suffering from chronic disease and high demand of diagnosis of chronic disease are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the number of surgical procedures as a pre-operative measure and technological advancement and innovation are also enhancing the growth of the market. Furthermore, the increasing number of accidents and trauma cases as well as the high demand for blood donations and blood components and rapid shift towards preventive healthcare has generated substantial demand for diagnostic testing are also one of the significant factors fueling the growth of the arterial blood collection market. High demand for arterial blood collection devices to prevent needle-stick injuries in the health care setting will also make sure high industry growth over the forecast period.
The rapid technological advancements in blood collection procedures, growing demand for apheresis and high progression in arterial blood collection devices are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the shifting inclination towards robotic surgery, lack of awareness and stringent high expenses of automated blood collection devices will restrain the growth of the arterial blood collection market, whereas the complication of storage and shipping and dearth of skilled professionals has the potential to challenge the growth of the arterial blood collection market.
This arterial blood collection market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on arterial blood collection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Arterial Blood Collection Market Scope and Market Size
Arterial blood collection market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the arterial blood collection market is segmented into blood collection tubes, lancet, needles, vacuum blood collection system, microfluidic system and others.
- Arterial blood collection market is also segmented on the basis of application into arterial blood gas sampling and intraoperative blood salvage.
- The end user segment of arterial blood collection market is segmented into hospitals and clinics, blood banks, laboratories and others.
Arterial Blood Collection Market Country Level Analysis
Arterial blood collection market is analyzed and market size insights and trends are provided by country, type, application and end user as referenced above.
The countries covered in the arterial blood collection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the arterial blood collection market owing to the rising incidence of lifestyle diseases, increasing incidence of blood disorders, enhanced healthcare facilities and the strong presence of major manufacturers within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing disposable income and technological advancement in healthcare and medical research, within this particular region.
The country section of the arterial blood collection market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Arterial blood collection market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for arterial blood collection market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the arterial blood collection market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Arterial Blood Collection Market Share Analysis
Arterial blood collection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to arterial blood collection market.
The major players covered in the arterial blood collection market report are Abbott, BD, Bio-Rad Laboratories Inc., Medtronic, QIAGEN, NIPRO, TERUMO BCT INC., F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Greiner Bio-One International GmbH, SEKISUI CHEMICAL CO. LTD., Narang Medical Limited, Medline Industries Inc., FL MEDICAL s.r.l., Fresenius Kabi India Pvt. Ltd., Haemonetics Corporation, SC – Sanguis Counting, Edwards Lifesciences Corporation, CU Medical, Inc., and Smiths Medical among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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