[195+ Pages PDF Report] Global blood collection market was approximately USD 9.24 Billion in 2019 and is anticipated to reach around USD 14.7 Billion by 2026, at a CAGR of 6.8% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the blood collection industry. The report analyzes and declares the historical and current trends analysis of the blood collection industry and subsequently recommends the projected trends anticipated to be observed in the blood collection market during the upcoming years.
The blood collection market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire blood collection market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the blood collection industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the blood collection industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the blood collection market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the blood collection industry. The blood collection market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the blood collection sector. Key strategic developments in the blood collection market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the blood collection market are appropriately highlighted in the report.
The rise in the incidence of trauma and accidents are raising the demand for blood collection products. Moreover, these products are used in the treatment of patients suffering from chronic diseases, especially during chemotherapy, dialysis, complex surgeries, and tissue transplantation procedures. Increasing the usage of these products for diagnosis purposes is also bolstering the market growth. The rise in the number of approvals in the technological advancement of these products is also creating market demand. For instance, SiO2 Materials Science, an advanced materials science company launched 'Synergy Tube', a proprietary blood collection tube, for genetic diagnosis. It is a blood collection tube which is designed in such a way that it is unbreakable and to protect patient samples during transportation to the clinical lab. Thereby, enhancements of these products are anticipated to propel the global blood collection market growth in future years.
The blood collection market research report delivers an acute valuation and taxonomy of the blood collection industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the blood collection industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the blood collection industry is provided for the leading economies of the world.
The global blood collection market has been segmented into product, application, method, and end user. The product has been classified into a serum collection tube, plasma tube, lancet, syringe, blood bag, EDTA, heparin, coagulation, and ESR. In terms of application, the market has been segmented based on diagnostics and treatment. The method of collecting blood can be both manually, and automated. Furthermore, the end-user of the market has been bifurcated into the hospital, blood bank center, academics, and home care.
Top Market Players
Some of the essential players operating in the blood collection market, but not restricted to include Abbott Laboratories, Inc., Medtronic Plc., Becton, Dickinson and Company, Terumo Corporation, Nipro Corporation, QIAGEN N.V., F.L. Medical SRL, Haemonetics, Fresenius, Greiner Holding, Smiths Group, Kawasumi Laboratories, Quest Diagnostics, and Retractable Technologies amongst others.
The taxonomy of the blood collection market by its scope and segmentation is as follows:
Global Blood Collection Market: By Product Segmentation Analysis
Global Blood Collection Market: By Method Segmentation Analysis
Global Blood Collection Market: By Application Segmentation Analysis
Global Blood Collection Market: By End User Segmentation Analysis
Global Blood Collection Market: Regional Segmentation Analysis
KEY REPORT POINTERS & HIGHLIGHTS:
Table of Content
Key Insights from Primary Research
Key Recommendations from Analysts
Industry Major Market Players
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