Global Blood Collection Market, By Product (Serum Tube, Plasma Tube, EDTA, Heparin, Coagulation, Glucose, Needle, Lancet, ESR, Syringe, Blood Bag), Method (Manual, Automated), Application (Diagnostics, Treatment), End-User (Hospital, Blood Bank Center, Academics, Home Care), 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 and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Blood Collection
Blood collection market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.8% in the above-mentioned forecast period.
Blood collection is basically a procedure of taking blood samples from the donor to performing laboratory diagnostic tests for the treatment of patients. It is a very crucial part of the blood management procedure in hospitals and blood banks centers. This medical procedure is highly used in various end user industries such as hospital, blood bank center, academics and home care.
The rising disease incidence is the vital factor escalating the market growth, the rising number of accidents and trauma cases and also rising emergence of liquid biopsy tests and rising demand for blood donations and blood components are the significant factors responsible for driving the growth of the blood collection market. Additionally, various governments are also taking initiatives to help increase blood donation also heighten the overall growth of the market. However, the lack of skilled professionals along with the rising costs of automated blood collection devices obstruct the market’s growth.
The rising demand for apheresis and increased technological advancements in blood collection procedures and products are expected to generate profitable opportunities for the market. On the other hand, the complexities of storage and shipping have the potential to challenge for the market’s growth.
This 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 Data Bridge Market Research blood collection market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blood Collection Market Scope and Market Size
Blood collection market is segmented on the basis of product, method, application and end-user. The growth amongst these segments will help you analyze meagre 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 product, the blood collection market is segmented into serum tube, plasma tube, EDTA, heparin, coagulation, glucose, needle, lancet, ESR, syringe and blood bag.
- On the basis of method, the blood collection market is segmented into manual and automated.
- On the basis of application, the blood collection market is segmented into diagnostics and treatment.
- The blood collection market is also segmented on the basis of end-user into hospital, blood bank center, academics and home care.
Blood Collection Market Country Level Analysis
Blood collection market is analyzed and market size insights and trends are provided by product, method, application and end-user as referenced above.
The countries covered in the 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 dominates the market due to the rising prevalence of lifestyle diseases and the increasing incidence of blood disorders and the presence of major manufacturers in this region. Asia-Pacific is expected to show a rapid and lucrative growth rate in the forecast period owing to the increasing obesity and diabetes’ patients pool, greater adherence to health checkups and growing healthcare facilities within this region in the above mentioned forecast period.
The country section of the 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
Blood collection market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for blood collection market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the blood collection market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Blood Collection Market Share Analysis
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 blood collection market.
Some of the major players operating in the blood collection market report are Abbott, Medtronic, BD, Terumo Corporation, NIPRO, QIAGEN., Diagmed Healthcare, TERUMO BCT, INC., Fresenius Kabi AG, 3M, Koninklijke Philips N.V., Smith+Nephew, BD, ConvaTec Inc., Baxter, B. Braun Melsungen AG, Merit Medical Systems., Grifols, S.A, Micsafe SARSTEDT AG & Co. KG, Retractable Technologies, Inc., FL MEDICAL s.r.l., and AB Medical Academy among others.
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